News

  • Govt sets foodgrain output target at 291 MT this season

    Govt sets foodgrain output target at 291 MT this season The government has assumed a modest increase in foodgrains production for the next crop year of 2019-20, starting July, as the last year’s ambitious target could not be achieved as certain crop-producing areas witnessed deficient rainfall even though India Meteorological

  • Weak crop report lift pulses

    Weak crop report lift pulses Even as new summer moong is expected to hit local mandis in the coming days, a weak crop report and non-availability of private stocks lifted moong prices at the mandis in Indore over the past week by ₹400 a quintal. Moong (bold) rose to ₹6,200-6,400 a quintal,

  • Pulses import falls to 2.5 mln tonnes from 6.6 mn tonnes two years ago

    Pulses import falls to 2.5 mln tonnes from 6.6 mn tonnes two years ago After falling to 2.5 million tonnes in FY19 from a peak of 6.6 million tonnes two years ago, imports of pulses are again expected to fall below 10 million tonnes in FY20. When the price of

  • Chana rules steady

    Chana rules steady Amid a delay in the government's purchasing chana at MSP, the pulse has been ruling steady in Indore mandis with chana (kanta) quoted at ₹4,300-4,325 a quintal, while chana (desi) ruled at ₹4,200 and chana (vishal) at ₹4,300-4,400. Chana dal (average) quoted at ₹5,300-5,400, chana dal (medium) at ₹5,500- 5,600, while chana

  • Chana farmers in Maharashtra turn their backs on govt’s MSP, state records lowest procurement

    Chana farmers in Maharashtra turn their backs on govt’s MSP, state records lowest procurement Chana farmers in Maharashtra seem to have turned their backs on the government’s Minimum Support Price procurement programme. The state has recorded its lowest procurement till date with barely 1,700 tonne under the Centre’s Price Support

  • Govt allows only dal millers to import pulses under quota for second year.

    Govt allows only dal millers to import pulses under quota for second year. The government has allowed only dal millers to import the annual permissible quota of pulses, a restricted commodity, for the second consecutive year. The industry expects the number of applications for procuring import licences to increase five-eight

  • Centre begins process for import of 6.5 lakh tonnes of pulses

    Centre begins process for import of 6.5 lakh tonnes of pulses The Centre has laid out the procedure for the import of certain pulses, limited by a cap, at a time when it has a high stock in its own godowns. The Directorate-General of Foreign Trade issued a circular on

  • Commerce ministry lays down procedure for import of certain pulses

    Commerce ministry lays down procedure for import of certain pulses The commerce ministry has laid down a procedure for import of a few varieties of pulses for the current fiscal and has invited applications from millers. According to the ministry's foreign trade arm DGFT, millers and refiners of these pulses

  • Low arrivals lift pulses

    Low arrivals lift pulses Pulse seeds and pulses have been rallying high for the past few days with demand outstripping availability. Chana (kanta) quoted at ₹4,325 a quintal, (up Rs 100 from last week), while chana (desi) ruled at ₹4,225 and chana (vishal) at ₹4,300-4,350 . Chana dal (average) quoted at ₹5,500-5,600, chana dal

  • Chana futures fall 0.89% on muted demand

    Chana futures fall 0.89% on muted demand Read More Chana prices fell 0.89 per cent to Rs 4,475 per quintal in futures trade Tuesday after participants reduced their exposure amid subdued demand at spot market. Profit-booking at higher levels also weighed on the sentiment. At the National Commodity and Derivatives Exchange, chana for