BANKA, India (Reuters) – Indian Prime Minister Narendra Modi is on the campaign trail in a state election that could define the rest of his term, promising jobs and development in one of the country’s most backward areas, while his right-wing party pushes a Hindu agenda.
Braving the scorching sun, thousands of men and women clad in bright shirts and saris trudged miles to Modi’s campaign rally last week in the state of Bihar. Voting to the legislature there will start on Monday and the result will be out on Nov. 8.
NEW DELHI/MUMBAI (Reuters) – India announced new rules on Friday making it compulsory for sugar producers to ramp up exports to at least 4 million tonnes in the forthcoming crushing season, to cut stockpiles as the country is set to produce a surplus for a sixth straight year.
India is the world’s biggest sugar producer after Brazil and much higher exports would help clear huge sugarcane dues to farmers. But it would also add to a global glut and could further depress prices, which are languishing at seven-year lows.
NEW DELHI, Sept 18 (Reuters) – India has raised import taxes
on crude and refined vegetable oils by 5 percentage points,
government and trade sources said, as the world’s largest buyer
seeks to curb surging supplies from Malaysia and Indonesia.
The cost of the edible oils imports are expected to rise
about 40 percent to $14 billion this fiscal year from about $10
billion, driving several Indian mills out of business and
forcing some farmers to switch to crops other than oilseeds such
NEW DELHI, Sept 17 (Reuters) – A second consecutive drought
could keep India’s oilseeds output steady despite a rise in
vegetable oil consumption, driving up its annual edible oil
import bill by 14 percent to about $14 billion, a leading
industry body said on Thursday.
India, the world’s biggest buyer of the cooking ingredient,
has suffered back-to-back drought years for the fourth time in
over a century, raising fears about farm output, especially of
edible oils, the third-biggest import item after crude oil and
NEW DELHI, Sept 16 (Reuters) – India’s soybean yields are
likely to drop this year as the first back-to-back drought in
three decades wilts crops, offseting an increase in the area
under cultivation and keeping output of the oilseed steady near
year-ago levels, industry sources said.
In the absence of higher oilseed output, India could be
forced to import more vegetable oils to meet growing domestic
needs. The country is already the world’s No.1 buyer of edible
oils, with palm oil from top producers Indonesia and Malaysia
accounting for most of the arrivals.
NEW DELHI (Reuters) – India’s summer-sown corn output is likely to drop more than 15 percent this year as the first back-to-back drought in three decades wilts crops and forces farmers to let land lie fallow, trade and industry officials said.
Lower output in the main exporter of corn to Southeast Asia, at a time when the world is flush with Latin American and U.S. supplies, should help underpin global prices of the grain that recently hit a 10-month low of $3.46-1/2 per bushel.
NEW DELHI/BAMNOLI, India (Reuters) – India has just suffered back-to-back drought years for only the fourth time in over a century, summer crops are wilting and reservoir water levels are at their lowest in at least a decade for the time of year.
Yet Prime Minister Narendra Modi’s government has not held a high-level meeting to discuss drought relief for farmers since June, when its weather office forecast – correctly as it turned out – that this year’s monsoon rains would fall short.
NEW DELHI, Sept 4, (Reuters) – India could save about $1.8
billion on fertilizer subsidies this year thanks to low energy
prices but Prime Minister Narendra Modi’s government, two
sources said, has no plans to remove price controls, a reform
that would risk of angering farmers.
Industry groups had hoped that the reform-minded Modi would
use the opportunity presented by lower prices to free up the
fertilizer market, as he did with diesel a year ago.
SANKROD, India (Reuters) – A village council in Uttar Pradesh has denied allegations that it ordered two young sisters to be raped because their brother eloped with a higher caste woman.
The council’s purported ruling led to an international outcry and hundreds of thousands of people have demanded their safety.
SANKROD, India (Reuters) – A village council in northern India has denied allegations that it ordered two young sisters to be raped because their brother eloped with a higher caste woman. The council’s purported ruling led to an international outcry and hundreds of thousands of people have demanded their safety.
Now, members of the village council in the Baghpat region of northern India have told Reuters they passed no such order. Family members of the two sisters also told Reuters they are unsure if the ruling was made. And local police deny any such directive was given.