India's fast-moving consumer goods (FMCG) sector grew 5.7 per cent by value and 4.1 per cent by volume in the July-September quarter driven by rural demand, consumer intelligence firm NielsenIQ said in its quarterly update on Thursday. Price-led growth stood at 1.5 per cent. According to NielsenIQ data, rural volume growth outpaced urban markets for the third straight quarter despite consumption softening in both regions.
Still unsure of its ability to procure wheat from the market, the Centre has extended the tender dates for import of 1 million tonne wheat.
India on Friday lifted a 28-month ban on wheat export by allowing export of 900,000 tonnes of the grain by government-owned trading agencies.
India today lifted a 28-month ban on wheat export by allowing export of 900,000 tonnes of the grain by government-owned trading agencies.
India's wheat procurement in the ongoing Rabi marketing season has already crossed a record 10 million tonne.
After United States, Canada is eyeing wheat sales to India. Canadian Wheat Board senior official Bruce Burnett said that Canada is looking forward to export wheat to India.
Gold medallist Arshaf Nadeem brings Pakistan's first medal home to hero's welcome
The paramilitary Rangers, which were called in to maintain law and order in the disputed region, came under attack while moving out of the region, the Dawn newspaper reported.
Centre could ban wheat import from Bangladesh, apart from restricting cultivation in West Bengal and Assam
To buy 200,000 tonnes by December but long-term deal prospects stuck on quality concerns; govt to consult labs
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, the world's second-biggest wheat consumer, may import up to 5 million tonnes of wheat this year, said Union agriculture minister Sharad Pawar a few days ago.
The Reserve Bank of India on Friday retained its projection for retail inflation at 4.5 per cent for the current fiscal assuming a normal monsoon, while emphasising that uncertainties related to food price outlook warrant a close monitoring. Consumer Price Index (CPI)-based retail inflation has been projected at 4.5 per cent with quarter-wise projections at 4.9 per cent in Q1 (April-June), 3.8 per cent in Q2, 4.6 per cent in Q3, and 4.5 per cent in Q4.
India, the world's second largest producer, had produced a record of 80.71 million tonnes wheat in 2009-10 crop year (July-June) despite a severe drought. Wheat is grown only in rabi season.
Pair this with bhaat or steamed rice for a simple, sumptuous meal.
Give a healthier and tastier upgrade to your regular thalipeeth.
This special Maharashtrian sweet is made by the CKP community just before Ganesh Chaturthi.
India on Thursday fixed the price of wheat sold to exporters from this year's new crop at Rs 5,550 ($118.4) a tonne, a government statement said.
As anticipated, the Central government's wheat procurement operations have failed to meet the target and lagged behind last year's purchases.
Pawar said the decision to float a fresh wheat import tender on government account this week was also correct.
The controversy over wheat imports is refusing to die down. In yet another questionable move, the State Trading Corporation of India on Thursday
The downward trend in prices might continue as demand is unlikely to recover in May. Moreover, increased production has also put pressure on prices of commodities.
The Central government is in a piquant situation now as far as wheat import is concerned. The government wants the bidders for the 1 million tonne wheat import contract to reduce their prices for the bid.
India's Agriculture Minister Sharad Pawar admitted in the Parliament that the procurement of wheat is slow, and time-consuming.
The government has also swung into action to ensure that it is able to procure adequate quantities and avoid imports at exorbitant rates.
Craving for a traditional Maharashtrian breakfast that's delicious and healthy?
In 2006, FCI's procurement fell sharply to 9.2 million tonnes from 14.8 million tonnes in the previous year, forcing the government to import 5.5 million tonnes.
In Uttar Pradesh, it seems, there are no takers for the government agencies as far as wheat collection is concerned.
The government has also extended duty free import of wheat till December 31, 2007.
With wheat harvest going on in many states, experts feel that the sudden rise in mercury is going to affect the late sown crops, putting a dent on the overall production of the food grain.
Despite volume growth in the export segment and strong demand in the domestic market, pricing uptick is eluding Indian agrochemical companies.
India on Wednesday ruled out the need to import wheat this year, as it appears poised to surpass the 15 million tons procurement target. Agriculture and Food Minister Sharad Pawar said that the govt is confident of procuring 16-17 million tons of wheat this year. As per govt estimate wheat production was pegged at 76.78 million tons for 2007-08 crop year ending May this year. He noted that wheat price is stable due to ample availability backed by a bumper production.
Certain foods can help prevent flare-ups by reducing the production of stomach acid and soothing the digestive system, says Dr Gaurav Kumar Patil.
Africa, Middle East top destinations for Indian wheat.
India may become a wheat importing country with a lower than expected output forecast for this year at a time when domestic consumption has already outpaced production, a commodity expert said on Tuesday.\n\n
The rains after arriving over Kerala will quickly cover Tamil Nadu and Karnataka, but then might slacken a bit, which could delay its arrival over Northwest India.
If you need to up your energy levels without indulging in high sugar or high-calorie foods, here's the way to go.
India is set to experience extreme heat during the April to June period, with the central and western peninsular parts expected to face the worst impact, the IMD said on Monday as the country prepares for seven-phase general elections from April 19.
At this point it is still anyone's game, with a draw also an option, says Prem Panicker in his analysis of Day 4.
