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Apr 15, 2014

India 2013/14 sugar export deals total 1.4 mln T, may miss target

NEW DELHI, April 15 (Reuters) – India has sealed deals to
export 1.4 million tonnes of sugar so far in the season that
began in October but is likely to miss its target of selling 2
million tonnes on the world market, an industry body chief said
on Tuesday.

Export deals have ground to a halt of late because of a
sharp rise in local prices, after a long spell of free-fall, and
unattractive global rates.

Apr 14, 2014

India to expand irrigation to cut reliance on monsoon

NEW DELHI (Reuters) – India plans to expand its farmland under irrigation by at least a tenth in the next three years, potentially boosting grains output by an equal proportion in the world’s second-biggest rice and wheat producer, a top government official told Reuters.

The extra irrigated area would cut India’s dependence on annual monsoon rains that water crops grown on nearly half of the country’s farmlands. Rice, cane, corn, cotton and soybean are the main monsoon crops.

Apr 14, 2014

India to expand irrigation by a tenth to cut monsoon reliance

NEW DELHI, April 14 (Reuters) – India plans to expand its
farmland under irrigation by at least a tenth in the next three
years, potentially boosting grains output by an equal proportion
in the world’s second-biggest rice and wheat producer, a top
government official told Reuters.

The extra irrigated area would cut India’s dependence on
annual monsoon rains that water crops grown on nearly half of
the country’s farmlands. Rice, cane, corn, cotton and soybean
are the main monsoon crops.

Feb 24, 2014

India likely to export 18 mln tonnes rice, wheat in 2013/14 – govt adviser

NEW DELHI, Feb 24 (Reuters) – India is likely to export
about 18 million tonnes of rice and wheat in 2013/14, the
government’s adviser on farm prices said, as the world’s
second-biggest producer of these grains looks for ways to handle
another record crop.

Ashok Gulati also suggested India should release 15-20
million tonnes of the grains for open market sales to cut
massive mounds of stocks and help ease food inflation.

Jan 16, 2014

India set to allow more wheat exports as record crop eyed

NEW DELHI, Jan 16 (Reuters) – India is likely to soon permit
more wheat exports as the world’s second-biggest producer of the
grain looks set to harvest a record crop this year, government
sources said, swelling stockpiles in an oversupplied world
market.

The South Asian nation is extremely cautious about allowing
exports of wheat, a staple for its 1.2 billion population, and
lifted a four-year-old ban on shipments in 2011 by allowing only
private traders to sell on the world market.

Jan 9, 2014

India strikes season’s first wheat export deal at $270/T

NEW DELHI, Jan 9 (Reuters) – Indian traders have sealed the
first export deal for new season wheat at $270 per tonne
free-on-board for shipments during April and May, trade sources
said on Thursday.

“The first deal has been struck for 25,000 tonnes from
Gujarat,” one of the traders said, referring to the western
Indian state.

Dec 31, 2013

India to boost raw sugar exports, mills to get production support

MUMBAI/NEW DELHI, Dec 31 (Reuters) – India could soon boost
exports of raw sugar at the expense of top suppliers Brazil and
Thailand as the government looks likely to give cash-strapped
mills financial help for production so they can pay farmers.

India’s mills traditionally produce white sugar but a global
glut has made exports difficult. A rise in sugar refining
capacity in Asia and Africa has now given the country an
opportunity to export raws.

Dec 19, 2013

Indonesia’s sugar demand may absorb excess supply; India helps millers

SINGAPORE/NEW DELHI, Dec 19 (Reuters) – Indonesia’s demand
for raw sugar could help absorb excess supply in the global
market that has sent prices to multi-year lows, as
second-largest producer India moves to help ailing millers.

New York sugar futures have fallen by more than half since
early 2011 as supply outstrips demand, forcing key producers to
work extra hard to find buyers. India, also the world’s top
consumer, is struggling to sell its sugar.

Dec 8, 2013

Anti-corruption crusader Kejriwal stuns Indian politics with election surge

NEW DELHI (Reuters) – Some of the biggest celebrations of state election results in Delhi on Sunday were not for the winners, but for a brand-new anti-graft party that stormed India’s establishment to win a close second place.

Hundreds of activists wearing boat-shaped “Gandhi hats” bearing the slogan, “I am a common man”, gathered at the party’s modest headquarters, cheering and waving brooms in the air to symbolise a clean-out of rotten politicians.

Dec 8, 2013

Anti-corruption crusader stuns Indian politics with election surge

NEW DELHI (Reuters) – Some of the biggest celebrations of state election results in Delhi on Sunday were not for the winners, but for a brand-new anti-graft party that stormed India’s establishment to win a close second place.

Hundreds of activists wearing boat-shaped “Gandhi hats” bearing the slogan, “I am a common man”, gathered at the party’s modest headquarters, cheering and waving brooms in the air to symbolize a clean-out of rotten politicians.

    • About Mayank

      "At Reuters, I have been covering India's vibrant and burgeoning commodities market since September 2006. Before joining Reuters, I helped NEWSWIRE18 (formerly CRISIL MarketWire), India's first and only real-time news agency, launch its commodity wire. NW18 is part of India's Network18 group which runs CNBC news channel. Between 2000 and 2005, I covered leading car and consumer durable companies for the Press Trust of India, the country's premier news agency."
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