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Any trade treaty between India and the US will be negotiated with a focus on safeguarding the interest of Indian farmers, Agriculture Minister Shivraj Singh Chouhan said Monday on the sidelines of the 11th Maize Summit here. His remarks come amid the ongoing negotiations for a trade deal, with the US pushing for greater market access, particularly for genetically modified corn. Read more
India is poised to remain one of the world's fastest growing economies in the coming years, Finance Minister Nirmala Sitharaman Friday said in Brazil's Rio de Janeiro. Sitharaman said the Indian economy has shown "remarkable growth and resilience" in the post-pandemic era. Read more
The World Bank's Food Price Index is projected to fall by 7% in 2025 and edge further down in 2026, it said in a market outlook. All three components of the index are expected to decline in 2025--grains by 11%, oils and meals by 7%, and other foods by 5%--it said. Read more
Base metal prices are projected to fall 10% in 2025 and 3% in 2026 due to subdued growth in demand and steadily rising supply, according to a World Bank report titled 'Commodity Markets Outlook'. Recent and anticipated tariff increases on trade in metal-intensive products between major markets are expected to curb consumption and dampen the demand for metals, it said. Read more
Brent crude oil prices are likely to fall to an average $64 per barrel in 2025 from $81 a barrel in 2024 on concerns of a slowdown in global economic growth due to rising trade tensions and increased policy uncertainty, the World Bank said Tuesday in its Commodity Markets Outlook report. The report forecasts Brent crude oil prices to fall further to $60 a barrel in 2026. Read more
By Anjali Lavania Prices of key oilseeds soybean, mustard seed, and groundnut are under pressure across major markets, weighed down by abundant arrivals, sluggish domestic and international demand, and tepid domestic buying. While there have been occasional rebounds mainly because of short bursts of a rise in demand or hopes of government procurement, traders, analysts, and experts say the broader sentiment remains bearish. Read more
The Centre has set the domestic sugar sales quota for May at 2.35 million tonnes, the Department of Food and Public Distribution said in a post on social media platform X Thursday. The quota for May is the same as last month, but down nearly 13% from 2.7 million tonnes in May last year. Read more
By Afra Abubacker The sugar industry expects the government to ask mills to sell 2.35-2.45 million tonnes of sugar in May. This sales quota is only a tad higher than April, but significantly lower than last year's record levels. The quota for May is due by month-end, and it impacts sugar supply and prices. Read more
