Commodities
Lockdown impact: Domestic sugar consumption to fall by at least one million tonne says Icra
Going forward, Icra expects that with the decline in crude prices, Brazil is likely to divert more cane towards sugar production which could exert pressure on global sugar prices.
Lockdown effect: Gold demand on Akshay Tritiya likely to plunge 95%
Industry body for jewellers said that sales would only be 5 per cent compared to last year's Akshaya Tritiya, although Kalyan Jewellers is more optimistic and expected sales to be 10 per cent of the n
Ramadan glut, crude oil slump drag basmati paddy futures down 6%
Pusa 1121 paddy spot price has dropped from Rs 30 per kg to Rs 28 per kg. Traders feel it might hover in the Rs 23-25 per kg price band in coming days.
Unseasonal rains hit mango production in Andhra Pradesh
Mango is a major crop in West Krishna and Nuzividu regions grown in about 50,000 hectare.
Maharashtra’s onion supplier database to act as alternate marketing channel for farmers
Thanks to the database that has also been uploaded on the board’s website, state government authorities or traders could directly get in touch with the onion suppliers, he said.
How will Indians buy gold this Akshaya Tritiya as lockdown forces people to stay indoors
Purchases of valuables including bullion on Akshaya Tritiya, which falls on April 26 this year, is considered to bring luck and prosperity by the nation’s majority Hindu population.
Large number of retail investors open to buying gold: WGC
In total, almost one third of Indian investors who have not bought gold before are open to doing so in future.
Centre directs Nafed to commence onion procurement for buffer stock
Meetings are still in progress at Nafed regarding the price since this is a very unique situation.
Gold prices near lifetime high ahead of Akshaya Tritiya. Is it a good time to buy yellow metal?
Gold prices have jumped nearly 18 per cent from its recent low of Rs 38,400 per 10 grams hit on March 16, 2020. While silver futures have surged 20 per cent from its recent low of Rs 33,580 per kg
Gold prices stay above Rs 46,000 level as spike in coronavirus cases continue to worry investors
On MCX, gold June futures were trading at Rs 46,372 per 10 grams, up Rs 205 or 0.44 per cent. While silver May futures added 1.40 per cent or Rs 584 to Rs 42,270 per kg
Wheat production set to surpass rice output for first time
According to the second advance estimates for crop year 2019-20 (July-June), the rice output is seen at 117.47 million tonne and wheat at 106.21 million tonne.
Sharp decline in arrivals in agri wholesale markets, says report
Prices of fruits in the wholesale markets have declined due to lower exports of seasonal crops such as mango and grapes and limited domestic offtake amid the lockdown.
Why petrol, diesel prices are not falling despite crude oil prices crashing below zero | EXPLAINED
In a petrol price of Rs 69.59 per litre, the base price is only Rs 27.96 and the rest are the domestic charges.
Logistic constraints: Few takers among retail biggies for direct purchase from farmers
Except Madhya Pradesh, no other state has so far acted upon the Centre’s advisory, leaving farmers, the intended beneficiaries of the move, high and dry.
CCI resumes cotton procurement; 25k quintal procured in 10 days
CCI chairperson and managing director P Alli Rani said that the quantum of procurement has not been much due to the lockdown period and fear of coronavirus infection among farmers.
WTI crude oil prices still below zero; could Brent crude used by India fall next?
It was an unusual beginning of the day, with markets and investors waking up to the news that crude oil prices have tanked so far south that the West Texas Intermediate (WTI) crude slipped below zero
Gold prices rise today as weak oil prices increase bullion’s safe-haven appeal, silver rates slump
Sentiments will be positive for gold since investment demand has been supporting the prices. old June futures were trading Rs 177 or 0.39 per cent higher at Rs 45,891 per 10 grams.
A barrel of crude oil cheaper than a bottle of coke, but, India has nothing to cheer
The coronavirus pandemic has acted as a catalyst for jaw-dropping movements in global financial markets, however, nothing can be compared with the mammoth fall in the WTI crude oil price on Monday.
EXPLAINED: Crude oil price’s monster meltdown in three charts
With crude oil breaking down barrier after barrier on Monday -- below $10 a barrel, below zero and deep into the land of negative -- a measure of oil volatility skyrocketed to more than 400%.
Crude oil price fell below ZERO for first time; why companies were willing to pay money to sell oil
In New York, West Texas Intermediate for May delivery dropped as low as negative $40.32 a barrel. It’s far below the lowest level previous seen in continuation monthly data charts since 1946.
WTI oil slumps to lowest since 1986 at USD 10.34 a barrel
The fall is severe as it concerns the May contract due to expire later Monday and investors don't want to take physical possession of the oil.
Oil prices collapse on storage fears, Asian equities mixed
US crude benchmark West Texas Intermediate briefly plunged almost 20 percent to below $15 -- its lowest since 1999 -- as stockpiles continue to build owing to a crash in demand caused by the COVID-19
Gold prices fall over Rs 1,200 per 10 grams in less than a week as yellow metal sees profit booking
Globally, gold prices fell to a more than one-week low on Monday, as US President Donald Trump planned to reopen the world’s largest economy battered by the coronavirus
PM-Aasha scheme: ‘Only fixed number of farmers availing procurement of pulses, oilseeds’
In Rajasthan, a maximum of 10 farmers per day are called to each procurement centre and accordingly information is sent to farmers, the agriculture ministry said in a statement.
Rabi crops: Govt procures 1.34 lakh tonnes of pulses, 30,000 tonne oilseeds in ongoing marketing season so far
The procurement of rabi pulses and oilseeds from farmers under the PSS scheme is currently in progress in Karnataka, Andhra Pradesh, Telangana, Rajasthan, Maharashtra, Uttar Pradesh and Haryana.
No cut in petrol, diesel prices for over a month; fuel sales slump up to 94% in April
Along with the factories and offices, all the flights, trains, cargo movement have been stopped as the citizens of India were asked to stay home to help contain the spread of deadly coronavirus.
Fuel sales slump 50% in April; petrol down 64%, diesel 61%, ATF 94%
Aviation turbine fuel (ATF) consumption collapsed by 94 per cent as most airlines have stopped flying.
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Budget 2020
- Torrent: Cut to ‘reduce’, revise fair value to Rs 2,350 a share
- Budget 2020 hasn't violated fiscal discipline: FM Sitharaman
- Budget 2020 was disappointing for lacking vision; but fiscal, taxation measures welcome: EAC-PM member Ashima Goyal
- Budget 2020: FM Nirmala Sitharaman says govt willing to do more beyond Union Budget to boost growth
- Budget 2020: FM says green shoots of recovery visible, points at worse macro-economic fundamentals under UPA
- Budget and the economy: What can we expect after this Budget?
- Budget 2020: FM Sitharaman takes on P Chidambaram over defence budget allocation
- Budget 2020 proposals on DDT, personal tax not to impact MF industry: Franklin Templeton
- Budget 2020: Chidambaram slams Modi govt; says economy close to collapse, unemployment making India poorer
- Budget 2020: How ESOP tax changes will benefit start-up employees
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