Commodities

Petrol to be cheaper by Rs 8 per litre in Delhi as AAP govt decides to cut VAT: Sources

At a cabinet meeting chaired by Chief Minister Arvind Kejriwal, it was decided that the Value-Added Tax (VAT) on petrol will be reduced from the present 30 per cent to 19.4 per cent, leading to a cut of around Rs 8 per litre, they added.
petrol price

Wheat sowing up 3.36 pc so far: Agriculture Ministry

The crop year in India runs from July to June. Sowing has been undertaken so far in more than 50 per cent of the normal rabi area of 625.14 lakh hectare.

Area sown to coarse cereals and nutri cereals were slightly lower at 25.87 lakh hectare compared to the year-ago period.

Tomato price rises to Rs 75 per kg in national capital

On Friday, in Puducherry, tomato price declined to Rs 45 per kg from Rs 100 per kg on November 22. However, in Hyderabad, the price softened slightly to Rs 72 per kg from Rs 90 per kg that prevailed d

Even supply of tomato to other parts of the country from key growing states of Andhra Pradesh and Karnataka has been affected.

Petrol and diesel price today November 26: Rates unchanged for 22nd day; Check price in Delhi, Mumbai here

Petrol and Diesel Price Today in India: Petrol and Diesel Rate on November 26 were left unchanged for the 22nd day, keeping rates in Delhi, Mumbai, Chennai, and Kolkata above Rs 100 per litre mark.

Petrol and Diesel Price in India, Petrol and Diesel Rate Today in India

India’s gas consumption to jump more than 3 times by 2030: GAIL

Demand from city gas is likely to rise to 140 mmscmd in 8 years from 35 mmscmd now while gas use in refineries is expected at 58 mmscmd from about 14 mmscmd now.

GAIL

Gold declines Rs 119, silver tumbles Rs 517

In the previous trade, the precious metal had settled at Rs 46,732 per 10 gram.

"Spot gold prices for 24-carat gold at Delhi fell by Rs 119 reflecting an overnight decline in COMEX gold prices despite rupee depreciation," according to HDFC Securities, Senior Analyst (Commodities), Tapan Patel.

Cotton arrivals in October recorded at 31.12 L bales: CAI

The organisation has retained its earlier projection of crop yield for the season beginning October 1, 2021, at 360.13 lakh bales, up by 7 lakh bales from 353 lakh bales estimated for the previous yea

cotton production

LNG trade: IGX volume on the rise, with prices up to 30% below spot rates

The prices on IGX dropped to a low of $6.1/mmBtu in April 2021 when spot LNG was at $10/mmBtu. IGX contract prices have since consistently increased in tandem with the rise in crude oil price and LNG

In comparison countries such as Japan and South Korea have 80% of LNG contracted in long term.

India to release 5 million barrels of crude oil from strategic reserves on US request

The stocks will be sold to Mangalore Refinery and Petrochemicals Ltd (MRPL) and Hindustan Petroleum Corp Ltd (HPCL) which are connected by pipeline to the strategic reserves.

Petrol and diesel price today November 23: Rates steady for 19th day; Check price in Delhi, Mumbai here

Petrol and Diesel Price Today in India: Petrol and Diesel Rate on November 23 were left unchanged keeping rates in Delhi, Mumbai above Rs 100 per litre mark.

Petrol and Diesel Price in India, Petrol and Diesel Rate Today in India

Emission-reduction push seen to displace 30 MT petrol sales by FY25

Mainly due to the government’s push of meeting its 20% ethanol blending target by FY25, a cumulative 28-30 million tonne (MT) of domestic petrol sales is expected to be displaced by other energy sou

Of the total expected replacement of 5-7 MT in diesel consumption between FY22 and FY25, 5-5.5 MT is expected to be on account of CNG, and 0.5-1 MT due to EVs.

India working on release of oil reserves after US request

Retail petrol and diesel prices shot up to record levels earlier this month before the government cut taxes, costing it Rs 60,000 crore in revenue this year.

Chhattisgarh government cuts VAT on petrol, diesel

The move will cause a loss of nearly Rs 1,000 crore to the state exchequer, the official said.

Civil Aviation Minister Jyotiraditya Scindia urges states, UTs to cut tax on jet fuel

The sector has a large cost-benefit ratio and also huge employment potential, he said on Friday, and asked states and UTs to facilitate new airports by swiftly handling the land allotment issues.

Addressing the conference of the ministers of civil aviation from states and UTs here, he stressed the cooperation and support of all stakeholders for strengthening the civil aviation sector.

Retail prices of pulses stabilised in last 5 months: Govt

The pulses inflation rate was as high as 18.34 per cent in October 2020.

Union Minister Piyush Goyal cautions cotton traders to refrain from hoarding, price manipulation

The Minister of Textiles, Commerce & Industry, Consumer Affairs and Food & Public Distribution asked the textile industry leaders not to push the government to intervene.

Gold Price Today, 18 Nov 2021: Gold prices fall, resistance at Rs 49500; may remain choppy in coming sessions

Gold Rate Today, Gold Price in India on 18 November 2021: Gold prices in India were trading in the negative territory on Thursday, even as yellow metal edged up globally

Gold Rate Today, Gold Price Today in India

Petrol and diesel price today November 18: Rates steady for 14th day; Check price in Delhi, Mumbai here

Petrol and Diesel Price Today in India: Petrol and Diesel Rate on November 18 were the same as yesterday, leving price in Mumbai at a staggering Rs 109.98 per litre.

Petrol and Diesel Price in India, Petrol and Diesel Rate Today in India

Sugar production hits 20.90L tonne till November 15: ISMA

Compared to 289 sugar factories, which were crushing sugarcane till November 15, 308 sugar mills are crushing sugarcane this year in the same period, a statement issued by the Indian Sugar Mills Assoc

sugar production

Gold Price Today, 17 Nov: Gold likely to rebound after yesterday’s loss, may rise to Rs 49,300 per 10 gm

Gold Rate Today, Gold Price in India on 17 November 2021: Gold prices were trading marginally up in India on Wednesday, following international trends.

Gold Rate Today, Gold Price Today in India

Kenyan imports hurting quality of Indian tea

All the above mentioned variety of brews have geographical indication (GI) tags; a WTO agreement on trade-related aspects of intellectual property rights bars tea with GI tags to be blended with any o

Kenyan imports of indian tea

Petrol and diesel price today November 17: Rates constant for 13th day; Check price in Delhi, Mumbai here

Petrol and Diesel Price Today in India: Petrol and Diesel Rate on November 17 was same as yesterday. Petrol price in Delhi, Mumbai, Chennai, and Kolkata is above Rs 100 per litre mark.

Petrol and Diesel Price in India, Petrol and Diesel Rate Today in India

Price pressure: Edible oil imports raise CAD concerns

Even as import of vegetable oils — edible oil make up for ~97% of it — remained flat in volume term in the marketing year ended October 31, its value jumped, since global prices skyrocketed.

Edible oil

Sugarcane arrears in UP down to Rs 3,895 cr in 2020-21 from Rs 10,667 cr in 2017: Govt

Goyal stressed the need to increase productivity and production of sugarcane to boost farmers' income.

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