Oil prices firm amid US sanctions on crude exporters Iran, Venezuela

"The tight and price-supportive fundamental outlook has not gone away," said Ole Hansen, head of commodity strategy at Denmark's Saxo Bank.

Oil prices, US sanctions, crude exporters, Iran, Venezuela, WTI crude futures, Washington, tariffs on Chinese goods, crude export News

Gold firms as Sino-US trade concerns dampen risk appetite

Chinese Vice Premier Liu He will travel to Washington for two days of trade talks this week, China said on Tuesday, setting up a last-ditch bid for a deal that would avoid a sharp increase in tariffs

Gold prices, Gold firms, Sino-US trade, Spot gold, US gold futures, U.S. gold futurest, Akshaya Tritiya  News

ONGC, others eye blocks in unexplored basins after changed rules under revised OALP

In several cases, irrational bidding, quoting very high revenue share — even above 90% at the peak production level during the contract period — had raised serious concerns of back-loading of prod

Commodities News

Cotton association reduces crop estimates for 2018-19 to 315L bales

CAI’s current estimates for the North Zone, Madhya Pradesh, Telangana and Andhra Pradesh are lower by 1 lakh bales each compared to its previous month estimate.

Commodities News

Cashew exporters concerned over surge in fraudulent imports of kernel

India produces 6-7 million tonne raw cashew per annum, and was till recently the leading supplier of kernels to the global markets.

Commodities News

Gold rush: Jewellers make desperate bid to woo customers

Popley Group has launched a special edition of gold coins, which are being offered at cheaper rates, and is also selling luxury watches at a 25-50% discount.

Akshaya tritiya: know what is gold carats and its importance News

Lower output, price rise to hit cotton yarn margins

India’s cotton production is expected drop by over 5% in cotton season 2019 (the CS is usually from October 1, 2018, to September 30, 2019) due to low water availability and inadequate south-west mo

cotton, cotton industry, cotton sector News

Not just for auspicious reason, betting big on gold is good for your portfolio this year

Today is Akshay Tritiya, also known as Akha Teej, a hindu festival which is considered auspicious for buying the yellow metal. The experts are bullish on buying gold today as the investment will fetch

Akshaya Tritiya 2019 Special, gold, gold investment, latest gold price, paper gold, physical gold, gold ETF, Sovereign gold bonds , News

Top jewelers line up Akshaya Tritiya discounts; 50% off on making charges, free gold coins and more

Retailers like Malabar Gold & Diamonds are offering as much as 50 percent off on jewelry-making charges, while Tata Group’s Titan Co. is giving a discount of up to 25 percent.

Akshaya Tritiya: best time to buy gold Gold outlook for future News

Oil mixed, caught between US sanctions on Iran, Venezuela and trade dispute with China

Analysts said there was a number of factors putting upward pressure on oil prices.

Oil prices, global oil prices, Sino-US trade, US sanctions on oil exporters, Iran, Venezuela,  Iranian oil exports, Middle East, United States News

Gold gains as ‘Tariff-Man’ Donald Trump dents trade hopes, risk sentiment

Spot gold was up 0.2 percent at $1,282.11 per ounce as of 0147 GMT.

Gold prices, donald trump, chinese imports, United States, US trade, spot gold, US gold futures News

US sanctions on Iran: Can’t ensure cheap oil supply to India, says US commerce secy

The US sanctions against Iran have barred India and other Asian buyers from importing oil from Tehran, New Delhi's third-largest supplier in FY19.

crude oil price, crude oil, crude oil price today, crude oil price chart News

Rubber output shrinks one-third in 10 years

Besides Kerala, Tripura and Assam are the top rubber growers, accounting for 24% of the country’s overall rubber production. But, robust growth in the Northeast has not been enough to uplift the to

Commodities News

Akshaya Tritiya: Jewellers brace for tepid demand

Spot gold prices on the MCX stood at Rs 31,490 per 10 gm, marginally higher than the level touched on the Akshaya Tritiya day on April 18, last year, but lower than Rs 33,250 at the end of February.

Commodities News

Gold gains as Trump threatens to increase tariffs on Chinese goods

Gold rose on Monday after U.S. President Donald Trump threatened to impose tariffs on Chinese goods, indicating a dramatic deterioration in Sino-U.S. trade talks and prompting a sharp downturn in risk

Gold gains as Trump threatens to increase tariffs on Chinese goods News

Oil prices tumble by more than 2 pct after Trump announces new tariffs on Chinese goods

U.S. West Texas Intermediate (WTI) crude futures were at $60.44 per barrel at 0032 GMT on Monday, down $1.50 per barrel, or 2.4 percent, from their last settlement.

crude oil price, crude oil, crude oil price today, crude oil price chart News

No gold shifted outside India in 2014 or thereafter, says RBI refuting reports

The statement comes against the backdrop of reports in certain sections of the print and social media regarding the central bank shifting abroad a part of its gold holding in 2014.

No gold shifted outside India in 2014 or thereafter, says RBI refuting reports News

Sugar production to rise 1.5 per cent to a record 33 million tonnes, stocks to rise further

The annual domestic requirement of India, which is the world's second largest producer, is only 26 million tonnes.

Sugar output in India, ISMA,  Uttar Pradesh, sugar stocks, Maharashtra, ethanol production News

Akshaya Tritiya 2019: Investment strategy for gold buying; check expected levels by Diwali

Strength in rupee and volatility in the global equity markets may push up demand for gold in 2019, analysts tracking the metal said.

Commodities News

LPG use to surge from record as government promotes cleaner fuel

About two-thirds of India's population live in rural areas, typically using firewood, coal or dried dung cakes for cooking.

lpg, lpg gas, lpg industry, economy, india economy News

Shining again: Gold demand rises again

WGC now forecasts 2019 Indian demand at 750-850 tonne against 760 tonne in 2018.

Commodities News

Central Banks on gold shopping spree; check world’s top 5 gold holders

Central banks are on gold buying spree as they added nearly 107 tonnes to global gold reserves in February and March this year, owing to rise in trade tensions and economic slowdown.

Akshaya Tritiya: Offers by top jewellery Brands News

Gold gets cheaper ahead of Akshay Tritiya as tariff cut; check how much price fell in last one month

Gold has become cheaper by 1% after the government lowered tariff value by $5 per ten grams, ahead of Akshay Tritiya, a Hindu festival on which people buy gold as it is considered auspicious. The gove

Commodities News

Wedding season, lower prices push gold demand 5% higher in Q1; check how much Indians bought

India's gold demand rose 5 per cent to 159 tonne during January-March period this year on fall in prices that boosted jewellery sales during wedding season, a World Gold Council (WGC) report says.

Commodities News

Oil caught between pillar and post as U.S. output hits record but market tensions grow

Despite the desire of many OPEC members to keep withholding supply to prop up the market, the group may be forced into action.

Commodities News

Subsidised LPG prices up Rs 82 per cylinder from when Modi govt came to power

The oil marketing companies (OMCs) on Wednesday hiked prices of subsidised cooking gas (LPG) by 28 paisa per cylinder owing to rising global crude oil prices.

LPG, LPG Cylinder, रसोई गैस, IOC, LPG Prices, Cylinder Rates, Kitchen Budget, किचन का बजट News

Petrol, diesel prices take a labour day break, no change in fuel prices

The state-run oil marketing companies have kept the petrol and diesel prices unchanged on Wednesday. Yesterday, there was a hike of 5-6 paise in fuel prices across the major cities in the country. Tod

Petrol And Diesel Prices, Crude, Petrol, Diesel, क्रूड, पेट्रोल, डीजल, OPEC, IEA, Crude Production, Crude Supply, General Election India News
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