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According to Geojit, The government is considering offloading its reserve stock of about 500,000 tn of chickpeas to cool prices of the commodity, a senior official at the Ministry of Consumer Affairs, Food and Public Distribution told Informist.
According to Geojit, The International Cotton Advisory Committee has forecast global cotton production is likely to increase to 26.33 mln tn in 2024-25, the highest level since 2017-18 driven by rebounds in major producing countries such as the US, India, China, Brazil and Pakistan.
According to Geojit, The Indian subcontinent is likely to receive above-normal rainfall as early stages of La Nina are expected to emerge during Sep -Nov, the World Meteorological Organization said in a global seasonal update on Monday.
According to Geojit, Rainfall across the country today was 11.1 mm, 62% above the normal of 6.9 mm on Monday, the India Meteorological Department said.
Higher demand in the world's second-largest gold consumer could support a rally in global prices, which hit a record high last week. But higher demand for gold imports could increase India's trade deficit and weigh on the rupee
According to Geojit, Farmers in Andhra Pradesh have sown crops over 1.98 mln ha as of Wednesday, up 3% from a year ago, according to data provided by the state's agricultural department.
The highlight of the last week was Fed Chair Jerome Powell's speech at the Jackson Hole symposium. In addition, traders closely monitored the US Fed minutes and flash PMIs.
According to Geojit, Farmers in Telangana sowed kharif crops over 10.1 mln acres as of Wednesday, down 7% from a year ago, according to data provided by the state's agricultural department.
According to Geojit, Farmers across the country have sown kharif crops over 103.1 mln ha as of Tuesday, up 2% from a year ago with notable increase in acreage of paddy and pulses, data from the farm ministry showed.
According to Geojit, India's oilmeal exports in July rose 18% on year to 451,794 tn, according to data released by The Solvent Extractors' Association of India.
Motilal Oswal's commodity head anticipates copper prices can potentially reach new life highs of over $11,000 on the LME and $11,500 later this year as demand recovers.
According to Geojit, The International Grains Council has lowered its estimate for global grain output for 2024-25 by 6 mln tn on month to 2,315 mln tn. IGC in July estimated the global wheat and coarse grains output at 2,321 mln tn.
According to Geojit, Farmers in Telangana sowed kharif crops over 9.4 mln acres as of Wednesday, down nearly 7% from a year ago, according to the state's kharif acreage report.
Additionally, remarks from European Central Bank President Christine Lagarde and Bank of England Governor Andrew Bailey could shape expectations for monetary policy and shift in economic trends
According to Geojit, Farmers in Maharashtra have sown kharif crops over 14.4 mln ha as of Tuesday, nearly 4% higher than the corresponding period last year, according to the state agricultural department.
According to Geojit, The area under kharif crops in Gujarat was 7.7 mln ha, down 4.2% on year, as of Monday, according to the state kharif acreage report.
According to Geojit, Prime Minister Narendra Modi released 109 high-yielding, climate-resilient, and bio-fortified seed varieties of crops at the India Agricultural Research Institute, according to an agriculture ministry release.
According to Geojit, Water level in 150 key reservoirs of the country as of Thursday was 115.736 bcm, 65% of the total live storage capacity of 178.784 bcm, according to data from the Central Water Commission.
Better-than-expected data may keep global markets on a recovery path, while renewed slowdown concerns could once again send markets into a tailspin.
According to Geojit, paddy, maize, tur, groundnut, and cotton are the major crops grown in the state during the kharif season. Tur acreage increased by 46.7% on year to 132,000 ha, with the target set at 254,000 ha for the season.
According to Geojit, Farmers in Gujarat have sown crops across an area of 7.4 mln ha, down 5.8% from 7.82 mln ha last year, as per the state acreage report released on Monday.
According to Geojit, Farmers in Gujarat have sown crops across an area of 7.4 mln ha, down 5.8% from 7.82 mln ha last year, as per the state acreage report released on Monday.
According to Geojit, Farmers across the country have sown kharif crops over 90.5 mln ha as of today, up nearly 3% from a year ago,data from the farm ministry showed.
Several U.S. personnel were injured in an attack against a military base in Iraq on Monday, three U.S. officials told Reuters, as concerns in the region mounted following last week's killing of senior members of militant groups Hamas and Hezbollah.
According to Geojit, Farmers across the country have sown kharif crops over 90.5 mln ha as of today, up nearly 3% from a year ago,data from the farm ministry showed.
