Commodities
Maharashtra grape growers to form federation of farmer producer companies for marketing
It is a fact that Maharashtra’s Nashik district recorded an all-time high export of 1.43 lakh tonne of grapes during the just concluded grape season. More than 1.50 lakh hectare in the district alone comes under grape cultivation and some 50,000 farmers
Oil prices steady after falling to more than one-week lows
Iran denied it was willing to negotiate over its ballistic missile program, contradicting a claim by U.S. Secretary of State Mike Pompeo, and appearing to undercut Trump's statement that Washington ha
Crude windfall in making for India: Oil prices set to cool more, may shore up fiscal, trade balance
The slump in China’s economic growth to the lowest in nearly three decades may bring some crude relief to the Indian economy, with the slowing global demand pushing crude oil prices lower.
Gold little changed; US retail sales data in focus
Spot gold was down 0.1% at $1,412.24 per ounce, as of 0107 GMT.
Oil down for a second day as US Gulf of Mexico output returns
The U.S. benchmark fell about 1% in the previous session. Both contracts last week made their biggest weekly gains in three weeks as U.S. oil inventories fell and diplomatic tensions rose in the Middl
Vegetable oil imports surge 6% to 11.05 lakh tonne in June
During November 2018-June 2019, import of refined oil (RBD Palmolein) went up 39% to 1,825,663 tonne, against 1,315,256 tonne in the year-ago period.
Why cotton imports and exports may decline
India usually exports around 60-70 lakh bales annually. Although cotton imports are currently taking place, the pace is slow and imports are likely to be down as well, experts said.
Marine fish catch falls 9% in 2018
The total marine fish production in 2018 was recorded at 3.49 million tonne, which is lower by 3.47 lakh tonne (9%) as compared to the previous year, mainly due to reduced catch in West Bengal, Karnat
Maharashtra farmers had sown banned HT Bt cotton seed in Akola: Lab report
With increasing scarcity of labour in rural India, cotton farmers are eager to find alternative ways to reduce the cost of labour, and stay competitive in the global market.
Gold gains on US-China trade jitters, rate cut hopes
Spot gold was up 0.4% at $1,408.62 per ounce as of 0133 GMT.
Oil prices rise amid Gulf of Mexico storm, Middle East tensions
U.S. West Texas Intermediate (WTI) crude futures were up 34 cents, or 0.6%, at $60.54 a barrel.
Global markets: Asian shares ease as Donald Trump rekindles Sino-US trade tensions
S&P 500 e-mini futures were last up 0.21% at 3,010.25. Federal Reserve Chairman Jerome Powell indicated on Thursday that a rate cut is likely at the Fed's next meeting as businesses slow investment du
June estimate for cotton crop reduced by 3 lakh bales to 312 lakh bales
The cotton crop for Southern zone has been reduced by 3.25 lakh bales i.e. 68.50 lakh bales compared to the estimate of 71.75 lakh bales made during last month.
Gold price hits all-time high in India after US Federal Reserve head’s dovish remarks
Gold prices hit an all-time high in India after the US Federal Reserve Chairman Jerome Powell indicated towards interest rate cut soon in a bid to shore up the economy.
US oil hits highest in over a month amid Gulf of Mexico storm, Iran tensions
Brent crude futures were down 5 cents, or 0.1%, at $66.96 a barrel, after ending Wednesday up 4.4%.
Gold hits 1-week high as comments from Fed’s Powell stoke rate cut bets
Spot gold was up 0.4% at $1,423.80 per ounce as of 0112 GMT, after earlier hitting its highest since July 3 at $1,426.
Gold prices headed for more correction? Investors on sidelines amid global, local cues
Gold price plunged Rs 600 to Rs 34,870 per ten gram in the bullion market on Tuesday, continuing to be under pressure for the last three trading sessions.
Gold dips as dollar ticks higher, all eyes on Fed
U.S. gold futures slipped 0.4% to $1,394.40 an ounce.
Oil rises more than 1% after US stockpile drop; Brent nears $65
U.S. crude stockpiles fell more than forecast last week, while gasoline inventories decreased and distillate stocks built, data from industry group the American Petroleum Institute (API) showed on Tue
UP cane arrears stand at Rs 9,500 crore: 5 big private mills owe Rs 5,000 crore to farmers
Of the privately-owned sugar mills, five big groups — the Yadu Group, Simbhaoli Sugars, Modi Group, Bajaj Group and Mawana Sugars — owe up to Rs 5,000 crore.
NCDEX to launch Paddy Basmati-Pusa 1121 futures
Complying with guidelines of the market regulator, the exchange is allowed to start futures trading for paddy (basmati) for a trading and delivery lot size of 10 tonne with compulsory delivery option.
Rubber board ropes in firms to operate untapped estates
About 1.25 lakh hectare of rubber plantation remain untapped, according to a preliminary assessment study by the Rubber Board.
Maharashtra dairy owners threaten to sell loose milk after plastic ban
Right now it is possible for dairy owners to obtain a EPR or buyback mechanism certificate by paying money but dairy owners have decided not to opt for such measures.
Petrol, diesel consumers should not worry on additional cess, say analysts; why it may be temporary pinch
Even as consumers feel the pinch due to the introduction of cess on petrol and diesel in the budget, analysts say the fuel prices are expected to soften going ahead.
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