Commodities

Food, commerce depts at loggerheads

Food minister Paswan asks Sitharaman to review decision on sugar exports

Food, commerce depts at loggerheads

Gold demand in India up 15%, falls 1% globally in March quarter

After a drop in 2014, gold demand in India rose 15% in the quarter through March from a year before to 191.7 tonne...

Gold demand in India up 15%, falls 1% globally in March quarter

India’s Q1 gold demand up 15% on positive mood: World Gold Council

India's gold demand during the January-March quarter went up 15 per cent to 191.7 tonne compared with the same period last year, according to the World Gold Council.

world gold council News

Govt clears urea policy, to cut subsidy by Rs 4,829 cr

The Narendra Modi government aims to cut down fertiliser subsidy to the tune of Rs 4,829 crore over the next four years...

Govt clears urea policy, to cut subsidy by Rs 4,829 cr

Raw sugar exports likely to be hit on ‘late’ incentives by govt

Both the Centre and Maharashtra govt have announced incentives for raw sugar exports. These announcements, however, have failed to bring any cheer to markets with mills claiming that sops have come l

Raw sugar exports likely to be hit on ‘late’ incentives by govt

Gold zooms Rs 315, silver surges Rs 700 on global cues

Gold regained its sheen today by soaring Rs 315 to Rs 27,565 per 10 grams at the bullion market, tracking a firm global trend.

gold price News

Spot prices of farm products rise 27% on fears of weak monsoon

Spot prices of key farm commodities have risen up to 27% since April, mainly due to unseasonal showers...

Spot prices of farm products rise 27% on fears of weak monsoon

‘Maha mills can’t supply ethanol sought by OMCs’

Oil marketing companies (OMCs) have floated a fresh expression of interest ( EOI) with a demand for 21 crore litres of ethanol from Maharashtra.

‘Maha mills can’t supply ethanol sought by OMCs’

Gold, silver prices stay flat in thin trade

Gold prices remained steady for the second straight day at Rs 27,250 per 10 grams at the bullion market today.

gold price News

Narendra Modi seeks long-term solution to sugar crisis

Industry suggests creation of a strategic reserve of sugar as short-term solution

Narendra Modi seeks long-term solution to sugar crisis

States not lifting entire quantity of grains allocated for schemes

The states have not been lifting the entire volume of foodgrains allocated by the Food Corporation of India...

States not lifting entire quantity of grains allocated for schemes

NMDC retains price for May on weak demand

Even as global iron ore prices have shown some upturn in recent times, state-run NMDC has decided not to increase ...

NMDC retains price for May on weak demand

Positive growth in index can still fuel aspirations

From all available indications, it appears that the industrial production index would continue its slow and steady growth journey with the manufacturing sector back on rails since March onwards. The p

Positive growth in index can still fuel aspirations

Gold edges up on seasonal offtake, global cues

Gold prices gained at the domestic bullion market on modest buying support from jewellery traders and retailers amid higher global advices.

Gold price News

Gold weakens on low demand; Silver gains on fresh buying

Bullion traders attributed the fall in gold prices to a decline in demand from jewellers as well as retailers at current levels but firming global trend capped the fall.

Gold prices News

Poor grain quality forces FCI to ditch storage policy

Under the First In First Out policy, FCI supplies foodgrain, mostly consisting of rice and wheat, to the Public Distribution System from the previous stock, while the new crop being procured is stored

Poor grain quality forces FCI to ditch storage policy

Govt cotton stock sales at 2-year high

Stock sales by state-run Cotton Corporation Of India (CCI) have crossed one million bales for the first time in two years.

Govt cotton stock sales at 2-year high

Maharashtra seeks to double area under horticulture crops

The area under horticulture in Maharashtra is likely to double soon if the government gives the go-ahead.

Maharashtra seeks to double area under horticulture crops

Gold recovers on wedding season demand, global cues

Silver, however, held steady at Rs 37,850 per kg on little support from industrial units and coin makers.

Gold rate News

Maha sugar mills claim to have got relief from income tax notices

Jaitley is reported to have given a verbal assurance to a delegation led by NCP chief Sharad Pawar and representatives of the Maharashtra State Cooperative Sugar Factories Federation that no coercive

Maha sugar mills claim to have got relief from income tax notices

Buffalo meat exports exceed Basmati shipments in FY15

The exports of buffalo meat from the country have reached an all-time high and surpassed the Basmati rice shipments...

Buffalo meat exports exceed Basmati shipments in FY15

Gold, silver fall on global cues, low demand

Gold prices drifted by Rs 120 to trade at Rs 27,230 per ten grammes at the bullion market today.

gold price News

Textile exports rise just 1.7% up to Feb, way short of 15% target

Exports for ’14-15 are likely to be lower than even 5% growth expected until recently

Textile exports rise just 1.7% up to Feb, way short of 15% target

Domestic steel consumption up 7% in April

Buoyed by higher demand from the end-use segments such as construction and automobiles, domestic steel consumption...

Domestic steel consumption up 7% in April

Wheat procurement picks up pace

Around 22 million tonne procured by FCI, state govt agencies

Wheat procurement picks up pace

Import duty hike, dragon effect push up natural rubber price

Close on the heels of  finance minister Arun Jaitley’s announcement of raising the customs duty on  natural rubber (NR),  price of NR in the domestic market has perked up a tad. In the last five

Import duty hike, dragon effect push up natural rubber price

Mango exports may fall 30% on untimely rain

Around 70 tonne of Indian mangoes, which underwent heat treatment, have found their way to European markets this season.

Mango exports may fall 30% on untimely rain
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