Ukraine war may see import bills topping USD 600 bn this fiscal, pushing up inflation, CAD: Report
Mumbai, Mar 1 (PTI) The ongoing crisis in Ukraine is set to push the country's import bills beyond the USD 600 billion mark this fiscal, given India's import dependence on crude oil, natural gas, gems and jewellery, edible oils and fertilisers, which can lead to a spike in inflation and current account deficit, and a [...]
Price of vegetables
Bengaluru, Mar 1 (PTI) Following are vegetable rates quoted at Agriculture Produce Marketing Committee.Rates per quintal: Cauliflower 300-6000, Brinjal 1000-22000, Tomato 200-5000, Bitter Gourd 1500-3000, Bottle Gourd 100-1500, Ash Gourd 800-5900, Green Chilli 2000-9000, Banana Green 1000-4000, Beans 600-4800, Green Ginger 1000-3000, Carrot 1800-6500, Cabbage 300-2200, Ladies Finger 800-4000, Snake Gourd 500-2000, Beetroot 500-2500, Cucumber [...]
Ukraine crisis: Inflation from commodities will be initial impact for India, says report
Mumbai, Feb 28 (PTI) The initial or short term impact of Russia's invasion of Ukraine for India will be experienced through inflationary pressures as the country is dependent on imported oil, a report said on Monday. Some sectors like oil and gas and both ferrous and non-ferrous metals can gain through this trend, while the [...]
Sensex, Nifty rebound tracking recovery in global peers; log weekly losses
Mumbai, Feb 25 (PTI) A day after suffering their worst session in about two years, benchmark indices Sensex and Nifty rebounded up to 2.5 per cent on Friday, in line with higher global markets as the US and allies put up a united front to punish Russia with harsher sanctions over the Ukraine conflict. A [...]
Top Latest News on Commodity Market
Rising demand lifts refined soya oil futures
New Delhi, Dec 3 (PTI) Refined soya oil prices on Friday rose by Rs 18.1 to Rs 1,201 per 10 kg in futures trade as speculators raised their bets. On the National Commodity and Derivatives Exchange, refined soya oil for December delivery moved up by Rs 18.1, or 1.53 per cent, to Rs 1,201 per [...]
Guar Seed futures decline on low demand
New Delhi, Dec 3 (PTI) Guar seed prices on Friday went down by Rs 49 to Rs 5,624 per 10 quintal in futures trade. On the National Commodity and Derivatives Exchange, guar seed contracts for December delivery was trading at Rs 5,624 down by Rs 49, or 0.86 per cent per 10 quintal with an [...]
Guar gum futures fall on low demand
New Delhi, Dec 3 (PTI) Guar gum prices on Friday fell Rs 136 to Rs 9,786 per five quintal in futures market as traders offloaded their holdings in line with weak trend at spot market. On the National Commodity and Derivatives Exchange, guar gum for December delivery fell by Rs 136, or 1.37 per cent, [...]
Soaring imports to push CAD to 1.9% this fiscal year : Report
Mumbai, Dec 2 (PTI) Following the record USD 23.27 billion trade deficit in November, a foreign brokerage has increased its current account deficit (CAD) forecast to 1.9 per cent of GDP at USD 60 billion for 2021-22 as compared to USD 45 billion earlier.The government released the trade data on Wednesday which showed that exports [...]
PRICES MUM BULLION CLOSING
Mumbai, Dec 2 (PTI) CLOSING RATES SILVER SPOT (IN RS PER kg): 60789.00 STANDARD GOLD (99.5) : 47410.00 PURE GOLD (99.9) : 47601.00 --------------------- PTI MUM SVC SHW SHW
PRICES MUM BULLION OPEN
Mumbai, Dec 2 (PTI) SILVER SPOT (IN RS PER kg): 60727.00 STANDARD GOLD (99.5) : 47427.00 PURE GOLD (99.9) : 47618.00 -------------------- PTI MUM SVC SHW SHW
Crude oil futures gain on spot demand
New Delhi, Dec 2 (PTI) Crude oil prices on Thursday rose by Rs 7 to Rs 5,013 per barrel as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for December delivery traded higher by Rs 7, or 0.14 per cent, to Rs 5,013 per barrel in 6,947 [...]
You can now buy sovereign gold on RBI Retail Direct Portal also
Mumbai, Dec 2 (PTI) The sovereign gold bond can now also be subscribed on the newly launched RBI Retail Direct Portal. Subscription of the Sovereign Gold Bond Scheme 2021-22 - Series VIII is currently open. "The Sovereign Gold Bond Scheme 2021-22 - Series VIII, which is open for subscription till December 3, 2021, is also [...]
NeML partners with FINCHAIN for trade financing
New Delhi, Dec 2 (PTI) NCDEX e-Markets Ltd (NeML) on Thursday announced signing of an agreement with FINCHAIN Technologies to provide collateral-free trade finance at competitive rates to participants on its platform. As per the agreement, FINCHAIN will make available bill discounting and trade-financing options to buyers and sellers on various NeML online spot delivery-based [...]
Govt notifies Farm Laws Repeal Act
New Delhi, Dec 1 (PTI) The Centre on Wednesday notified a legislation to repeal the three agriculture laws against which thousands of farmers have been protesting for over a year now. The Farm Laws Repeal Act, 2021 received the assent of the President of India on November 30, said a gazette notification issued by the [...]
Exports up 26.49 pc to USD 29.88 bn in Nov; trade deficit hits record USD 23.27 bn
New Delhi, Dec 1 (PTI) India's merchandise exports rose 26.49 per cent year-on-year to USD 29.88 billion in November on better performance by key sectors, while the trade deficit hit a record high of USD 23.27 billion as imports of crude oil and gold spiked. The exports stood at USD 23.62 billion in November 2020. [...]
Fairfax sells 3.2 per cent stake in IIFL Finance for Rs 365 cr
New Delhi, Dec 1 (PTI) Canadian billionaire Prem Watsa-backed Fairfax Group on Wednesday divested 3.2 per cent stake in IIFL Finance for Rs 365 crore through an open market transaction. According to bulk deal data available with the BSE, Hamblin Watsa Investment Counsel (HWIC) Asia Fund, an affiliate of Fairfax Financial Holdings, sold 12,165,000 shares of IIFL [...]
BULLION CLOSING
Bengaluru, Dec 1 (PTI) Closing bullion rates on Wednesday Standard gold : (99.5 purity) Rs 49,250 per 10 gram Ornament gold : Rs 4,592 per gram Silverspot : (.999 fineness) Rs 63,700 per kg. PTI DVR APR APR
PRICES MUM BULLION CLOSING
Mumbai, Dec 1 (PTI) SILVER SPOT (IN RS PER kg): 62069.00 STANDARD GOLD (99.5) : 47616.00 PURE GOLD (99.9) : 47807.00 --------------------- PTI MUM SVC SHW SHW
BGE-COMMODITIES
Bengaluru, Dec 1 (PTI) Following are today's commodities prices (All rates in Rs/quintal): Rice Fine 4000-5100: Medium 4200-5600: Jowar 2000-2600: Jaggery cube 4200-4300: Jaggery ball 4800-5000: Coriander Seed 12000-15000: Chilies fine 26000-28000: Potato Big 1500-2000: Medium 1000-1400: Onion Big 1000-2100: Medium 1000-1500: Small 500-1000: Tamarind 9000-10000: Garlic 3000-7000: Horsegram 3600-4200: Wheat 2800-3200 Turmeric 8000-14000: Turdhal [...]
Bharat Petroleum Corporation Limited Announces Appointment of Five Independent Directors on Board
Mumbai, Maharashtra, India (NewsVoir) Bharat Petroleum Corporation Limited (BPCL) has announced the appointment of Shri Pradeep Vishambhar Agrawal, Shri Ghanshyam Sher, Dr. (Smt) Aiswarya Biswal, Prof. Bhagwati Prasad Saraswat and Shri Gopal Krishna Agarwal, as Independent Directors on the Board for a period of three years from the date of notification of their appointment or [...]
Jewellers registered with BIS triples after mandatory hallmarking
Mumbai, Dec 1 (PTI) The number of jewellers registered with the Bureau of Indian Standards (BIS) has nearly tripled to 1,24,034 as of November 15 since gold jewellery hallmarking was made mandatory by the government in mid-June, the Gem & Jewellery Export Promotion Council (GJEPC) said on Wednesday. Jewellers registered with BIS till June 2021 [...]
Cane arrear reaches Rs 4,445 cr in 2020-21 season, maximum in UP: Centre
New Delhi, Dec 1 (PTI) Cane dues to be paid by sugar mills to farmers stood at Rs 4,445 crore during the 2020-21 season (October-September), with maximum arrears in Uttar Pradesh, Parliament was informed on Wednesday. During the 2020-21 season, a total of Rs 92,804 crore was to be paid towards sugarcane price to the [...]
Lumos Alternate Investment Advisors partners Gruhas to set up Rs 500 cr realty fund
New Delhi, Dec 1 (PTI) Lumos Alternate Investment Advisors plans to raise Rs 500 crore for its maiden real estate fund in partnership with Gruhas Proptech.Lumos Alternate Investment Advisors Pvt Ltd has been founded by Anuranjan Mohnot, former MD and CEO of Amplus Capital Advisors.Gruhas Proptech, promoted by serial entrepreneur Abhijeet Pai and Zerodha's Co-founder Nikhil [...]
Guar seed futures rise on fresh bets
New Delhi, Dec 1 (PTI) Guar seed prices on Wednesday rose by Rs 21 to Rs 5,810 per 10 quintal in futures trade after speculators increased their positions driven by a firm trend in spot market. On the National Commodity and Derivatives Exchange, guar seed for December contracts increased by Rs 21, or 0.36 per [...]
Need to resurrect concept of gold bank to monetise physical gold: R Gandhi
Mumbai, Dec 1 (PTI) There is a need to establish a gold bank in the country to help monetise physical gold lying with people, Reserve Bank of India's former deputy governor R Gandhi said on Wednesday. He said the country needs to play along with the Indian psyche of the strong preference for physical gold [...]
Guar gum futures gain on spot demand
New Delhi, Dec 1 (PTI) Guar gum prices on Wednesday gained Rs 33 to Rs 10,254 per five quintal in futures trade as speculators increased their holdings on spot demand. On the National Commodity and Derivatives Exchange, guar gum contracts for December delivery traded higher 0.32 per cent, or Rs 33, to Rs 10,254 per [...]
Rising demand lifts refined soya oil futures
New Delhi, Dec 1 (PTI) Refined soya oil prices on Wednesday rose by Rs 2 to Rs 1,183 per 10 kg in futures trade as speculators raised their bets. On the National Commodity and Derivatives Exchange, refined soya oil for January delivery moved up by Rs 2, or 0.17 per cent, to Rs 1,183 per [...]
Crude oil futures surge on spot demand
New Delhi, Dec 1 (PTI) Crude oil prices on Wednesday rose by Rs 250 to Rs 5,146 per barrel as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for December delivery traded higher by Rs 250, or 5.11 per cent, to Rs 5,146 per barrel in 6,497 [...]
Consumer durables makers revenue seen rising 20% this fiscal
Mumbai, Dec 1 (PTI) Driven by electrical appliances makers, the Rs 2 lakh-crore consumer durables sector is set to report a robust 20 per cent revenue growth this fiscal after a flattish run last fiscal, says a report. Revenues of electrical appliances makers are expected to grow twice as fast as white goods makers, forming [...]
PRICES MUM BULLION OPEN
Mumbai, Dec 1 (PTI) SILVER SPOT (IN RS PER kg): 62218.00 STANDARD GOLD (99.5) : 47657.00 PURE GOLD (99.9) : 47849.00 -------------------- PTI MUM SVC SHW SHW
IT spending in India expected to cross USD 100 bn in 2022: Gartner
New Delhi, Dec 1 (PTI) IT spending in India is expected to touch USD 101.8 billion in 2022, up 7 per cent from this year, according to research firm Gartner. India's information technology (IT) spending across areas like communication services, data centre systems, IT services and software is expected to grow 10.8 per cent to [...]
Silexon Partners with Excelra, Deploying GOSTAR to Strengthen its AI-driven Drug Discovery and Biopharmaceutical Research Platform
HYDERABAD, India and NANJING, China, Dec. 1, 2021 /PRNewswire/ -- Excelra, a leading global data & analytics provider, today announced its partnership with Silexon AI Technology, a next-generation biotech company with a scalable AI/ML (Artificial Intelligence and Machine Learning) platform for drug discovery and biopharmaceutical research. Under the agreement, Excelra will provide ADMET and Binding [...]
India’s First Game-Based Investment Start-up Fello Raises 1 Million USD in Seed Round Led by Entrepreneur First, a Global Talent Investor
Bengaluru, Karnataka, India – Business Wire India Fello, India’s first game-based investment start-up, has raised $1 million in a seed round led by global talent investor, Entrepreneur First (EF). Other investors in the seed round included Acequia Capital, Kube VC, Upsparks, JITO Angels, Dexter Angels, and independent investors Ashneer Groover, Co-founder, BharatPe, Bala Parthasarathy, CEO [...]
Harrison.ai raises AUD$129 million and partners with Sonic Healthcare to develop pathology AI, accelerating its mission to expand capacity of global healthcare
$129 million funding raised from global venture firms and strategic investors including Horizons Ventures, I-MED Radiology and Sonic Healthcare in one of Australia's largest Series B funding rounds ever New pathology Joint Venture combines Harrison.ai's expertise in clinical artificial intelligence with Sonic Healthcare's clinical expertise and network SYDNEY, Dec. 1, 2021 /PRNewswire/ -- Harrison.ai, the [...]
OILSEEDS PRICES
Mumbai, Nov 30 (PTI) OILS (per 10 Kgs) G.Nut Raw 1310.00 Kardi Expeller - Sesame Expeller - Sunflower Exp. 1200.00 Sunflower Exp.Ref. 1285.00 Cottonseed(Refined) 1240.00 Refined Palm Oil 1182.00 Soyabean Ref. 1215.00 Imp.Soyabean Crude - Rapeseed Ref. 1710.00 Rapeseed Exp. 1680.00 Copra white 1670.00 Rice Bran 4-7% FFA - Rice Bran 1200.00 Linseed 2050.00 Castor [...]
Double-digit growth likely this year; fiscal deficit target to be met, says CEA
New Delhi, Nov 30 (PTI) Chief Economic Adviser (CEA) K V Subramanian on Tuesday exuded confidence that India would achieve double-digit growth in the current financial year on the back of policy initiatives and continuing reforms. He also said the country is well poised to meet the fiscal deficit target of 6.8 per cent of [...]
NMDC slashes lump ore prices by Rs 750 per tonne, fines by Rs 200 per tonne
New Delhi, Nov 30 (PTI) State-owned mining company NMDC on Tuesday slashed prices of lump ore by Rs 750 a tonne and fines Rs 200 per tonne, with immediate effect. In a regulatory filing, the company said it has revised the rates of lump ore or higher grade ore to Rs 5,200 a tonne. While [...]
PRICES MUM BULLION CLOSING
Mumbai, Nov 30 (PTI) SILVER SPOT (IN RS PER kg): 62055.00 STANDARD GOLD (99.5) : 47908.00 PURE GOLD (99.9) : 48101.00 --------------------- PTI MUM SVC SHW SHW
PRICES MUM BULLION OPEN
Mumbai, Nov 30 (PTI) SILVER SPOT (IN RS PER kg): 62008.00 STANDARD GOLD (99.5) : 47921.00 PURE GOLD (99.9) : 48114.00 -------------------- PTI MUM SVC SHW SHW
Guar gum futures fall on low demand
New Delhi, Nov 30 (PTI) Guar gum prices on Tuesday fell Rs 17 to Rs 10,150 per five quintal in futures market as traders offloaded their holdings in line with weak trend at spot market. On the National Commodity and Derivatives Exchange, guar gum for December delivery fell by Rs 17, or 0.17 per cent, [...]
Refined soya oil futures fall on low demand
New Delhi, Nov 30 (PTI) Refined soya oil prices on Tuesday fell by Rs 18.1 to Rs 1,198.5 per 10 kg in futures trade as speculators reduced holdings amid subdued demand in spot market. On the National Commodity and Derivatives Exchange, refined soya oil for delivery in December declined by Rs 18.1, or 1.49 per [...]
Crude oil futures dip on weak spot demand
New Delhi, Nov 30 (PTI) Crude oil prices on Tuesday fell by Rs 198 to Rs 5,145 per barrel after participants cut their positions. On the Multi Commodity Exchange, crude oil for December delivery dropped by Rs 198, or 3.71 per cent, to Rs 5,145 per barrel with a business volume of 6,703 lots. Analysts [...]
India Pavilion at Dubai projects start-ups, draws crowd
Dubai, Nov 30 (PTI) The young founders of start-up Biya, which produces environmentally sustainable decor and other household items, can't hide their delight at the response their work has generated at 'India Innovation Hub' of the India Pavilion, and the winding queue of visitors at the entrance underscores the buzz around the overall Indian show [...]
No proposal to recognise Bitcoin as currency: FM
New Delhi, Nov 29 (PTI) The government has no proposal to recognise Bitcoin as a currency in the country, Finance Minister Nirmala Sitharaman told the Lok Sabha on Monday. She also informed the House that the government does not collect data on Bitcoin transactions. Replying to a question on whether the government has any proposal [...]
PRICES MUM BULLION CLOSING
Mumbai, Nov 29 (PTI) SILVER SPOT (IN RS PER kg): 63046.00 STANDARD GOLD (99.5) : 47931.00 PURE GOLD (99.9) : 48124.00 --------------------- PTI MUM SVC SHW SHW
Cairn Oil & Gas Sweeps FIPI’s Annual Awards for the Petroleum Industry, Bags Best Production Company of the Year
The company also won awards for ‘Young Achiever female’ and ‘Young Achiever Male’ at the event hosted in New Delhi New Delhi, Delhi, India – Business Wire India Cairn Oil & Gas, India’s largest private oil and gas exploration company, has been awarded the ‘Oil & Gas Production Company of the year’ along with two [...]
PRICES MUM BULLION OPEN
Mumbai, Nov 29 (PTI) SILVER SPOT (IN RS PER kg): 63095.00 STANDARD GOLD (99.5) : 47925.00 PURE GOLD (99.9) : 48118.00 -------------------- PTI MUM SVC SHW SHW
Guar seed futures decline on low demand
New Delhi, Nov 29 (PTI) Guar seed prices on Monday slipped by Rs 89 to Rs 5,833 per 10 quintal in futures trade.On the National Commodity and Derivatives Exchange, guar seed contracts for December delivery was trading down by Rs 89, or 1.50 per cent, at Rs 5,833 per 10 quintal with an open interest [...]
Guar gum futures fall on low demand
New Delhi, Nov 29 (PTI) Guar gum prices on Monday fell Rs 284 to Rs 10,270 per five quintal in futures market as traders offloaded their holdings in line with weak trend at spot market. On the National Commodity and Derivatives Exchange, guar gum for December delivery fell by Rs 284, or 2.69 per cent, [...]
Refined soya oil futures fall on low demand
New Delhi, Nov 29 (PTI) Refined soya oil prices on Monday fell by Rs 6.7 to Rs 1,217 per 10 kg in futures trade as speculators reduced holdings amid subdued demand in spot market. On the National Commodity and Derivatives Exchange, refined soya oil for delivery in December declined by Rs 6.7, or 0.55 per [...]
Cottonseed oil futures fall on soft demand
New Delhi, Nov 29 (PTI) Cottonseed oil cake prices on Monday declined by Rs 59 to Rs 2,673 per quintal in futures trade as participants reduced their bets tracking a weak trend in spot market. Analysts said sell-off by participants at existing levels amid subdued trend in market mainly weighed on cottonseed oil cake prices. [...]
Crude oil futures surge on spot demand
New Delhi, Nov 29 (PTI) Crude oil prices on Monday rose by Rs 191 to Rs 5,377 per barrel as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for December delivery traded higher by Rs 191, or 3.68 per cent, to Rs 5,377 per barrel in 5,990 [...]
Jute Commissioner rejects IJMA’s proposal to revise fair price of raw jute
Kolkata, Nov 29 (PTI) The Jute Commissioner has rejected the suggestion of the Indian Jute Mills Association (IJMA) for revising the fair price of raw jute to Rs 7,200 per quintal and instead sought a price capping recommendation for finished jute sacking bags. The jute mills lobby body had submitted their suggestion to the Jute [...]
Silver ETFs to help investors in portfolio diversification: Experts
New Delhi, Nov 28 (PTI) With the introduction of norms for silver exchange traded funds (ETFs), investors will be able to invest in silver in a more liquid manner and can help in diversification of the portfolio, experts said on Sunday. The Securities and Exchange Board of India (Sebi) came out with operating [...]
FMCG market to taper down further due to high base effect: Report
New Delhi, Nov 28 (PTI) The Fast Moving Consumer Goods (FMCG) market will see further tapering down and decline in volumes, especially in the in-home consumption category due to a higher base effect, but there are some "silver linings" as some categories are maintaining higher penetration than the pre-pandemic level, data analytics and market insight [...]
Govt to introduce bill in Lok Sabha on Monday to repeal contentious farm laws
New Delhi, Nov 27 (PTI) To repeal the three contentious farm laws against which thousands of farmers have been protesting for the past one year, the government on Monday will introduce in Lok Sabha a new bill, which states that though "only a small group of farmers are protesting" against these legislations, the need of [...]
OILSEEDS PRICES
Mumbai, Nov 26 (PTI) OILS (per 10 Kgs) G.Nut Raw 1350.00 Kardi Expeller - Sesame Expeller - Sunflower Exp. 1215.00 Sunflower Exp.Ref. 1310.00 Cottonseed(Refined) 1265.00 Refined Palm Oil 1195.00 Soyabean Ref. 1240.00 Imp.Soyabean Crude - Rapeseed Ref. 1740.00 Rapeseed Exp. 1710.00 Copra white 1670.00 Rice Bran 4-7% FFA - Rice Bran 1230.00 Linseed 2000.00 Castor [...]
Tomato prices may soften from Dec with arrival of fresh crop from northern states:Govt
New Delhi, Nov 26 (PTI) All India average retail tomato price, which has shot up by 63 per cent to Rs 67 per kg over the last year due to unseasonal rains, are likely to soften from December with the arrival of fresh crop from northern states, the government said on Friday. In the case [...]
Gold Bond issue price fixed at Rs 4,791/gm; subscription opens Mon
Mumbai, Nov 26 (PTI) The issue price for Sovereign Gold Bond Scheme 2021-22, which will open for subscription for five days from November 29, has been fixed at Rs 4,791 per gram of gold, the Reserve Bank of India said on Friday. The Sovereign Gold Bond Scheme 2021-22 - Series VIII will be open for [...]
Tomato price rises to Rs 75 per kg in national capital
New Delhi, Nov 26 (PTI) Retail tomato price on Friday shot up to Rs 75 per kilogram in the national capital while the rates in some parts of South India softened but were still high, according to government data. In Chennai, retail tomato price declined to Rs 63 per kg on Friday from the peak [...]
PRICES MUM BULLION CLOSING
Mumbai, Nov 26 (PTI) SILVER SPOT (IN RS PER kg): 63612.00 STANDARD GOLD (99.5) : 48272.00 PURE GOLD (99.9) : 48466.00 --------------------- PTI MUM SVC SHW SHW
Hafele’s Loox Expands its Range of Light Fittings with New Advanced Features
Bangalore, Karnataka, India (NewsVoir) To provide you with the best experience in all areas of your home, Häfele brings to you the latest technologies and products that not only cater to your ever changing and evolving needs but also adhere to current trends in the market. The existing Loox Range of light fittings includes a [...]
Tomato prices to remain elevated for two more months: Crisil Research
Mumbai, Nov 26 (PTI) Wayward and excess rains have resulted in the ongoing spike in vegetable prices, and the cost of tomatoes will continue to be at elevated levels for two more months, Crisil Research said on Friday. The situation in Karnataka, one of the major tomato growing regions, is so "grim" that the vegetable [...]
PRICES MUM BULLION OPEN
Mumbai, Nov 26 (PTI) SILVER SPOT (IN RS PER kg): 63460.00 STANDARD GOLD (99.5) : 47801.00 PURE GOLD (99.9) : 47993.00 -------------------- PTI MUM SVC SHW SHW
Crude oil futures dip on weak spot demand
New Delhi, Nov 26 (PTI) Crude oil prices on Friday fell by Rs 297 to Rs 5,540 per barrel after participants cut their positions. On the Multi Commodity Exchange, crude oil for December delivery dropped by Rs 297, or 5.09 per cent, to Rs 5,540 per barrel with a business volume of 6,429 lots. Analysts [...]
Need to increase awareness on commodity derivatives market: SEBI ED
Speaking on the occasion of World Investor Week 2021 at the Multi Commodity Exchange of India (MCX), Sebi Executive Director G P Garg said there is an urgent need to increase awareness about the commodity derivatives market among investors as the level of financial inclusion in the segment is very low. The World Investor Week [...]
Frequently Asked Questions
1. What is Commodity?
Commodities in simple terms are raw materials or agricultural products that can be bought and sold. These are basic goods in commerce used as building blocks of the global economy. One very important characteristic of a commodity is that its quality may differ slightly but is essentially uniform across producers.
2. What is Commodity News?
Commodity Market News provides you with all the news relating to the commodity market and commodity prices and if you’re a commodity derivatives trader then this will help you a lot. You can get all the news on the commodities Market only on Trade Brains News
3. What is Commodity Trading?
Commodities just like other asset classes are bought and sold on an exchange. These exchanges are called commodity exchanges and they tend to be specialized for such securities. Trading in these types of assets is called commodity trading.
4. What is Bullion Market?
Bullion is gold and silver that is formally perceived as being basically 99.5% and 99.9% unadulterated and is as bars or ingots. Bullion is regularly kept as a safe resource by states and national banks.
5. What are the types of Commodities?
Agricultural – Corn, beans, rice, wheat, cotton, etc.
Energy – Crude Oil, Coal, and other fossil fuels
Metals – Silver, Gold, Platinum, Copper.
Livestock and Meat – Eggs, Pork Cattle.