Commodities

DGFT slaps Rs 100 crore fine on Riddhi Siddhi Bullion

The Directorate General of Foreign Trade (DGFT) has imposed a penalty of Rs 100 crore on Riddhi Siddhi Bullion...

Gold ends steady on scattered buying, silver higher

Gold prices today held steady at Rs 27,550 per ten grams at the bullion market on scattered buying by jewellers and retailers, even as the precious metal weakens overseas.

Crude price slump a boon for India, says RBI

The dramatic fall in global crude prices is a big boost for India as it can bring down the country's annual oil import bill...

Gold glitters on buoyant seasonal demand; silver tops Rs 38k

Gold staged a strong comeback and closed above the 27,000-mark at local bullion market...

Gold price remains up on seasonal demand, global cues

Gold remained higher by adding another Rs 70 to Rs 27,550 per ten grams at the bullion market today mostly on persistent buying...

It’s advantage FMCG as global commodity prices slide

As global factors add to market volatility since the start of 2015, investors have flocked towards the consumer...

Knitwear exporters ask Centre to extend rupee export credit

Tirupur Exporters’ Association also wants an increase in the Technology Upgradation Fund Scheme subsidy for garmenting machinery

Competitive steel industry crucial for core sector growth

The auction route may invite participation by multinational investors whose activities can be put to use in the best interest of the country under a properly laid-out regulatory mechanism

Gold inches higher on stray demand; silver firms up

Gold prices gained slightly in a listless trade at the domestic bullion market here on mild local buying interest...

Gold ends steady; silver extend weakness on reduced offtake

In restricted activity, gold prices remained unchanged at Rs 27,250 per ten gram at the bullion market...

FCI’s excess wheat sale to private players picks pace

After a sluggish start, the sale of excess wheat stock under Open Market Sale Scheme...

Harvest fears worsening as winter sowing slows further

Winter sowing has dropped 5.2% drop until Friday from a year earlier, further worsening fears...

Gold price falls for third day on lacklustre buying; silver tumbles

Notwithstanding firm overseas trend, gold prices continued their slide for the third day...

Natural vanilla on road to recovery

Vanilla seems to be on the recovery path in India following a dismal phase when farmers destroyed the vines...

Cheers! Maha strawberry farmers get into winemaking

This summer, tourists can look forward to some strawberry wine in addition to the usual strawberry products

Gold snaps four-day rally on sluggish demand, global cues

Gold prices plunged by Rs 220 to Rs 27,350 per ten grams at the bullion market in the national capital today, snapping a four-day rising streak...

Silver futures decline on subdued global cues

Silver prices declined by Rs 397 to Rs 37,365 per kg in futures trade today after speculators reduced their exposures amid weak cues from...

Gold futures fall by Rs 180 on weak global cues

Gold prices fell by Rs 180 to Rs 26,981 per ten grams in futures trading today as speculators trimmed positions amid a weak global trend.

Gold imports drop to 39 tonne in Dec

India's gold imports dropped to 39 tonnes in December, compared with 152 tonnes in November, as demand...

Brent dips to lowest since 2009, recovers

In choppy trade, crude futures decline to as low as $49.66

India, Pakistan spar over GI tag for Basmati rice

India's fight to protect its iconic Basmati rice outside the country, especially in Pakistan, would...

Gold drops on weak demand, global cues; silver extends gains

Gold prices dropped after a three day rally at the domestic bullion market...

Outlook: Gold price seen positive

Gold price jumped more than 1 percent to a three-week high on Tuesday...

Oil price to fall until major Asian manufacturers feel the benefit

Oil prices will continue to drop as high production meets weak demand and a strong U.S. dollar pressures crude...

Gold rises to over 2-month high on global cues

Rising for the fourth straight day, gold prices gained Rs 70 to trade at over two-month high of Rs 27,570 per 10 grams...

Brent oil drops under $50 for first time since 2009

European benchmark Brent oil sank under USD 50 per barrel today for the first time since 2009, hit by OPEC's...

No sour grapes: Mechanisation nod gives boost to Maha farmers

Maharashtra has got the Centre’s approval for around 30 mechanisation clusters in the grape growing regions...

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