Commodities

India’s food grain stocks likely to cross 70 million tonne next month, lower than last year

India’s food grain stocks likely to cross 70 million tonne next month, lower than last year Our bureau New Delhi, May 27: The food grain stocks with the Indian government bodies including Food Corporation of India (FCI) and state government owned bodies is likely to cross 70 million tonne at[…]

India to transport rice to its north-east region using Bangladesh route for saving on transportation cost and time

India to transport rice to its north-east region using Bangladesh route Our bureau New Delhi, May 25: After months of talks, India is all set to transport rice meant for distribution through Targeted Public Distribution System (TPDS) to Tripura and other north-eastern states using Bangladesh route, thus cutting down on[…]

India’s foodgrain production estimated at a record 264 million tonne for 2013-14

India’s foodgrain production estimated at a record 264 million tonne for 2013-14 Our bureau New Delhi, May 17: The Indina government yesterday revised upwards foodgrain production estimates by over 1 million tonne to a record 264.38 million tonne for the 2013-14 crop year mainly attributed to record wheat and rice[…]

Private bulk wheat buyers returns to Punjab grain market, may lift 3 lakht tonne this season

Private bulk wheat buyers returns to Punjab grain market, may lift 3 lakht tonne this season Our bureau New Delhi, May 11: Wheat purchase by private bulk buyers is likely to cross 3 lakh tonne in Punjab in the ongoing procurement season (2014-15), close to double of what was bought[…]

Indian Govt’s wheat open market sale scheme comes to an end with 5.8 mt sold to bulk buyers

Indian Govt’s wheat open market sale scheme comes to an end with 5.8 mt sold to bulk buyers Our bureau New Delhi. Mar 13: The government’s move to sell excess wheat stocks through Open Market Sale Scheme (OMSS) to bulk buyers has winded up with Food Corporation of India (FCI)[…]

Rice procurement crosses 20 million tonne mark, slower than last year

Our bureau New Delhi, Jan 22: The government’s rice procurement drive forĀ  the ongoing kharif marketing season 2013-14 today surpassed 20 million tonne (mt) mark. However the rice procurement which formally commenced for the year at the start of October last year has been more than 8% less than the[…]