Commodities

India oil demand to recover in 2019: Fitch Solutions

Indian oil demand, which faced substantial pressures in 2018 because of rising rates and a weakened rupee, is set for recovery next year, Fitch Solutions Macro Research said in a note Thursday.

Gold glitters in October! Here’s why ETFs loaded on gold for first time in four months

After months of declines, gold-backed ETFs registered increased inflows to both North American and European funds during October, a recent WGC report said.

Petrol, diesel price cut continues, petrol rates down 21 paise in Delhi; how to check prices in your city

Petrol, diesel prices today: The oil marketing companies (OMCs) once again decreased the prices of petrol and diesel on Thursday amid softening global crude oil prices.

Petrol, diesel prices stay unchanged on Diwali

Following five consecutive days of cuts, state-run oil marketing companies kept prices of key domestic transport fuels -- petrol and diesel -- unchanged on Wednesday, on the festival of Diwali.

Oil set for longest losing run since 2014 as supply fears ease

Crude’s poised for the longest losing streak since 2014 as concerns of a supply crunch eased on a forecast for rising U.S. production and waivers for eight countries allowing temporary import of Ira

Gold loses sheen, down Rs 80 on weak trend overseas

Gold prices fell by Rs 80 to Rs 32,610 per 10 grams at the bullion market Tuesday due to easing demand from local jewellers as well as retailers amid weak trend overseas.

Petrol, diesel prices cut once again ahead of Diwali; how to check revised rates in your city

Petrol, diesel prices today: The oil marketing companies (OMCs) on Tuesday, a day ahead of Diwali, once again cut the petrol and prices across the country.

Crude oil slips on worries that economic slowdown could weigh on fuel demand

Oil prices slipped on Tuesday as concerns that an economic slowdown may curb fuel demand growth overshadowed the reintroduction of sanctions on Iran.

Gold prices steady, eyes on U.S. midterm elections

The UN Food and Agriculture Organization has launched a recovery programme to help more than 70,000 Indonesian farmers and fishers grow food and fish again following a series of disasters that just ov

CAI slashes cotton output projection to 343.25 lakh bales

According to CAI president Atul Ganatara, the CAI revised the crop estimate downwards for Gujarat by 2 lakh bales, Maharashtra by 1 lakh bales, Karnataka by 1 lakh bales and Odisha by 75,000 bales.

Govt approves norms for Operation Greens

The programme was announced in the Union Budget 2018-19 with an outlay of `500 crore to stabilise the supply and prices of tomato, onion and potato (TOP) crops.

Buyers of commodities demand good quality products: Sushim Banerjee

In order to frame standards and codes in various commodities and thereby specify the chemical and mechanical properties of the item when used individually or in combination with other commodities, the

Gold glitters on Dhanteras; sales jump 15% despite high prices

Even organised players like P C Jewellers and Kalyan Jewellers are expected to have seen better sales as quality and better designs at competitive prices attracted more footfalls.

Here’s why you should NOT buy gold this Dhanteras

Gold prices have risen past the Rs 32,000 per 10-gram mark since the last week of October, while jewellery demand remained muted even with the ongoing festive season.

Dhanteras 2018: Six things to know before purchasing a gold coin

Gold coin price: Given a huge number of rip-offs in the market, it is ideal to be extremely cautious while making this purchase. An informed choice can only happen if you know your gold, and if you do

Petrol prices cut by 22 paise in Delhi today; total cut reaches over Rs 4 in 19 days

Petrol, diesel prices today: Continuing the price cut, the oil marketing companies (OMCs) on Monday once again slashed the petrol and diesel prices in the last 19 days on softer international rates.

Gold prices hold steady amid easing dollar

Gold prices were steady in early Asian trade on Monday as the dollar eased, while investors are tuned in to the US congressional elections on Tuesday.

Oil prices fall as US grants Iran sanction waivers to 8 importers

Oil prices fell on Monday as the start to U.S. sanctions against Iran's fuel exports was softened by waivers that will allow some countries to still import Iranian crude, at least temporarily.

Huge relief for commuters! Petrol price cut by Rs 4.05 in less than three weeks

Petrol price has been cut by over Rs 4 per litre and diesel by Rs 2.33 in the last 18 days on softer international rates, a pace faster than the spike in prices witnessed in the two-month period begin

US considering ‘significant reduction exceptions’ for nations to cut oil purchase from Iran

The US is considering "significant reduction exceptions" on a "case-by-case basis" for countries to bring down their oil purchase from Iran to zero ahead of the November 4 deadline set by the Trump ad

Gold prices break 3-day rising spell, fall Rs 150 on weak global cues, fading demand

Breaking its three-day rising spell, gold price dropped to Rs 32,630 per 10 grams, losing Rs 150 amid weak global cues and muted demand from the local jewellers.

Petrol, diesel prices cut further ahead of Diwali; check revised rates in Delhi, Mumbai

Petrol, diesel prices today: The oil marketing companies (OMCs) on Friday cut petrol and diesel prices providing further relief to the customers.

Crude oil under pressure from rising output, but Iran sanctions loom

Oil prices dipped on Friday as record crude output by the world's top-three producers offset supply concerns from the start of U.S. sanctions next week against Iran's petroleum exports.

Oil prices fall on signs of rising supply, economy worries

Oil prices fell on Thursday to extend losses from the previous session, pressured by signs of rising supply and by growing concerns that demand may weaken on the prospect of a global economic slowdown

Gold demand in India up 10% in September quarter, but festive outlook muted due to this reason

In the September quarter, gold demand increased by 14% to Rs 50,090 crore, compared with Rs 43,800 crore in the same quarter last year, in terms of value, according to the Q3 Gold Demand Trends' repor

Petrol price today: Petrol prices now below Rs 85 in Mumbai; check latest rates for all metros

Petrol price today: Petrol prices continued their downward trend on Thursday, and are now down to under Rs 85 in Mumbai. Petrol prices were slashed by 16 paise in Mumbai to Rs 84.86.

Oil prices fall on signs of rising global supply

The Brent crude December futures contract, which expired Wednesday, fell 44 cents to settle at $75.47 a barrel. The more-active January contract fell 91 cents to settle at $75.04 a barrel.

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