Pandemic tears through India’s agriculture commodity demand; exports show resilience

India’s agriculture industry is in a wait-and-watch mode amid the worsening pandemic situation, as localised lockdowns have stagnated market demand, while any subsequent stricter restrictions in the coming days are expected to slow down trading activity and disrupt supply operations. Even though agriculture and allied activities are exempted from government restrictions so far, several markets […]

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Copper climbs to highest in 10 years as global recovery gains ground; other metals also gain

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Copper climbed to the highest in almost a decade as the global recovery from the pandemic extended a rally in metals markets. Aluminum is surging and iron ore jumped to a fresh high as commodities advance toward the highs of the last supercycle. Metals are benefiting as the world’s largest economies announce stimulus programs and climate pledges […]

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‘Won’t be any scarcity of resources if we work as one nation’: PM Modi tells CMs of high burden states in Covid meet

Prime Minister Narendra Modi on Friday told chief ministers of states and Union Territories badly hit by the coronavirus pandemic to ensure there are no hindrances in the transportation of oxygen tankers as several regions across the country reported a shortage in the supply for Covid-19 patients.  “He urged the states to check hoarding and […]

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No cracking signs in exports flow despite emergence of Corona’s fresh wave, says FIEO President

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In the history of Indian exports the year 2020-21 was undoubtedly the most topsy turvy with the first wave of Corona massively destabilising the goods flow particularly in the first quarter. After a low pick later, there was, however, a case of smart recovery in the last two quarters which had triggered the expectation of […]

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