Import Relief

Lower palm oil tariffs may not lower domestic prices

New Delhi: The reduction in import duties on crude and refined palm oil until September 30, a measure aimed at reducing the spike in edible oil prices in the domestic market, is expected to have a limited effect on prices, the companies said. On Tuesday, the government announced several measures …

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Pakistan’s economy in growth mode: Baqir from SBP

ISLAMABAD: Pakistan State Bank Governor Dr Reza Baqir said Pakistan was getting positive signs of economic recovery and hoped the country would not revert to the International Monetary Fund (IMF) program for a plan safety. “The Pakistani economy has recovered and we are in growth mode,” SBP Governor Dr Reza …

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Global Price Watch: May 2021 Price (June 30, 2021) – Worldwide

In West Africa, market supply continued to decline seasonally in May, remaining below average in several countries. Coarse grain prices in Sahelian countries remained stable but above average due to below average supply. Currency depreciation, COVID-19 transaction costs and above-average demand are putting upward pressure on rice prices, especially in …

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PM Modi’s industrial policy is there

The government may be on the right track to increase industry’s share of GDP contribution. He just needs to become more flexible and daring. The economic policies of the Narendra Modi government have been an interesting mix of orthodoxy and heterodoxy over the past seven years. When it comes to …

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Venezuelan opposition goes to Washington

Venezuelan opposition leaders met with U.S. Senator Rick Scott of Florida on Wednesday to discuss the Venezuelan crisis. Courtesy Venezuelan opposition leaders meeting with officials in the Biden administration this week discussed whether the Latin American nation could get US sanctions relief in return for guarantees of free elections in …

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