Business

New Delhi, Sep 8 (PTI) The government on Thursday imposed a 20 per cent export duty on non-Basmati rice except for parboiled rice to boost domestic supplies amid a fall in area under the paddy crop in the current Kharif season.

According to a notification by the revenue department, an export duty of 20 per cent has been imposed on 'rice in husk (paddy or rough)' and 'husked (brown) rice'.

08 Sep 2022; MEMO: Turkish President, Tayyip Erdogan, said on Thursday he wanted grain from Russia to be exported, too, adding Vladimir Putin was right to complain that grain from Ukraine under an UN-backed deal was going to wealthy rather than poor countries, Reuters reports.

The grain-export agreement aimed to avert a global food crisis by guaranteeing the safe passage of ships in and out of Ukrainian ports, allowing them to export tens of millions of tonnes of grain that had been blockaded by Russia's invasion.

08 Sep 2022; MEMO: The former defence minister of Greece, Evangelos Apostolakis, has urged that warnings from Turkish President Recep Tayyip Erdogan should be taken seriously. Apostolakis, who served previously as chief of staff, said during a television interview that Erdogan got across the message that Turkiye is serious about its threats.

09 Sep 2022; MEMO: The Arab League states have a "lack of understanding" of regional developments and "what is going on in the region", the spokesperson of Iran's Ministry of Foreign Affairs said yesterday.

Nasser Kanaani was responding to a statement released by the Arab League foreign ministers following their meeting earlier this week in which they criticised the Islamic Republic for interfering in the internal affairs of Arab states.

09 Sep 2022; MEMO: The new Russian Ambassador to Algeria, Valerian Shuvaev, revealed the possibility that Algerian President Abdelmadjid Tebboune will visit the Russian capital, Moscow, before the end of the year.

Kanpur: Preparations have begun to shut down 52 illegally settled leather industries near Chakeri Airport here.

The Air Force had objected that the number of birds was increasing due to the leather industries, which could affect the air services.

DM Visakh Ji held a meeting with various departments and ordered the Pollution Control Board to investigate.

In the investigation, it was found that industries started setting up there without environmental clearance.

07 Sep 2022; MEMO: The European Union opened an office in Qatar on Wednesday, in a sign of the Gulf State's growing influence in solving the international energy crisis, local Qatari media reports.

According to the report, EU Council President, Charles Michel, was to meet the Emir of Qatar, Sheikh Tamim bin Hamad Al-Thani, and other top officials in Doha later in the day.

08 Sep 2022; MEMO: Iran's Foreign Minister Hossein Amir Abdollahian has affirmed that his country "will not cross its red lines at the nuclear level." The minister's confirmation follows accusations by the International Atomic Energy Agency (IAEA) that "Iran's stockpile of enriched uranium exceeds 19 times the permissible limit." The agency said that it is not in a position to confirm that Iran's nuclear programme is exclusively peaceful.

New Delhi, Sep 7 (PTI) Subdued demand from developed countries and blocs like the US and EU is impacting exports of key sectors including engineering, gems and jewellery and may have implications on India's exports in case the global situation does not improve in coming months.

Global inflation, Russia-Ukraine war, simmering China-Taiwan crisis and supply disruptions are hurting economic growth worldwide, leading to poor demand, experts say.

06 Sep 2022; MEMO: Qatari telecommunications company, Ooredoo, plans to sell its Myanmar operations to Singapore-headquartered technology firm, The One Matrix Ventures (TOMV), according to three people with direct knowledge of the matter, Reuters reports.

According to the report, TOMV is in talks with several potential partners in Myanmar to join the deal to help secure regulatory approval, without providing further details.