GST Triggers Consolidation In Warehousing Industry

Times Of India| Aug 18, 2017 A Wave Of Consolidation Is Sweeping Over The Rs 50,000-Crore Warehousing Industry, Thanks To The Goods And Services Tax (GST). The Rollout Of The Tax Reform Measure Could Reduce Total Number Of Warehouses In The Country By At Least 40% In The Coming Months, Top Industry Executives Said… Source: [...]

August 18th, 2017|Uncategorized|

Agriculture Advance Estimate PAgriculture Advance Estimate Pegs Grain Output Higher At 275.68 Mtegs Grain Output Higher At 275.68 Mt

Economic Times| Aug 17, 2017 NEW DELHI: The Government Raised Its Estimate On Food Grain Output For The Crop Year Ended June, With Good Rains Allowing Farmers To Have A Record Harvest Of Wheat, Rice, Coarse Cereals And Pulses. The Agriculture Ministry's Fourth Advance Estimates Of Major Crops Pegged Food Grain Production At 275.68 Million Tonnes, [...]

August 17th, 2017|Uncategorized|

Maharashtra Sugar Mills Seek Damages For Loss Due To Early Crushing

Commodity India| Aug 17, 2017 Private Sugar Mills In Maharashtra Have Urged Ram Vilas Paswan, Union Minister For Food, Consumer Affairs And Public Distribution, For A Compensation Of Rs 500 Per Tonne On Account Of The Loss That Would Be Caused Because Of Lower Recoveries In Sugar Production Following An Early Start To The Season. [...]

August 17th, 2017|Uncategorized|

Indian Logistics Industry To Experience Higher Investments With The Passing Of Industry Tax Reforms And Advances In Technology

Business Wire India| Aug 16, 2017 The Government Of India’s Strong Emphasis On Manufacturing And Initiatives Such As “Make In India” Is Boosting Domestic Production, Which Is Bolstering The Logistics Industry. Logistics Companies Are Making Concerted Efforts To Keep Pace With This Growth In Demand By Digitizing Their Solutions And Offering Online Freight Services... Source: [...]

August 16th, 2017|Uncategorized|

Thermal Coal Imports At Major Ports Dip 17% To 30MT In Apr-Jul

Hellenic Shipping News| August 16, 2017 Thermal And Steam Coal Imports Fell By 17.37 Percent At The Country’s Top 12 Major Ports To 29.82 Million Tonnes (MT) During The April-July Period Of This Fiscal, According To The Indian Ports Association (IPA).These 12 Ports, Under The Control Of The Centre, Had Handled 36.09 MT Of Thermal [...]

August 16th, 2017|Uncategorized|

Imports Of Vegetable Oil Increase 34% In July On Rupee Appreciation

Financial Express| August 15, 2017 The Country Imported 1,524,724 Tonne Of Vegetable Oils In July 2017 As Compared To 1,140,685 Tonne In July 2016, Up By 34%, The Solvent Extractors Association (SEA) Has Said. This Includes 1,489,137 Tonne Of Edible Oils And 35,587 Tonne Of Non-Edible Oils. The Overall Import Of Vegetable Oils During First [...]

August 15th, 2017|Uncategorized|

India Raises Vegetable Oil Import Taxes

Commodity Online| August 14 2017 India, The World’s Biggest Buyer Of Vegetable Oils, Has Raised Import Taxes On Crude And Refined Edible Oils To Protect Local Oilseed Farmers From Cheaper Imports From Top Suppliers Malaysia And Indonesia.The Government Doubled The Import Tax On Crude Palm Oils To 15% And Raised The Import Tax On Refined [...]

August 14th, 2017|Uncategorized|

In Logistics, Warehousing Realty, Investors Find A Store Of Value

The Hindu Businessline| August 14 2017 After Commercial Real Estate, Foreign Investors And Real Estate Players Are Aggressively Pumping Money Into Logistics And Warehousing Realty Signalling A Buoyancy In The Segment.Logistic And Warehousing Demand Is Booming Followed By Growth In Consumer Segment And E-Commerce And Most Investors Are Seeking To Capitalise On The Flavour Of [...]

August 14th, 2017|Uncategorized|

No Plans To Raise Wheat Import Duty: Ram Vilas Paswan

Hellenic Shipping News| August 14, 2017 Consumer Affairs, Food And Public Distribution Minister Ram Vilas Paswan, On Saturday In New Delhi, Said The Government Has No Immediate Plans To Hike Wheat Import Duty From The Existing 10 Percent While Adding That There Are Adequate Supplies In The Domestic Market In View Of The Bumper Crop [...]

August 14th, 2017|Uncategorized|

Getting Agri-Futures Right Is Need Of The Hour; Here’s What Government Needs To Do

Financial Express| August 14, 2017 Even After 70 Years Of Independence, The Marketing System For Agri-Products Remains Unsupportive Of Farmers. They Can’t Discover And Realise The Best Prices Possible For Their Produce Across Space And Time As Markets Are Not Sufficiently Integrated. They Sell In Local Markets Where Prices Go Bust In Case Of Bumper [...]

August 14th, 2017|Uncategorized|