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India’s coal production to surpass a billion tonnes by 2025: IEA annual report

-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...

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Why are India’s slowing exports a cause for concern? -K Bharat Kumar

-The Hindu How are other export-dominated countries faring? Why is the government optimistic that domestic demand will counter the effects of declining exports? The story so far: India’s exports declined about 16.7% in October compared with the year-earlier period. This is the first slide reported for any month since February 2021. October imports rose at a much milder pace than earlier, most likely because of softening commodity prices worldwide, and Trade deficit...

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India’s Foreign Trade during the Ukraine War -CP Chandrasekhar and Jayati Ghosh

-Networkideas.org The Russian invasion of Ukraine and the subsequent war sparked rapid and dramatic increases in some global Trade prices, particularly for fuel products, wheat and fertilizer for which Russia and Ukraine are major exporters. It is now clear that these price changes were not due to actual changes in total supply, which remained largely unchanged (although source locations and Trade routes shifted). Instead, market expectations amplified by media hype, financial...

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Farmers, Traders demand clarity on new Bill to prevent cruelty against animals

-The Hindu There should be differentiation between pet animals, draught animals, commercial animals for food, animals for performance and entertainment, and zoo animals, says head of Poultry Federation of India As the last date to submit views and opinions on the draft Prevention of Cruelty to Animals (Amendment) Bill ended on December 7, questions have been raised, particularly by poultry farmers and farmers, on the lack of clarity in defining cruelty and...

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