"Those that think that the market-led system is perfect are living in a dream... There is need for an optimal combination of around 70 per cent of market and 30 per cent state influence" - Ashok Gulati, Chairman Commission for Agricultural Costs and Prices, Ministry of Agriculture, in conversation with Ajay Jakhar and Paranjoy Guha Thakurta.

The empowered group of ministers (EGoM) expected to meet on Monday is expected to take a view on an agriculture ministry proposal to export wheat and rice.

The proposal is not backed by the food ministry, which wants to take into consideration the interest of consumers, and its own compulsions under the proposed food security bill, before moving on exports under an open general licence.

Despite ban on exports, state

Pawar may have a point as grain stocks stand at 44mt and wheat prices stay below . 1,170/q MSP

Sharp differences between the key ministries over wheat exports came out in the open with food minister K V Thomas ruling out the decision firmly on the contention that it could boost prices at home at a time of high food inflation.

"We are against wheat exports.

New Delhi Seafood exports during the last financial year have crossed the $2.67-billion mark mainly due to rise in demand from the US, Marine Exports Product Development Authority (MPEDA), sources said.

Exports to US registered a remarkable growth of 104 % in dollar realisation and 47% in terms of volume, while the total exports increased by 10.96 % in volume, 20.42 % in value (rupee ) and 25.5

Petrol, diesel exports to fuel-starved neighbour will open up new markets for RIL, Essar refineries

The thaw in relations between India and Pakistan, which started with cricket diplomacy at Mohali last month, could soon see India exporting petroleum products to its neighbour.

India, which has surplus refining capacity, has agreed to export fuels such as petrol and diesel to Pakistan to h

The Yeddyurappa government which is under attack from several quarters on the illegal mining issue, on Thursday took a tough stance in its affidavit filed in response to the Supreme Court appointed Central Empowered Committee (CEC) and the Lokayukta

Minister says the country has huge grain stocks and global prices are favourable
India should allow exports of wheat and rice as the country has huge grain stocks and global prices are favourable, Agriculture Minister Sharad Pawar said on Wednesday.

Pawar's remarks came a day after India forecast normal monsoon rains which could boost farm output and encourage exports, though concerns over per

Although the Supreme Court has lifted the ban on iron ore exports from Karnataka, mining firms in the state may not be able to clear the huge pile of ore immediately due to the price crash, high export duty and issues at the port.

New Delhi: Supreme Court on Tuesday said that the ban on the export and transportation of iron ore in Karnataka will be revoked from April 20.

The apex court bench of Justice R V Raveendran and Justice A K Patnaik passed the interim order after it was told that the Karnataka Prevention of Illegal Mining, Transportation and Storage of Minerals Rules for regulating iron ore mining and transpo

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