The ban on sugar exports till September is meant to steady the closing stock at the end of this year’s season. Production has been less than anticipated due to low yield and abnormal weather, and season-end stock projection appears precarious. Sugar output has recovered from last year’s decline. But the recovery was overestimated. Closing sugar...Read More

The government’s move to restrict silver imports is expected to trigger short-term supply concerns, as industry participants anticipate domestic prices could trade at a premium when markets reopen on Monday. Chirag Thakkar, director at Amrapali Gujarat, said if international silver prices remain at Friday’s closing levels, “the Indian spot price may trade at a premium...Read More

Chemical fertilizers in India are heavily subsidized and import-dependent. Their use, over the years, has led to significant deterioration in soil health. To promote soil testing, provide farmers with crop-specific nutrient recommendations, improve soil fertility and optimize fertilizer use, the government launched the Soil Health Card (SHC) scheme in 2015. During its first cycle (2015–17),...Read More

Last Updated:May 17, 2026, 12:13 IST India hikes gold import duty to 15 percent to curb demand and protect forex, CBDT guidelines allow women more tax free gold than men, excess holdings need proof of source Gold import duty hike Gold has now again come into focus after the government hiked the import duty to...Read More

BENGALURU: India’s defence exports have surged to nearly Rs 38,000 crore this year and are expected to cross Rs 50,000 crore soon, signalling the country’s emergence as a major global defence technology powerhouse, according to G Satheesh Reddy, former chairman of DRDO, scientific advisor to raksha mantri and NSA Board advisor. Speaking at ‘PanIIT Bangalore...Read More

India just made it significantly harder to bring silver into the country. A May 16 notification from the Directorate General of Foreign Trade moved most silver imports from “free” to “restricted” status, meaning importers now need a government license to bring bullion across the border. The move came just days after customs duties on precious...Read More