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DGFT issues RCs for 1.6 mn tonne wheat export after May 13 ban order

-PTI/ The Hindu Business Line Registration certificates of wheat to exporters having valid letter of credit The commerce ministry's arm Directorate General of Foreign Trade (DGFT) has issued registration certificates for about 1.6 million tonne of wheat to exporters having valid letter of credit, after the ban order of May 13, an official said. The government is allowing wheat shipments for which irrevocable letters of credit (L/C) were issued on or before May...

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India exported 1.8 million tonnes wheat to several countries since ban: Food Secretary

-PTI/ The Hindu India has exported 1.8 million tonnes of wheat to a dozen-odd countries, including Bangladesh and Afghanistan, since the country banned exports of the grain on May 13, according to Food Secretary Sudhanshu Pandey. About 33,000 tonnes of wheat as humanitarian assistance has already been supplied to Afghanistan against the commitment of 50,000 tonne, he said. Mr. Pandey, addressing a ministerial conference on ‘uniting for global food security’ held at Berlin,...

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Are we choosing the right solutions for reducing GHG emissions from the transport sector?

The transport sector is important for the smooth functioning of an economy. The supply chains for various products and by-products (both domestically as well as internationally) can work efficiently only if the transportation of raw materials and inputs, and final goods and commodities takes place without disruption.   Due to economic growth, India’s annual CO2 (i.e., carbon dioxide) emission has expanded from 1.19 billion tonnes in 2005 to 2.44 billion tonnes...

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WTO’s MC12 ends, India’s demand on public stockholdings for food grains pushed to 2023 -Himanshu N

-Down to Earth India had pressed for a concrete solution to the issue; but some other countries hardened their positions, resulting in a lack of consensus, according to a delegate The 12th Ministerial Conference (MC12) of the World trade Organization (WTO) that began in Geneva June 12, ended June 16, with India’s demand to seek a permanent solution on public stockholdings (PSH) of food grains being pushed to MC13 in 2023. A member...

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How EVs can drive energy security -Himani Jain and Vaibhav Pratap Singh

-The Hindu Business Line Limited charging infrastructure, lack of interoperability services and inadequate access to affordable finance must be addressed Russia’s war on Ukraine has had a devastating impact on the global economy. It has triggered an unprecedented energy crisis as prices of commodities such as coal, natural gas and crude oil have skyrocketed. With oil above $100 a barrel, policymakers in the country are faced with two questions: How to keep...

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