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Commodity Market, Commodities News Today | The HinduBusinessLine

Basmati exporters urge govt to suspend ₹83/tonne levy amid delayed payment, shrinking margin India could limit sulphur exports as supplies tighten, sources say India turns to US, Oman, Nigeria for LNG imports in March as Qatar, UAE supplies dry up China resumes buying broken rice from India Silver Price Today April 16: Latest rates in Delhi, Mumbai, Kolkata, Chennai & Bengaluru Gold rate today April 16: Gold rates up in Mumbai, Delhi, Chennai, Kolkata, Ahmedabad & Bengaluru Indian LNG importers scoop up spot shipments after prices recede Limelight Lab Grown Diamonds targets tier 2-cities with 25 stores in Q1 Crude oil futures edge up despite hopes of US-Iran ceasefire extension ‘Iran war oil shock as disruptive as Covid’ Iran war brings US close to net crude exporter for first time since World War II India targets cocoa self-sufficiency by 2040 with national mission and reforms Why is Gold rate surges past $4,850 & Silver crossing $80? Crude unlikely to return to pre-war levels soon; India's import bill may rise $70 billion annually: Report US shuts down Iran’s maritime trade despite optimism for more talks Brent crude edges up ahead of fresh US-Iran talks Global fertilizer supply crunch tightens farm economics Crude oil prices fall for a second day on expectations US-Iran talks may resume Madhya Pradesh CM says basmati rice from the State is exported to 47 nations Russian crude oil imports rebound in March as PSU refiners lift record volumes Oil prices hit record high in March as refiners try to replace West Asian grades: IEA India’s gems and jewellery exports plunge 35% in March on weak demand Inflows into gold ETFs turn positive in past fortnight India’s Russian oil imports surge to €5.3 billion in March on higher volumes Russia restricts helium exports as global supply tightens amid Middle East tensions India’s oil security under pressure as West Asia crisis exposes import dependence risks Fuel price freeze: ₹18/litre loss on petrol, ₹35 on diesel Iran oil hoard at sea shields China’s refiners from US blockade Oil declines as US, Iran weigh more talks; US blockade of shipping to and from Iranian ports in place IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy BALCO deploys AI humanoid agent for real-time training, operations and safety NSE gets MCA approval to launch National Coal Exchange of India Coal stock adequate for 90 days available: Union Coal Minister Kishan Reddy India auctions 46 critical mineral blocks, launches 7th round with 19 more: G Kishan Reddy Iranian crude returns to India after seven years as tankers dock at key ports India's March palm oil imports fall 19% to three-month low Crude oil futures rise as US moves to blockade Iranian ports Gold falls on stronger dollar, fading Fed rate-cut hopes Crude oil jumps 7% to above $100 on US’ maritime blockade on Iran Draft CAFE-3 Norms: Govt eases penalties, focuses on carbon credit trading for auto sector India allows Iranian oil tankers to berth at Sikka port under special exemption US expected to extend waiver for Russian oil imports amid global energy price concerns Sharp fall in prices hit gold ETF inflows in March India to continue buying Russian crude oil Gold futures drop ₹1,363 to ₹1,52,071/10g India targets 30 lakh PNG connections amid LPG supply concerns Crude oil futures rise on Hormuz disruptions, Saudi attack reports Unseasonal rain, hailstorms, may drag Indian wheat output by over 5% No LPG shortage in country, vessels continuously coming to India via Hormuz: Petroleum Secretary Neeraj Mittal Russia offers sanctioned LNG to energy-hungry Asia at a discount Crude oil futures rise after Israeli attacks on Lebanon West Asia Conflict: Natural gas allocation to fertiliser sector upped to 95% Oil and Gas prices plunge after US and Iran agree to a ceasefire US ceasefire may boost LPG, LNG supplies to India in short term Natural Diamond Council celebrates ‘World Diamond Day’ India set to get first Iranian crude oil cargo in 7 years Crude oil futures crashes 6% to hit lower circuit as US-Iran ceasefire cools tensions Gold rises to near three-week high as Trump pauses attacks on Iran India’s green energy drive faces critical minerals hurdle amid global race Oil plunges, stocks surge as US-Iran ceasefire sparks global market rally Freight surge, logjam hurts egg exports despite strong demand Sugar consumption in April may fall by 2 lakh tonnes on cool weather and LPG scarcity Industry body urges Maharashtra to retain inspector-free fertilizer policy Government amends mining rules to boost critical mineral exploration and self-reliance Silver futures decline ₹1,479 to ₹2.31 lakh/kg as geopolitical risks lift inflation outlook IGX gas trade rises 28% YoY in FY26 to record 76.8 million MMBtu India returns to buying Venezuelan crude to ease supply crunch Crude oil futures hit record ₹10,888/barrel; 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NAAS suggests govt to consider one-time licensing for imported horticulture hybrids
2026-04-15 · via Commodity Market, Commodities News Today | The HinduBusinessLine
Among other recommendations, it has suggested the government to develop production protocols for organic/natural farming and facilitate the certification to the growers.

Among other recommendations, it has suggested the government to develop production protocols for organic/natural farming and facilitate the certification to the growers.

The National Academy of Agricultural Sciences (NAAS), the apex body of agriculture scientists, has suggested the government to introduce one-time licensing mechanism for globally competitive horticultural crop varieties/hybrids currently being imported, so that those are freely accessible to farmers and reduce repeated imports and ongoing royalty burdens.

In a policy paper released last week, NAAS has also said that improved varieties and hybrids be developed in the country in import-dependent seeds in crops like carrot, beetroot, gherkins, parthenocarpy, cucumber, papaya, apple, walnut, hazelnut, kiwifruit, olive, oil palm, date palm, blueberry, tulips and lilium.

“Strengthen the breeding programme of the horticultural crops, for which seeds and planting materials are imported in high quantity, and minimise the burden of royalty through specific licensing. Emphasise the development of improved varieties and hybrids in import-dependent horticultural crops,” NAAS said in a policy paper — Horticultural Innovations to Enhance Exports from India – released last week.

It has also said that emphasis should be on the development of exportable varieties targeting the destination countries considering consumer preferences, nutrition value and shelf-life.

“Promote a sustainable, efficient and safe production system aligned with global concerns for food safety and traceability. Promote adoption of Bharat GAP-compliance packages (good agricultural practices) in horticultural crops to improve field-level compliance and enhance export readiness,” the study said.

Among other recommendations, it has suggested the government to develop production protocols for organic/natural farming and facilitate the certification to the growers. Besides, traceability systems across the value chain, including organic produce should be strengthened to assure food safety and sustainability.

There is a need to develop sea route protocols for long duration consignments of important fruits such as banana, pomegranate and mango to minimise the export cost, it said adding processing-specific varieties in major horticultural crops such as tomato (paste/concentrate), onion (dried flakes/powder), potato (chips, French fries), chilli (high oleoresin), turmeric (high curcumin) and marigold (high lutein and zeaxanthin) should be developed.

“Promote linkages with food, pharmaceutical and cosmetic industry partnership for developing innovative uses of horticulture-based processed and value-added products,” it said.

On streamlining regulations of pesticides in horticulture, it said crop specific data on pesticides for effective management of insects and pests be generated. “Facilitate the Central Insecticides Board & Registration Committee’s (CIBRC) for providing the data on new and safer agrochemicals for registration,” it said.

“Crop grouping approaches may be implemented to streamline label claims for maximum crop groups for inclusion in CODEX norms. This will facilitate to optimising residue testing and standardise maximum residue limits (MRLs),” it said suggesting public–private partnership (PPP) models and institutional support.

As hybrid seed production is costly in many countries, India can serve as a key supplier for importing countries, it noted. “India’s strength as a major hub for vegetable hybrid seed production, particularly for solanaceous vegetables and cucurbits, can be leveraged by simplifying export policy to promote seed exports,” it said.

Published on April 15, 2026