India's falling tea exports can be attributed to multiple factors, such as a dip in production leading to a surge in prices, making the commodity internationally uncompetitive, and blending.
Tea imports from Nepal rose by over 60% last year and this year, till June, it crossed over 50%. Growers say only solution is banning the sale of loose Darjeeling tea.
Industry says manufacturers have 2-4 weeks of buffer stocks, but prolonged disruption could push up shortage risks, especially of consumables like IV and syringes.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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