Reuters | November 2, 2017 8:28 AM
Oil prices edged up on Thursday as U.S. crude inventories fell despite a rise in production, while outside the United States an OPEC-led supply cut continued to tighten the market.
FE Online | November 1, 2017 5:33 PM
In the 19th hike since July last year, the price of cooking gas (LPG) on Wednesday increased by Rs 4.50 per cylinder to Rs 495.69.
PTI | October 31, 2017 6:46 PM
The rise in wholesale and retail prices of different vegetables in Lucknow was maximum across over 25 cities in the country this month owing to festive demand, Assocham said in a study.
FE Online | October 30, 2017 11:16 AM
Rising Brent crude price which opened above $60 per barrel on Monday, close to its highest level since July 2015, may spell trouble for the Modi government as it may leave lesser fiscal space to go ahead comfortably with its plans to revive the economic growth.
Bloomberg | October 28, 2017 2:39 PM
The OPEC trade is back, and Saudi Arabia is in the driver’s seat. Just before the de facto OPEC leader doubled down on its plan to drain the oil glut, propelling Brent crude prices beyond $60 a barrel for the first time since 2015, hedge funds were almost as bullish on the global benchmark as they’ve ever been.
Nanda Kasabe | October 28, 2017 3:26 AM
Even as some farmer organisations in Maharashtra have placed a demand for a first advance of Rs 3,200 per quintal for the sugar season of 2017-18, all eyes are now on the annual cane meet to be held in Jaisinghpur in Kolhapur in Western Maharashtra on Saturday where the more aggressive Swabhimani Shetkari Sanghatana (SSS) is expected to announce its demand for the first cane payment for farmers.
FE Bureau | October 28, 2017 3:21 AM
Millet farming is on the rise in Karnataka as against a drop in paddy farming due to deficit in rainfall, Karnataka agriculture minister Krishna Byre Gowda said on Friday.
Yogi Adityanath government hikes cane price by Rs 10, but the effect is both sweet and sour; here is whyDeepa Jainani | October 28, 2017 3:09 AM
The state raised the cane price for the early maturing variety from Rs 315/quintal to Rs 325/quintal
FE Bureau | October 28, 2017 3:03 AM
Western Coalfields (WCL) said on Friday that Karnataka Power Corporation (KPCL) has not started lifting coal from the mines allocated to its power plants, even though coal stock at the latter’s thermal power plants are at precariously low levels.
Petrol, diesel prices to rise sharply? Crude oil rallies just below $60 a barrel, highest since mid-2015Reuters | October 27, 2017 7:23 PM
Oil prices fell on Friday after Brent rallied to just below $60 a barrel the previous session but support from Saudi Arabia’s crown prince for extending OPEC-led output cuts created a floor.
Nanda Kasabe | October 27, 2017 2:36 AM
After a month-long break, the National Agricultural Cooperative Marketing Federation (NAFED) has resumed procuring onions from Lasalgaon, country’s largest wholesale market for the bulb, and neighbouring Agriculture Produce Market Committees (APMCs) under the Centre’s Price Stabilisation Fund.
Nanda Kasabe | October 26, 2017 3:02 AM
Cotton prices in Maharashtra have firmed up to Rs 4,600-4,700 per quintal after the Gujarat government announced a bonus of Rs 100 per 20 kg for cotton (Rs 500 per quintal) to be paid to farmers.
PTI | October 25, 2017 3:22 AM
The central and Karnataka governments want declaration of an international year of millets to help spread the message on richness of the foodgrains’ nutrients and health benefits across the world.
FE Bureau | October 25, 2017 3:17 AM
The Gujarat government is all set to commence groundnut procurement this week onwards at the rate of Rs 900 per 20 kg from the farmers.
R Ravichandran | October 25, 2017 3:11 AM
Confusion over continuation of the duty drawback scheme, sharp decline in Rebate on State Levies (ROSL), prolonged uncertainty over GST rates on knitwear/woven garments coupled with intense competition from neighbouring countries have impacted the exports of readymade garments (RMG) at national level, including at Tirupur, the knitwear capital of India in the first half of the current fiscal.
Surya Sarathi Ray | October 25, 2017 3:03 AM
As its steel production gap with Japan is on the wane, India is within the touching distance to become the world’s second largest steel producer.
Nanda Kasabe | October 25, 2017 2:57 AM
Onion farmers are finally smiling. With the widening gap between demand and supply at the country’s largest wholesale onion selling market, prices continue to rise after Diwali with reduced arrivals and modal prices touching Rs 2,300 per quintal.
Sushim Banerjee | October 24, 2017 6:31 AM
The government has indeed rendered significant help to Indian steel industry from the frequent surge in low priced imports of various categories of steel for the last 3 years.
Indronil Roychowdhury | October 24, 2017 6:11 AM
While companies like ITC are scrambling for coal to run their units, Coal India (CIL) says that the overall fuel offtake at the state-run behemoth in April-October 2017 is 8.7% more compared to the same period of last fiscal. Even as power units across the country are out of a shortage situation, non-power units are […]
Nanda Kasabe | October 24, 2017 6:02 AM
Farmer organisations including the Swabhimani Shetkari Sanghatana (SSS) have urged farmers to practice restraint and not part with their cane in haste unless a decision is taken on the first cane installment to be given to farmers.
Sandip Das | October 24, 2017 7:53 AM
In a step towards boosting exports potential of perishable agricultural commodities especially fruits and vegetables from north-eastern region (NER), a consignment of pineapple sourced from Tripura has been sent to Dubai.
PTI | October 20, 2017 5:50 PM
India’s fuel demand surged 9.9 per cent in September, the biggest expansion in more than one year, after petrol and diesel consumption soared.
FE Online | October 18, 2017 3:12 PM
The UT Administration has cut down retail VAT on fuel by 5%, bringing down the price of petrol by Rs 2.74 per litre and diesel by Rs 2.47 in Chandigarh.
PTI | October 17, 2017 8:26 PM
The price of onions has doubled in the city’s retail markets within a fortnight due to supply constraints.
Reuters | October 17, 2017 1:08 PM
India is set to emerge as a key market for American crude exports in coming months, as refineries in that country are ramping up “test” purchases of U.S. grades to diversify their imports.
FE Bureau | October 17, 2017 3:33 AM
Swiss company Syngenta, Germany’s Bayer and Monsanto draw flak for recent deaths due to pesticide exposure in the cotton belt of Yavatmal.
Diwali 2017: Dhanteras gold sales may shine but only for this segment, bleak festive season for restBanikinkar Pattanayak | October 17, 2017 3:27 AM
Rural disposable incomes haven’t quite picked up, thanks to subdued prices of many farm items. On top of that, compliance requirements after the GST launch are weighing on small jewellers – most of them had been operating in an opaque environment for ages.
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