FE Bureau | February 22, 2018 3:12 AM
The US is keen on a broader free trade agreement (FTA) with India, but even before this can materialse, it wants to hike exports of agricultural products such as soybean meal and distiller’s dried grains (DDG) made from corn to India, said visiting under secretary of agriculture Ted A McKinney.
Nanda Kasabe | February 21, 2018 3:35 AM
The weak demand and sluggish trend continue for majority of pulses with tur in Maharashtra declining to Rs 4,400-4,475 a quintal, while tur in Madhya Pradesh ruled at Rs 3,950 per quintal.
FE Bureau | February 21, 2018 3:31 AM
A raft of government measures earlier this month including increase in import duty on raw and white sugar to 100% and restriction on sugar sales by imposition of stockholding limits for February and March have come as a relief for sugar mills and sugarcane farmers alike.
FE Online | February 20, 2018 5:04 PM
After government’s decision to hike import duty and limit sugar sales, profitability of sugar mills is likely to improve and timely payments will reach farmers.
FE Online | February 20, 2018 4:51 PM
India’s oil demand will expand by 120% by 2035, according to BP Energy Outlook and will leave China behind. The data suggest that the demand for oil in India will grow exponentially in coming years and the country will bring largest growth market for oil and oil-related products by 2035.
Rajesh Ravi | February 20, 2018 4:22 AM
Jeera prices are under pressure on reports of higher production and arrivals in the terminal market.
R Ravichandran | February 20, 2018 4:17 AM
The crunch in domestic availability of Carbon Black has reached such an extent that several domestic tyre companies have been forced to take unplanned shutdowns in the recent past for want of this essential raw material.
Sushim Banerjee | February 20, 2018 4:12 AM
2018 is likely to exhibit a more or less sustainable scenario with no major shock as the so-called Chinese juggernaut continues to trudge along a not-so-smooth roadway. The external shocks may originate from steep rise in oil prices, shrinkage in demand in US and EU arising out of strict protective measures and further hike in US interest rates
FE Online | February 19, 2018 5:50 PM
The prices at select mills declined on excess supplies from mills on restricted offtake and prices at other mills soared on better offtake scenario. So, the prices of sugar mill gate traded on a mixed note at the wholesale market in the Delhi region today.
FE Online | February 19, 2018 1:23 PM
Fuel prices in India have continued to fall for the 12th day, finally leading to petrol price in Mumbai to settle below Rs 80 a litre as oil companies have cut prices almost daily on back of lower crude oil prices. Check out petrol and diesel prices in metro cities.
FE Online | February 16, 2018 5:19 PM
Despite government restricting the release of sugar in the market by the sugar mills and imposing import duty, sugar industry is still not out of the tough times.
FE Online | February 16, 2018 3:34 PM
The petrol and diesel prices have been cut almost daily in last ten days on the back of falling crude oil price after it topped $71 a barrel last month. Check out prices in four metro cities.
FE Online | February 16, 2018 7:58 PM
The Karnataka government, which presented its last Budget before the high-octane state election on Monday, has announced hiking excise duty on liquor by 8%.
FE Online | February 15, 2018 7:32 PM
In the past 9 days, petrol and diesel prices have been cut almost every day on the back of benchmark Brent crude oil price which fell dramatically in last one month after touching a high of $71 per barrel.
FE Online | February 14, 2018 6:07 PM
The government is mulling over a plan to double the import duty on wheat from the present 20 percent in order to rule out any chances of cheaper imports flooding the markets later as crop harvesting has just begun in the country.
FE Online | February 14, 2018 1:57 PM
Petrol and diesel prices on February 14 were kept unchanged after reduction for six straight days. The prices were slashed after the benchmark Brent crude oil price fell down to a two-month low. Check out the fuel price today in four metro cities.
AFP | February 13, 2018 5:50 PM
Iraq, the second largest oil producer in the OPEC cartel, plans to sharply increase its output capacity to seven million barrels a day by 2022, its oil minister said today.
Petrol, diesel prices cut again but you are still paying more while crude oil price falls back to $62.5Pragya Srivastava | February 13, 2018 4:48 PM
For the sixth day now the petrol and diesel prices have been cut, yet at Rs 72.94 and Rs 63.50 per litre respectively in Delhi, the prices are much higher than what they were back in mid-November when the Brent crude oil price was in the same range as on Tuesday.
FE Online | February 13, 2018 3:53 PM
In wake of unsatisfactory oilseed production this year, India’s yearly edible oil import bill is estimated to reach around Rs 650 billion fuelled by import of 15 million tonnes of cooking oil, Soybean Processors Association (SOPA) survey.
Petrol, diesel prices continue to fall for fifth day; this time for real as crude oil settles below $64 per barrelPragya Srivastava | February 12, 2018 12:13 PM
Petrol and diesel prices have continued to fall for the five straight days as the benchmark Brent crude oil price has settled below $64 per barrel. Check petrol and diesel prices in four metros: Delhi, Mumbai, Chennai and Kolkata.
Reuters | February 10, 2018 2:34 AM
Oil prices slid more than 3 percent on Friday as US futures fell below $60 a barrel for the first time since December on renewed concerns about rising crude supplies.
FE Bureau | February 10, 2018 2:08 AM
The Cotton Association of India (CAI) has lowered its estimates for cotton crop for the ongoing 2017-18 crop year at 367 lakh bales.
FE Bureau | February 10, 2018 2:05 AM
Union food ministry is considering a proposal to remove export duty so that any surplus sugar can be shipped out easily.
PTI | February 9, 2018 6:52 PM
The Centre is estimated to save Rs 1,600 crore annually in procurement of foodgrains as its tax expenses have reduced after the introduction of GST, Food Minister Ram Vilas Paswan said today.
Pragya Srivastava | February 9, 2018 11:59 AM
Petrol and diesel prices on February 9 have slumped for the second day on the back of low Brent crude oil price which has now settled below $65 per barrel after Iran announced to increase its production.
Reuters | February 9, 2018 4:06 AM
Oil prices fell to their lowest in seven weeks on Thursday amid fears of rising global supplies after Iran announced plans to increase production and US crude output hit record highs.
Nanda Kasabe | February 9, 2018 2:59 AM
Sugar prices have jumped by Rs 100 per quintal in the last three days on the back of speculations floating in the market that the Centre is likely to restrict sugar sales by mills to stop the current down slide.
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