Insights
Asia rice: Some buyers for cheaper India offers, trade muted in other hubs
Despite improved demand coming in from Asia and Africa, prices for India's 5% broken parboiled variety hovered between $525-$535 per metric ton, showing no signs of change for a third straight week.
Europe’s war on carbon goes global as border tax comes into play
The mechanism has already faced pushback from the EU’s major trading partners including Russia and China, who argue that it undermines the principles of free trade.
Charting the global economy: India's household debt climbs, inflation cools in US, Europe
Rising debt payments are eroding the spending power of Indian households and threatening to choke off the funds that fuel the fastest-growing major economy.
How AI will be a gamechanger in transforming global supply chain
Artificial Intelligence is poised to take global supply chain forward bringing more seamless and efficient solutions. It can not only revolutionise information in global supply chain but also help automating various processes.
El Niño is creating fear and mystery this year: Weather Watch
El Nino is causing different kinds of weather patterns across the world, from rising wind shear in the Atlantic and in the Panama, drought has brought trouble for the shipping industry.
UAE, Australia FTAs boost engineering exports, shipments up 9% in April-August period of FY24
India's total engineering exports in April-August period of FY24 fell to $44.62 billion compared to $46.74 billion in April-August period of the previous fiscal.
Scrap availability going to be challenging as 60 nations take measures to ban exports: steel secy
The Indian government has been encouraging and urging domestic players to make efforts in increasing scrap's share in steel manufacturing.
How West Africa can reap more profit from the global chocolate market
The continent of Africa contributes to 70% of the global raw cocoa beans production. However, in the multibillion dollar global chocolate industry, it produces just 1% of the chocolate.
Will the tussle with Canada eat into India’s masur imports plan?
Amid the ongoing India-Canada diplomatic row, traders and dal millers across the country are keeping a close eye on the chain of events.
War forces grain and oil to travel record distances, UN says
The grain shipments traveled much longer distances this year compared to any other year and oil cargoes also traveled the furthest since at least 1999.
Must Watch
Reporter’s diary: Why the Gulf port of Jebel Ali plays a crucial role in India’s trade
In the heart of the desert, Jebel Ali Port stands as a trade bridge between the East and West. For Indian traders, it is a beacon of hope and progress.
Can the US make solar panels? This company thinks so
There is a section of experts who warn that any efforts to manufacture solar panels in the US are misguided. The business yields not so sound profits or employment even in the best of times, they say.
Exports of cut and polished diamonds estimated to decline by 22% in FY2024: ICRA
While the festive season may spur demand in some way in the upcoming months, exports are still expected to contract by 10% year-on-year presenting a grim outlook.
Supply chain hurdles complicate food companies' climate pledges
A sizeable chunk of emissions, in many cases over 90%, are from the supply chains of the companies. Many food companies have paid outside groups to establish medium- and long-term goals to reduce emissions.
The global sugar shortage is about to ease thanks to a corn supply boom
For consumers fighting rampant food inflation, the plunging sugar prices will be a respite. The global sugar shortage had caused prices of the item to rise up to an 11-year-high.
Charting the global economy: World economy is set for a slowdown next year after "subpar" 2023
Fed Chair Jerome Powell made clear Wednesday the central bank is close to done raising interest rates, but his colleagues delivered the message that resonated: Borrowing costs must remain higher for longer amid renewed strength in the economy.
