Agri Commodity

Frequent ban on the trading of agri-commodities have dampened the mood of exchanges as well as traders. Now, Sebi is trying to understand the concerns and address them.

Will this interim budget focus on Agritech and rural development? Commodities Corner

The government is likely to significantly enhance allocation for key farm sector schemes and push credit in the interim Budget to boost rural economy as growth in the agriculture sector is projected to decelerate to 1.8% in 2023-24 from 4% a year ago. Finance Minister Nirmala Sitharaman is scheduled to present the interim Budget on February 1, which will be the last major economic document of the Narendra Modi-led government ahead of the 2024 Lok Sabha elections. Catch Manisha Gupta in conversation with Chattanathan D, co-founder Arya.ag.

Minimizing India's carbon footprint using bamboo | Commodities Corner

India, ranking as the third-largest global consumer and importer of oil, is actively pursuing a reduction in crude oil consumption by transitioning to eco-friendly alternatives like biofuels. The nation aims to increase the blending of ethanol with gasoline to 20% by 2025. The Assam biorefinery, developed at a cost of 40 billion rupees in collaboration with NRL and Finnish partners Chempolis and Fortum, marks India's pioneering use of bamboo as a feedstock. Catch Manisha Gupta in conversation with Bhaskar Phukan, Managing Director, India's Numaligarh Refinery and KPJ Reddy, Prof-IISc

Agri-commodities exports decline to 17.93 lakh tonnes in Sept: APEDA

Exports of agri-commodities in April and May were around 33 lakh tonnes each. However, shipments of farm items fell to nearly 18 lakh tonnes due to several restrictions on the export of various varieties of rice, including broken rice and non-basmati white rice.

CPAI urges govt, Sebi for resumption of trading in 7 banned agri commodity contracts

To curb inflation, the Securities and Exchange Board of India (Sebi) banned exchanges from launching new derivative contracts of Soyabean, mustard seeds, channa, wheat, paddy, moong and crude palm oil on December 20, 2021.

The government may as well shut down commodity exchanges rather than selective banning 

The government’s penchant for banning trading in several commodities on the plea that it is leading to inflation does not hold water

Why the shipping index is at an 11-year high 

The problem is of a simple supply-demand mismatch--- one where post-Covid a sharp surge in demand has shaken all sectors. On the supply side, a lull in the shipping industry for over a decade has resulted in the supply of fewer ships and containers 

NCDEX's 40 approved warehouses registered under WDRA

In the wake of NSEL payment crisis, sectoral regulator FMC directed NCDEX and other national commodity bourses to register their warehouses with WDRA by the end of this year to ensure quality and quantity of the produce lying with them.