Commodities
Saudi oil output cut in half after drones strike Aramco site
Iran-backed Houthi rebels in Yemen, who’ve launched several drone attacks on Saudi targets in the past, claimed responsibility for the assault on the kingdom’s Abqaiq plant.
Oil falls as spectre of US-China trade war haunts market
Gloom over the dispute between Washington and Beijing left investors shrugging off a commitment from Organization of the Petroleum Exporting Countries (OPEC) producers to trim output, with more signs
Gold slips as thaw in Sino-US trade woes lift equities
Asian stocks rose on hopes for a thaw in U.S.-China trade frictions and expectations that the ECB will kick off another wave of monetary easing by global central banks.
Oil rises as US, China swap concessions in trade war, inventories fall
The rise came after China moved to exempt some U.S. anti-cancer drugs and other goods from tariffs, while President Donald Trump announced a delay to scheduled tariff hikes on billions of dollars' wor
Cotton industry prepares for MSP purchase in new season, feels market intervention may not be needed
Amid speculation that private players may stay away from cotton purchase, the Cotton Corporation of India (CCI) has begun preparing for the season ahead.
Uttar Pradesh raises paddy MSP by Rs 65 a quintal
The state cabinet approved the procurement rate of Rs 1,815 per quintal for the common variety and Rs 1,835 per quintal for grade A variety.
Gold prices inch up amid cautious mood; investors eye European Central Bank meet
Spot gold was up 0.4% at $1,491.60 per ounce, as of 0120 GMT.
Oil prices rise after data shows big drop in US inventories
Prices had ended lower on Tuesday, squeezed by speculation of a return of sanctions-hit Iranian crude exports to the market following United States President Donald Trump's move to fire national secur
Cane pricing: ISMA calls for adoption of global practices
The Indian Sugar Mills Association (ISMA) has called for adoption of international laws and practices on cane pricing.
Punjab slashes VAT on natural gas to 3.3 per cent
However, the VAT on compressed natural gas, used mainly as auto fuel, will remain at 14.3 per cent, an official statement said here.
Maharashtra cooperative millers seek to delay crushing
Cooperative sugar millers in Maharashtra have urged state sugar commissioner Shekhar Gaikwad to postpone the crushing season of 2019-20 to December 1.
Gold prices fall Rs 372 on weak demand, strong rupee
The spot rupee gained by 21 paise against dollar during the day," Tapan Patel, senior analyst (commodities), HDFC Securities said.
Ethanol price reset to add sugar mills revenue, reduce surplus
This continuance of government support through remunerative prices for ethanol is likely to support the profitability of the sugar industry.
Maharashtra: Sugar prices drop again on lower demand
The Centre’s recent export subsidy of `1,048 per tonne is expected to help sugar industry across the country, including Maharashtra.
Gold eases as equities gain on Brexit, Hong Kong progress
India's gold imports plunged 73% in August from a year ago to the lowest level in three years as a rally in local prices to a record high and a hike in import duty discouraged retail buying, a governm
Cardamon prices likely to decline on fresh arrivals
Reports of lower production due to climate vagaries are likely to support the market and provide an upside in the medium to long term
India’s August gold imports hit 3-year low as prices jump to record
India imported 30 tonnes of gold in August, down from 111.47 tonnes a year ago, the source said.
Gold prices steady as economic growth woes dent risk sentiment
Spot gold was up 0.1% at $1,548.31 per ounce at 0121 GMT, having touched a one-week high of $1,549.80 earlier in the session.
Negative yield on bonds globally pushing up gold prices to new highs
If growth worries persist due to trade war, gold prices would go even higher driven by large ETF gold holdings
Gold slips Rs 40 to Rs 39,600 on muted demand
Gold prices on Monday inched Rs 40 lower to Rs 39,600 per 10 gram at the bullion market here owing to lower demand from local jewellers, according to the All India Sarafa Association.
CNG, LPG get costlier: Double whammy for your household budget; here’s how much you will pay now
Consumers may have to bear the double whammy of increased LPG and CNG prices as both were increased on Sunday.
Gold shines amid US, China trade war, growing fears of global economic slowdown
Escalation in the trade war between the world's biggest economies and heightened fears over a global downturn contributed to a rise of more than $100 for gold in August.
Oil falls as US, China add more tariffs; worries rise over hit to global growth, demand
Oil prices were lower on Monday after new tariffs imposed by the United States and China came into force, raising concerns about a further hit to global growth and demand for crude.
CNG price in Delhi hiked by 50 paise, third since April
The new consumer price will be Rs 47.10 per kg in Delhi and Rs 53.50 per kg in Noida, Greater Noida and Ghaziabad.
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BUDGET 2019
- Budget 2019: Central govt to contribute 14% to NPS, employees to get 80C benefit on Tier-II deposits from April 1
- Budget 2019: Hike in import duty may dampen the gold rush
- Budget 2019: More power to villages; Rs 2 lakh crore allocated to Panchayats in five years
- Budget 2019: Healthcare sector expects hike in exemption limits for health checkup, medical reimbursement
