-Livemint.com India’s wheat export proscription was the first signal of awareness that moves on many fronts are needed for inflation control The Indian export ban on wheat in mid-May drew much negative attention. For the record, it is a ban on private sector wheat exports, and leaves open government-to-government contracts. The widespread criticism of the ban was misplaced in my opinion. Private wheat Traders had responded exuberantly to the global demand for wheat...

-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...

-The Tribune With policy-backing, subsidies and availability of easy credit, farmers are being pushed to buy more machines. Punjab has five times more tractors than required. As more technological gadgets and machines are promoted, farmers are increasingly sucked into a debt cycle, while equipment manufacturers are laughing all the way to the bank. At a time when farmers across the world are struggling to recover their cost of production, an Oxfam report...

-Business Standard Turkey's decision comes at a time when international buyers have been looking to secure supplies of wheat Turkish authorities have denied permission to Indian wheat consignment over phytosanitary concerns, prompting a ship to initiate its return journey on May 29, Traders were quoted as saying by S&P Global Commodity Insights on Tuesday. According to S&P Global Commodity Insights report, the MV Ince Akdeniz loaded with 56,877 tonnes of durum wheat is...