Commodities

Petrol and diesel price October 21: Rates hiked again, set new record high; Check price in Delhi, Mumbai here

Petrol and Diesel Price Today in India: Petrol and Diesel Rate on October 21 was hiked again taking price in Mumbai to Rs 112.44 per litre.

Petrol and Diesel Price in India, Petrol and Diesel Rate Today in India

OPEC-plus should factor in consumer sentiments: Hardeep Singh Puri

He added that “we are all in this together since there is a direct correlation between economic activity and oil price” and slowing economic activity will also lower demand for oil and gas. The mi

Due to the rise in global crude oil rates, the value of the import was $42.2 billion, 137% higher than the same period in 2020.

India warns of high oil prices hurting global economic recovery

Puri said India's oil import bill has climbed from USD 8.8 billion in June 2020 quarter to USD 24 billion this year because of a spike in global oil prices.

Puri has in recent weeks flagged the issue of high oil prices to Saudi Arabia, the UAE, Kuwait, Qatar, the US, Russia and Bahrain.

Gold Price Today, 20 Oct 2021: MCX gold to trade sideways, may fall to Rs 47,000; check support, resistance

Gold Rate Today, Gold Price in India on 20 October 2021: Gold prices in India were trading higher on Wednesday, even as yellow metal fell in the global markets.

Gold Rate Today, Gold Price Today in India

Petrol and diesel price October 20: Rates hit record highs after fresh hike; Check price in Delhi, Mumbai here

Petrol and Diesel Price Today in India: Petrol and Diesel Rate on October 20 were hiked again, taking the price in Delhi to Rs 106.19 per litre.

Petrol and Diesel Price in India, Petrol and Diesel Rate Today in India

Cotton association lowers current season’s crop estimate

For Gujarat, there is a reduction of 2 lakh bales in the estimate while that for Maharashtra has been reduced, too, by 0.50 lakh bales compared to the previous estimates of these states.

cotton ginners, cotton production, cotton MSP, Maharashtra Cotton Ginners Association, Bhatinda Cotton Factory Association, Export of cotton

Gold demand likely to be subdued: Report

The market development organisation for the gold industry added that imports remained strong and retail demand was expected to pick up as restrictions were gradually lifted across the country.

gold price

Tea imports from Nepal hurting Indian tea industry

A large quantity of duty-free tea imports, meant for re-export comes to India at a very low price from origins such as Africa, Argentina, Vietnam and Nepal.

nepal tea

Gold Price Today, 19 Oct 2021: MCX gold to trade in Rs 47100-47500 range; Nov-Dec bullish for yellow metal

Gold Rate Today, Gold Price in India on 19 October 2021: MCX Gold December futures might rise towards Rs. 47,500 per 10 gram, amid a weakness in US treasury yields and dollar

Gold Rate Today, Gold Price Today in India

Petrol and diesel price October 19: Rates constant at all-time highs; Check price in Delhi, Mumbai here

Petrol and Diesel Price Today in India: Petrol and Diesel Rate on October 19 were left unchanged for the second day straight. Petrol in Mumbai has now crossed Rs 111 per litre mark.

Petrol and Diesel Price in India, Petrol and Diesel Rate Today in India

India to request oil exporters to raise output for price relief

Crude oil import by India in April-August was 83.8 million tonne, recording an annual rise of 13.2%. Due to increase in global crude oil rates, the value of the import was $42.2 billion, 137% higher t

However, the price trajectory started ascending soon after, on global demand rise surpassing supply volumes.

India’s mineral production rises 24 pc in August

The cumulative growth for the April-August 2020 period has increased 25.1 per cent as against the year-ago period, the ministry said in a statement.

The minerals whose production showed positive y-o-y growth during August 2021 were chromite, lignite, magnesite and bauxite.

Govt buys 56.62 lakh tonnes of paddy so far in kharif marketing season for Rs 11,000 cr

"Over 56.62 lakh tonnes of paddy has been procured in KMS 2021-22 up to October 17, 2021," according to an official statement.

"The kharif marketing season (KMS) 2021-22 at MSP commenced recently and has benefitted 371919 farmers with MSP value of Rs 11,099.25 crore," the statement said.

Petrol and diesel price October 18: Rates unchanged at all-time highs; Check price in Delhi, Mumbai here

Petrol and Diesel Price Today in India: Petrol and Diesel Rate on October 18 were left unchanged by Oil marketing companies. Petrol price in Mumbai has breached the Rs 110 per litre mark.

Petrol and Diesel Price in India, Petrol and Diesel Rate Today in India

Gold price rises on fear of global inflation; expect rates to move sideways to up this week

We expect gold prices to trade sideways to up in the coming week with COMEX spot gold resistance at $1800 per ounce and support at $1750 per ounce.

Gold price

Skyrocketing LNG prices inflate industrial costs, consumers to bear the brunt

Also, since most of the LNG imports are carried out under long-term contracts at predetermined prices, the surge in end-prices in the country are much lower than the rise recorded in global spot price

In the corresponding timeline in 2019, before the impact of the coronavirus, LNG import was 13,618 mscm and the value of the import was $3.9 billion.

Gold imports jump multi-fold to $24 bn in Apr-Sep

Gems and jewellery Export Promotion Council of India (GJEPC) Chairman Colin Shah said that "festive season and a lot of demand" in the country is taking up the gold imports.

Sri Lanka seeks $500 mn loan from India for fuel purchase

Lanka is facing a severe foreign exchange crisis after the pandemic hit the nation's earnings from tourism and remittances, Finance Minister Basil Rajapaksa had said last month.

Fuel on Fire: Petrol, diesel price hiked again; cost 30% more than aviation turbine fuel

Shedding the modest price change policy, state-owned fuel retailers have since October 6 started passing on the larger incidence of cost to consumers.

Petrol, diesel price hiked again; diesel nears Rs 100-mark in Goa, Bengaluru

Prior to that, the petrol price was increased by Rs 11.44 a litre between May 4 and July 17. Diesel rate had gone up by Rs 9.14 a litre during this period.

Petrol, diesel prices rally to highest ever levels

The price of petrol in Delhi rose to its highest-ever level of Rs 105.14 a litre and Rs 111.09 per litre in Mumbai, according to a price notification of state-owned fuel retailers.

petrol price

Gold breaks above resistance, looks bullish now, silver must breach 63500 to rally; how to trade next week

Gold has broken the trendline and resistance of 47400 and is now looking bullish

MCX gold, silver, bullion

Petrol and diesel price October 14: Rates hiked again, set new record highs; Check price in Delhi, Mumbai here

Petrol and Diesel Price Today in India: Petrol and Diesel Rate on October 14 was hiked after a two-day pause, taking price in Delhi, Mumbai, other metros to fresh all-time highs.

Petrol and Diesel Price in India, Petrol and Diesel Rate Today in India

Wholesale onion prices spike on low supplies

Retail onion prices have gone up to `50 per kg as against earlier prices of Rs 35-40 per kg in major cities like Delhi and Mumbai due to crop damages caused by heavy rainfall.

onion prices

Record volume of palm oil imports in Sept 2021: SEA

As per the latest data released by the Solvent Extractors Association of India (SEA), India imported 12.62 lakh tonne of Palm Oil (including RBD palmolein, crude palm oil (CPO), crude palm kernel oil

He said this the shipment is expected to increase during the next two-three months to fill the shortage of mustard oil.

Import taxes on edible oils cut sharply as retail inflation rises

However, the duty reduction may not result in any big relief to consumers despite the government likely to lose about Rs 34,000 crore in revenues, analysts said, pointing to Wednesday’s increase in

The decision would be highly appreciated by the industry and would also help in reducing price burden on ultimate consumers.

Tomato turns costly on tight supply; prices soar to Rs 72 per kg in metros

Among the metros, the maximum increase in the retail price of tomato was seen in Kolkata where the key kitchen vegetable was ruling as high as Rs 72 per kg on October 12 when compared to Rs 38 per kg

tomato price
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