Topic
production
Commodities India's Foodgrain Reserves Hit Record 122 mt as El Nino Looms Over 2026 Kharif Crop
India's Central Pool foodgrain reserves hit a record 122.64 million tonnes as of June 1, 2026, sufficient to sustain welfare programmes for over two years. This buffer comes as El Nino threatens the 2026 kharif crop, with the government targeting 176.16 mt of foodgrain production despite a below-normal monsoon forecast.
Commodities Kharif Pulses Sowing Off to a Weak Start: Acreage Down 43% as of June 12
Kharif pulses sowing in India has started weakly with acreage down 43% as of June 12 due to a delayed and deficient monsoon. Tur acreage fell 57%, urad 22%, and moong 55% compared to last year. Farmers in key regions await rains, while the government holds buffer stocks of 4.3-4.5 million tonnes to keep prices in check.
APEX Adaptive Principle Extraction Framework Enables Multi-Dimensional Self-Evolution for Production AI Agents
Researchers propose APEX (Adaptive Principle EXtraction), a three-layer self-evolution framework that simultaneously improves an AI agent's prompt harness, behavioural principles, and workflow topology. Tested on the production-grade Joe AI agent built on NVIDIA Nemotron, APEX achieved a 90% improvement in Health Score over baseline, distilling six novel reusable principles and selecting a research-first workflow scoring 0.900 (+20%). The framework outperforms single-axis harness optimisation and requires only 4 LLM calls (~270 seconds).
Commodities Two New Urea Plants to Boost India's Domestic Production, Reduce Import Dependence
India is set to add 25.4 lakh tonnes of annual urea production capacity with two new fertiliser plants expected to begin operations soon, a move the government says will strengthen domestic availability and reduce reliance on imports. Domestic urea production hit a record 314.07 lakh tonnes in 2023-24, up from 225 lakh tonnes in 2014-15. Despite geopolitical disruptions, the government maintains subsidised retail prices.
Commodities India’s horticulture output hits record 378 mt in 2025-26
India's horticulture production for the 2025-26 crop year is estimated at a record 377.78 million tonnes, up from 370.74 mt a year ago, according to the Agriculture Ministry. The increase is driven by a marginal rise in acreage and improved yields in fruits, vegetables, spices, and flowers. Key crops like banana, mango, potato, and tomato posted gains.
Technology Old Nvidia GPUs Resurrected, SK Hynix Plans to Triple Memory Production by 2034
Old Nvidia RTX 3060 and 3050 GPUs are being resurrected by graphics card maker Manli in Asia as budget alternatives amid rising current-gen GPU prices. Meanwhile, SK Hynix chairman Chey Tae-won revealed plans to double wafer capacity by 2031 and triple it by around 2034, accelerating from a previous 20-year timeline to meet surging memory demand driven by AI.
Commodities U.S. Approves First LNG Production Ship Amid Controversy
The U.S. has approved its first floating LNG production ship, led by Delfin Midstream, despite controversy over environmental reviews. The project, located off Louisiana, aims to enhance U.S. energy exports.
Manufacturing Denby Pottery Ends Production After Two Centuries
Denby Pottery has ceased production after over 200 years, citing reduced demand and rising costs. Despite efforts to save the company, administrators could not find a buyer.
Commodities Gujarat's Role in India's Copper Self-Reliance
Gujarat is emerging as a crucial player in India's quest for copper self-reliance. With Hindalco's massive smelter at Dahej and strategic infrastructure, the state is poised to reduce India's import dependency.
Commodities Assam's Tea Output Surge Boosts India's April Production by 5%
India's tea production increased by 5% in April 2026, reaching 104.28 million kg, primarily due to a significant output rebound in Assam. Favorable weather conditions contributed to a 36% increase in Assam's production, while other regions like West Bengal and South India saw declines.
Commodities Poultry Production Slashed by 25% Amid Rising Soybean Meal Costs
The poultry industry in India is cutting production by 25% due to a 40% rise in soybean meal prices. This move aims to mitigate increased feed costs impacting poultry producers.
Commodities India Lowers Foodgrain Output Target Amid Monsoon Concerns
India has reduced its foodgrain output target for the 2026-27 crop year to 373.93 million tonnes, citing concerns over a below-normal monsoon forecast. The decision reflects potential impacts from El Nino, affecting rice and maize production.
Manufacturing Rising Costs Challenge Beverage Production Amid Summer Demand
Beverage companies are grappling with increased production costs due to supply chain disruptions and material price hikes. Aluminium can prices have risen by 15%, impacting companies like Coca-Cola and Sleepy Owl. The industry is considering passing these costs onto consumers.
Manufacturing Ernakulam KVK Boosts Reed Handicraft with Mechanisation
The Ernakulam Krishi Vigyan Kendra has introduced mechanisation in reed handicraft production, significantly increasing productivity. The new technology allows a single worker to produce in 2.5 hours what previously took four workers a full day.
Commodities NMDC Iron Ore Production Rises 20% in May
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Business Industrial Output Growth Slows Amid Sectoral Challenges
India's industrial output growth decelerated to 4.9% in April 2026, down from 5.7% a year earlier, due to a contraction in the mining sector. Despite this, manufacturing and electricity generation showed resilience.
Manufacturing China's Manufacturing PMI Dips: A Cause for Concern?
China's manufacturing PMI fell to 50.0% in May, indicating a potential slowdown in industrial activity. Large enterprises showed resilience with a PMI of 51.1%, while medium and small enterprises faced contraction. Rising raw material costs due to geopolitical tensions are impacting production.
Commodities India's Ethanol Expansion Reshapes Agriculture and Energy Markets
India's ethanol blending initiative has significantly increased farmland dedicated to fuel production, reshaping agricultural practices and impacting energy markets. The shift from sugarcane to grain-based ethanol, particularly maize and rice, has altered crop choices and raised concerns over food availability.
Commodities India's Foodgrain Production Hits Record High in 2025-26
India's foodgrain production increased by 5% in the 2025-26 crop year, with rice production reaching a record 154 million tonnes. This growth is attributed to government initiatives and favorable conditions, despite challenges like El Nino.
Commodities India's LPG Output Reaches Record 52,000 TPD Amid Supply Challenges
India's LPG production has reached a record 52,000 tonnes per day, driven by the resumption of operations at key refineries. Despite this increase, geopolitical tensions in West Asia and the closure of the Strait of Hormuz have significantly impacted supply routes.
Trade India's Path to Production Freedom
India seeks to enhance domestic production to reduce import dependency and achieve economic autonomy. Prime Minister Narendra Modi emphasizes the need for strategic production growth.
Commodities Global Crude Steel Output Declines Amid Geopolitical Strains
Global crude steel production decreased by 1.9% in April 2026, with significant declines in China, the Middle East, and Russia. India and the US showed growth, countering the trend.