Category: Commodities News

adminMay 25, 2021
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2min00
New Delhi : The Securities and Exchange Board of India (SEBI) on Friday allowed mutual funds (MFs) and portfolio managers to invest in commodity derivatives to strengthen the market offerings and attract more players. “The Board deliberated and approved the proposal contained in the memorandum to enable the participation by mutual funds and portfolio managers […]

adminMay 25, 2021
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2min00
Canberra : Australia and Brazil have decided to escalate a trade dispute with India over sugar subsidies before the World Trade Organisation (WTO), Canberra said. Trade Minister Simon Birmingham announced this late Wednesday after it was decided that subsidies paid to Indian sugar farmers was leading to an abundant global supply of sugar and significantly […]

adminMay 25, 2021
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5min00
Greater Noida : Prime Minister Narendra Modi on Monday said that the world has seen crude prices on a roller-coaster ride for too long and there was a need to move to responsible pricing which balances the interests of both the producer and consumer. Addressing the Petrotech 2019 global energy conference here, Modi also emphasised […]

adminMay 25, 2021
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5min00
By Bappaditya Chatterjee, Kolkata : Targetting 300 million kg of exports by 2020, tea planters have told the government that the key to this lies in incentivising production of orthodox (full leaf) tea and boosting the Merchandise Exports from India Scheme (MEIS). “We are mainly focusing on exports and have given proposals to incentivising this […]

adminMay 25, 2021
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3min00
New Delhi : The Union government has made February 1 the cut-off date for the determination of ownership of land under the newly-announced PM KISAN scheme and any changes thereafter will not be considered for eligibility of the benefit to the new land-holder for next five years. However, the scheme benefit will be allowed on […]

adminMay 25, 2021
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1min00
Kuwait : Kuwait Petroleum Corporation (KPC) announced Sunday that it will host the fifth Annual Strategic Energy Forum for the Gulf Cooperation Council (GCC) countries, with the participation of 250 to 300 specialists representing international petroleum companies. KPC said in a press release that the forum will be held this coming Tuesday under the patronage […]

adminMay 25, 2021
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4min00
By Saurabh Katkurwar, New Delhi : The revelation that many Custom Hiring Centres (CHC) are not transferring to farmers in north India the benefits of the subsidy on renting agricultural machinery to avoid burning of post-harvest stubble has forced the government to devise a mechanism to keep a tab on them. The CHCs get financial […]


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