Business
New Rates for Edible Oils released
The Central Board of Indirect Taxes & Customs hereby makes the following amendments in respect of Fixation of Tariff Value for Edible Oils, Brass Scrap, Areca Nut, Gold and Silver […]
commodity
Business
India’s Foreign Trade from Apr-Sep 2020 sees surplus of US$ 17.74B
Government of India, Ministry of Commerce and Industry released the Foreign Trade statistics of the country for the period of April – September2020. Trade Shows surplus of 17.74 billion […]
Business
India sees Trade Surplus of $14.06B in Foreign Trade for July 2020
Government of India, Ministry of Commerce and Industry released the Foreign Trade statistics of the country for the period of April – July 2020. Trade Shows surplus of 14.06 Billion USD […]
Agriculture & Commodities
Total 19.32 LMT food grains lifted by the States and UTs under PMGKAY-2
As per the Food Corporation of India report dated 21.07.2020, FCI currently has 253.28 LMT rice and 531.05 LMT wheat. Hence, a total of 784.33 LMT food grain stock is available (excluding the ongoing purchase of wheat and paddy, which have not yet reached the godown). […]
Agriculture & Commodities
21% increase in Sowing area of Kharif crops; 690lakh ha covered
total kharif crops have been sown on 691.86 lakh ha area against 570.86 lakh ha area during the corresponding period of last year, thus increase in area coverage by 21.20% compared to last year in the country. […]
Agriculture & Commodities
India Records all-time high Export of Coir and Coir Products
The export, of coir and coir products from India worth Rs. 2757.90 crore for the year 2019-20, registers an all-time high record, which is around Rs. 30 crore higher than that of the last year i.e. 2018-19 which stood at Rs. 2728.04 crore. […]
Agriculture & Commodities
Special Parcel Train to Bangladesh: Railways to focus on customized operations
For the first time the Indian Railways, loaded special Parcel train beyond the country borders to Benapole in Bangladesh with Dry Chillies from Reddipalem in Guntur District of Andhra Pradesh state. […]
Agriculture & Commodities
India increases Pulses Sowing area by 2.5 times under Kariff Crops
The Department of Agriculture, Cooperation and Farmers Welfare, Government of India is taking several measures to facilitate the farmers and farming activities at field level during COVID 19 pandemic. […]
Agriculture & Commodities
All states to implement One Nation-One Ration Card by January 2021
The Union Minister for Consumer Affairs, Food & Public Distribution Shri Ram Vilas Paswan today briefed the media through video conferencing about the progress of Prime Minister Garib Kalyan Ann Yojana and Atma Nirbhar Bharat Abhiyan. […]
Agriculture & Commodities
Guidelines for Evaluation of Nano-based Agri-input and food products in India released
Dr. Harsh Vardhan, Minister for Science & Technology, Health & Family Welfare and Earth Sciences and Shri. Narendra Singh Tomar, Minister of Agriculture & Farmers Welfare and Rural Development & Panchayati Raj released through video-link the ‘Guidelines for Evaluation of Nano-based Agri-input and food products in India’ here today. […]
Agriculture & Commodities
India to emerge as primary drivers of growth in gas demand in Asia: Pradhan
International Energy Agency (IEA) and Ministry of Petroleum and Natural Gas of India, today organized a joint webinar on “Building a Natural Gas‑Based Economy in India Amidst a Changing Global Gas Market Landscape”. […]
Agriculture & Commodities
Petroleum Products demand almost back to normal
India’s overall petroleum products consumption, which had nosedived in last week of March and April this year, is now steadily getting to its pre-lockdown levels in June’20,as emanating from the PSUs’ (IOC, BPC and HPC) sales figures. […]
Agriculture & Commodities
Better practices for more crop production during Kharif season required: Tomar
Union Agriculture & Farmers’ Welfare Minister, Shri Narendra Singh Tomar has appealed to farmers to grow different varieties of crops keeping in view the type of farmland in order to make farming a gainful activity. […]
Agriculture & Commodities
Tariff Value set for Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver
Tariff Notification No. 54/2020-CUSTOMS (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver
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Agriculture & Commodities
Oilseeds coverage area jumps more than three-fold
The country has received the rainfall of 155.2 mm against the normal of 128.2 mm during the period from 1.06.2020 to 25.06.2020. There has been satisfactory progress of sowing area coverage under Kharif crops […]
General
Turning Waste into Wealth is the need of the hour: Mandaviya
Minister of State for Shipping (I/C) Shri MansukhMandaviyatoday chaired a video conference, for recycling of dredging material with officials of Ministry of Shipping, Dredging Corporation of India, Indian Port Association, Inland Waterways Authority of India, Chairpersons of Major Port Trusts and experts of the sector. […]
Agriculture & Commodities
India will be a manufacturing hub for electric vehicles within 5yrs: Gadkari
Union Minister for Road Transport& Highways and MSMEs Shri Nitin Gadkari has expressed confidence that in the next five years, India will become a manufacturing hub for electric vehicles. […]
Agriculture & Commodities
KVIC taps Indian Palm Industry
The Khadi and Village Industries Commission (KVIC) has rolled out a unique project to produce Neera and Palmgur which has huge potential to create employment in the country […]
Agriculture & Commodities
Sanitary Napkins are available for Rs. 1/- per pad at Janaushadi Kendras
Keeping in view the present scenario as a social drive Jan Aushadhi Suvidha Sanitary Napkin is being made available in more than 6300 Pradhan Mantri Bhartiya Janaushdhi Pariyojna -PMBJP Kendras across the country at a minimum price of Rs.1/-per pad. […]
Agriculture & Commodities
382 LMT wheat and 119 LMT paddy procured for the Central pool
Procurement of wheat from farmers by Government agencies has touched an all-time record figure on 16.06.2020, when total procurement for the Central pool reached 382 Lakh Metric Tonnes (LMT) surpassing the earlier record of 381.48 LMT achieved during 2012-13. This has been accomplished during the trying times of Covid-19 pandemic when the whole country was under lockdown. […]
Agriculture & Commodities
Private investment needs to increase in the agri sector: tomar
Shri Tomar emphasizes that progress in the agriculture sector will help in making the country self-reliant; the COVID crisis has shown that Indian farmers are capable of overcoming any difficult situation
[…]
Agriculture & Commodities
Agriculture & Farmers Welfare Ministry launches Sahakar Mitra
Union Minister for Agriculture & Farmers’ Welfare Shri Narendra Singh Tomar launches Sahakar Mitra: Scheme on Internship Programme, an initiative by National Cooperative Development Corporation
[…]
Agriculture & Commodities
Revival 5 Fertilizers Plants on cards: Mandaviya
Union Minister of State for Chemicals and Fertilizers Shri Mansukh Mandaviya held a review meeting with officers of Department of Fertilizers on the progress of revival of 5 Fertilizers plants through video conference . […]
Agriculture & Commodities
811.69 LMT food grains stock available with Food Corporation of India
811.69 LMT food grains stock available with Food Corporation of India
Under Atma Nirbhar Bharat Package, 22,812 MT of food grains distributed to 45.62 lakh beneficiaries in May and June; 2,092 MT gram also distributed by States/UTs
Under PMGKAY, from April-June 82.16 LMT Food grains distributed to around 164 crores beneficiaries […]
Agriculture & Commodities
Efforts to increase Saffron and Asafoetida production in India
Saffron and Heeng (asafoetida) are the most valuable spices of the world and widely used in Indian cuisine since time immemorial. In India, the annual demand for Saffron spice is 100 tons per year but its average production is about 6-7 tons per year. […]
Agriculture & Commodities
Paswan directs officials to clear outstanding payments of sugarcane farmers
The Union Minister for Food & Public Distribution and Consumer Affairs, Shri Ram Vilas Paswan held a review meeting with Secretary, Shri Sudhanshu Pandey and other senior officials of the Department of Food & Public Distribution here today. […]
Agriculture & Commodities
Coal India opens 3 new coal mines
Coal India Subsidiary Western Coalfields Ltd (WCL) opened 3 new coal mines in Maharashtra and Madhya Pradesh today having a combined annual production capacity of 2.9 million tonnes (MT). […]
Agriculture & Commodities
DFPD refutes news regarding the distribution of food grains & pulses
The Department has pointed out the lifting and distribution of 120 LMT of foodgrains is ongoing. The FCI and agencies have maintained the supply chain very efficiently even during complete lockdown. […]
Agriculture & Commodities
Dharmendra Pradhan mulls on Developing Steel Fabrication Cluster
The steel fabrication cluster envisaged will give boost to the MSME sector in the region, facilitate employment generation and give impetus to the local economy. […]
Agriculture & Commodities
Coal Ministry to improve efficiency and promote ease of doing business
Ministry of Coal has taken initiatives to re-visit old laws with an aim to improve efficiency, ease of doing business and to open up coal sector which would result in improving domestic coal production and reduce imports […]
Agriculture & Commodities
Historical Boost to Rural India, Farmers, and Agri Sector from PM
The Union Cabinet chaired by Prime Minister Shri Narendra Modi met on 3rd June, 2020. Several landmark and historic decisions were taken in the meeting, which will go a long way in helping India’s farmers while also transforming the agriculture sector. […]
Agriculture & Commodities
Minimum Support Prices (MSPs) for all mandated Kharif crops increased
The Cabinet Committee on Economic Affairs (CCEA) chaired by the Hon’ble Prime Minister Shri Narendra Modi has approved the increase in the Minimum Support Prices (MSPs) for all mandated Kharif crops for marketing season 2020-21.
Agriculture & Commodities
Agroecology and Natural Farming Could Accelerate Economic Growth in India
International experts in a convention organized on 29 May by NITI Aayog endorsed efforts to significantly boost agroecological and natural farming approaches in India. […]
Agriculture & Commodities
Indian Edible Oil Industry: Trends, Opportunities and Roadmap
In India, the demand for Edible oil is so high that local productions are inadequate. However, this could change if the production is increased and new opportunities are identified within the country. […]
Agriculture & Commodities
GLOBOIL India 2020 rescheduled to 30th Oct 2020
The much awaited event in the Edible Oil and Agri Trade industry which is also the 25th Anniversary of the event has been rescheduled to be held from 30th October 2020 to 1st November 2020 and relocated to Taj GOA […]
Agriculture & Commodities
N-95 Masks becomes an essential commodity; hoarding & black marketing disallowed
The Government has notified N-95 Masks as an essential commodity under Essential Commodities Act. Thus, hoarding, black-marketing of the essential commodity is punishable offence under the Act […]
Business
Trade Surplus of $0.16B in Foreign Trade for April 2020
Government of India, Ministry of Commerce and Industry released the Foreign Trade statistics of the country for the period of April 2020. Trade Shows surplus of 0.16 Billion […]
Agriculture & Commodities
PM Modi holds a meeting to discuss ways to boost agriculture sector
May 02: PM Narendra Modi held a meeting today to deliberate on the issues and reforms required in the Agriculture […]
Markets
Intelligent Investing in Forex market, tips to increase profitability
Learn the basics of the forex market in India. This will cover trading into currency for short term and long term, the risk involved in the forex market […]