RBI hikes repo rate by 25 bps, inflation outlook mixed
Chennai, Feb 8 (IANS) The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Wednesday hiked the repo rate by 25 basis points to 6.50 per cent. Wednesday's MPC meeting is the...
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TR/CC CRB Wheat News & Analysis
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Second sale of wheat to be held through e-auction on Feb 15
New Delhi, Feb 4 (IANS) With a view to address the issues surrounding rising prices of wheat and Atta, the second sale of wheat through e-auction will be held throughout the country on...
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9.2 lakh metric tonnes of wheat sold through e-auction by FCI
New Delhi, Feb 3 (IANS) Over 1,150 bidders participated in the first week of e-auction of wheat and a quantity of 9.2 lakh metric tonnes was sold across the country by Food Corporation of...
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Food Secy reviews sale of wheat at nominal price of Rs 29.50 per kg
New Delhi, Feb 2 (IANS) Food Secretary Sanjeev Chopra on Thursday reviewed the progress of sale of Atta (wheat flour) at Rs 29.50 per kg through various outlets to consumers, a move aimed at...
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E-auction of wheat for sale in open market begins
New Delhi, Feb 2 (IANS) The Food Corporation of India (FCI) offered 22 lakh metric tonnes of wheat out of its 25 lakh metric tonnes stock for sale through open market in the first e-auction...
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Ukraine's grain harvest to reach 49.5 mn ton this year: Forecast
Kiev, Feb 2 (IANS) Ukraine is forecast to have a grain harvest of about 49.5 million ton this year, the Interfax-Ukraine news agency reported, citing a forecast by the Economy...
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Budget focusses on women empowerment, green growth: Sitharaman
New Delhi, Feb 1 (IANS) Finance Minister Nirmala Sitharaman on Wednesday said that the focus of the Union Budget 2023-24 is on women empowerment, green growth and artisans as well as the...
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Pakistan's Kashmir, Gilgit-Baltistan short on food, fuel & finance
Islamabad, Jan 31 (IANS) In a contrast that may seem cruel, Pakistans snow-bound north is feeling the heat of shortages – of food, fuel and finance – and frustration among the people of the...
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January vehicle sales expected to be good: Emkay Global
Chennai, Jan 30 (IANS) Sales of passenger vehicles (PV), commercial vehicles (CV) in January 2023 are expected to be good as per its channel checks, said Emkay Global Financial...
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Cong to corner govt on runaway wheat flour prices, mounting national debt
It will also corner the government on the mounting national debt, which has risen by 250 per cent since 2014, when the Manmohan Singh dispensation was voted out. The Congress says that the...
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Govt to facilitate sale of 25 lakh metric tonnes wheat in open market from Feb 1
New Delhi, Jan 27 (IANS) The government is going to offer 25 lakh metricAtonnes of wheat for sale from February 1, under the open market sale scheme, for which tenders will be uploaded by...
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Govt to sell 30 LMT wheat under open market scheme to ease prices
New Delhi, Jan 25 (IANS) To ease rising prices of wheat and atta, the government on Wednesday approved a proposal for sale of 30 lakh metric tonnes of wheat under the open market sale...
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Pakistan heading towards economic meltdown
New Delhi, Jan 24 (IANS) With over 9,000 containers still stuck at seaports threatening to break the supply chains of essential goods, concerns have reached their peak that Pakistan is fast...
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Turkey hit by severe drought amid lack of rain
Ankara, Jan 21 (IANS) Turkey is experiencing a severe drought as dams around the country's major cities have reached low levels amid a lack of rain and an unusually warm winter stemming from...
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Time for PoJK to reunite with India?
New Delhi, Jan 19 (IANS) In October last year, India's Defence Minister Rajnath Singh said that India's northward development journey had just begun and would end only when "we... reached...
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Measures being taken to bring down wheat prices: Food Secretary
New Delhi, Jan 19 (IANS) The Central government on Thursday said that it has been taking measures to bring down domestic prices of wheat (atta), which had risen to record limits earlier this...
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UN wants to increase aid to frontline areas of Ukraine
United Nations, Jan 19 (IANS) The UN has said it aims to increase convoys carrying aid to parts of Ukraine "close to the frontlines," supporting local volunteers and organisations. The UN...
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Goa's sugarcane farmers in distress as they find no buyers
The president of Goa Us Utpadan Sanghatana (Sugarcane Producers Association) Rajendra Desai told IANS that though the season of harvesting has started, there are no 'buyers' from...
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Goyal warns of strict action against those found involved in corruption
New Delhi, Jan 14 (IANS) The transformation of the Food Corporation of India (FCI) should be done on a fast track mode so that the organisation can continue to help the people, the poor and...
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Brazil estimates over 301 mn tonnes in grain production for 2022-2023
Brasilia, Jan 13 (IANS) Brazilian grain production will reach 310.9 million tonnes in the 2022-2023 cycle, a growth of 14.5 per cent compared to the previous period, according to the...
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After flour, prices of pulses going up in Pakistan
Karachi, Jan 13 (IANS) Just when the prices of wheat flour are soon going to ease, following a merciless upward trend witnessed over the past few months, another fundamental kitchen...
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Centre names new scheme for distribution of free ration for one year
New Delhi, Jan 11 (IANS) The Central government has named the scheme for distributing free ration under the National Food Security Act (NFSA) for a period of one year till December 2023, as...
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Skyrocketing prices making flour inaccessible in Pakistan
Islamabad, Jan 10 (IANS) Skyrocketing wheat flour prices have kept the food staple inaccessible for many in Pakistan as varied rates of grain and its by-products in provinces continue to...
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`Procurement and free distribution of rice/wheat reduced wealth inequality during Covid in India'
Chennai, Jan 9 (IANS) The Covid-19 pandemic is a leveller with the poor being protected through food transfers and other support measures while there was a decline in the income of the rich,...
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Balochistan runs out of wheat, sends SOS
Islamabad, Jan 9 (IANS) Despite an SOS sent by the Balochistan government, no consignment of wheat reached the Pakistani province, the media reported. At a press conference on Saturday...
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Are we witnessing the end of the vile state of Pakistan?
The war in Ukraine has shattered the dream of a cohesive and sustainable economic model called the European Union. It has brought Europe and NATO to the brink of a wider conflict that could...
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Bridging India's edible oil gap with mustard oil (Opinion)
However, in spite of being the world's largest producer of millets and the second largest producer of wheat and rice, India faces a chronic shortage of edible oil and is compelled to bridge...
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