Commodities

Onam rush: Kerala eyes Karnataka for milk supply

The Nandini brand of Karnataka Co-operative Milk Producers Federation sells about 35 LLPD and the rest of the dairy players sell about 10 LLPD milk.

milk, milk prices, milk price in pakistan, amul, mother dairy, esential product News

Gold inches lower as focus shifts to Fed chair speech

Spot gold edged down 0.1% to $1,496.78 per ounce as of 0120 GMT.

Gold prices, US Fed chair, Spot gold, US gold futures, Jerome Powell, imports of gold, SPDR Gold Trust News

Oil prices eke out small gains ahead of Fed Chair speech

"Oil is set to trade quietly today as it's all about the Jackson Hole (meeting) tonight," Jeffrey Halley, a Singapore-based senior market analyst at brokerage Oanda.

Oil prices, Brent crude, Jerome Powell, US dollar, OPEC, US crude futures, Federal Reserve News

Onion price surge: What Maharashtra FPC doing to check further hike

Thorat said that a large part of the procurement had reached Delhi to be sold through Mother Dairy’s fruit and vegetable outlets Safal. Onions have also reached Delhi mandis such as Azadpur, and nei

 price rise, Government, MEP, onion, onion price, minimum export price, market news, commodity news

Most gold in ETFs as investors seek shelter; inflows hit 1,000 ton

Total known ETF holdings expanded to 2,424.9 tons on Wednesday, the highest since 2013, following inflows over the past three years and a continued build-up in 2019.

Sovereign gold on Tuesday, however, dropped Rs 200 to 28,600 per eight grams. News

Oil dips amid economic concerns after U.S. fuel stocks build

Oil prices rose on Thursday following a drawdown in U.S. crude inventories, but gains in fuel inventories and persistent concerns over the global economy and future demand outlook capped gains.

Commodities News

Tackling price rise: Government threatens to impose MEP on onion

Retail prices of onions have shot up by 18% in just five days in Delhi, the country’s largest trading hub, according to the data available with the consumer affairs ministry.

 price rise, Government, MEP, onion, onion price, minimum export price, market news, commodity news

Soaring gold prices, bad monsoon weigh on gold demand ahead of festive season

Soaring gold prices along with bad monsoon don’t augur well for the yellow metal demand ahead of the festive season when the jewellers start storing gold to further sell in October and November, acc

Sovereign gold on Tuesday, however, dropped Rs 200 to 28,600 per eight grams. News

Gold hits new high of Rs 38,820; silver jumps Rs 1,140

In New York, spot gold was trading lower at USD 1,499.20 an ounce and silver was down at USD 17.08 an ounce.

Gold prices traded weak with international spot gold prices but continue to hover around USD 1,500 an ounce. News

Gold prices hold firm above $1,500, Fed minutes in focus

Spot gold had inched down 0.1% to $1,505.42 per ounce by 0116 GMT.

Gold prices, Federal Reserve, US interest rate cuts, US gold futures,  SPDR Gold Trust News

Oil steadies as hopes of easing trade tensions lend support

The United States said it would extend a reprieve that permits China's Huawei Technologies to buy components from U.S. companies, signalling a slight softening of the trade conflict between the world'

oil price,  US-China trade tensions,  Donald Trump, US crude,  Middle East, Brent crude News

Flood hits milk supply by 35-40 pct in Maharashtra

Instead of dairy, people are now looking at setting up tyre shops or working in MIDC areas as they have seen their cattles drowning in water, he said. Warna supplies around 2 lakh litres to Mumbai and

Flood, milk supply, Maharashtra, milk, milk supply, market news, MIDC, Warana Dairy, Maharashtra Milk Producers and Processors Association News

Gold prices hit fresh all-time high as jewellers line up to buy; check prices

Meanwhile, in the international market, spot gold was trading lower at 1,496.60 an ounce in New York and silver was down at USD 16.93 an ounce.

Sovereign gold on Tuesday, however, dropped Rs 200 to 28,600 per eight grams. News

Gold sales may hit three-year low amid skyrocketing prices, waning demand

Jewelers in India are facing a bleak outlook as record-high prices and fading demand threaten to drag annual gold sales to the lowest in three years.

Gold prices, Spot gold price, Wall Street, US dollar, US government bonds, US gold futures, Asian stocks News

Gold firms below $1,500 after slide

Spot gold edged up 0.1% at $1,496.80 per ounce at 0050 GMT.

Gold prices, Spot gold price, Wall Street, US dollar, US government bonds, US gold futures, Asian stocks News

Oil Search half-year profit more than doubles on higher output from PNG project

In July, the company had reported a 38% jump in half-year production from the same period last year, when a deadly earthquake halted operations at the Exxon Mobil-operated PNG LNG plant, in which Oil

Oil price, LNG project, Exxon Mobil, LNG production, PNG project, global oil price, LNG and gas price News

Steel pricing spread helps assertain strength of variables

In the next three decades the deregulation of the steel market (abolition of freight equalisation) and imports having been put under open general license led to a paradigm shift to the concepts of sup

Steel pricing, Steel strength, Steel industry, commodity, market news, sme, market news

India notifies imports of 30,000 tonne crude soya oil from Paraguay

India has a preferential trade agreement with MERCOSUR, a six-country trade bloc, including Brazil, Argentina, Paraguay and Uruguay.

crude soya oil, imports of crude soya oil, Paraguay, MERCOSUR, india Mercosur trade, crude soya oil News

Gold prices trade lower as equity markets gain; here’s what analysts say

Gold prices fell Monday tracking international gold prices. At 12:34 PM, the MCX gold October futures were trading lower at Rs 37,799 per 10 gram, down 139 points or 0.37 per cent from the previous cl

India imported 39.66 tonnes of gold in July (File photo) News

Gold prices fall on stronger dollar, equities

Spot gold was down 0.5% at $1,506 per ounce at 0114 GMT.

Gold prices, US dollar, global economic downturn, equities markets, Federal Reserve, COMEX gold News

Oil rises after Saudi oilfield attack, but recession worries cap gains

The attack caused a fire at a gas plant, but state-run Saudi Aramco said oil production was not affected.

oil price, Yemeni separatists, Saudi oil facility, OPEC, Middle East tensions, Saudi Aramco, oil production News

New gold bull market has begun, says report; prices likely to hit Rs 40k-mark by Diwali

The price for the precious yellow metal is likely to accelerate to Rs 40,000 per 10-gram mark by Diwali on the back of the decline in global growth rate and the ongoing trade war between the US and Ch

Gold hits all-time high, nears Rs 38,000; silver surges Rs 650 News

ONGC targets doubling oil, gas production; expanding refining capacity 3X

The ONGC has set a target to double oil and gas output from its domestic and overseas fields and expand its refining capacity three-fold

ongc, ongc share, ongc full form, ongc careers, ongc news, ongc result, ongc tenders, ongc director, ongc reports, ongc videsh, ongc dehradun News

Panel of CMs to discuss adoption of GM tech in oilseed production

Oilseed crops are the second most important determinant of agricultural economy, next only to cereals within the segment of field crops.

“We are trying to build consensus. States will keep their view in the next meeting,” Fadnavis said after the second meeting of the committee. News

CM’s panel suggests amendments to Essential Commodities Act

The Chief Ministers of Karnataka, Haryana, Arunachal Pradesh, Gujarat, Uttar Pradesh and Madhya Pradesh are members of the committee for agriculture reforms.

agriculture sector, Essential Commodities Act, APEDA, Devendra Fadnavis, NITI Aayog, GM foods News

Oil gains after strong US retail sales help ease recession worries

Crude oil prices rose on Friday after two days of declines, buoyed following data showing a rise in U.S. retail sales helped ease some concerns about a recession in the world's biggest economy

Commodities News

PM Modi calls upon farmers to cut usage of chemical fertilisers, pesticides

Prime Minister Narendra Modi made an emotional appeal to farmers to reduce use of chemical fertilisers and pesticides by 10-25% to save the soil.

According to a FICCI study, the current use of pesticides and other agrochemicals in India is 0.27 kg per hectare News
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