In a move to express the state's displeasure, Punjab Chief Minister Parkash Singh Badal has sought a meeting with Prime Minister Manmohan Singh over the issue of importing wheat at a higher price of $317-$330 per tonne.
India's edible oil imports rose by 41 per cent to touch 5.47 lakh tonnes in June against 3.88 lakh tonnes a year-ago, according to figures released by the Solvent Extractors' Association of India.
The exotic brew from West Bengal is facing an onslaught from 'original' duplicates.
Futures trading is here to stay. That is the message emerging from the commodity exchanges in India. Futures trading in commodity exchanges reached a whopping Rs 8,97,816 crore (Rs 8,978.16 billion) till June-end in the current financial year.
Faced with a huge rise in cotton prices, the South India Small Spinners Association has urged the Centre to ban export of raw cotton.
Export of coffee across the globe has witnessed a big leap in the crop year that began in October.
Vidarbha, the land of farmers' suicides, may soon witness changes in cultivation methods.
India may be the largest consumer of gold in the world; but not only that the quantity of gold that the country produces is dismal, but it plays no influencing role in determining the pricing of the yellow metal.
Voices of concern over cumin seed and pepper delivery and quality standards were aired at a meeting of traders and hedgers called by the Forward Markets Commission.
If anyone asks who should be named the pioneer of online Futures trading exchanges in commodities, the first name that would prop up will be that of Kailash Gupta.
The neo classical economists will have great pleasure in knowing that the Indian farmer has now acted in accordance with the basic assumptions of their theory.
More than 85 percent of gold mined today will end up as jewelry tomorrow. Gold mining is not an essential industry like the harvesting of food or even paper production. It is certainly not sustainable, nor is it just.
Investors and traders in India have been making money on silver futures in the last two months.
Amendments to the Agriculture Produce Market Committees Act have opened floodgates for private companies and online commodity exchange in Gujarat.
The Indian government had asked the US Administration to ensure that American millers meet strict quality norms to the wheat to be imported to India.
India's organic farming efforts will see a sea change in the tea sector following the launch of the project to develop organic black tea with funding from the Amsterdam-based Common Fund for Commodities, a UN body.
Russia had imposed a complete ban on import of these commodities originating from India citing poor quality with affect from May 1, 2007.
India's good old 'mandis' are all set to make way for swanky spot exchanges soon. In two months' time, winds of change will sweep across the country's agricultural sector with the launch of electronic spot exchanges.
Gold sentiment is turning positive as investors are more concerned about sluggish US growth, spreading impact of sub-prime housing woes, which could weigh on dollar.
According to said M L Parekh, Director of All India Spices Exporters Forum, exporters will also demand lowering of the margin requirements of pepper during the meeting.
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