Top Headlines
  • Rice basmati remains weak on low demand

    By Jul 19, 2017 2:51 PM

    New Delhi, Jul 19 () Rice basmati drifted further lower by up to Rs 200 per quintal at the wholesale grains market today owing to slackened demand against adequate stocks position. Other grains held steady in thin trade.

  • GST HITS SALE OF REGISTERED BRANDED RICE IN CITY

    Jul 12, 2017 11:30 AM

    Sale of registered branded rice ( RBR) has drastically come down in Bengaluru after the implementation of Goods and Service Tax (GST) on July 1. The union government has imposed five per cent GST on the registered branded rice

  • Indias largest selling rice brand is now a zero-tax product

    By Jul 11, 2017 12:55 PM

    India Gate, the country’s largest selling rice brand, is exempt from paying goods and services tax (GST) because the company did not get the brand name registered under the Trade Marks Act 1999. “This is to further clarify, declare and certify that ‘India Gate, Indian Farm, Lotus and Unity’ brands are owned by KRBL Ltd but since they are not registered in Class 30 under ‘Trade Marks Act, 1999’ hence ‘NIL’ GST rate is applicable on it,” KRBL Ltd, which sells India Gate packaged rice, said in an internal communication dated 3 July.

  • Government hikes paddy MSP by Rs 80 per quintal, pulses by up to Rs 400 per quintal

    By Jun 23, 2017 4:17 PM

    NEW DELHI: The government has approved Rs 80 per quintal hike in paddy MSP, while support price of pulses has been raised by up to Rs 400 per quintal to encourage farmers increase area sown under Kharif crops this season.  The Union Cabinet had on June 7 approved the minimum support price of 14 kharif (summer-sown) crops.

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Spot Prices
Cotton: Maharashtra (20/Jul 10:31 AM)

AGD (BB/29M) 43,000 0 0.00 %
Akola (Fardar/25/27M) 36,500 0 0.00 %
NGP (MECH-1/28M) 42,600 0 0.00 %
NGP (MECH-1/29M) 43,800 0 0.00 %
Yarn: Punjab (07/Jun 11:41 AM)

Ludhiana(20S Comb(Wrap)) 210 25 13.51 %
Future Prices (20/Jul 10:28 AM)
ICE Cotton No.2 (USC/LB)
Dec 31, 2017 68.32 0.23 0.34 %
Mar 31, 2018 68.00 0.28 0.41 %
May 31, 2018 68.61 0.19 0.28 %
ZCE (Yuan/Ton)
Jul 31, 2017 15,525.00 0.00 0.00 %
Sep 30, 2017 15,055.00 40.00 0.27 %
Nov 30, 2017 15,105.00 40.00 0.27 %
Exchange Rates (20/Jul 10:34 AM)
1 US $ = Rs 64.37
0.04 0.06%
1 UK £ = Rs 83.81
0.98 1.18%
1 Eur € = Rs 74.11
-0.12 -0.16%
100 ¥en = Rs 57.44
0.02 0.03%
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