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Commodities 01 Aug 2018 | 10:48 PM

India's monsoon rain forecast cut, farm output seen at risk

MUMBAI: India is likely to receive below-normal monsoon rains in 2018, a private weather forecaster said on Wednesday, raising concerns over farm output and economic growth in Asia's third-biggest economy, where half the farmland lacks irrigation

Business 29 Nov 2006 | 12:00 AM

Expensive timepieces to make debut during Monsoon Cup

Timepieces sought by kings and millionaires will made their debut for this year's premier sailing event in Kuala Terengganu, the Monsoon Cup.

Plantations 08 Jan 2018 | 8:09 AM

Monsoon season aid to benefit small farmers and rubber tappers

PUTRAJAYA: The Government’s Monsoon Season Aid (BMT) of RM200 per month in November 2017 to January 2018 has benefitted 440,000 small farmers and rubber tappers, according to Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong.

Plantations 22 Jun 2018 | 10:51 PM

Cotton, soybean sowing in India delayed; may boost palm oil imports

MUMBAI: Sowing of summer-sown crops such as soybean, cotton, corn and pulses has been delayed in India due to the slow progress of monsoon rains in central and western parts of the country, raising concerns over output, industry officials told Reuters

Commodities 03 Dec 2015 | 11:20 PM

Malaysian palm price rises after 3 days of losses as monsoon season eyed

JAKARTA: Malaysian palm oil futures rose on Thursday to snap a three-session losing streak, tracking gains in other vegetable oils and as expectations of lower output in the coming weeks boosted sentiment

Business 14 Aug 2014 | 7:06 AM

India's July palm oil imports up a tenth as local supplies lag

NEW DELHI: India's palm oil imports rose by a tenth to 657,750 tonnes in July from a month earlier, data from a leading trade body showed, as buyers boosted shipments to meet a big gap in local supplies amid poor monsoon rains.

Business 27 Sep 2014 | 7:06 AM

India's soyoil imports seen down in 2014/15 on bumper oilseed crop-traders

NEW DELHI: India's soyoil imports are expected to drop in 2014/15, as the world's top importer is set to harvest a bumper soybean crop aided by a late surge in the monsoon rains, traders said on Friday.

Markets 01 Aug 2018 | 10:34 PM

Malaysian palm oil price jumps to 2-week peak on short covering

KUALA LUMPUR: Malaysian palm oil futures rose over 1 percent on Wednesday evening, a third straight day of gains, on the back of technical buying and as the market turned bullish on forecasts that the world's top palm importer India is likely to receive below-normal monsoon rains in 2018.

Business 01 Sep 2009 | 12:00 AM

India’s economy grows 6.1% in June quarter

NEW DELHI: India's economy grew 6.1% in the June quarter from a year earlier, roughly in line with forecasts, as government stimulus measures helped spur demand, but a poor monsoon threatens to crimp growth later in the year even as it drives prices higher.