Page 7 - Wheat

DGFT issues RCs for 1.6 mn tonnes wheat export after May 13 ban order

The commerce ministry's arm DGFT has issued registration certificates for about 1.6 million tonne of wheat to exporters having valid letter of credit, after the ban order of May 13, an official said

Egypt contracts to buy 180,000 tonnes of wheat from India: Aly Moselhy

India banned wheat exports in May because of lower domestic production, but made allowances for countries like Egypt with food security needs

India exported 1.8 mn tn wheat to several countries since ban: Food Secy

About 33,000 tonnes of wheat as humanitarian assistance has already been supplied to Afghanistan against the commitment of 50,000 tonne

Wheat exports reach 3 mn tn; govt considering requests from other nations

On plans to ban wheat flour (atta) export, Food Secretary Sudhansu Pandey said the government is monitoring the situation and would take steps at appropriate time.

Plenty of gaps in food inflation control measures, complain industry bodies

They say some measures have spawned malpractices on the part of exporters, others have been partial to a certain section of traders

Bangladesh tries to secure wheat from Russia as India stops exports: Report

The supply deal with Russia, the world's biggest wheat exporter, could help Dhaka in meeting its needs below the elevated global prices, industry officials said.

Mandatory registration on the govt anvil to curb wheat flour exports

Some reports said India usually exported 6,000-8,000 tonnes of wheat flour during April-June per month, and that has climbed to almost 100,000 tonnes because of the ban

Higher margins could push farm exports to FY22 level despite ban: experts

Actual agriculture exports in FY22 were $47.41 billion, up almost 19% over FY21. This was among the highest ever agriculture exports in value terms by India

Top headlines: Govt approves 5G spectrum auction; May trade deficit widens

Business Standard brings you the top headlines on Wednesday

With ban exceptions, India's wheat export forecast to be 7 MT in 2022/23

Exception to India's wheat export ban are expected to support an export forecast of 7 million tonnes in 2022/23, remaining well above India's export average over the past five years

Crackdown on two Mumbai-based entities trying to export wheat on fake LCs

The commerce ministry has tightened the norms for obtaining registration certificates for wheat exports with a view to curbing fraudulent practices such as submission of improper documents by traders.

India could soon allow wheat exports of 1.2 million tonnes: Report

New Delhi banned wheat exports in a surprise move on May 14, but said it would allow overseas shipments backed by already issued letters of credit and to countries that request supplies

Worry over non-tariff trade barriers after Turkey action on Indian wheat

Phytosanitary norms often cited to settle political scores or for vested interest: Experts

Egypt rejects ship carrying Indian wheat originally intended for Turkey

'We rejected the ship before it entered Egypt,' says Egyptian plant quarantine chief Ahmed El Attar

Indian wheat must not be re-exported to 3rd country, says Piyush Goyal

'We want to support less developed, friendly and neighbouring countries to the extent we can'

India in touch with Turkey on wheat consignment rejection: Food Secy

After India banned wheat exports on May 13, the secretary said five-six countries have requested for Indian wheat and the govt has formed a committee to clear the grain for export to such nations

Top headlines: Curbs eased on wheat export ban; Vistara fined Rs 10 lakh

Business Standard brings you the top headlines on Thursday

Good monsoon outlook in India tempers fears of rice export curbs

Rice is the one staple grain helping to keep the world food crisis from getting worse

TMSEp183: PLI challenges, IPL media rights, falling rupee, wheat export ban

Why Chinese investment needed for PLI success? Will IPL viewership fall impact the media rights auction? How to save portfolio against falling rupee? Why did India restrict wheat exports? Answers here

Why did India restrict wheat exports despite big trade plans?

With global wheat supplies impacted, the world turned to India - which promised to fill the void. But domestic compulsions forced it to backtrack. Find out why India slammed a break on wheat export