Petrol price in Delhi back at Rs 70 per litre: Here’s the interactive story of why oil is on the boilPragya Srivastava | January 6, 2018 2:25 PM
The petrol price in Delhi on Saturday once again hit Rs 70 per litre, the first time since the excise duty cut was announced by the Narendra Modi government on October 4 last year.
PTI | January 5, 2018 6:22 PM
Premier exchange BSE, which is ready to launch commodities derivatives as and when the regulator comes out with detailed regulations, will enter the segment with non-agri products such as bullion, base metals, crude, and natural gas among others.
Brent crude oil price hits near 3-year high at $68.27 per barrel; not too long before it touches $70FE Online | January 4, 2018 4:28 PM
The Brent Crude Oil price on Thursday touched a near three-year high at $68.27 per barrel supported by unrest in Iran raising concern about risks to supplies, cold weather in the United States boosting demand and OPEC-led output cuts.
Saurabh Kumar | January 4, 2018 6:26 AM
Company likely to go by enterprise valuation rather than market capitalisation for government stake.
Gold price gains Rs 1,050 in 18 days, Silver coins get costlier by Rs 3,000 as wedding season sparklesFE Online | January 3, 2018 3:33 PM
Gold prices have advanced Rs 1,050 per 10 grams in last 18 days of trading at the bullion market of national capital Delhi. On the other hand, silver coins got costlier by Rs 3,000 in the corresponding period.
Bloomberg | January 3, 2018 2:25 PM
Palladium inventories in warehouses tracked by Nymex shrank 25 percent in December, capping a fourth straight annual decline, the longest streak since 2000.
Bloomberg | January 3, 2018 2:10 PM
Stock speculation will get ahead of itself in 2018, leading to a short correction for the S&P 500, while oil will vault above $80 as “populism, tribalism and anarchy spread around the world,” according to Byron Wien’s annual list of surprises.
FE Online | January 3, 2018 11:58 AM
The Brent Crude Oil price was down 2 cents but still at $66.55 per barrel on Wednesday, seen inching towards $70 in near future.
PTI | January 2, 2018 7:27 PM
The country’s onion production is estimated to decline by 4.5 per cent to 21.4 million tonnes in the current 2017-18 crop year due to lower acreage, as per the agriculture ministry data released today.
Bloomberg | January 1, 2018 11:45 AM
For as long as Gulf economies rely on oil, crude will be a factor in determining how investors trade regional markets. But right now, politics is king.
Bloomberg | January 1, 2018 11:27 AM
The longest winning streak in two decades propelled cotton to 2017’s biggest increase among crop commodities, and hedge funds are ready for more gains in 2018.
IANS | January 1, 2018 10:35 AM
Industry body CII on Monday said that Commodities Transaction Tax (CTT) on agricultural produce should be abolished to protect farmers’ income.
FE Bureau | December 30, 2017 1:00 AM
Chana, the only pulse trading on the futures platform, is showing below rates with respect to the spot prices.
Cotton production in 2017-18 pegged at 375 lakh bales – Here is what Cotton Association of India saidNanda Kasabe | December 30, 2017 12:56 AM
The Cotton Association of India (CAI) has retained its December estimate of the cotton crop for 2017-18 crop year at 375 lakh bales which is the same level as previous forecast.
FE Bureau | December 29, 2017 12:56 AM
The Gujarat government has asked all the districts to increase the storage capacity for groundnut in a bid to restart the procurement process.
PTI | December 28, 2017 11:48 PM
Oil Minister Dharmendra Pradhan today called upon states to cut sales tax or VAT on petrol and diesel to provide relief to consumers.
Reuters | December 28, 2017 1:39 AM
Gold rose for an eighth straight session on Wednesday as a weaker U.S. dollar encouraged investors to buy, and palladium hit another near 17-year peak on expectations of strong demand and short supplies.
Reuters | December 27, 2017 10:52 AM
Oil prices on Wednesday slipped away from two-and-a-half year highs hit the previous session as the gradual resumption of flows through a major North Sea pipeline made up for supply disruption in Libya.
Reuters | December 27, 2017 4:06 AM
Investors scooped up commodities on Tuesday during a holiday-shortened week, but took a far more mixed view of equities as shares of Apple Inc sagged.
Nanda Kasabe | December 27, 2017 2:50 AM
The next sugar season in Maharashtra could prove to be a challenging one with a bumper crop in the offing and a huge amount of cane to crush, Sharad Pawar, former agriculture minister and chairman, Vasantdada Sugar Institute (VSI) said on Tuesday.
Reuters | December 27, 2017 1:20 AM
Oil prices soared to two-and-a-half year highs in light trading volume on Tuesday, boosted by news of an explosion on a Libyan crude pipeline as well as voluntary OPEC-led supply cuts.
FE Bureau | December 26, 2017 3:24 AM
The National Seeds Association of India (NSAI) is unhappy with the recent announcements made by the Maharashtra agriculture minister with regard to seed companies.
Sushim Banerjee | December 26, 2017 3:18 AM
Indian data on steel exports and imports compiled by UN Comtrade varies widely from the figures compiled by JPC, which in turn varies from DGCIS data that is accepted by WTO for all investigations under trade measures
Nanda Kasabe | December 23, 2017 3:01 AM
The Maharashtra government has decided to put in place stricter norms for seed companies against co-marketing of brands. The government has asked seed companies to amend their licences issued for co-marketing as per the permissions granted by the Genetic Engineering Appraisal Committee (GEAC).
Reuters | December 22, 2017 12:01 PM
Oil prices on Friday dipped away from some of its highest levels since 2015, weighed down by rising U.S. output and the expected January re-opening of the Forties pipeline in the North Sea.
FE Bureau | December 22, 2017 1:58 AM
Fertilisers and Chemicals Travancore (FACT) and Kerala government has signed memorandum of understanding to set up a Rs 1,800-crore petrochemical park in Kochi.
Nanda Kasabe | December 22, 2017 1:53 AM
Farmer producer companies ( FPCs) in Maharashtra have decided to enter into soybean procurement at farm gate level.
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