Commodities

India on gold buying spree even as Chinese imports tumble

Demand for gold in China is reportedly dropping, whereas it is on the rise in India. According to a report appearing in the Wall Street Journal (WSJ), India and China are the two largest consumers of

Gold price near 1-week low as stocks rally, dollar firms

Gold was largely unchanged on Wednesday, struggling near a one-week low as stocks markets continued to rally on expectations of a Greek debt deal and a firmer dollar.

Oil prices climb on stronger demand, uncertainty over Iran deal

Oil prices rose in Asian trade on Wednesday on hopes for stronger than expected U.S. crude demand, while doubts over reaching an agreement next week over Iran's nuclear programme eased oversupply conc

Organic farming becoming popular in Tamil Nadu

Jayappa and Shardamma, a husband-wife farmer duo from a non-descript village in Tamil Nadu, have earned a name for themselves in the field of organic farming.

Haryana, Punjab nix FCI rejig

With Haryana and Punjab getting well over Rs 5,500 crore by way of a mandi tax on wheat and rice procured in their state in FY15, both have refused to agree to a key recommendation of the high-level c

Unseasonal rains, wheat, wheat crops, rabi wheat crops, Unseasonal rains wheat, Unseasonal rains rabi wheat crops

Solvent extractors complain of raw material shortage

Solvent extractors in the country have complained that they are not getting enough raw material for processing and therefore the capacity utilisation of the units has gone down to 30-35%.

Turmeric prices may remain subdued

Turmeric prices are expected to remain subdued in the Indian market due to sluggish demand and reports of good sowing in major producing states.

Govt to import 5,000 tonne arhar

In a bid to curb rising prices of pulses, state-owned MMTC has invited tender to import around 5,000 tonne of arh

Pulses-arhar

Monsoon rains to enter northern India by Friday

The south-west monsoon rains entered eastern Uttar Pradesh and parts of Bihar on Tuesday, which would lead to its arrival in Delhi and other northern regions in the next couple of days.

Oil prices fall on Greek debt, oversupply concerns

Oil prices eased in Asian trade on Monday, falling for a second session on concerns about the outcome of an emergency euro zone meeting later in the day on the Greek debt crisis and worries about over

Gold dips below Rs 27,000 on weak global cues, low demand

Gold prices slipped below the Rs 27,000-mark by falling Rs 50 to trade at over two-week low of Rs 26,950 per at the bullion market today

gold bond scheme

Oil prices down in Asia

Oil prices fell in Asia today, with the possible return of Iranian crude to the global market stoking further concerns over a supply glut, analysts said.

Greek optimism curbs demand for gold as equities gain

Gold nudged up but largely retained sharp overnight losses on Tuesday as its safe-haven appeal was diminished by increasing hopes that Greece would reach a deal with its creditors to avoid a default,

gold bond scheme

India bucks global trend of falling steel production

Bucking the global trend of a consistent decline in steel production, India has maintained its position as the only country among the top-four producing nations to report a positive rate of growth.

Monsoon 21% higher than normal till now

May cover MP, Bihar, Gujarat and Jharkhand in next three days

Industry expresses concern as rubber output shrinks

The rubber industry has pressed the panic button at the rate natural rubber (NR) production in the country has been shrinking.

CCI starts selling cotton as rains gain momentum

The Cotton Corporation of India (CCI) has started selling its stock due to widespread rains across cotton-growing states such as Andhra Pradesh...

Can industry ask govt to exclude steel from foreign pacts?

India still holds the potential of one of the biggest consumers of steel on the back of revival of manufacturing and capital goods sectors and construction supported by higher public and private inves

Indian sowing gathers pace as monsoon delivers ample rainfall

Better-than-expected monsoon rains in the past two weeks have helped farmers in several parts of India sow cotton, pulses and oilseeds on time.

Monsoon rainfall agriculture

Gold ETFs see Rs 500 cr outflow in 2 months

Gold exchange traded funds have lost favour among investors as mutual fund managers pulled out close to Rs 500 crore from these products.

gold gold rate bullion market

Gold, silver extend losses on global cues, sluggish demand

Falling for the second day, gold prices went down by Rs 100 to settle at Rs 27,000 per 10 grams at the bullion market today...

Gold rate

Oil prices fall on Greek debt, oversupply concerns

Oil prices eased in Asian trade on Monday, falling for a second session on concerns about the outcome of an emergency euro zone meeting later in the day on the Greek debt crisis and worries about over

kharif sowing set for a boost as monsoon spreads wings

With Delhi and its adjoining areas receiving moderate to heavy pre-monsoon showers and the southwest winds active over Chhattisgarh, Odisha...

Domestic industry worried over import of cheap American poultry products

The US poultry industry has estimated that exports of poultry meat alone could exceed $300 million annually once India’s restrictions are removed.

Animal feed industry poised to double to $30 bn in 5 years: Report

India’s feed industry is growing at a CAGR of 8% with poultry, cattle and aqua feed sectors emerging as major growth drivers.

Gold at over two-week high on global cues, jewellers buying

Bullion traders said firming trend overseas where gold jumped to five-week high as weakening dollar raised demand for the precious metals and increased buying by jewellers mainly kept prices higher.

gold rate

Oil prices ease on U.S. dollar, higher shale output forecast

Oil prices dipped slightly on Friday as the U.S. dollar edged up from its overnight lows, while forecast higher production by U.S. shale oil producers this year added to lingering worries over demand.

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