Commodities

Import curbs: Fresh push to gold schemes likely

The government is considering a multi-pronged approach to trim gold imports, which includes plans to make the monetisation scheme more attractive.

Price support for pulses: Traders eye 40% windfall as govt sells in the depressed market

Nafed offloads old stocks of lentils at 15-20% losses, to purchase kharif 2018 crop shortly at much higher MSPs.

Maharashtra may hike IMFL duty so as to cut taxes on petrol, diesel: Official

The Maharashtra government is considering increasing excise duty on Indian-made foreign liquor (IMFL), so as to create some fiscal space for slashing the tax on petrol and diesel, an official said Wed

Fuel prices ‘very high’ and ‘hurting the public’, even Nitin Gadkari admits

As the petrol price is nearing the Rs 90 per litre-mark in Mumbai, Nitin Gadkari at an event said that high fuel prices are causing problems for people.

Petrol, diesel prices remain unchanged today for first time in Delhi, Mumbai since September 12

Petrol, diesel prices: The oil marketing companies (OMCs) kept the fuel prices unchanged today for the first time since September 12.

Govt plans Rs 5,500-crore package for sugar sector

Concerned about record cane arrears and the prospect of a domestic sugar glut worsening further, the government is considering offering financial assistance of around Rs 5,500 crore in the next market

Cotton output likely to be hit by deficient rains

Deficit rainfall in some cotton growing regions in the state has left many farmers and traders worried over its impact on the total output this season.

Textile, apparel exports in August up 18% at Rs 21,895 cr

Overall, all commodities exports (ACE) witnessed a stupendous growth of 30% in August

Petrol, diesel rates: Plea in Delhi High Court to call for records on fixation of daily fuel prices

A plea filed in the Delhi High Court Tuesday sought direction to the Centre to produce records on the basis of which daily prices of fuel are being fixed by oil companies.

Saudi Arabia is said to be comfortable with brent oil above $80

Saudi Arabia is now comfortable with Brent oil prices rising above $80 a barrel, at least in the short term, as the global market adjusts to the loss of Iranian supply from U.S. sanctions, according t

Output to fall almost 15% because of Kerala floods, says Rubber Board chief D Anandan

Production and cultivation of natural rubber will bear the brunt of the recent devastating floods in Kerala reducing production by a staggering one lakh tonnes, a top Rubber Board official has said.

Petrol prices hiked to fresh record highs; now at Rs 89.54 in Mumbai; check revised rates

Petrol prices soared to fresh record high levels on Tuesday, and were hiked by 10 paise in metros. In financial capital Mumbai, petrol is now selling for Rs 89.54 per litre.

Low procurement: Early kharif crop prices below support price levels

Early market trends as the kharif 2018 crop has started arriving confirm the fears that the price support schemes unveiled by the central government could cost the exchequer much more than conservativ

Sugar prices firm up on export sops reports

Sugar prices have firmed up by Rs 80-100 per quintal on reports of the government likely to announce export incentives for sugar millers in the country.

Global excess capacity behind drop in Indian steel exports

Industrial production figures for the month of July just available from CSO indicates a growth of 6.6% contributed by a 7% growth each in Manufacturing (wt: 77.6) and Electricity generation (wt: 7.99)

Baba Ramdev says he can sell petrol, diesel at Rs 35-40 a litre if government allows, but can he?

In a not so subtle jibe at the ruling BJP government over its failure to rein in skyrocketing fuel prices, Yoga guru Baba Ramdev said he could sell petrol and diesel at as low as Rs 35-40 per litre

Petrol prices at new all time-high; at Rs 89.44 in Mumbai, above Rs 91 in few Maharashtra cities; check rates

Petrol prices continued to soar to fresh record highs on Monday, and were selling at above Rs 91 in few cities across Maharashtra. In the state’s city Parbhani, one litre of petrol is now selling at

P Chidambaram takes dig at BJP over rising fuel prices, asks if it has found a solution

P Chidambaram on Sunday took a dig at the BJPs claim that fuel prices will be brought down soon.

Petrol hits a record at Rs 89/litre in Mumbai

Fuel prices in the country hit a new benchmark on Saturday with the price of petrol in Mumbai touching Rs 89 per litre, for the first time ever.

Rupee tracking closer to its fair value, further depreciation unlikely, say experts

The Indian rupee is "tracking closer to its fair value" and the scope for further rapid depreciation appears unlikely.

Petrol prices soar to new all-time high to above Rs 89 in Mumbai; check latest rates for metros

Petrol prices continue to breach record high levels in quick succession, and crossed the Rs 89 mark in Mumbai on Saturday.

Cooking oil imports rise 11% in August

Despite rupee depreciation, import of vegetable (cooking) oils in August jumped to 15.12 lakh tonnes from 11.19 lakh tonnes in July, as pipelines were dried up due to lesser import during June and Jul

Nafed to begin disposal of 13k tonne buffer onion stock

National Agriculture co-operative Marketing Federation of India (Nafed), which procured onions from Lasalgaon and other wholesale markets in the state over the past four months is now set to dispose n

Paytm offers up to Rs 7,500 cashback on petrol, diesel purchase – Here is how to get

As fuel prices seem to go up the ladder, the cash backs and offers from mobile payment apps and credit cards might just ease the burden in one's pocket.

Petrol prices soar to fresh all-time highs; now at Rs 88.67 in Mumbai; check latest rates in metros

Fuel prices continued to soar to fresh record highs on Friday, and were increased by 22-28 paise in major metros. In the national capital New Delhi, one litre of petrol is retailing at Rs 81.28 per li

UP sugar mills welcome government’s move on ethanol

With the Cabinet Committee on Economic Affairs giving its approval to fix the ex-mill price of ethanol derived out of B heavy molasses to Rs 52.43 per litre from prevailing price of Rs 47.13 per litre

Villages under Pink Bollworm attack down from 700 to 20

From 700 villages in Maharashtra where the outbreak of the Pink Bollworm infestation on cotton crops had crossed the ‘economic threshold limit’ in August, the number has drastically come down to b

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