Commodities

Gold slides 1% to 5 year low as investors pull back

Gold fell more than 1 percent to a five-year low on Wednesday as a bounce in the dollar fuelled downside momentum, with investors continuing to pull away from the metal after its dramatic slide earlie

gold price News

Shaken investors to stay away from gold as confidence shatters

Investors seeking alternative assets are moving on from gold, whose failure to perform when its price was expected to rise and recent volatility as demonstrated by Monday's price plunge are prompting

Gold price News

Gold prices crash to 4-year low on panic selling amid global gloom

Gold prices fell below the psychological Rs 25,000 mark -- its lowest level in four-years in late morning trade -- at the domestic bullion hub in Mumbai on the back of heavy unwinding by stockists and

gold price News

New York sell orders in thin trade trigger Shanghai gold rout

In early Asian trading hours on Monday, when typically only tens of contracts of gold are traded, investors dumped more than $500 million worth of bullion in New York in four seconds, triggering the m

New York sell orders in thin trade trigger Shanghai gold rout

Gold prices fall to near 5-year low as bearish view holds

Gold fell on Wednesday for a seventh session in eight, reflecting sustained downward pressure on the metal days after its steepest drop in almost two years, with more losses seen ahead as the demand o

gold News

After China dumps gold, don’t count on India to come to the rescue

Blame poor rains or a lack of weddings, but Indians, for whom gold is the investment of choice, aren't rushing to buy bullion after this week's sharp sell-off.

gold rate News

Oil prices fall as industry data points to rising U.S. crude stocks

Oil prices fell in early Asian trade on Wednesday, after industry data showed U.S. crude inventories rose last week, even as the dollar fell from a three-month high.

Oil prices fall as industry data points to rising U.S. crude stocks

Gold languishes near 5-year low as more downside seen

Gold struggled to move away from a five-year low on Wednesday, reflecting sustained pressure on the metal days after its steepest fall in almost two years, with more losses seen ahead as the demand ou

Gold languishes near 5-year low as more downside seen

For a change, finance ministry wanted a sweeter sugar package

In a rare move, the food ministry overruled relatively liberal but pragmatic suggestions by the finance ministry and insisted on offering a less attractive loan package to the crisis-ridden sugar indu

Sugar, raw Sugar, suagar export, sugar production, Sugar industry, economy news

Navy, DRDO, SAIL in tie-up for producing steel for submarines

The Indian Navy’s Directorate of Naval Design, in collaboration with Defence Research and Development Organisation (DRDO) and Steel Authority of India Ltd (SAIL), has developed a special grade of st

Navy, DRDO, SAIL in tie-up for producing steel for submarines

Jute board recommends use of geo-textile in road construction

With the National Jute Board strongly recommending the use of geo-textile for road construction, the R6,500-crore Indian jute industry could hope for a revival.

Jute board recommends use of geo-textile in road construction

Mango exports to touch 45k tonne as new markets emerge worldwide

As the mango season is coming to an end, mango exports have stopped from Maharashtra and Gujarat, but a few tonnes are being exported from Uttar Pradesh.

Mango exports to touch 45k tonne as new markets emerge worldwide

‘Plant short-duration crops in rain-scant areas’

In a bid to deal with monsoon deficiency, the agriculture ministry, in collaboration with the India Meteorological Department (IMD), has suggested measures, including sowing of short-duration crops su

‘Plant short-duration crops in rain-scant areas’

Monsoon shortfall at 7%, more rainfall likely soon

While parts of Madhya Pradesh got heavy downpour on Tuesday, India Meteorological Department (IMD) predicted monsoon rains over most parts of the country during the next couple of days.

Monsoon shortfall at 7%, more rainfall likely soon

Gold hits 4 year low on weak global cues, down Rs 150 

Falling for the third straight day, gold prices dived by another Rs 150 to trade at almost four-year low of Rs 25,550 per 10 grams at the bullion market today after the yellow metal tumbled for the ni

gold price today News

Oil prices slip on stronger dollar, ample supply

Oil prices edged lower on Tuesday, dragged down by a firm dollar and ample supply of both crude and refined products.

crude oil prices News

Gold rate steadies after rout, but bearish sentiment intact

Gold stabilised on Tuesday, holding just above a five-year low, but with investors still clinging to views of further price falls a day after the metal lost 4 percent.

Gold News

Govt sees record kharif pulses, oilseeds, coarse cereal output

The country is likely to harvest a record production of pulses, oilseeds and coarse cereals in this year's kharif season on higher acreage under these crops so far despite the prediction of a deficien

Govt sees record kharif pulses, oilseeds, coarse cereal output

Sell-off in gold miners wipes $8 bn off their market value

A steep sell-off in shares of gold miners, tracking a plunge in the metal's price, wiped out more than $8 billion from their combined market value on Monday and pushed a global index of gold stocks to

Sell-off in gold miners wipes $8 bn off their market value

Gold at 5-year low on China selling

Gold prices fell to $1,114 per troy ounce (Rs 25,248 per 10 gram) on Monday, the lowest since March 2010, as traders in China...

Gold at 5-year low on China selling

Expecting drought, onion farmers hold on to stocks as prices rise

Expecting a possible drought-like situation, onion farmers have begun holding on to their stocks, leading to rise in prices of the vegetable.

drought in maharashtra, India News

FCI changes policy to get rid of ‘lustre loss’ wheat

FCI has modified the ‘first in first out’ policy this year as most of the grain procured suffers from lustre loss and cannot be stored for a long period

wheat production News

Govt needs to act fast to check cheap steel imports

India exported 5.9 MT of steel in FY15, a negative growth of 2% compared to the previous year, while imports at 10 MT grew by 76%. There was a net deficit of R238 bn in FY15 and it stood at R92.5 bn i

Govt needs to act fast to check cheap steel imports

Tea prices may remain low on high output

Tea prices are seen lower in the Indian market due to high production and lower exports. Production is seen higher by 24 million kg...

Tea prices may remain low on high output

Global markets: Gold slumps to five-year low, US dollar at highest in months

Gold prices plunged to their lowest in more than five years on Monday, at one point dropping by 4 percent, as the U.S. dollar hit a three-month high against a basket of major currencies on expectation

Global markets: Gold slumps to five-year low, US dollar at highest in months

Oil eases, choppy after early dollar strength pressures

Brent and U.S. crude slipped in choppy trading along with the seesawing dollar after the currency's early strength pressured dollar-denominated commodities.

Oil eases, choppy after early dollar strength pressures

Price of gold plunges, but analyst says set to recover to $1,250: Credit Suisse’s Anita Soni

The price of gold fell to five-year lows Monday as the dollar remained strong and the Federal Reserve continued to send signals that it plans to raise interest rates soon.

Price of gold plunges, but analyst says set to recover to $1,250: Credit Suisse’s Anita Soni
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