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Russia-Ukraine war hits Indian tea prices -Avijit Sinha

-The Telegraph At the start of current tea season, tea stakeholders had feared if Exports would go down in CIS countries of which Moscow is a part, because of the war Siliguri: The price of Indian teas has seen a dip in Russia and some other countries of the CIS (Commonwealth of Independent States), during the first eight months of the current year, compared to the corresponding period last year. Representatives of the...

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Production-linked incentives: Dole or incentive? -Shwweta Punj

-IndiaToday.in The production-linked incentive scheme has helped boost India's mobile Exports but is yet to show results in some other sectors. Agility and ease of doing business in its implementation will determine its success For over a decade, the share of manufacturing in India’s GDP has remained in the 15-17 per cent range, with various measures by the present and past governments barely helping the needle move. A recent effort to give...

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Rice and wheat stocks dip by 37 per cent -R Suryamurthy

-The Telegraph Monthly economic review of finance ministry says that there is no 'room for complacency on inflation front' The rice and wheat stocks of the central government have shrunk alarmingly by as much as 37 per cent in a year as rising food inflation signals growing shortages in the economy. Wheat and rice stocks in government-owned godowns stood at 511.36 lakh tonnes on October 1, data from the Food Corporation of India...

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Deaths in the Gambia: Cloud over quality of Indian pharma products -PT Jyothi Datta

-The Hindu Business Line Experts say authorities will need to probe and take quick action, in the interest of keeping the faith in medicine Exports from India The death of 66 children in Gambia, potentially-linked to four cough and cold syrups made in India by Maiden Pharmaceuticals, has brought up the quality question, again. How did an allegedly contaminated product slip through the regulatory cracks, casting a long shadow on the Indian...

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Heavy rains in India damage key crops ahead of harvest, threatening to stoke food inflation -Rajendra Jadhav

-Reuters/ThePrint.in State like UP has received 500% more rainfall than normal so far in October. Higher food prices could prompt India to slap additional restrictions on Exports of food commodities. Mumbai: Heavy rainfall in India has damaged key summer-sown crops such as rice, soybean, cotton, pulses and vegetables just before harvesting, which could stoke food inflation in Asia’s third biggest economy, farmers, traders and industry officials said. Higher food prices could prompt New...

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