Page 10 of commodities

Oil extends gains on Middle East supply worries

Brent crude rose 38 cents, or 0.5%, to $78.63 a barrel by 0440 GMT, while U.S. West Texas Intermediate crude…

January 4, 2024 10:44 IST

FCI, open market sale scheme, OMSS, flour millers, top news, latest news, business news,

No halt to sale of wheat & rice by FCI

On January 1, FCI had rice and wheat stocks of 34.49 million tonne (MT) while 33.27 MT of rice is…

January 4, 2024 01:20 IST

wheat output, rabi (winter) crop, MSP, top news, latest news, business news,

India’s wheat output may touch new record of 114 million tonnes in 2023-24

The last leg of sowing of wheat, the main rabi (winter) crop, is underway and will continue till next week.

January 3, 2024 18:27 IST

onion export ban, local prices fall, Maharashtra, Karnataka, top news, latest news, business news,

Govt reviewing onion export ban, as local prices fall

India exported a record 2.5 MT of onion 2022-23, which is an increase of 65% from the previous fiscal.

January 3, 2024 00:20 IST

food imports, India, vegetable oil, Agriculture imports, pepper, cinnamon, cassia, clove, anise seeds, ginger, top news, latest news, business news,

India’s food imports at $33 billion in 2023, down 10% on year

The imports in 2023 were 10% lower than last year’s $36.7 billion as vegetable oil prices eased during the year.

January 2, 2024 01:00 IST

date of manufacturing, unit sale price, date of import, packaged items, Jan 1, top news, industry news, business news,

Printing ‘date of mfg’, ‘unit sale price’ on packaged items becomes mandatory from Jan 1

Earlier, companies were given the option to either print the ‘date of manufacturing’ or ‘date of import’ or date of…

January 1, 2024 18:12 IST

Fuel price, oil price, petrol price, commodities news, oil news

Fuel price cuts may be moderate, impact on OMC margins minimal

Earlier, a business magazine reported that fuel prices, which are deregulated, may be cut in the range of Rs 4-6…

December 30, 2023 01:00 IST

Navigating Gold’s swings: from December corrections to January predictions

In the current context points towards a continued upward trajectory, we believe the initial target will be in the vicinity…

December 29, 2023 11:36 IST

FMCG, FMCG growth, festive demand, top news, latest news, business news,

FMCG eye green shoots of growth in 2024

Fast-moving consumer goods (FMCG) companies are counting on multiple factors for growth in the coming year.

December 29, 2023 00:40 IST

oil markets, geopolitical tensions, US, top news, latest news, China, India,

Year ahead: Oil markets may remain volatile in 2024 also

OMCs seen making healthy profits if crude hovers around $85/barrel, and doesn’t flare up

December 25, 2023 02:30 IST

Gold faces sideways trend amidst holiday lull and Fed Rate Cut Divergence; What should you do now?

Today, US Durable goods orders, Consumer Sentiments and most importantly Core PCE will be closely watched for further guidance on…

Updated: December 22, 2023 15:00 IST

rice, rice price, demand, supply concerns, exports, weather, production, inflationary pressures, El Nino

India’s agri exports likely to reach USD 53 billion this fiscal: Govt official

The government has prohibited exports of wheat and non-basmati white rice and has imposed curbs on sugar exports.

December 21, 2023 16:45 IST

Oil prices mixed as Red Sea attacks disrupt supply chains

Brent crude futures rose 10 cents, or 0.13%, to $78.05 a barrel at 0330 GMT.

December 19, 2023 09:47 IST

Oil prices on track for first weekly rise in two months

Brent futures rose 51 cents, or 0.7%, to $77.12 a barrel at 1326 GMT. U.S. West Texas Intermediate (WTI) crude…

December 15, 2023 20:53 IST

Rupee jumps 27 paise to 83.03 against US dollar amid stocks rally

The rupee finally closed at 83.03, up by 27 paise over the previous close of 83.30. On a weekly basis,…

December 15, 2023 16:53 IST

poultry sector, growth, revenue, high base effect, demand, CRISIL Ratings, operating profitability, broiler meat, egg, feed costs, capital requirement

Broiler meat prices plunge on higher output, lower demand

The poultry sector in India is valued at more than $ 28 billion in 2021-22.

December 15, 2023 02:50 IST

onion, top news, latest news, business news, retail market, onion farmers,

Govt assures onion farmers there won’t be export ban impact; will buy 2 lakh tonne for buffer stock

The procurement will ensure domestic wholesale rates remain stable and do not fall sharply because of the ban.

December 11, 2023 20:36 IST

agri-commodities, APEDA, basmati rice, rice, Agricultural and Processed Food Products Export Development Authority, top news, latest news, business news,

Agri-commodities exports decline to 17.93 lakh tonnes in Sept: APEDA

Exports of agri-commodities in April and May were around 33 lakh tonnes each.

December 10, 2023 11:45 IST

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Saahil Goel, MD and CEO of Shiprocket, along with his co-founders Gautam Kapoor, Vishesh Khurana, and Akshay Ghulati, started the company in 2012 after realizing the lack of affordable technology, shipping, and payment options for small businesses in India. They have since raised Rs 260 crore in funding and have helped over 100,000 small businesses reach 100 million Indian online shoppers.

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