Informist, Tuesday, Jun 6, 2023 --Rice exporters' body: FY24 basmati exports seen at record $5.5 bln--Rice exporters' body: Basmati exports in Apr at $470 mln, up 45% By Sandeep Sinha MUMBAI – For the first time ever, India's basmati rice exports are set to exceed $5 bln in 2023-24 (Apr-Mar), said All India...
Informist, Thursday, Jun 1, 2023 By Arunima Bharadwaj and Priyansh VermaNEW DELHI – The government will review its decision to reduce wheat allocation under the National Food Security Act in some states and replace it with rice once the current procurement season ends, a senior official from the Department of Food and Public Distribution...
Informist, Wednesday, May 31, 2023 By Arunima Bharadwaj and Priyansh Verma NEW DELHI - The government is unlikely to sell wheat under the open market sales scheme for now, a senior official in the Department of Food and Public Distribution said. "There is no such situation that requires government to do open market sales...
Informist, Wednesday, May 31, 2023MUMBAI – Gold holdings with global central banks are likely to rise in the next 12 months as the precious metal is seen as a reserve asset, according to a new survey by the World Gold Council. In the survey, which had responses from central banks from both...
Informist, Tuesday, May 30, 2023 By Arunima Bharadwaj NEW DELHI – Traders and market players are critical of the production estimates for major crops for the 2022-23 (Jul-Jun) crop year, released by the government on Thursday. They expect the output of almost all crops to be much lower than the figures estimated...
Informist, Thursday, May 25, 2023 MUMBAI – India is likely to produce a record 330.5 mln tn food grain in the current crop year ending June, according to the third advance estimate released by the farm ministry today. Production of food grain is seen nearly 5% higher on year. In its second advance estimate released in February,...
Informist, Thursday, May 25, 2023 MUMBAI – India is likely to produce a record 330.5 mln tn food grain in the current crop year ending June, according to the third advance estimate released by the farm ministry today. Production of food grain is seen nearly 5% higher on year. In its second advance estimate released in February,...
Informist, Thursday, May 11, 2023 --OPEC: OECD oil stocks down 31.7 mln bbl at 2.81 bln bbl in Mar--OECD Mar crude stocks 105 mln bbl lower than 2015-2019 avg--OPEC keeps 2023 oil demand growth view unchanged at 2.3 mln bpd--OPEC keeps non-OPEC oil supply growth unch at 1.4 mln bpd in 2023--OPEC's Apr oil production at 28.60 mln bpd, down 191,000 bpd on mo--OPEC keeps 2023 demand view...
Informist, Friday, May 5, 2023 --WGC: India Jan-Mar gold demand at 112.5 tn, down 17% on year--India Jan-Mar net bullion imports at 134 tn, unchanged on year--India gold dore imports in Jan-Mar at 30.3 tn vs 51.7 tn yr ago--India Jan-Mar demand for gold jewellery at 78 tn, down 17%--India Jan-Mar gold recycling at 34.8 tn vs 27.8 tn year ago--India's invest demand for gold 34.4 tn Jan-Mar,...
Informist, Friday, May 5, 2023 --WGC: Gold prices in Jan-Mar averaged $1,890/oz, up 1% on year--Jan-Mar global gold demand at 1,081 tn, down 13% on year--Central banks bought 228 tn gold in Jan-Mar, up 176% on year--Jan-Mar global gold jewellery consumption at 478 tn, unch YoY--Global gold ETF net outflow in Jan-Mar at 29 tn--Jan-Mar global demand for...
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