New Delhi, Feb 24 (PTI) Government officials on Thursday went into a huddle to access the impact of Russian aggression in Ukraine on the Indian economy and began preparing contingency plans to combat a possible spike in inflation due to a rise in oil prices and the country's external trade being impacted. While there are [...]
Kolkata, Feb 24 (PTI) MMTC-PAMP, a JV between state-owned MMTC Ltd and Switzerland-based bullion brand PAMP SA, on Thursday said it is aiming at a revenue of Rs 1,000 crore from the eastern region in the next five years.It forayed into the eastern market, launching the first store in Kolkata.“Over the next five years, the [...]
Kolkata, Feb 24 (PTI) Tea planters and exporters are "extremely worried" over the possible impact on their shipments to Russia, the largest buyer of Indian tea, in the wake of the Russia-Ukraine crisis.Western sanctions and disruption of payments in dollars, as well as transhipments to Russia, are expected as a fall-out of Russia launching an [...]
Gold prices in the national capital rallied by Rs 1,656 to Rs 51,627 per 10 grams on Thursday on the back of safe-haven buying and sharp depreciation of rupee amid the Russia-Ukraine conflict, according to HDFC Securities. The yellow metal had closed at Rs 49,971 per 10 grams in the previous trade. Silver prices also [...]
New Delhi, Feb 24 (PTI) Crude oil prices rose Rs 473 to Rs 7,352 per barrel on Thursday, as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for the March delivery traded higher by Rs 473, or 6.88 per cent, at Rs 7,352 per barrel in 9,472 [...]
New Delhi, Feb 24 (PTI) Guar seed prices on Thursday went down by Rs 185 to Rs 5,838 per 10 quintals in the futures trade. On the National Commodity and Derivatives Exchange, guar seed contracts for the March delivery was trading at Rs 5,838 per 10 quintals, down by Rs 185 or 2.92 per cent [...]
New Delhi, Feb 24 (PTI) Guar gum prices on Thursday fell Rs 575 to Rs 10,663 per five quintals in the futures market, as traders offloaded their holdings in line with weak trend at the spot market. On the National Commodity and Derivatives Exchange, guar gum for the March delivery fell Rs 575 or 5.26 [...]