India set to ban sugar exports for first time in 7 years
India's absence from the world market would be likely to increase benchmark prices, triggering fears of further inflation.
India's absence from the world market would be likely to increase benchmark prices, triggering fears of further inflation.
Many workers are worried that commercial fishing will be adversely affected, as it was in the aftermath of the plant’s triple meltdown in the wake of the 2011 Great East Japan…
A government spokeswoman said that the ban was due to the discovery of passionvine mealybugs, a harmful insect, in mangoes imported from Taiwan this year.
According to a Department of Agriculture spokesman, the Philippine mango is one of the cheapest in the international market, despite being considered the best mango in the world.
Asian countries, where 90 percent of the world’s rice is grown and eaten, are struggling with production.
The cotton has genetic traits taken from a soil-dwelling bacterium that effectively fights bollworm, a caterpillar responsible for damaging cotton yields.
The tightening in global supply should help revive the Southeast Asian nation’s rice shipments, which slumped 56 per cent in the first four months of the fiscal year.
The imports would allow New Delhi to intervene more effectively in the market to drive down wheat prices that stoked inflation to a 15-month high in July.
As the world gets warmer, an increasing number of farmers have shifted to relatively more temperature-resistant tropical fruits.
The ban on wheat exports failed to stop prices from rising, prompting trade and industry officials to suggest that even this year's crop is lower than the government's estimates…