M Sarita Varma | January 30, 2018 4:08 AM
Natural Rubber (NR) price has fallen by 22.15% this week, on a year-on-year basis. This is despite the slowdown in the estate-to-market stock movements, in tandem with the tapering down of the latex production season.
FE Bureau | January 30, 2018 4:02 AM
India’s yawning Natural rubber (NR) deficit is emerging as a cause of concern for the tyre industry, says a communique that Automotive Tyre Manufacturers Association (ATMA) has send to the ministry of commerce & industry.
Sushim Banerjee | January 30, 2018 3:58 AM
Already a few assessments are available on how the new year would shape for the steel industry. Irrespective of the details on price movement and profitability, it is generally believed that the year 2018 would give more benefits to the steel industry in terms of demand, costs of production, market realisation and exports than what was experienced in the previous year.
FE Online | January 29, 2018 6:16 PM
The Economic Survey 2018 estimates that every $10 per barrel increase in the price of oil reduces growth by 0.2-0.3 percentage points. The survey said that country’s economic growth is expected to grow between 7 and 7.5% in the fiscal year 2019, while flagging concerns over rising crude oil price.
Pulses are not only a principal source of proteins for most Indians, but also constitute a major part of their daily diet. Disappointingly, their production in the country hasn’t kept pace with the growing demand, fuelled by the country’s rising population on the one hand, and its growing income on the other.
FE Bureau | January 26, 2018 1:12 AM
Indian seafood exports for the current fiscal are expected to cross $6 billion due to favourable market conditions and increase in the shrimp production.
FE Online | January 25, 2018 3:03 PM
Gold prices jumped to a level of over 14-month high gaining by Rs 1,000 in 19 days at the bullion market of national capital Delhi.
Rajesh Ravi | January 25, 2018 4:33 AM
Chilli prices are on the rally and likely to touch record high by the year-end on lower supply, traders said. Farming area has declined by more than 30-40 % in the major growing areas with farmer moving to cotton and other crops.
FE Online | January 24, 2018 8:12 PM
After three and a half years, the petrol price in Mumbai breached the Rs 80 per litre mark on Monday, and hit Rs 80.30 per litre today, while the prices in Delhi, Kolkata and Chennai are Rs 72.43 per litre, Rs 75.13 and Rs 75.12 respectively.
FE Online | January 23, 2018 7:23 PM
BP Plc CEO Bob Dudley has said that the British oil major is looking at fuel retail business with Mukesh Ambani’s Reliance Industries (RIL).
Sushim Banerjee | January 23, 2018 4:12 AM
The New Year has brought us the good news that manufacturing sector, after a gap of many months, had moved up by 10.2% in November 2017 which pushed up the overall industrial production rate to 8.4% in the month.
Petrol price in Mumbai touches Rs 80 per litre; Here’s all you need to know about rising fuel pricesPragya Srivastava | January 22, 2018 3:43 PM
Petrol price in Mumbai on Monday touched Rs 80 per litre on back of higher crude oil prices due to global geopolitical risks, higher demands and production cuts. Here’s all you need to know about rising crude oil price.
Bloomberg | January 22, 2018 3:03 PM
After three years of gloom, the number 100 is finally starting to resurface in the forecasts of market analysts. A slump in new production outside the U.S. shale patch in 2019 could help to send Brent crude briefly back above $100 a barrel next year, according to London-based consultancy Energy Aspects.
Nanda Kasabe and guest | January 20, 2018 5:58 AM
If the cotton crop in Maharashtra and elsewhere became vulnerable to pink bollworm (PBW) attack, the blame should lie with the local seed companies who could not get the farmers to comply with the required protocol to resist it, Monsanto, which out-licensed Bollgard II technology to these firms, has said.
Reuters | January 20, 2018 4:11 AM
Brent crude futures fell 70 cents, or 1 percent, to settle at $68.61 a barrel after hitting a session low of $68.28.
FE Bureau | January 20, 2018 2:35 AM
In a move aimed to help Coal India (CIL) attain its target of producing 1 billion tonne of coal by 2020, the government has decided to allot 11 mines to the state-owned company.
FE Bureau | January 20, 2018 2:30 AM
To support the farmers against falling prices, the Centre has started groundnut procurement after Diwali, on request of the Gujarat government, through the National Agriculture Cooperative Marketing Federation (Nafed).
FE Online | January 19, 2018 5:02 PM
Gold prices fell Rs 120 while silver got costlier by Rs 50 on Friday at New Delhi bullion market.
AFP | January 19, 2018 4:06 PM
The United States are set to overtake Saudi Arabia as the world’s number two oil producer this year, as shale companies, attracted by rising prices, ramp up drilling, the International Energy Agency said today.
Pragya Srivastava | January 19, 2018 2:54 PM
Petrol price in Mumbai is inching towards Rs 80 per litre as the Brent crude oil continues to rally above $68 per litre, after touching $70.37 on Monday, a three-year high, on back of global geopolitical risks, higher demands and production cuts.
PTI | January 19, 2018 12:54 PM
The commerce ministry has allowed imports of non-standard steel products through Nhava Sheva, Mumbai and ICD-Tughlakabad in the national capital.
FE Bureau | January 19, 2018 2:37 AM
Under OALP, six companies submitted expression of interest for the 55 blocks after studying data from the National Data Repository, and these blocks have now been put up for bidding through a secret mechanism on a platform hosted by mjunction Services
FE Online | January 17, 2018 2:43 PM
In order to meet government mandates to pay cane farmers, which required them to sell supply onto the market at the same time they agreed to pay more for sugar cane, sugar processors have decided to undermine their own profit margins
Gold tops Rs 31,000-mark on jewellers’ buying in wedding season, silver coins get costlier by Rs 1,000PTI | January 16, 2018 3:41 PM
Gold soared by Rs 100 to trade at Rs 31,050 per ten gram at the bullion market today on continued buying by jewellers to meet wedding season demand.
Pragya Srivastava | January 16, 2018 12:46 PM
The diesel price in Delhi has recorded an all-time high, while the price has touched a three-year high. Here’s how petrol and diesel prices moved in other metro cities: Mumbai, Chennai and Kolkata, and why the fuel price is going to go further up.
Reuters | January 16, 2018 12:35 PM
Surging shale production is poised to push U.S. oil output to more than 10 million barrels per day – toppling a record set in 1970 and crossing a threshold few could have imagined even a decade ago.
Nanda Kasabe | January 16, 2018 3:20 AM
Selling Bt seeds that are produced in other states under different brand names is called co-marketing. Earlier, state agriculture minister Pandurang Fundkar had said co-marketing practice makes it difficult for the authorities to take legal action against such companies.
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