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ILA COMMODITIES INDIA
US imports pressure sends corn, soybean prices downIndian corn and soybean prices dropped Wednesday. This follows a new trade deal allowing duty-free imports of U.S. soyoil and animal feed. ...
FY25 gold bond float target cut by 38%Net issuances of the sovereign gold bonds (after factoring in redemption) are now pegged at ₹15,000 crore in this fiscal, against ₹26,138 c...
After electoral setback, Modi may be forced to amend India's food policyFacing policy challenges after recent election losses, Indian Prime Minister Narendra Modi grapples with controlling food inflation without...
Sovereign gold bond issue for FY25 pegged 10% higher at Rs 29,638 croreThe government plans to issue sovereign gold bonds worth ₹29,638 crore in FY25, a 10% increase from the current fiscal year. This surge in ...
India's food price surge forces government measures to improve suppliesWhile annual retail inflation was at a 15-month high of 7.44% in July, food price inflation rose to 11.5%, its highest in more than 3 1/2 y...
India headed for driest August in over 100 years, summer crops at riskIndia is experiencing its driest August in over 100 years due, in part, to the El Nino weather pattern, according to sources. Weather offic...
Weather threatens Indian winter crops just before harvestingIndia's weather department has warned key growing states in central, northern, and western regions could receive more rain and hailstorms i...
Heavy showers ahead of harvest season could fuel food prices, spur rate hikesThe increased food prices will ultimately compel the Reserve Bank of India (RBI) to go for another rate hike in order to bring inflation ba...
Modi's farm reform reversal to deter investment in India's agricultureModi's backtracking now seemingly rules out much-needed upgrades of the creaky post-harvest supply chain to cut wastage, spur crop diversif...
Economic Survey 2014: Meet some of the key people behind the surveyHere’s a look at some of the key people behind the document that was presented in Parliament, a day ahead of the budget as per tradition.
- Rupee may depreciate further unless we have better policies: Ila Patnaik, NIPFP
Rupee could depreciate further unless we improve policies and I can easily see whatever foreign investment is coming even more of that goes...
- RBI ups home rates, cars to turn costlier
Duvvuri Subbarao surprised investors with a higher-than-expected interest rate increase that will make homes, cars and building of factorie...