Oil prices soared nearly 6 per cent on Monday after Saudi Arabia and other major oil producers said they will cut production by 1.15 million barrels per day from May until the end of the year. Shares in Asia were mixed. US benchmark crude oil rose USD 4.24 to USD 79.91 per barrel, or 5.6 […]
To ensure that farmers get remunerative prices and build up the buffer, the government will soon start procurement of tur dal which is currently ruling above the minimum support price (MSP) through a ‘dynamic pricing’ formula. Sources told FE that agencies such as National Cooperative Consumers Federation (NCCF) and farmers’ cooperative Nafed will purchase the […]
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