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Rajendra Jadhav

Exclusive - India puts on hold proposal to cut import duty on edible oils: sources

3:14am EDT

NEW DELHI/MUMBAI India has put on hold a proposal to reduce import duties on edible oils as cooking oil prices started to fall in the world market after hitting record highs, two government and one industry officials told Reuters.

Explainer - Why is India losing sleep over record high vegetable oil prices?

Jun 15 2021

NEW DELHI India, the world's top importer of vegetable oil, will have to spend billions of extra dollars this year to buy more costly cooking oil from overseas and is mulling cutting taxes on those imports to soften the blow to the economy, industry officials have said.

Monsoon covers two-third of India earlier than usual, to accelerate crop sowing

Jun 14 2021

MUMBAI India's annual monsoon rains have covered two-third of the country, nearly a fortnight ahead of the normal schedule, a weather department official said on Monday, adding that conditions are favourable for further advancement into the north-western parts this week.

Indian jewellers lift shutters; discounts prevail in top hubs

Jun 11 2021

Physical gold demand crept up this week in top hubs India and China though dealers were still forced to offer discounts, while businesses limped back to life in India as some COVID-19 restrictions were eased.

India raises local rice purchase price amid farmer protests

Jun 09 2021

MUMBAI India has raised the price at which it will buy new-season common rice varieties from local farmers by 3.9%, the agriculture minister said, as New Delhi tries to please farmers that have been protesting over three new agricultural laws.

UPDATE 1-India's booming corn exports amid global rally ease supply worries

Jun 09 2021

* Indian corn quoted below $300/T versus LatAm corn at $330/T

India's booming corn exports amid global rally ease supply worries

Jun 09 2021

SINGAPORE/MUMBAI India has stepped up corn exports as a rally in global prices to their highest since 2013 has made shipments from the South Asian country competitive, easing concerns about rising food inflation in Southeast Asia.

Analysis-India's vaccine inequity worsens as countryside languishes

Jun 07 2021

NEW DELHI/SATARA, India Urban Indians are getting COVID-19 shots much faster than the hundreds of millions of people living in the countryside, government data shows, reflecting rising inequity in the nation's immunisation drive. | Video

India gold market still muted, China flips to discount

Jun 04 2021

Indian gold dealers offered the biggest discounts in 8-1/2 months this week as COVID-19-related restrictions stifled consumption, while top consumer China flipped to a discount for the first time since late January.

ANALYSIS-India's vaccine inequity worsens as countryside languishes

Jun 04 2021

NEW DELHI/SATARA, India, June 4 Urban Indians are getting COVID-19 shots much faster than the hundreds of millions of people living in the countryside, government data shows, reflecting rising inequity in the nation's immunisation drive.

World News

Iran election set to hand presidency to hardline judge

Iranians choose a president on Friday in a contest likely to be won by a judge fiercely loyal to the religious establishment, although large numbers of people are expected to ignore the vote due to discontent with economic hardship and hardline rule.