14-05-2026
The government on Wednesday announced a hike in the Minimum Support Price (MSP) for paddy by ₹72 to ₹2,441 per quintal for the 2026-27 kharif marketing season, while sharper increases for pulses, oilseeds and cotton were aimed at reducing import dependency and encouraging crop diversification.
14-05-2026
The Organization of the Petroleum Exporting Countries (OPEC) has lowered its forecast for global crude oil demand growth in 2026 to 1.2 million barrels per day (bpd) from 1.4 million bpd projected earlier, citing slower consumption expectations across major economies in its latest monthly oil market report.
14-05-2026
Grain prices remained largely steady across key spot markets in the country on Wednesday, with traders citing balanced demand-supply dynamics for wheat, maize and rice.
14-05-2026
Gold and silver futures surged sharply on Wednesday after the government increased import duties on precious metals to 15%, triggering a rally in domestic bullion markets amid concerns over rising import costs.
14-05-2026
India’s vegetable oil imports rose sharply by 13% during the first half of the 2025-26 oil year, highlighting the country’s continued dependence on overseas supplies to meet domestic cooking oil demand.
13-05-2026
India’s ethanol supply to oil marketing companies crossed the 5-billion-litre mark by April in the current ethanol supply year, but grain-based distilleries are struggling to keep pace with supply commitments, highlighting operational and accounting challenges in the country’s ambitious blending programme.