calender_icon.png 14 May, 2026 | 3:14 PM

Market/Money

Govt raises MSP for kharif crops; sunflower, cotton see sharp hike

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.

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OPEC cuts 2026 oil demand forecast

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.

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Grain mkts steady; maize outlook turns bullish on acreage fears

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.

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Bullion futures surge after duty hike

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.

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India’s palm oil frenzy sends edible oil import bill soaring

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.

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India’s ethanol targets under pressure as grain supplies continue lagging

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.

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