India has been asked basic questions such as why it hasn’t yet notified WTO of the decisions, why adequate notice wasn’t given, how long restrictions will be in place & why they were needed.
Following requests, India would allow exports to Indonesia, Senegal and Gambia in 2023-24. It also approved request from Nepal and allowed exports in current financial year.
Experts believe prices are likely to go down as harvest season approaches & assert that government must release strategic reserve in open market to enhance supply.
Modi govt had in May put restrictions on wheat exports. However, these didn't apply to consignments registered before 13 May & to requests for meeting food security demands.
A 55,000-tonne consignment of Indian wheat sold to a Dutch firm named ETG Commodities, which further approached a Turkish buyer, has become something of a mystery.
German agriculture minister Cem Ozdemir said imposing export restrictions or closing markets would worsen the crisis. Actually, the opposite might be true.
New CPI series will take 2024 as base year, will provide more accurate measure of inflation, spending on digital services. Expected to enhance representation and reliability, says Saurabh Garg.
The agreement, signed after meeting between Rajnath and US Secretary of War Pete Hegseth on sidelines of ADMM-Plus in Kuala Lumpur, aims to deepen bilateral ties in the critical sector.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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