wheat production

Record wheat production could allay worries over shortages Production of Rabi was recorded at 114 MT

The government anticipates a strong rabi crop this year, with yields reaching an all-time high of 114 million tones, despite worries about wheat inventories falling to a seven-year low. This allays worries that a grain scarcity might drive up retail costs. Wheat prices have been high for over a year, although they have somewhat decreased…

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Gold prices continue to decline despite longer-term increases in rates

Amidst growing speculation that the Federal Reserve will maintain higher interest rates for an extended period, gold prices declined during Asian trading on Monday. Nevertheless, the yellow metal managed to remain above crucial levels due to safe-haven demand and short-term dollar weakness. In January, traders unwound bets that the Fed would start lowering interest rates…

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renewable green energy

Budget anticipated to support renewable energy

In keeping with the government’s goal of tripling the amount of green energy capacity to 500 GW by 2030, the renewable energy industry might benefit from the impending interim budget. Following their meetings with government officials, business leaders expressed optimism about more funding, especially for renewable energy sources including wind, solar, and bioenergy. They also…

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Seasame prices may increase in areas with less supply

The Centre for Agricultural and Rural Development Studies, Tamil Nadu Agricultural University, Coimbatore, funded by the TN­IAM Project, predicts that prices for sesame will likely move north, but they could also fluctuate depending on the monsoon and arrivals from other major producing States. The oilseed prices that dominated the Sivagiri Regulated Market in the Erode…

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Coal India receives Cabinet approval for 21,000 crore in thermal power investments.

The state-run Coal India received approval from the Union Cabinet on Thursday to make significant investments in the thermal power industry. Among these is the coal miner’s establishment of two thermal power plants, which will require a total of over Rs 21,000 crore in investments. The investments made by Coal India subsidiaries are divided up…

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