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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102144) | |
23131. PM Modi suggests state-specific export strategy; reviews projects worth Rs 1.41 lakh crore
- Prime Minister Narendra Modi asked states to develop a state-specific export strategy and reviewed development projects worth Rs 1.41 lakh crore spread across 10 states and union territories
- Reforms are beneficial only when one performs and this is the way forward to transform the country, Modi said as he chaired the meeting of PRAGATI -- an ICT-based multi-modal platform for Pro-Active Governance and and Timely Implementation involving central and state governments.
- In the previous 32 such meetings, a total of 275 projects worth Rs 12.5 lakh crore have been reviewed, along with 47 programmes/schemes and grievances across 17 sectors that were taken up.
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23132. India's palm oil imports set to jump as tax cut lures refiners
- India's palm oil imports set to jump as tax cut lures refiners Higher imports by India, the world's biggest buyer of palm oil, will support benchmark Malaysian palm oil prices that hit their highest level in eight years this month, but could weigh on U.S. soyoil futures.
- India slashed import tax on crude palm oil (CPO) to 27.5% from 37.5% as it tries to curb rising food prices.
- India's imports of palm oil are set to rise by as much as 100,000 tonnes a month from December after the government slashed import tax on the tropical oil, making it cheaper than rival edible oils, industry officials said.
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23133. Steel import duty hike wins support
- Mismatch in demand and supply because of a failure to start operation of 14 mines in Odisha which were auctioned in February
- A China-induced spike in iron ore prices has disrupted the steel sector, a situation made worse by the parity in the import and domestic price of steel that will necessitate a hike in import duties to protect the industry, analysts said.
- Iron ore exports have surged 70.3 per cent to 29.2 million tonnes (mt) in the first half of the current fiscal compared with the corresponding period a year ago. As much as 27 million tonnes of iron ore were shipped to China which are the highest level seen since 2011-12.
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23134. November month's Maruti Suzuki Sales data| मारुति की बिक्री 1.7 फीसदी बढ़ी, निर्यात में हुई 29.7 फीसदी की बढ़ोतरी
- मारुति सुजुकी ने नवंबर माह के बिक्री और निर्यात के आंकड़े जारी कर दिए हैं. दोनों में काफी बढ़त दर्ज की गई है. नवंबर माह में कंपनी की बिक्री 1.53 लाख यूनिट रही है, जो आंकड़े अनुमान से कम रहे हैं.
- नवंबर में मारुति की कुल बिक्री सालाना आधार पर 1.7 फीसदी बढ़कर 1.53 लाख यूनिट रही है, जो पिछले साल के नवंबर माह में 1.51 लाख यूनिट रही थी.
- नवंबर में मारुति की कुल घरेलू बिक्री सालाना आधार पर 0.4 फीसदी बढ़कर 1.44 लाख यूनिट रही है, जो पिछले साल के नवंबर माह में 1.43 लाख यूनिट रही थी.
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23135. ‘Soyabean oil from Nepal affecting farmers, refiners’
- The Solvent Extractors’ Association (SEA) of India said that there has been an influx of soybean oil from Nepal into India hurting domestic refiners and farmers, and leading to the loss of revenue to the government.
- It has also requested the government to take immediate steps to regulate inflow of refined edible oils in the country.
- It said that the current import duty on refined palmolein and on soya refined is 45 per cent plus Swachh Bharat Cess at 10 per cent. This means at current values, the government is losing around ₹35,000 per tonne on refined soybean oil, and around ₹30,000 per tonne on palmolein oil coming via Nepal.
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23136. BoAt becomes fifth-largest global wearable device company by shipment: IDC report
- The third-quarter report from IDC titled the ‘Worldwide Quarterly Wearable Device Tracker’ shows that Delhi-based boAT is only behind Apple, Xioami, Huawei, and Samsung.
- The report added that boAt focuses solely on the Indian market (a rapidly growing market for wearables), and primarily sells hearables.
- Post-lockdown in India, the company has benefitted from a strong marketing campaign and tie-ins with local cricket teams. While ambitions remain strong for the company, it lacks the global presence and supply chain of its many competitors.
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23137. तीस साल में पहली बार भारत से चावल खरीदेगा चीन, भारतीय कारोबारियों को मिला 1 लाख टन का ऑर्डर
- पिछले तीन दशक में पहली बार चीन ने भारत से चावल की खरीद शुरू की है. इंडियन इंडस्ट्री ऑफिशियल्स के मुताबिक चीन ने यह खरीद सख्त आपूर्ति और भारत की तरफ से जबरदस्त डिस्काउंटेड ऑफर पर चावल मिलने के कारण शुरू किया है. भारत दुनिया भर में चावल का सबसे बड़ा निर्यातक है और चीन सबसे बड़ा आयातक है.
- चीन हर साल 40 लाख टन चावल का आयात करता है. इतनी अधिक मात्रा में चावल के आयात के बावजूद उसने क्वालिटी इशूज को लेकर पिछले तीन दशक में भारत से आयात नहीं किया.
- भारतीय कारोबारियों को दिसंबर से फरवरी के बीच शिपमेंट्स के लिए चीन से 1 लाख टन टूटे चावल के निर्यात का ऑर्डर मिला है. इंडस्ट्री ऑफिशियल्स के मुताबिक ये चावल 300 डॉलर (22,132.60 रुपये) प्रति टन के भाव से चीन को निर्यात किए जाएंगे.
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23138. नए अमेरिकी प्रशासन के तहत भारत फिर से ईरान, वेनेजुएला से ले सकता है तेल
- India, the world's biggest rice exporter, is offering a steep discount to supplies from rivals Thailand and Vietnam to cut its surplus
- Bangladesh, the world's third-biggest rice producer with an output of almost 35 million tonnes a year, relies on imports from time to time to cope with shortages
- Bangladesh is finalising a purchase of 150,000 tonnes of rice from India's NAFED, the New Delhi-based state agency told Reuters, in what would be the first such bilateral deal in three years after floods in Bangladesh sent local prices to a record high.
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23139. Contract to export 2,000 tonnes white cumin to India signed
- An Indian Company Jabs International has signed contract with an Afghan Company to import 2,000 tonnes of white cumin worth 308 million afghani from Afghanistan, an official said
- the contract was signed with official of the Jabs International Company in the presence of Afghan Consulate General Zakia Wardak. Afghan Consulate General in Mumbai signed similar agreement with other Indian companies.
- earlier, Jabs International imported white cumin from Pakistan and Syria but as a result of the Afghan Consulate General innovation and exhibition of the product in the expo the company showed interest to import white cumin from Afghanistan.
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23140. India’s maize exports at 6-year high on record imports by Bangladesh
- India’s maize exports have already touched a six-year high this fiscal, with shipments in the April-September period nearly treble of those for the whole of the last fiscal.
- The Agricultural and Processed Food Products Export Development Authority (APEDA) data shows that maize exports in the first half of the fiscal were 9.22 lakh tonnes at a value of $184.52 million compared with 3.70 lakh tonnes worth $142.78 million the whole of the last fiscal.
- exports could have been higher but for container shortage. “We have been shipping 500 to 1,200 tonnes every week to destinations such as Vietnam and Malaysia, Most of these shipments are being done in 20-foot containers which can carry up to 24 tonnes.
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