The World Gold Council launched its new consumer research report highlighting opportunities for gold for those working in both retail investment and jewellery markets. The significant piece of research, with an 18,000-strong sample, looks at a range of markets including China, India, North America, Germany and Russia, and highlights unique insights into attitudes towards and […]
World meat production is expected to decline in 2019 for the first time in more than two decades, as the African Swine Fever outbreak in China decimates pig herds, according to the Food and Agriculture Organization of the United Nations. Production of bovine, ovine, poultry and pig meats is forecast to total 335 million tonnes in carcass […]
CRISIL expects shrimp exports from India to nearly double to $7 billion by 2022, driven by strong demand, high quality, improved product mix, and an increase in aquaculture area in Andhra Pradesh, Gujarat, Odisha and West Bengal – even as its Asian rivals battle structural issues and rising domestic consumption. In fiscal 2016, India became […]
The Cotton Association of India (CAI) has estimated its cotton crop for the 2019-20 season at 354.50 lakh bales of 170 kgs. each which is higher by 42.50 lakh bales compared to the previous year’s crop of 312 lakh bales. The increase in crop estimated for the 2019-20 season is on account of higher acreage […]
The Indian government said it was raising the minimum support price (MSP) for rabi crops that will hit the market in 2020-21, with the highest increase marked for lentils. A government statement said that the increase in MSP was in line with the principle of fixing these prices at a level of at least 1.5 […]
Cotton prices continued to reduce in August 2019, mainly due to a fall in international prices, rating agency India Ratings and Research (Ind-Ra) said in its latest report, adding that it expects prices to fall further as global production is likely to be higher than demand growth. With local prices (MSP) being higher than international […]
Spot gold declined by 1.5 per cent to hit the lowest in almost two months in early Tuesday trade. But it recovered by half towards evening on huge customer turnout to book their share on price fall. The decline in gold prices in the domestic market was followed by a similar move globally on easing trade tensions […]
In view of sustained high price of onions in the market, Central Government has imposed stock limits on onion traders to facilitate release of stocks in the market and prevention of hoarding by traders. Further, the government of India has banned export of onions with immediate effect till further orders for improving domestic availability. Recently, […]
Prices of green vegetables have declined by up to 39 per cent in the past three weeks because of a sharp increase in the arrival of new season harvests, reports Business Standard. Data compiled by the National Horticultural Board (NHB) showed that the price of green peas declined 39 per cent to trade at Rs […]
India’s gems and jewellery sector hopes to tap a $1-billion export opportunity arising out of the ongoing trade war between the United States (US) and China, reports Business Standard. The opportunity came India’s way after the US levied a 10 per cent import duty on import of gems and jewellery from China, taking the tariff to 20.5 per cent. […]
