PANAJI The River Fleet Shipping Division of Vedanta Iron and Steel Ltd. (VISL), a leading ferrous resource company with operations spanning across India & Africa, was felicitated by Mormugao Port Authority (MPA) at the MPA Excellence Awards 2026 for handling the highest tonnage of cargo by an exporter during Financial Year 2025–2026. The recognition was...Read More
New Delhi: In a further tightening of import norms for silver, the government on Tuesday mandated that imports be routed through RBI-nominated agencies, Directorate General of Foreign Trade-approved entities and qualified jewellers authorised by the IFSCA via the India International Bullion Exchange against a valid import authorisation. The import authorisation will be issued by the...Read More
Chinese import-side mirror data, which capture how China records imports from Canada, point to a larger Canadian-origin goods footprint — and a more complex bilateral trade relationship than headline export figures imply. In fact, the Canada–China goods relationship looks quite different when viewed through Chinese import-side mirror data. As leaders from both sides continue to...Read More
Dry fruit prices in India could rise 20–30% ahead of Diwali this year, 2026, as the West Asia conflict disrupts supplies from key exporting countries such as Iran and Afghanistan, according to Rajeev Pabreja, MD of Commodity Trading Corporation. Pabreja said soaring freight costs, delays in shipments and a stronger dollar are sharply increasing import...Read More
US crude oil exports surged to an all-time high of 5.6 million barrels per day (mmbbl/d) in May, as Asian and European refiners increased purchases to offset supply disruptions triggered by the war between the US and Israel against Iran. Ship-tracking data from analytics firm Kpler showed exports surpassing the previous record of 5.2 mmbbl/d...Read More
Jun 2, 2026 Australia posted its first trade shortfall since the final three months of 2017, the Australian Bureau of Statistics (ABS) reported on Tuesday. The nation’s current account balance swung to a negative $27.1 billion in the three months to March 2026, based on seasonally adjusted current-price figures. Export weakness and import strength Jonathon...Read More
Australia’s cherry industry has delivered a strong 2025/26 season, with premium fruit quality and growing export demand driving higher returns and reinforcing Australia’s position in key international markets. By the end of the season in February 2026, cherry exports reached 4,950 tonnes valued at A$110mn, up 13 per cent in volume and 22 per cent in value year on...Read More
Pune: India’s decision to suspend 11% import duty on cotton until October has triggered an immediate reversal in the fibre’s rally, with cotton bale and yarn prices falling by up to 3% on Monday. Rates are expected to slide by another 1-2% in the next few days, curbing a surge that had lifted cotton prices...Read More
Key Highlights India-Oman CEPA comes into force. Duty-free access for several Indian agricultural products. India already holds 17.8% share in Oman’s agricultural imports. Agricultural exports to Oman reached USD 552.85 million in 2025. APEDA product exports grew to USD 477 million. Basmati rice, cashew, honey, butter and sweet biscuits among key beneficiaries. Alphonso, Kesar and...Read More
India could import around 35-40 lakh bales of cotton during the temporary duty-free window announced by the government, according to Siddhartha Rajagopal, ED, The Cotton Textiles Export Promotion Council (TEXPROCIL), as the textile industry looks to address domestic supply shortages and reduce raw material costs. The government has removed the 11% import duty on cotton...Read More
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