Commodities

Gold prices hold steady amid easing dollar

Gold prices were steady in early Asian trade on Monday as the dollar eased, while investors are tuned in to the US congressional elections on Tuesday.

Oil prices fall as US grants Iran sanction waivers to 8 importers

Oil prices fell on Monday as the start to U.S. sanctions against Iran's fuel exports was softened by waivers that will allow some countries to still import Iranian crude, at least temporarily.

Huge relief for commuters! Petrol price cut by Rs 4.05 in less than three weeks

Petrol price has been cut by over Rs 4 per litre and diesel by Rs 2.33 in the last 18 days on softer international rates, a pace faster than the spike in prices witnessed in the two-month period begin

US considering ‘significant reduction exceptions’ for nations to cut oil purchase from Iran

The US is considering "significant reduction exceptions" on a "case-by-case basis" for countries to bring down their oil purchase from Iran to zero ahead of the November 4 deadline set by the Trump ad

Gold prices break 3-day rising spell, fall Rs 150 on weak global cues, fading demand

Breaking its three-day rising spell, gold price dropped to Rs 32,630 per 10 grams, losing Rs 150 amid weak global cues and muted demand from the local jewellers.

Petrol, diesel prices cut further ahead of Diwali; check revised rates in Delhi, Mumbai

Petrol, diesel prices today: The oil marketing companies (OMCs) on Friday cut petrol and diesel prices providing further relief to the customers.

Crude oil under pressure from rising output, but Iran sanctions loom

Oil prices dipped on Friday as record crude output by the world's top-three producers offset supply concerns from the start of U.S. sanctions next week against Iran's petroleum exports.

Oil prices fall on signs of rising supply, economy worries

Oil prices fell on Thursday to extend losses from the previous session, pressured by signs of rising supply and by growing concerns that demand may weaken on the prospect of a global economic slowdown

Gold demand in India up 10% in September quarter, but festive outlook muted due to this reason

In the September quarter, gold demand increased by 14% to Rs 50,090 crore, compared with Rs 43,800 crore in the same quarter last year, in terms of value, according to the Q3 Gold Demand Trends' repor

Petrol price today: Petrol prices now below Rs 85 in Mumbai; check latest rates for all metros

Petrol price today: Petrol prices continued their downward trend on Thursday, and are now down to under Rs 85 in Mumbai. Petrol prices were slashed by 16 paise in Mumbai to Rs 84.86.

Oil prices fall on signs of rising global supply

The Brent crude December futures contract, which expired Wednesday, fell 44 cents to settle at $75.47 a barrel. The more-active January contract fell 91 cents to settle at $75.04 a barrel.

Cane price: Maharashtra mills not to crush after demand for higher installment

Following this decision, 70-80 mills in Kolhapur, Sangli, Satara and Karnataka have not started crushing operations. Some of the mills that had commenced crushing have also decided to stop, industry s

Tamil Nadu begins export of long-shelf, high-quality bananas to Europe

Tamil Nadu has started the export of long-shelf, high-quality bananas to Europe. Developed with an Italian technology, the first batch of the ‘Grand Naine’ range of bananas will be exported to Ita

Oil prices fall as global supply rises

Oil prices fell for a third day on Wednesday on evidence of rising global supply despite the imposition of U.S. sanctions next week that are already curbing Iranian crude supply.

Gold shines! As Diwali nears, yellow metal hits 6 year high of Rs 32,650

Amid surging demand around Diwali, gold prices jumped for the second straight day on Wednesday, touching nearly six-year high of Rs 32,650 per 10 gram, up by Rs 30.

With Donald Trump’s Iran hammer about to fall, who may seek a waiver?

India is the second-biggest importer of Iranian oil is cutting back –- while signaling that it won’t shut down the trade completely. And India isn’t just buying crude from Iran. It’s also prep

Petrol prices slashed by over Rs 3 in Delhi, Mumbai in last two weeks; check latest prices for all metros

Fuel prices have been on a decline in recent times, oil marketing firms slashing petrol prices by over Rs 3 in national capital Delhi in the last two weeks alone.

Recovery in natural rubber prices unlikely in 2019 due to demand-supply fundamental

Demand-supply fundamental along with other factors do not favour a recovery in natural rubber (NR) prices during 2019, Jom Jacob, senior economist of Association of Natural Rubber Producing Countries

Coal fetches 102% premium in e-auction, surpassing the earlier highest of 95%

This price discovery is owing to the demand-supply mismatch, although coal production has achieved a double digit growth during the first six months of the fiscal.

Goldman says ‘fear’ is back as gold gains on recession angst

Goldman Sachs Group Inc. says that “fear” has made a comeback and gold is benefiting as stocks slide and investors fret more about the possibility that the U.S. economy may tumble back into recess

BPCL to shut crude unit, secondary capacity at Kochi refinery in December

India's state-run Bharat Petroleum Corp will shut a 120,000 barrels per day (bpd) crude unit and some secondary units at its Kochi refinery for about three weeks from early December for maintenance, i

US to become key source of global energy supplies, says government official

The United States will become a key source of energy supplies to meet growing demand globally as innovation in technology and financing are expected to boost U.S. oil and gas production in the next de

Petrol, diesel prices today cut for 13th day in a row; petrol at Rs 79.55 a litre in Delhi

Petrol, diesel prices today: The oil marketing companies (OMCs) cut the petrol and diesel prices for the 13th straight day on Tuesday amid softening global crude prices.

Brent crude prices fall on rising supply, global market woes

Brent oil prices fell on Tuesday, weighed down by ongoing weakness in global stock markets and by signs of rising global supply despite looming sanctions on Iran's crude exports.

Ordinance Push: Maharashtra deregulates all agri-produce from APMC Act

The Maharashtra government has promulgated an ordinance deregulating all agricultural produce from the APMC Act.

18 Maharashtra factories start cane crushing

Around 18 sugar factories in Maharashtra have commenced crushing for 2018-19 season, crushing some 3.5 lakh to 4 lakh tonnes of cane.

Gujarat APMCs to go on strike from November 1

Saurashtra APMC Vepari Association has asked Gujarat chief minister and agricultural minister to implement the AASHA Umbrella scheme in the state. The farm body is awaiting reply from the government.

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