India’s market regulator says working on guidelines for commodity index derivatives
The Securities and Exchange Board of India (SEBI) is working towards finalising guidelines for commodity index derivatives, the chairman said, adding that more …
Fresh moong crop trades below MSP in Karnataka thanks to higher acreage
As the new kharif moong hits the markets in Karnataka, prices of the pulse crop are trading lower at around Rs 5,100 a quintal, much lower than the minimum …
Cotton Corporation of India to procure cotton directly from farmers in Rajasthan
The Cotton Corporation of India (CCI) will procure cotton directly from farmers in Rajasthan at the minimum support price (MSP) and make the payment to their …
Outlook for global mining clouded due to trade tensions
The outlook for the global mining sector has become more clouded in recent months due to trade tensions between the US and China, Fitch Ratings said, as prices …
Indian sugar mills want ex-mill MSP of sugar to be increased by 24%
India’s sugar industry has demanded that the ex-mill minimum selling price (MSP) of sugar be increased by 24 per cent to Rs 36 per kg from Rs 29 per kg to …
IOC refinery project in JV with Iran to continue regardless of U.S. sanctions – report
Indian Oil Corporation’s (IOC) planned $5.10 billion expansion of its Chennai Petroleum, partly owned by Iran, is not expected to be hit by U.S. …
Global bauxite production including India’s, see growing
Global bauxite production growth will remain high over the coming years, as new projects come online in Australia, Indonesia expands exports, India ramps up …
Encouraged by the government, Indian distillers to add 250 million litres of new capacity for ethanol
Encouraged by the government’s decision to allow production of ethanol directly from sugarcane, independent distilleries are planning to commence their …
Cheap vegetable oil import from neighbouring countries likely to hit India’s domestic refined oil price
Cheap imports of refined oils and vanaspati from South Asian Free Trade Area (SAFTA) member countries are resulting in distorted domestic refined oil prices, …
Global oilseed production in 2018/19 forecast higher in August – USDA
Global oilseed production in 2018/19 forecast higher this month at nearly 603.0 million tons, the US Department of Agriculture (USDA) said in its latest report …