After a great 23% growth last fiscal year, the agrochemical sector will grow by 15–17% this fiscal year. This growth is mostly due to strong exports and stable domestic demand. Crisil, a rating agency, said that the revenue will grow by another 10–12% in the next fiscal year. This is...
The Petroleum Ministry may decide soon to change the price of ethanol made from food grains that have been damaged. Even though the industry has been asking for a higher rate for ethanol, sources say it is likely that the oil marketing companies (OMCs) will change it to ₹58.50/litre from...
Christmas holidays, low arrival & local demand lead to dust prices up in the Kochi auction In Kochi auctions, CTC (crush, tear, curl) dust prices went up because of strong local demand. There was no sale next week because of the Christmas holidays, and fewer shipments came in. In sale...
India rabi crops sowing up by 620,62 lakh Ha, 4.4% more than last year As of Friday, farmers in India had planted rabi crops on 620,62 lakh hectares, which is 4.4% more than the same time last year. This is according to data from the Union Farm Ministry. At this time last year, the total...
Niti Aayog: MSP can only ensure a stable price, not the best price Ramesh Chand, a member of Niti Aayog, said on Friday that the minimum support price (MSP) for crops can guarantee stable prices, but not always the best prices. The best prices can only be guaranteed by fair competition on...
