News

  • Chana steady despite low demand

    Chana steady despite low demand Amid subdued demand, both chana and dollar chana ruled stable with chana (bold) ruling at ₹4,225-50 a quintal, while chana (desi) was quoted at ₹4,150 and chana (vishal) at ₹4,000-4,150. Chana dal (average) quoted at ₹5,100-5,200, chana dal (medium) at ₹5,300-5,400, while chana dal (bold) ruled at ₹5,500-5,600. Dollar chana ruled

  • Kharif sowing picks up pace with improved rainfall

    Kharif planting improved significantly since last week with the sowing shortfall narrowing to 8.61 per cent, covering 413.34 lakh hectares (lh), compared with 452.3 lh covered in the corresponding week last year. Slight improvement in monsoon rainfall helped speed up the pace, according to data released by the Agriculture Ministry

  • India’s pulses import estimated to fall record low of one million tonne

    India's pulses import estimated to fall record low of one million tonne India's pulses imports this year are expected to fall to one million tonnes from 6.6 million tonnes in 2016-17, helping farmers who have been trading their produce below state-fixed minimum support prices (MSP). India consumes around 24-25 million

  • Pulses prices rise 1-8% after govt raises MSP this season.

    Pulses prices rise 1-8% after govt raises MSP this season. Pulses prices have risen by 1-8 per cent after the government raised the minimum support prices (MSP) for the ongoing kharif season. Traders and analysts expect the prices to increase further, with most pulses are selling below the MSP. They

  • Kharif sowing at 5-yr low due to sluggish monsoon

    Kharif sowing at 5-yr low due to sluggish monsoon On July 3, t Read More he Union Cabinet approved an increase of 1% to 9% in the minimum support price (MSP) towards Kharif crops—or the price the government assures to pay farmers for produce sold to it—for the 2019-20 season. While this

  • Pulses witness bearishness

    Pulses witness bearishness Bearish sentiment prevailed in the majority of pulse seeds in Indore mandis on weak physical demand. Tur (Maharashtra) quoted at ₹5,900 a quintal, while tur (Madhya Pradesh) ruled at ₹5,000-5,400. Tur dal (sawa no) quoted at ₹7,200-7,300, tur dal (full) at ₹7,400-7,600, while tur marka ruled at ₹7,900-8,100 a quintal. Moong (bold)

  • Centre hikes MSPs for all kharif crops

    Centre hikes MSPs for all kharif crops Giving a major boost to the farmers’ income, the Cabinet Committee on Economic Affairs on Wednesday approved the increase in the Minimum Support Prices (MSPs) for all kharif crops for 2019-20 Season. The move will lead to increased investment and production through assured

  • Govt to enhance import limit on Tur Dal

    Govt to enhance import limit on Tur Dal Government has decided to enhance the import limit on Tur Dal from two lakh metric tonne to four lakh metric tonne for the year 2019 – 20. Minister of State for Consumer Affairs, Danve Raosaheb Dadarao said this in a written reply in

  • Govt extends parched farm sector higher MSP manna

    Govt extends parched farm sector higher MSP manna With the monsoon playing truant, the Union Cabinet on Wednesday tried to alleviate the suffering of farmers by announcing new floor prices for major kharif crops. The hike in minimum support price (MSP) announced ranged from 1 per cent to 9 per

  • Pulses stable on sluggish demand

    Pulses stable on sluggish demand Barring tur, the majority of pulse seeds and pulses in Indore mandis on Wednesday traded low or ruled stable on sluggish demand. On Wednesday, tur (Maharashtra) quoted at ₹5,800-5,850 a quintal (up ₹100), while tur (Madhya Pradesh) ruled at ₹5,000-5,200. Tur dal remained stable with tur dal (sawa