The company said the reasons for the price hike are to partially offset the impact of constant increases in input costs largely driven by pricier commodities, fluctuations in foreign exchange rates, inflation and also due to regulatory obligations.
Key commodities exported to Australia are plain gold jewellery, studded jewellery, and cut and polished diamonds. The main commodities imported from Australia are precious metals -- gold and silver bars.
The market prices of wheat remained continuously higher than the MSP throughout the procurement period across the country and the the farmers could reap higher remuneration for their produce which is the main objective of the government's policy, Union Food Secretary said.
One of the best practices on FPS transformation was demonstrated by the secretary, the government of Tamil Nadu, highlighting multiple initiatives undertaken such as selling of commodities, minor millets, grocery items, ISO certification of FPSs during his presentation, according to an offic
New Delhi [India], November 17 (ANI/BusinessWire India): Poshn, a platform for wholesale processed commodity distribution & financing has announced that it is now the top trader of sugar and oil in Delhi NCR. Poshn provides a seamless and efficient procurement platform, especially for bu
Various measures like reduction in import duties and cess on pulses, rationalisation of tariff, imposition of stock limits on edible oils and oilseeds, buffer stock maintenance of onion and pulses have all helped in restraining the soaring commodity prices due to pandemic-induced, supply-dem
The removal of wholesalers and big chain retailers from the stock limit order would allow them to keep various varieties and brands of edible oils, which they are unable to keep at present due to the limits imposed.
Indian diplomat R Madhu Sudan said the Black Sea Grain Initiative had provided a glimmer of hope for peace in Ukraine and helped contribute to lowering the prices of wheat and other commodities.
New Delhi [India], October 14 (ANI): There is an urgent need to allow exchange trading in palm oil and soybean oil as an absence of futures trading, which facilitates hedging, has led to "heavy financial loss" for importers of these commodities during the past three-to-four months, according
New Delhi [India], October 9 (ANI): Lt. Governor VK Saxena has approved the proposal to exempt 314 applications of hotel and restaurant owners, online eateries, medicines, and other essential commodities, to be able to operate on 24x7 basis in the National Capital, starting from next week.
New Delhi [India], October 3 (ANI): The price of important commodities, especially edible oils, reported a drop in September this year compared to prior years due to the series of proactive and preventative actions implemented by the government to increase domestic availability and stabilise
Dubai [UAE], October 3 (ANI/PRNewswire): DMCC - the world's flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise - has been named Global Free Zone of the Year 2022 by the Financial Times' fDi Magazine for the eighth consecutive year.