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Fitch cuts India growth forecast to 6.6 for FY20

India, June 18 -- Credit rating agency Fitch has lowered India's growth forecast to 6. 6% for the current fiscal from 6.8% projected earlier as manufacturing and agriculture sectors showed signs of sl... Read More


India increases base import price of Crude Palm Oil by 11 per tonne

India, June 17 -- India has increased the base import price of crude palm oil by $11 to $525 per tonne the government said in a statement. Import tariff value on RBD palm oil raised by $10 to $556 per... Read More


India levies retaliatory tariffs on 28 US products

India, June 17 -- India will impose higher tariffs on 28 American products including almonds apples and walnut effective June 16 the government said in a notification. The retaliatory tariffs triggere... Read More


India s Palm Oil imports climb 65 in May

India, June 17 -- India's palm oil imports climbed 65% in May from a year earlier due to lower import duty and a drop in prices a leading trade body said. Palm oil imports totalled 818 149 tonnes last... Read More


Govt hikes Cashew import prices to support domestic industry

India, June 14 -- The government has increased the minimum import price (MIP) of broken cashew kernels by nearly 138 per cent and by 280 per cent for whole kernels. According to a notification issued ... Read More


WPI inflation slips to nearly 2 year low at 2.45 in May

India, June 14 -- Wholesale price-based inflation slipped to 22-month low at 2. 45% in May helped by falling prices of food articles fuel and power items according to an official data.The Wholesale Pr... Read More


MCX Mentha Oil may trade between 1310.1 1371.3 levels

India, June 14 -- Technically Mentha Oil market is under fresh buying as market has witnessed gain in open interest by 3. 64% to settled at 569 while prices up 26 rupees.Now MCX Mentha Oil is getting ... Read More


OPEC s Oil output falls to 29.88 million bpd in May

India, June 14 -- Oil output from the Organization of the Petroleum Exporting Countries (OPEC) fell in May hitting a five-year low as the group warned that U. S.-China trade tensions could lead to slo... Read More


India s Sugar production may fall 15 on dry weather

India, June 14 -- Sugar production in India the world's second largest producer of the sweetener could fall as much as 15% in 2019/20 as severe drought hits a key growing region industry sources said.... Read More


MCX Silver likely to move in a range of 36500 37424

India, June 14 -- Technically MCX Silver is getting support at 36802 and below same could see a test of 36500 level And resistance is now likely to be seen at 37264 a move above could see prices testi... Read More