Commodity prices skyrocket as Manipur blockade enters 55th day

The indefinite economic blockade of
lifeline routes NH 39 (Imphal-Dimapur) and 53 (Imphal-Silchar)
in Manipur by agitating Naga groups entered the 55th day on Sunday.

Commodity prices likely to climb this year: IMF

The prices of many commodities are
expected to rise this year primarily fuelled by increased
demand worldwide, the International Monetary Fund has said.

Commodity prices fall helps India cut import bill by third

A sharp fall in global commodity prices has helped India cut its import bill by a third in April-August period this fiscal to USD 102.3 billion from USD 153.69 billion a year ago.