India: Coal Imports Surge on Domestic Short-Supply

Shortage of thermal coal supply in India has pushed imports up to 85 million tonnes (mt) in the first half of the current fiscal compared to 75 mt logged in the same period last year. In fact, imports by non-regulated sectors such as cement, aluminium and steel accounted for about 68 per cent of the
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NEW DELHI: Naphtha, shrimps and cotton yarn are among about 200 export items from India for which tariff concessions can be sought from China under the Asia-Pacific Trade Agreement and the Regional Comprehensive Economic Partnership. China has granted deeper duty cuts to India’s competitors including Peru, Pakistan, Australia, South Korea and ASEAN in free-trade agreements
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COCHIN: The Union Minister for Shipping, Road Transport & Highways, Water Resources, River Development & Ganga Rejuvenation  Shri Nitin Gadkari and Kerala Chief Minister Shri Pinarayi Vijayan laid the foundation for India’s largest Dry Dock at Cochin Shipyard in Kerala.  The Dry Dock will give an impetus to “Make in India” initiative under Sagarmala and
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PUNE: Indian sugar mills have traded 8.3 lakh tonnes of sugar, if the 50 lakh tonne that they have to export during 2018-19 sugar season with Uttar Pradesh accounting for more than half of the contacts, said traders at a conference organised by All India Sugar Trades Association (AISTA). Most of the 8.3 lakh tonnes
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NEW DELHI: Commerce and Industry Minister Suresh Prabhu has said India and the US have exchanged offers for a possible trade deal with a view to resolving issues related to bilateral commerce. “The negotiations are ongoing. Of course, at this stage they have given an offer and we have also given a counter-offer and we
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TOKYO: India is going through a massive transformative phase and international agencies say the Country will drive the growth of the global economy in the coming decade, Prime Minister Narendra Modi said recently as he invited the Indian community in Japan to contribute actively in building a “new India”. The PM was in Japan to
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Inland Waterways Authority of India (IWAI) will transport container cargo belonging to the food and beverage giant PepsiCo (India) from Kolkata to Varanasi on river Ganga (National Waterway-1) on 30 October 2018. This would be the country’s first container movement on inland vessel post-independence, and a milestone moment in the history of India’s IWT sector.
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India and the US have had series of talks for a possible trade deal to resolve issues related to bilateral commerce, said the Commerce and Industry Minister, Mr Suresh Prabhu. “The negotiations are ongoing,” he said. “Of course, at this stage they have given an offer and we have also given a counter-offer and we
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Cochin Shipyard Ltd (CSL), the largest public sector shipyard in India in terms of dock capacity, has set the course to construct a larger and more dynamic drydock. The new dock will have a length of 310 m and is a stepped dock with a width of 75 m at the wider part and 60
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The Indian National Shipowners’ Association (INSA) has written to the Prime Minister seeking reversal of a recent decision of the Shipping Ministry to allow PSU oil companies to buy 35 per cent of crude imports on CIF/CFR basis. It believes that such a decision will lead to an outflow of $771 million (₹5,685 crore) to
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