-The Telegraph Customs accused of blocking grain’s movement on premise of Export bar Malda/ Cooch Behar: Hundreds of trucks laden with around four lakh tonnes of wheat meant for Export to Bangladesh have been stuck at land ports in Bengal for at least three weeks as customs authorities are allegedly refusing their onward journey. The Exporters are worried that delay in the transportation of the wheat will cause them losses of crores of...

-The Hindu Exports rose 15.5% in May while imports surged 56.1% to stay above $60 bn for third month India’s merchandise trade deficit widened to a monthly record of $23.33 billion in May, as Exports grew 15.5% to $37.3 billion while imports jumped 56.1% to $60.62 billion, as per preliminary data from the Commerce and Industry Ministry. The previous highest monthly trade deficit was last November’s $22.91 billion. Goods Exports shrank 7.2% from...

-Factly.in The Government of India recently imposed restrictions on Wheat Exports, in a bid to control rising food prices, ensuring domestic food security. However, this comes after India’s record Exports of both Rice & Wheat in 2021-22 putting the Export targets for 2022-23 in jeopardy. The Government of India recently imposed restrictions on Wheat Exports. Among the reasons cited for the imposition of these restrictions are the controlling rising food prices, ensuring...

-Business Standard Since wheat Export was banned on May 13, the government has been cracking down on Exporters who are waiting to have their orders cleared on the basis of invalid LCs Serving a warning to unscrupulous wheat Exporters, the government on Monday said if after a probe it was found they had issued post-dated letters of credit (LCs), they would be proceeded against under the Foreign Trade Act. It can take help...

-Scroll.in A global wheat crisis has made the world pay attention to India’s scorching temperatures. But more needs to be done to make agriculture climate resilient. India experienced its hottest March this year since the Indian Meteorological Department started recording weather data in 1901. April was no better: the heatwave continued and 14 weather stations breached their previously registered highest temperature records. The heatwave made global headlines since it scorched the wheat crop...