In a forecast in May, global price-setter Spain, the source of half the world’s olive oil supply, said production is expected to fall nearly 48% over last year | Latest News India
Oil price rise in India: Puri on Thursday held bilateral meeting with US energy secretary Jennifer Granholm and other top officials of the Biden Administration.
Essential commodities price hike: Whenever the price of a commodity increases in the local market, the traders and wholesalers have the readymade excuse of a price hike in the international market. But a recent study by an intelligence agency found their justification to be unsubstantiated.
A hefty amount of subsidy allocated by the government to offset the price increases in the global market may pose a challenge in the budget management for the next fiscal year, said Finance Minister AHM Mustafa Kamal today.