El Nino
The Food Ministry announced on Tuesday that the government has instructed the NCCF and the NAFED to commence purchasing 500,000 tonnes of onions directly from farmers to meet the country's buffer requirement, as the Rabi-2024 harvest...
Rising food costs in recent years have led farmers across the globe to increase the cultivation of cereals and oilseeds. However, consumers are expected to encounter limited supplies until 2024 due to adverse El Nino weather...
Breaking News
Cocoa prices skyrocket to 45-year high amid expected crop shortages
Cocoa prices topped $4,000 per tonne in New York on Friday, marking the highest point since 1978. This surge was driven by the bullish...
India’s wheat prices soar to 8-month peak amid tight supply and high demand
On Tuesday, Indian wheat prices reached an eight-month peak, driven by robust demand during significant festivals, restricted availability, and import duties rendering foreign purchases...
FMCG industry sees optimistic signs of recovery in rural markets as inflation eases
The FMCG sector experienced a boost in rural volume growth during the June quarter due to a reduction in inflationary pressures. As a result,...
FMCG giants remain optimistic about rural demand, brush off concerns of El Nino impact
According to top executives of consumer goods companies, the resurgence of rural demand is not solely reliant on the influence of El Nino on...
Consumer staple giants ramp up inventory as monsoon progress slows and El Nino looms
Amidst the slow progress of the monsoon and reports of El Nino, consumer staple companies such as LT Foods, GRM Overseas, and Tirupati Agritrade...
India to cap sugar exports until first half of 2024 amid impending El Nino threat: Govt Sources
Government sources announced on Monday that India will postpone the consideration of permitting sugar exports until at least the first half of the upcoming...
India’s sugar industry to meet local demand and export despite El Nino forecast, confirms official
According to a senior government official, India is expected to produce enough sugar in the upcoming season to cater to the domestic demand as...