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Latest News:

Wheat

Govt likely to impose 25% wheat import tax

New Delhi: Government could impose a 25 percent import tax on wheat by the middle of March, two government sources said on Wednesday, reinstating the tariff after a gap of nearly three months in response to recent large purchases from overseas.

India... Read More

Retail Inflation

Retail inflation cools to 3.41 percent in December

Mumbai: India's annual consumer price inflation eased to 3.41 percent in December, its lowest level in more than two years, helped by a sharp cooling in food prices, government data showed on Thursday.

Economists surveyed by Reuters had expected ann... Read More

Tea_Production, India, Decreased

India’s April-September tea exports drop by 2%

New Delhi: India's tea exports declined by 2 percent to Rs 2,084.06 crore in the first six months of the current fiscal. In the April-September period of last year, the total value of tea exports was Rs 2,124... Read More

tur dal, auction

Govt to further import 30,000 tonne tur, urad

New Delhi: Government directed state-run MMTC to import further 30,000 tonnes of tur and urad for the buffer stock, which is being sold in the open market at a highly subsidised rates to provide relief to consumers.

Despite repeated requests, the sta... Read More

corn

State-Run traders floats tenders to import 330,000 tonnes of corn

Mumbai: Two state-run trading firms have floated two tenders to import 330,00 tonnes of non-genetically modified corn, as the government tries to improve supplies of the grain to keep a lid on local prices.

PEC Limited has opened a tender to import 2... Read More

Maharashtra Government, Pulses, Seize

Govt to import 7,500 tons of chana, masoor dal

New Delhi: The government today decided to import 7,500 tonnes of chana and masoor dal in the coming days to boost domestic supply and curb prices.

The pulses issue was discussed in detail in the meeting of Management Committee of Price Stabilisation... Read More

Tea Export, India

India records highest-ever tea production in FY16

Mumbai: India recorded its highest-ever tea production at 1,233 million kilos during 2015-16, while the exports crossed 230 million kilos during the period.

Tea production rose by 3% in 2015-16, up from 36 million kilos in the preceding year, a Tea B... Read More

Sakal Review on Sugar industry

Govt slaps 20% export duty on sugar

New Delhi: The government on Thursday imposed a 20 per cent customs duty on sugar exports to boost domestic supply and check prices which are ruling high at Rs. 40 per kilogram.

The move comes at a time when prices have surged sharply in various co... Read More

Export

Export down marginally at $22.17 bn in May; fall for 18th month

New Delhi: Declining for the 18th straight month in May, exports dipped by 0.79 per cent to USD 22.17 billion due to slowdown in global demand.

Imports, too, contracted by 13.16 per cent to USD 28... Read More

Indian commodity exchange, fund raising, operations, commodity trading

Commodity market getting back on its feet, turnover jumps 9%

New Delhi: With Sebi in charge of the commodity market, investors are getting their confidence back as the turnover of commodity exchanges grew 9% to Rs 67 lakh crore in 2015-16.

This is being seen as one of the best years for the segment in recent t... Read More

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