Commodities
Gold buying estimated to fall by half in Gujarat, but to still beat jeweller expectations
Generally, Diwali buying starts in Gujarat from Pushya Nakshatra and continues till Labh Pancham (the fifth day after Diwali).
Gold prices edge higher after Rs 2,500-crash in previous session; silver rates rally over Rs 1,300/kg
Analysts say latest headlines regarding COVID-19 vaccine is negative for gold but investors should wait for the dust to settle before making any changes in their gold investment.
Gold prices rally over Rs 1,700 in 6 days; should investors buy, sell or hold ahead of Dhanteras, Diwali?
Extending gains from last week, gold is set to post its best week since July this year supported by a weaker dollar.
Cotton procurement begins, CCI hopes prices will improve in due course
Procurement has begun in Punjab, Haryana, Telangana, Rajasthan and Madhya Pradesh. The CCI has been selling new cotton at Rs 41,500-42,000 per candy.
Gold demand rebounds in India but this time it’s not jewellery; yellow metal attracts investors
Overall gold consumer demand -- including jewellery, bars and coins -- witnessed a 35.8 per cent growth to 86.6 tonnes on a quarterly basis.
Gold prices fall Rs 250 ahead of US election outcome; yellow metal off over 8.5% from record high
Gold may witness choppy trade as the market reacts to the outcome of the US election however hopes of additional stimulus measures may keep price supported
Are petrol, diesel prices set to fall as Covid forces Europe into 2nd round of lockdowns?
While petrol prices have remained unchanged since 22 September 2020, diesel rates have been static since 2 October 2020.
NAFED invites bids for 15,000 tonne onion from importers
The cooperative has asked bidders to supply 40-60 mm size of red onion from any country of origin at Rs 50 per kg by November 20. They can bid for a minimum quantity of 2,000 tonne to be supplied in m
Mandi arrivals: Seven key summer crops see big drop
Only three crops -- groundnut, jowar and moong -- have recorded higher arrivals on year (see chart). Even in the case of jowar and moong, arrivals fell in the largest-producing states of Maharashtra (
Aloo, pyaz getting out of reach for poor, Rs 150 not enough to buy these veggies
Last week, Food and Consumer Affairs Minister Piyush Goyal had said about 7,000 tonnes of onion have already been imported by private traders and 25,000 tonnes more are expected to arrive before Diwal
Nafed floats bids for supply of 15,000 tonnes of imported red onions by November 20
The cooperative has asked bidders to supply 40 to 60 mm size of red onions from any country of origin at Rs 50 per kg by November 20.
India to import over 30,000 tonne of onion, potato
According to the minister, retail potato prices are also stable at Rs 42 per kg for the past few days.
7,000 tonnes onion already imported, 25,000 tonnes likely to arrive before Diwali: Piyush Goyal
The government has relaxed fumigation norms for import of onion and export of onion seeds have been banned, he added.
mjunction’s tea fetches higher price for TGFOP variety
The previous highest price of the variety from the same garden was Rs 930/kg, significantly registering an uptick in prices in a week’s time.
Hike in ethanol prices to help sugar mills to clear cane dues
Further, regarding jute bags, it will also be mandatory that initially 10% of the indents of jute bags for packing foodgrains would be placed through reverse auction on the GEM portal.
Onion traders to get three days’ time before enforcement of stock limits: Govt
In the wake of spiralling onion prices, the government has imposed stock limits on retail and wholesale onion traders with effect from October 23. Till December-end, retailers are allowed to stock oni
Weak sentiment, high prices, other factors hit gold demand in Q2; yellow metal demand falls 30%
Disruptions caused by the coronavirus pandemic, weak consumer sentiment, and high prices are widely the reasons attributed to the low gold demand.
Govt hikes ethanol price by up to Rs 3.34/ltr
Government has notified administered price of ethanol since 2014. For the first time during 2018, the differential price of ethanol-based on raw material utilized for ethanol production was announced
COVID impact: Global gold demand dips 19 pc in September quarter to 892.3 tonnes, says WGC
The total global demand during July-September 2019, stood at 1,100.2 tonnes, according to WGC's Q3 Gold Demand Trends' report.
Sugar consumption stagnant in India; need to bust myths about its use: Govt
The country's annual sugar consumption stood at 25-26 million tonne, while production reached 27.5 million tonne in the 2019-20 season ending September.
Onion traders in Nashik continue to boycott auctions
Onion traders said they will hold another meeting on Thursday to take a decision on the issue. Traders will also meet the district collector on Thursday.
Govt releasing 1 lakh tonnes of onion buffer stock to tackle price rise, says Agriculture Minister Narendra Tomar
Referring to the Congress's protests on the new farm laws, Tomar accused the opposition party of having double standards.
Imported onion likely to ease prices in city wholesale market
Since the last few weeks, onion prices have remained northbound after crop loss in south India due to incessant rain.
China aggressively buying Indian castor seeds to bolster reserves: SEA
The Solvent Extractors Association of India (SEA) has alleged that China has been attempting to buy castor seed in a big way from India.
Groundnut oil prices skyrocketing
Compared to previous year’s prices during the last week of October, there is nearly 20-30% surge in the groundnut prices.
Govt mulls extending soft loans to grain-based distilleries for raising ethanol production capacity
With an expected increase in supply of ethanol this year, the government hopes to achieve the target of 10 per cent ethanol blending in 2020-21.
Onion prices drop by up to Rs 10/kg in consuming markets on govt action against hoarding
Among consuming markets, government data showed that wholesale onion prices in Chennai declined to Rs 66 per kg on October 24 from Rs 76 per kg on October 23.
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Top News
- Terrorism biggest challenge faced by region, says India; Asks SCO to enforce int legal statutes to eradicate safe havens
- Apple fined 10 million euros over "misleading" iPhone waterproofing claims
- This is about politics, not farmer rights
- Basin Trials of Indigenous Aircraft Carrier successfully conducted at CSL
- Covaxin trial in Kolkata from December 2, TMC minister Firhad Hakim may get first shot
- American Airlines conducts trials to transport COVID-19 vaccine
- FAU-G pre-registrations are now live, still no word on PUBG Mobile India
- Coronavirus: Health Ministry releases new Covid-19 guidelines for crowded marketplaces
- Govt waives penalty for non-compliance with QR code provisions for B2C transactions till March'21
- Protesting farmers say got MSP this kharif season; worry if they will get after 4-5 years
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