-Down to Earth Russian invasion of Ukraine sharply altered the dynamics of coal trade, prices, supply and demand patterns India, along with China, is the world’s largest coal producer, consumer and importer. Its own coal production will surpass a billion tonnes by 2025, the annual report of the International Energy Agency (IEA), predicted December 16, 2022. Also, India’s coal consumption has doubled since 2007 at an annual growth rate of 6 per cent....
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Exports rise marginally at 0.6% in November, trade deficit hits 7-month low
-Moneycontrol.com Exports in April-November amounted to $295.26 billion, up 11.1 percent, while imports were 29.5 percent higher at $493.61 billion India's merchandise exports posted a marginal increase in November on a year-on-year basis to $31.99 billion, data released by the commerce ministry on December 15 showed. The rise in exports in November was a mere 0.6 percent. The latest trade numbers come after data released last month showed exports contracted 17 percent in October...
More »WHO Drew Premature Link Between Gambia Child Deaths, Indian Cough Syrups: Drug Regulator
-PTI/ NDTV.com The DCGI said Gambia has informed, according to media, that there has been no direct causal relation established yet between the cough syrup consumption and the deaths. New Delhi: The WHO drew a premature link between the deaths of children in Gambia and the four India-made cough syrups which adversely impacted the image of the country's pharmaceutical products across the globe, India's drug regulator has told the global health body. In...
More »Assamese Gamocha gets Geographical Indication Tag
-SentinelAssam.com This step will be very helpful for weavers of the state who were adversely affected by counterfeit products in the market. GUWAHATI: A long-awaited demand of the people of Assam has been fulfilled as the traditional Gamocha finally gets a GI Tag. Gamocha is an essential part of the Assamese lifestyle and identity. But in recent times, it was noticed that machine-made products from different parts of the country were flooding the...
More »Wholesale inflation crashes to 21-month low of 5.85% in November
-Moneycontrol.com The drop in wholesale inflation comes two days after statistics ministry data showed the more Consumer Price Index (CPI) inflation fell far more than expected to 5.88 percent in November India's wholesale inflation fell to a 21-month low of 5.85 percent in November, according to data released by the commerce ministry on December 14. At 5.85 percent, the latest Wholesale Price Index (WPI) inflation figure is a huge 470 basis points lower...
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