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India hopeful of long-term pulses supply from Mozambique

-PTI New Delhi: Under pressure to control pulses prices, the Centre is hopeful of clinching a long-term deal with Mozambique for assured supply of lentils after the two countries had positive talks last week. Indian delegations last week visited pulses growing nations, Mozambique and Myanmar, to explore government-to- government arrangement for assured supply of lentils, especially tur, on a long term basis. "The delegation is back with long term solution in sight. The...

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India wheat Imports seen surging to decade high as supply drops -Pratik Parija

-Livemint.com Imports may total 5 million metric tonnes in 2016-17, the most since 2006-07, according to estimates New Delhi: India may import the most wheat in a decade as output declines in the world’s second-biggest producer. Imports may total 5 million metric tonnes in 2016-17, the most since 2006-07, according to the median estimate of seven traders surveyed by Bloomberg. Production is set to decline 1.8% to 85 million metric tonnes in the...

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Govt team leaves for Mozambique to explore pulses Imports

-The Hindu Business Line New Delhi: To tackle the rising prices of pulses and check its shortage, a high-level government delegation on Tuesday left for Mozambique to explore import options. A Central team is already in Myanmar for the same purpose. The delegation, led by Hem Pande, Secretary, Consumer Affairs, also consists of senior officials from the Ministries of Commerce, Agriculture and MMTC and will explore short- and long-term measures to import...

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Govt cracks the whip on price rise -Sanjeeb Mukherjee

-Business Standard In last one month, chana futures prices have risen 17.37 per cent and on Thursday it closed at Rs. 6812 per quintal on NCDEX New Delhi: The government has launched a multi-pronged drive against price rise of essential commodities with different agencies doing their bit to ensure smooth supply and action against hoarders as well as profiteers. Market regulator Securities and Exchange Board of India (Sebi) on Thursday barred launch of...

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Pulses hit Rs 200/kg: Govt curbs cartels and futures trade, raises buffer

-PTI New Delhi: As pulses continued to soar to touch up to Rs 200 per kg, intelligence agencies were on Thursday asked to crack down on cartels, while futures trade was curbed to check speculation and buffer stock was hiked over 5-times to 8 lakh tonnes to boost supply in a multi-pronged approach. Efforts were also beefed up to sell larger quantities of pulses at highly-subsidised rates through government agencies and outlets,...

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