Industry News

Groundnut farmers in Gujarat aren’t out of the woods yet, as the prices of the oilseed further slipped below ₹3,000 in several spot markets to touch ₹2,900 per quintal against the minimum support

The Bombay Stock Exchange and Soyabean Processors Association of India have entered into a MoU to enable value chain participants manage price risk in a better manner at the soyabean oil complex.

In a move that would instil more investor confidence, Multi Commodity Exchange has enhanced the maximum compensation payable to investors in case of default to Rs 25 lakh from Rs 2 lakh.MCX

Oil prices were little changed on Wednesday ahead of data expected to show rising crude inventories in the United States and as the dollar strengthened from last week’s three-year lows.Bre

Genetic engineering, molecular breeding and organic farming hogged the discussions during the five-day National Banana Festival, the first ever of its kind to be held, that drew to a close in rural

Sugar prices at the Vashi market further weakened by ₹5-10 a quintal on Wednesday as local demand eased. Ample supplies and profit-booking by stockists kept the market under thin volatility.