After setting a record in FY25, India’s pulse imports dropped sharply in the current fiscal year, trade sources said, citing adequate carry-forward stocks and robust domestic crop production. According to provisional data, the country imported pulses valued at $2.97 billion during the first ten months of FY26, a 35% drop compared to the $4.6 billion imported...Read More

India’s revised fuel tax framework, effective March 26, imposes export duties on diesel and aviation turbine fuel (ATF), leaving petrol exports exempt. Analysts point to the uncertainty surrounding Reliance Industries’ SEZ refinery’s exemption from these duties as a pivotal factor affecting refining margins and government revenues. The new export levies are set at Rs...Read More

Modi spoke at the Jewar airport inauguration What’s the story Prime Minister Narendra Modi has lauded India’s ethanol blending policy for reducing its dependence on imported crude oil. Speaking at the inauguration of the Noida International Airport in Jewar, he thanked sugarcane farmers in Western Uttar Pradesh for their contribution. “Had it not been for...Read More

India’s overall exports, merchandise and services combined, increased by 13.17 percent year-on-year to 80.45 billion dollars in January this year compared with 71.09 billion dollars in January last year. According to data released by the Commerce Ministry, overall imports during the month grew at a faster pace of 18.76 per cent, rising to 90.83 billion...Read More

NOIDA: PM Modi inaugurated Noida International Airport in Jewar on Saturday, and dwelled at length on energy supply turbulence precipitated by the West Asia conflict, underlining ethanol blending as a key strategy to reduce dependence on crude oil imports.Modi said that the country would have had to import an additional 4.5 crore barrels of crude...Read More