Rallis India posts Rs 14 crore loss in Q4
Mumbai, Apr 21 (PTI) Rallis India, a subsidiary of Tata Chemicals, on Thursday reported a consolidated loss of Rs 14 crore for the March quarter due to multiple challenges, including in seeds business. The company has posted a consolidated profit after tax of Rs 8 crore during the corresponding quarter of the previous financial year, [...]
COMMODITY PRICES
SLUG : COMMODITY PRICES BCM : ESPL/ECO/COM MUMBAI, APRIL 21 (PTI) METAL:IN RS.PER KG INCLUSIVE OF GST. COPPER :- COPPER CABEL SCRAP (BERRY) 802.00 COPPER HEAVY SCRAPS 791.00 COPPER ARMATURE (CREDIT) 773.00 COPPER UTENSILS SCRAP 712.00 CC ROD 845.00 CC ROD (RECYCLED) 805.00 BRASS :- BRASS SHEET CUTTING 588.00 BRASS UTENSIL SCRAP 549.00 BRASS HONEY [...]
Maruti Suzuki India launches new version of XL6
New Delhi, Apr 21 (PTI) The country's largest carmaker Maruti Suzuki India on Thursday launched a new version of its multi-purpose vehicle XL6 as it gears up to bring a slew of new products this fiscal and take the challenges of prevailing uncertainties head-on.The new XL6 is powered by a 1.5-litre petrol engine with a [...]
India in much better place to face Ukrainian crisis due to its successful macroeconomic management of pandemic: IMF official
Washington, Apr 21 (PTI) The successful macroeconomic management of the Covid-19 pandemic has resulted in a strong recovery of India’s economy because of which the country is in a better position to face the economic fallout of the current Ukrainian crisis, a top official from the International Monetary Fund has said. Observing that India represents [...]
Top Latest News on Commodity Market
BIS asks soy product makers to get quality certification, use ISI mark
New Delhi, Mar 10 (PTI) With the increased acceptance of soy products amid growing health consciousness among general people, the government agency Bureau of Indian Standards on Thursday asked manufacturers of soya products to use 'ISI mark' on their products by taking BIS quality certification.The ISI mark is a standards-compliance mark for industrial products in [...]
MS flags stagflation risk, cuts FY23 GDP growth forecast by 0.50 pc on Ukraine tensions
Mumbai, Mar 10 (PTI) American brokerage firm Morgan Stanley on Thursday sharply cut its India FY23 real GDP growth estimate to 7.9 per cent, mainly due to the impact of the Russia-Ukraine conflict on oil prices.Analysts at the brokerage also raised their inflation forecast to 6 per cent - the upper end of the tolerance [...]
Rupee darts up 19 paise to 76.43 against US dollar
Mumbai, Mar 10 (PTI) Rising for the second straight day, the rupee appreciated by 19 paise to close at 76.43 against the US dollar on Thursday, supported by positive domestic equities and trends in state election results. At the interbank forex market, the local unit opened at 76.27 against the greenback and witnessed an intra-day [...]
Kisanserv empowering farmers and helping companies build scalable business with technology & innovation
―The award-winning agritech startup has become the backbone of e-commerce players with its tech-enabled collection centers for delivery in record time. Mumbai 10th March 2022: Utilising technology and innovation to solve on-ground problems in supply chain and help companies build scalable businesses, Kisanserv is bringing a paradigm shift in the Indian agritech landscape. The award-winning [...]
BULLION CLOSING RATES
BULLION CLOSING RATE MUMBAI, MARCH 10 (PTI) MUMBAI BULLION :- OPENING CLOSING OPENING RATES SILVER SPOT (IN RS PER KILO) : 68837.00 69815.00 STANDARD GOLD (99.5) : 52021.00 52668.00 PURE GOLD (99.9) : 52230.00 52880.00 KOLKATA BULLION CLOSING SILVER RDY.(BAR) : Rs.69,300.00(71,700.00) Per Kg.SILVER RDY(PORTION) : Rs.69,400.00(71,800.00) Per Kg.GOLD (24-CARAT) RDY. : Rs.53,100.00(54,700.00) Per 10 [...]
Sensex rallies for 3rd day amid Asian rebound, state poll results
Mumbai, Mar 10 (PTI) Equity benchmarks maintained their winning momentum for the third session running on Thursday, buoyed by a bullish trend in Asian markets and state election results being in line with expectations. A strengthening rupee added to the momentum despite uncertainties related to the Ukraine crisis, traders said. The 30-share BSE Sensex opened [...]
MUM PEPPER COPRA CLOSING RATES
MUMBAI, MAR 10 (PTI) Mumbai :- PEPPER COPRA CLOSING RATES :- BLACK PEPPER READY 560 / 620 GINGER BLEACHED -- GINGER UNBLEACHED 155 COPRA OFFICE ALAPUZHA 10300 COPRA OFFICE KOZIZODE 10000 COPRA RAJAPUR MUMBAI 11500 COPRA EDIBLE MUMBAI 12500 COCHIN COCONUT OIL ---- COCONUT OIL MUMBAI 1780 T.P ------------------ PTI MUM SVCSVC SVC
OILSEEDS PRICES
MARCH 10,2022 MUMBAI, (PTI) OILS (per 10 Kgs) DEOILED CAKES (per M.T.) G.N.Extr.45% 42000.00 Kardi Extr - Sesame Extr - Cottonseed Extr - Undec Cottonseed 36500.00 Rice Bran Extr. - Sunflower Extr. 31000.00 Rapeseed Extr. - Soyameal 48% 63652.00 Castor Extr. 13150.00 OIL SEEDS (per 100 Kgs) Gr. Kernel 8100.00 Gr. Bolds 60/70 8800.00 Gr. [...]
Soyabean imports revised downwards to 3.50 lakh tons for 2021-22: SOPA
New Delhi, Mar 10 (PTI) Soybean Processors Association of India (SOPA) on Thursday revised downwards the country's soyabean imports to 3.50 lakh tonnes for the ongoing 2021-22 oil year from the earlier projection of 4 lakh tonnes on lower crushing and slow meal off-take.Oil year runs from October to September. The country had imported 5.48 [...]
Guar gum futures gain on demand
New Delhi, Mar 10 (PTI) Guar gum prices on Thursday gained Rs 137 to Rs 11,257 per five quintals in futures trade as speculators increased their holdings on spot demand. On the National Commodity and Derivatives Exchange, guar gum contracts for March delivery traded higher by 1.23 per cent or Rs 137 at Rs 11,257 [...]
Guar seed futures rise on fresh bets
New Delhi, Mar 10 (PTI) Guar seed prices on Thursday rose by Rs 71 to Rs 6,152 per 10 quintals in futures trade after speculators increased their positions driven by a firm trend at spot market. On the National Commodity and Derivatives Exchange, guar seed contracts for March delivery increased by Rs 71 or 1.17 [...]
Crude oil futures gain on spot demand
New Delhi, Mar 10 (PTI) Crude oil prices on Thursday rose by Rs 102 to Rs 8,615 per barrel as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for March delivery traded higher by Rs 102 or 1.2 per cent to Rs 8,615 per barrel in 7,204 [...]
BULLION OPENING
SLUG PRICES MUM GENERAL OPEN MARCH 10 MUMBAI, (PTI) OPENING RATES SILVER SPOT (IN RS PER KILO) : 68837.00 STANDARD GOLD (99.5) : 52021.00 PURE GOLD (99.9) : 52230.00 KOLKATA BULLION OPENING SILVER RDY.(BAR) : Rs.71,700.00 Per Kg.SILVER RDY.(PORTION) : Rs.71,800.00 Per Kg.GOLD (24-CARAT) RDY. : Rs.54,700.00 Per 10 Gms.GOLD (22-CARAT) RDY. : Rs.51,900.00 Per [...]
MUM PEPPER COPRA OPEN RATES
MUMBAI, MAR 10 (PTI) Mumbai :- PEPPER COPRA RATES :- BLACK PEPPER READY 560 / 620 GINGER BLEACHED -- GINGER UNBLEACHED 155 COPRA OFFICE ALAPUZHA 10300 COPRA OFFICE KOZIZODE 10000 COPRA RAJAPUR MUMBAI 11500 COPRA EDIBLE MUMBAI 12500 COCHIN COCONUT OIL ---- COCONUT OIL MUMBAI 1780 T.P ------------------------ PTI MUM SVCSVC SVC
Rupee rebounds 38 paise to 76.62 against US dollar
Mumbai, Mar 9 (PTI) The rupee appreciated 38 paise to close at 76.62 against the US dollar on Wednesday following a retreat in crude oil prices and rebound in domestic equities.At the interbank forex market, the local unit opened at 76.90 against the greenback and witnessed an intra-day high of 76.53 and a low of [...]
India adds record 1,700 megawatt rooftop solar capacity in 2021: Mercom India
New Delhi, Mar 9 (PTI) India installed a record 1,700 megawatt (MW) of rooftop solar capacity in 2021, registering a 136 per cent year-on-year rise, according to a Mercom India Research report.The country had added 719 MW of rooftop solar capacity in 2020, the research firm said in its latest report on Wednesday.India added a [...]
BULLION CLOSING RATE
BULLION CLOSING RATE MUMBAI, MARCH 9 (PTI) MUMBAI BULLION :- OPENING CLOSING SILVER SPOT (IN RS PER KILO) : 71878.00 70834.00 STANDARD GOLD (99.5) : 54066.00 52928.00 PURE GOLD (99.9) : 54283.00 53141.00 -------------------------- KOLKATA BULLION CLOSING Kolkata, Mch.09(PTI): SILVER RDY.(BAR) : Rs.71,700.00(71,100.00) Per Kg.SILVER RDY.(PORTION) : Rs.71,800.00(71,200.00) Per Kg.GOLD (24-CARAT) RDY. : Rs.54,700.00(54,250.00) Per [...]
BULLION CLOSING RATE
MUMBAI, MARCH 9 (PTI) MUMBAI BULLION :- OPENING CLOSING SILVER SPOT (IN RS PER KILO) : 71878.00 70834.00 STANDARD GOLD (99.5) : 54066.00 52928.00 PURE GOLD (99.9) : 54283.00 53141.00 -------------------------- PTI MUM SSBSSB SSB
PEPPER COPRA CLOSING
MARCH 9, 2022 MUMBAI, (PTI) Mumbai :- PEPPER COPRA RATES :- BLACK PEPPER READY 560 / 620 GINGER BLEACHED -- GINGER UNBLEACHED 155 COPRA OFFICE ALAPUZHA 10300 COPRA OFFICE KOZIZODE 10000 COPRA RAJAPUR MUMBAI 11500 COPRA EDIBLE MUMBAI 12500 COCHIN COCONUT OIL ---- COCONUT OIL MUMBAI 1780 T.P ------------------ PTI MUM SSBSSB SSB
OILSEEDS PRICES
OILS (per 10 Kgs) DEOILED CAKES (per M.T.) G.N.Extr.45% 43000.00 Kardi Extr - Sesame Extr - Cottonseed Extr - Undec Cottonseed 37000.00 Rice Bran Extr. - Sunflower Extr. 31000.00 Rapeseed Extr. - Soyameal 48% 63652.00 Castor Extr. 12850.00 OIL SEEDS (per 100 Kgs) Gr. Kernel 8000.00 Gr. Bolds 60/70 8800.00 Gr. Javas 60/70 10300.00 Gr [...]
Surge in commodity prices may push CAD to 2.8% of GDP in Q3: Report
Mumbai, Mar 9 (PTI) The country's current account deficit (CAD) is likely to widen to a 13-quarter high of USD 23.6 billion or 2.8 per cent of GDP in October-December 2021-22 due to higher commodity prices following the Russia-Ukraine conflict, India Ratings and Research (Ind-Ra) said in a report. The report said although the Omicron-led [...]
Crude oil futures rise on spot demand
New Delhi, Mar 9 (PTI) Crude oil prices rose by Rs 177 to Rs 9,615 per barrel on Wednesday as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for March delivery traded higher by Rs 177 or 1.88 per cent at Rs 9,615 per barrel in 9,009 [...]
Guar gum futures gain on demand
New Delhi, Mar 9 (PTI) Guar gum prices on Wednesday rose by Rs 183 to Rs 10,920 per five quintals in futures trade as speculators increased their holdings on spot demand. On the National Commodity and Derivatives Exchange, guar gum contracts for March delivery traded higher by 1.7 per cent or Rs 183 at Rs [...]
Guar seed futures rise on fresh bets
New Delhi, Mar 9 (PTI) Guar seed prices on Wednesday rose by Rs 55 to Rs 5,985 per 10 quintals in futures trade after speculators increased their positions driven by a firm trend at spot market. On the National Commodity and Derivatives Exchange, guar seed contracts for March delivery increased by Rs 55 or 0.93 [...]
BULLION OENING RATE
SLUG PRICES MUM GENERAL OPEN MARCH 9, 2022 MUMBAI, (PTI) OPENING RATES SILVER SPOT (IN RS PER KILO) : 71878.00 STANDARD GOLD (99.5) : 54066.00 PURE GOLD (99.9) : 54283.00 CALCUTTA BULLION :- SILVER RDY.(BAR) : Rs.71,100.00 Per Kg.SILVER RDY.(PORTION) : Rs.71,200.00 Per Kg.GOLD(24-CARAT) RDY. : Rs.54,250.00 Per 10 Gms.GOLD(22-CARAT) RDY. : Rs.51,450.00 Per 10 [...]
PEPPER COPRA RATES
MARCH 9, 2022 MUMBAI, (PTI) Mumbai :- PEPPER COPRA RATES :- BLACK PEPPER READY 560 / 620 GINGER BLEACHED -- GINGER UNBLEACHED 155 COPRA OFFICE ALAPUZHA 10300 COPRA OFFICE KOZIZODE 10000 COPRA RAJAPUR MUMBAI 11500 COPRA EDIBLE MUMBAI 12500 COCHIN COCONUT OIL ---- COCONUT OIL MUMBAI 1780 T.P ------------------ PTI MUM SSBSSB SSB
Women prefer cash for retail payments; digital adoption high among younger gen: Survey
New Delhi, Mar 8 (PTI) For most women, cash is still the king when it comes to making payments at retail outlets, even as those in age group of 21-30 years are the most adept digitally, according to a survey. Cash continues to dominate the payment space among women as more than 60 per cent [...]
IOC signs pact with APSEZ to expand crude oil volumes at Mundra Port
New Delhi, Mar 8 (PTI) Adani Ports and Special Economic Zone (APSEZ) on Tuesday said it has signed an agreement with Indian Oil towards augmentation of the latter's crude oil volumes at Mundra. APSEZ in a statement said Indian Oil Corp Ltd (IOCL) shall expand its existing crude oil tank farm at APSEZ's Mundra Port, thus [...]
BULLION CLOSING
MUMBAI, MARCH 8 (PTI) MUMBAI BULLION :- OPENING CLOSING SILVER SPOT (IN RS PER KILO) : 70349.00 70890 STANDARD GOLD (99.5) : 53196.00 53334 PURE GOLD (99.9) : 53410.00 53548 -------------------------- PTI MUM SVC SSBSSB SSB
IOC to build more crude oil tanks at Adani’s Mundra port
New Delhi, Mar 8 (PTI) Indian Oil Corporation (IOC), the nation's largest oil firm, will build nine more storage tanks to stock additional 10 million tonnes of crude oil at Adani group-operated Mundra port in Gujarat. "Adani Ports and Special Economic Zone (APSEZ) has signed an agreement with IOC towards augmentation of IOC's crude oil [...]
PEPPER COPRA CLOSING RATES
MUMBAI, MAR 8 (PTI) Mumbai :- PEPPER COPRA RATES :- BLACK PEPPER READY 560 / 620 GINGER BLEACHED -- GINGER UNBLEACHED 155 COPRA OFFICE ALAPUZHA 10300 COPRA OFFICE KOZIZODE 10000 COPRA RAJAPUR MUMBAI 11500 COPRA EDIBLE MUMBAI 12500 COCHIN COCONUT OIL ---- COCONUT OIL MUMBAI 1780 T.P ------------------ PTI MUM SVCSVC SVC
Guar seed futures decline on low demand
New Delhi, Mar 8 (PTI) Guar seed prices on Tuesday declined by Rs 116 to Rs 5,814 per 10 quintals in the futures trade. On the National Commodity and Derivatives Exchange, guar seed contracts for March delivery was trading at Rs 5,814, down by Rs 116 or 1.96 per cent per 10 quintals with an [...]
MUM OILSEEDS CLOSING
MUMBAI, MAR 8 (PTI) OILS (per 10 Kgs) G.Nut Raw 1550.00 Kardi Expeller - Sesame Expeller - Sunflower Exp. - Sunflower Exp.Ref. 1700.00 Cottonseed(Refined) 1560.00 Refined Palm Oil 1535.00 Soyabean Ref. 1550.00 Imp.Soyabean Crude - Rapeseed Ref. 1560.00 Rapeseed Exp. 1530.00 Copra white 1640.00 Rice Bran 4-7% FFA - Rice Bran 1420.00 Linseed 1950.00 Castor [...]
Levi’s #IShapeMyWorld Season 7 – The Power of Women Supporting Women
The storytelling platform, now a year-long initiative, adds enablement to these powerful stories of unstoppable women Bengaluru, Karnataka, India – Business Wire India This International Women’s Day, Levi’s® unveils Season 7 of their iconic, Levi’s® #IShapeMyWorld campaign, which has since evolved into a year-long digital initiative. This season the campaign goes beyond talking about inspiring [...]
Guar gum futures fall on low demand
New Delhi, Mar 8 (PTI) Guar gum prices on Tuesday fell by Rs 266 to Rs 10,432 per five quintals in the 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 March delivery fell by Rs 266 or 2.69 [...]
Crude oil futures rise on spot demand
New Delhi, Mar 8 (PTI) Crude oil prices rose by Rs 37 to Rs 9,321 per barrel on Tuesday as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for March delivery traded higher by Rs 37 or 0.4 per cent at Rs 9,321 per barrel in 9,660 [...]
Petrol, diesel price hike coming soon
New Delhi, Mar 7 (PTI) Petrol and diesel prices are likely to be hiked this week as oil companies prepare to pare losses accumulated from keeping rates steady for over four months in the run-up to assembly elections in five states, including UP, despite international oil prices jumping to a 13-year high of USD 140 [...]
Rosneft-backed Nayara Energy put under credit watch: CARE Ratings
New Delhi, Mar 7 (PTI) Russian oil firm Rosneft-backed Nayara Energy has been put on 'credit watch with negative implications' due to sanctions against Moscow for its invasion of Ukraine, CARE Ratings said Monday. Nayara, which is 49.13 per cent owned by Rosneft, operates a 20 million tonnes-a-year oil refinery at Vadinar in Gujarat and [...]
Rupee plummets 76 paise to 76.93/USD as oil soars
Mumbai, Mar 7 (PTI) Sliding for the fourth straight session, the rupee tanked 76 paise to close at 76.93 on Monday, after touching its lifetime low of 77 against the US dollar, as crude oil prices climbed to multi-year highs amid the Russia-Ukraine crisis. Global oil prices soared past USD 120 per barrel amid the [...]
PRICES MUM OILSEEDS PRICES
MUMBAI, MARCH 7 (PTI) G.Nut Raw 1550.00 Kardi Expeller - Sesame Expeller - Sunflower Exp. - Sunflower Exp.Ref. 1700.00 Cottonseed(Refined) 1560.00 Refined Palm Oil 1535.00 Soyabean Ref. 1550.00 Imp.Soyabean Crude - Rapeseed Ref. 1560.00 Rapeseed Exp. 1530.00 Copra white 1640.00 Rice Bran 4-7% FFA - Rice Bran 1420.00 Linseed 1950.00 Castor Comm. 1455.00 F.S.G. 1465.00 [...]
MUMBAI, MAR 7 (PTI)
OPENING RATES SILVER SPOT (IN RS PER KILO): 69920.00 STANDARD GOLD (99.5) : 53021.00 PURE GOLD (99.9) : 53234.00 -------- CALCUTTA BULLION :- SILVER RDY.(BAR) : Rs.69,200.00 Per Kg.SILVER RDY.(PORTION) : Rs.69,300.00 Per Kg.GOLD (24-CARAT) RDY. : Rs.53,100.00 Per 10 Gms.GOLD (22-CARAT) RDY. : Rs.50,400.00 Per 10 Gms.HALLMARKED GOLD(22-CT) RDY.: Rs.51,150.00 Per 10 Gms.--------------- PTI [...]
Guar seed futures decline amid ample supplies
New Delhi, Mar 7 (PTI) Guar seed prices on Monday went down by Rs 45 to Rs 5,935 per 10 quintals in futures trade. On the National Commodity and Derivatives Exchange, guar seed contracts for March delivery was trading at Rs 5,935, down by Rs 45 or 0.75 per cent per 10 quintals with an [...]
Guar gum futures fall on low demand
New Delhi, Mar 7 (PTI) Guar gum prices on Monday fell by Rs 147 to Rs 10,705 per five quintals 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 contracts for March delivery fell by Rs 147 or 1.35 [...]
Crude oil futures rise on spot demand
New Delhi, Mar 7 (PTI) Crude oil prices rose by Rs 1,005 to Rs 9,585 per barrel on Monday as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for March delivery traded higher by Rs 1,005 or 11.71 per cent to Rs 9,585 per barrel in 11,324 [...]
Ram Charan Company to supply chargers to Olympic gold medallist Usain Bolt’s EV venture
Mumbai, Mar 6 (PTI) Ram Charan Company, the Chennai-based renewable energy specialist with focus on sustainable R&D, has inked a partnership with Bolt Mobility, the electric mobility venture co-founded by eight-time Olympic gold medallist Usain Bolt. The US-based Bolt Mobility is into personal transportation with focus on small electric two-wheelers, and is committed to ensuring [...]
Costlier crude oil pushing up raw material prices: Jindal Steel & Power MD
New Delhi, Mar 6 (PTI) There is a need to control energy prices across the globe as rising crude oil rates, amid the Ukraine-Russia conflict, are making raw materials costlier for the steel industry, according to a top industry executive. On the ongoing conflict between the two countries, Jindal Steel and Power Ltd (JSPL) Managing [...]
Joint study on India-Bangladesh trade pact to be finalised soon: Comm min
New Delhi, Mar 5 (PTI) India and Bangladesh will soon finalise a joint study on the prospects of entering into a bilateral free trade agreement, which aims at further strengthening economic ties between the countries, the commerce ministry said on Saturday. The issue was discussed during a meeting between Commerce Secretary BVR Subrahmanyam and Bangladesh's [...]
India, Mexico to take their trade relationship to a new level : Envoy
Kolkata, Mar 4 (PTI) The Ambassador of Mexico to India, Federico Salas Lotfe on Friday said that the association between India and Mexico is more than a decade old and the two countries intend to take their trade relationship to a new level after the pandemic, during which everything came to a halt. Lotfe said [...]
MUMBAI, MARCH 4
(PTI) MUMBAI BULLION :- OPENING CLOSEING SILVER SPOT (IN RS PER KILO): 67743.00 67931.00 STANDARD GOLD (99.5) : 51482.00 51577.00 PURE GOLD (99.9) : 51689.00 51784.00 -------------- PTI MUM SSB SSB
MUMBAI, MAR 4
(PTI) METAL:IN RS.PER KG INCLUSIVE OF GST.COPPER :- COPPER CABEL SCRAP 802.00 COPPER HEAVY SCRAPS 790.00 COPPER ARMATURE (CREDIT) 768.00 COPPER UTENSILS SCRAP 700.00 CC ROD 854.00 BRASS :- BRASS SHEET CUTTING 565.00 BRASS UTENSIL SCRAP 515.00 BRASS HONEY 500.00 ALUMINIUM :- ALUMINIUM UTENSIL SCARPS 201.00 ALUMINIUM EXTRUSION SCRAP 243.00 ALUMINIUM INGOTS 300.00 OTHER : [...]
Crude oil futures decline on low demand
New Delhi, Mar 4 (PTI) Crude oil futures on Friday dropped 0.94 per cent to Rs 8,262 per barrel as participants trimmed their positions on low demand. On the Multi Commodity Exchange, crude oil for the March delivery fell by Rs 78 or 0.94 per cent to Rs 8,262 per barrel with a business volume [...]
Guar gum futures fall on low demand
New Delhi, Mar 4 (PTI) Guar gum prices on Friday fell by Rs 42 to Rs 10,848 per five quintals 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 contracts for March delivery fell by Rs 42 or 0.39 [...]
Guar seed futures decline on low demand
New Delhi, Mar 4 (PTI) Guar seed prices on Friday went down by Rs 9 to Rs 5,983 per 10 quintals in futures trade. On the National Commodity and Derivatives Exchange, guar seed contracts for March delivery was trading at Rs 5,983 per 10 quintals, down by Rs 9 or 0.15 per cent with an [...]
MUMBAI, MAR 4 (PTI)
OILS (per 10 Kgs) G.Nut Raw 1540.00 Kardi Expeller - Sesame Expeller - Sunflower Exp. - Sunflower Exp.Ref. 1680.00 Cottonseed(Refined) 1570.00 Refined Palm Oil 1535.00 Soyabean Ref. 1590.00 Imp.Soyabean Crude - Rapeseed Ref. 1580.00 Rapeseed Exp. 1550.00 Copra white 1640.00 Rice Bran 4-7% FFA - Rice Bran 1420.00 Linseed 1900.00 Castor Comm. 1470.00 F.S.G. 1480.00 [...]
M&M signs pact with IIT Madras-incubated entity to launch campers in India
New Delhi, Mar 4 (PTI) Mahindra and Mahindra (M&M) on Friday said it has signed a pact with Campervan Factory, an IIT Madras-incubated research-based caravan manufacturing company, to launch campers in India. These well-equipped campers, based on the double-cab Bolero Camper Gold platform, will cater to the self-drive tourism segment that is gaining popularity in [...]
SHRIRAM AUTOMALL SUCCESSFULLY AUCTIONS OVER 7900 PRE-OWNED VEHICLES & OTHER ASSETS IN A SINGLE DAY PROCESSING TRANSACTIONS OVER INR 215 CRORE FROM OVER 14,500 LISTINGS
SAMIL Utsav, a one-of-its-kind phygital auction was celebrated by conducting 100+ Auctions in 100 cities across India • Over 14,500 vehicles & other assets were displayed for the auctions with over 30,000 customer footfalls registering from over 100 cities • Phygital (Physical plus Digital) Auctions facility empowered both buyers & sellers across India • Biggest [...]
MUMBAI, MAR 4 (PTI)
OPENING RATES SILVER SPOT (IN RS PER KILO): 67743.00 STANDARD GOLD (99.5) : 51482.00 PURE GOLD (99.9) : 51689.00 -------- CALCUTTA BULLION :- N/A.-------- PTI MUM SVC SVC SVC
LT Foods’ subsidiary firm acquires 51 pc stake in US-based Golden Star Trading Inc
New Delhi, Mar 3 (PTI) Consumer food company LT Foods on Thursday announced the acquisition of a 51 per cent stake in the US-based Golden Star Trading Inc along with its brand for an undisclosed amount, with a call option to further buy 49 per cent equity at the end of three years. The acquisition has [...]
Rupee slips 14 paise to 75.94 against USD amid surging crude
Mumbai, Mar 3 (PTI) The rupee declined by 14 paise to close at 75.94 against the US dollar on Thursday, pressured by surging crude oil prices amid intensifying conflict between Russia and Ukraine. Persistent foreign capital outflows and subdued domestic equity markets also affected market sentiment, forex dealers said. At the interbank foreign exchange market, [...]
MUMBAI, MARCH 3
(PTI) MUMBAI BULLION :- OPENING CLOSING SILVER SPOT (IN RS PER KILO) : 67652.00 68015.00 STANDARD GOLD (99.5) : 51122.00 51431.00 PURE GOLD (99.9) : 51328.00 51638.00 -------------- PTI MUM SSB SSB
Sensex, Nifty surrender early gains as boiling oil plays spoilsport; IT stocks stand tall
Equity indices relinquished early gains to close in the red for the second straight session on Thursday as surging oil prices amid the ongoing conflict between Russia and Ukraine sapped risk appetite. Crude oil prices ratcheted up towards the USD 120 per barrel mark on fears of supply disruptions as western nations tightened sanctions on [...]
IIM Calcutta registers 100pc placement, average salary hits record Rs 34 lakh
Kolkata, Mar 3 (PTI) Indian Institute of Management (IIM) Calcutta has recorded 100 per cent placement for its 57th batch, with a record average salary of Rs 34.2 lakh per annum, the premier business institute said in a statement. More than 190 firms participated in the final placement process held virtually last week. A total [...]
FPI holdings in domestic equities down 2% to $654 bn in Oct-Dec: Report
New Delhi, Mar 3 (PTI) The value of foreign portfolio investors' (FPI) holdings in domestic equities reached USD 654 billion in three months ended December 2021, a drop of nearly 2 per cent from the preceding quarter, according to a Morningstar report. This was largely on the back of a massive sell-off by foreign investors [...]
MUMBAI, MAR 3 (PTI)
METAL:IN RS.PER KG INCLUSIVE OF GST.COPPER :- COPPER CABEL SCRAP 787.00 COPPER HEAVY SCRAPS 777.00 COPPER ARMATURE (CREDIT) 756.00 COPPER UTENSILS SCRAP 675.00 CC ROD 844.00 BRASS :- BRASS SHEET CUTTING 562.00 BRASS UTENSIL SCRAP 510.00 BRASS HONEY 496.00 ALUMINIUM :- ALUMINIUM UTENSIL SCARPS 201.00 ALUMINIUM EXTRUSION SCRAP 243.00 ALUMINIUM INGOTS 300.00 OTHER : - [...]
Crude oil futures rise on spot demand
New Delhi, Mar 3 (PTI) Crude oil prices rose Rs 473 to Rs 8,716 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 5.74 per cent at Rs 8,716 per [...]
Guar seed futures rise on fresh bets
New Delhi, Mar 3 (PTI) Guar seed prices on Thursday rose by Rs 68 to Rs 6,024 per 10 quintal in the futures trade after speculators increased their positions driven by a firm trend at spot market. On the National Commodity and Derivatives Exchange, guar seed for March contracts increased by Rs 68 or 1.14 [...]
Guar gum futures gain on demand
New Delhi, Mar 3 (PTI) Guar gum prices on Thursday gained by Rs 150 to Rs 11,110 per five quintal in the futures trade as speculators increased their holdings on spot demand. On the National Commodity and Derivatives Exchange, guar gum contracts for March delivery traded higher by Rs 150 or 1.42 per cent to [...]
MUMBAI, MAR 3
(PTI) OILS (per 10 Kgs) G.Nut Raw 1550.00 Kardi Expeller - Sesame Expeller - Sunflower Exp. - Sunflower Exp.Ref. 1700.00 Cottonseed(Refined) 1600.00 Refined Palm Oil 1575.00 Soyabean Ref. 1600.00 Imp.Soyabean Crude - Rapeseed Ref. 1580.00 Rapeseed Exp. 1550.00 Copra white 1650.00 Rice Bran 4-7% FFA - Rice Bran 1420.00 Linseed 1950.00 Castor Comm. 1490.00 F.S.G. [...]
PRICES MUM GENERAL OPEN
MUMBAI, MAR 3 (PTI) OPENING RATES SILVER SPOT (IN RS PER KILO): 67652.00 STANDARD GOLD (99.5) : 51122.00 PURE GOLD (99.9) : 51328.00 -------- CALCUTTA BULLION :- N/A.-------- PTI MUM SVC SVC SVC
How Bajaj Finance Fixed Deposit can Help in Growing your Money
Pune, Maharashtra, India (NewsVoir) COVID-19 has brought so much volatility in the financial market that the one question troubling investors is, “where should I invest?” A good investment plan helps grow one’s hard-earned money during such uncertain times while keeping it safe from market volatility. Experts advise that one should align investments with risk appetite, [...]
MUMMBAI, MAR 2 (PTI)
MUMBAI BULLION :- OPENING CLOSING SILVER SPOT (IN RS PER KILO) : 67030.00 67112.00 STANDARD GOLD (99.5) : 51361.00 51194.00 PURE GOLD (99.9) : 51567.00 51400.00 -------------- PTI MUM SVC SVC SVC
Sensex snaps 2-day gains as Russia-Ukraine conflict escalates; Tata Steel, RIL spurt
Mumbai, Mar 2 (PTI) Reversing their two-session rising streak, equity benchmarks buckled under selling pressure on Wednesday as the Russia-Ukraine war hammered investor confidence and roiled financial markets globally. A sharp depreciation in the rupee, unabated selling by foreign investors and lacklustre macroeconomic data added to the gloom, analysts said. The 30-share BSE Sensex opened [...]
EventScape Announces India’s First Community For Independent Filmmakers to Host, Ticket, Stream and Engage their Audiences
Mumbai, Maharashtra, India (NewsVoir) EventScape.live aims to provide creators & makers an easy-to-use platform for distribution and marketing of their content such as feature films, short films, shows, documentaries and plays to their communities, along with additional services like financial, legal, social and mentorship. With this, EventScape intends to build larger communities of fans & [...]
Over seven hour power cuts in Sri Lanka as forex crisis deepens
Colombo, Mar 2 (PTI) Sri Lanka will face over seven-hour power cuts on Wednesday, the longest to be experienced by the island nation since 1996, officials said, amidst the worst economic crisis in decades.Sri Lanka is currently reeling under a severe foreign exchange crisis and the government is unable to foot the bill for essential [...]
MUMBAI, MAR 2 (PTI)
METAL:IN RS.PER KG INCLUSIVE OF GST.COPPER :- COPPER CABEL SCRAP 770.00 COPPER HEAVY SCRAPS 760.00 COPPER ARMATURE (CREDIT) 740.00 COPPER UTENSILS SCRAP 655.00 CC ROD 820.00 BRASS :- BRASS SHEET CUTTING 555.00 BRASS UTENSIL SCRAP 500.00 BRASS HONEY 490.00 ALUMINIUM :- ALUMINIUM UTENSIL SCARPS 197.00 ALUMINIUM EXTRUSION SCRAP 229.00 ALUMINIUM INGOTS 289.00 OTHER : - [...]
MUMBAI, MAR 2 (PTI)
OILS (per 10 Kgs) G.Nut Raw 1600.00 Kardi Expeller - Sesame Expeller - Sunflower Exp. - Sunflower Exp.Ref. 1690.00 Cottonseed(Refined) 1595.00 Refined Palm Oil 1560.00 Soyabean Ref. 1580.00 Imp.Soyabean Crude - Rapeseed Ref. 1570.00 Rapeseed Exp. 1540.00 Copra white 1650.00 Rice Bran 4-7% FFA - Rice Bran 1410.00 Linseed 1950.00 Castor Comm. 1498.00 F.S.G. 1508.00 [...]
Crude oil futures jump on spot demand
New Delhi, Mar 2 (PTI) Crude oil prices rose by Rs 436 to Rs 8,341 per barrel on Wednesday 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 436 or 5.52 per cent at Rs 8,341 [...]
Guar seed futures rise on fresh bets
New Delhi, Mar 2 (PTI) Guar seed prices on Wednesday rose by Rs 89 to Rs 5,972 per 10 quintal in futures trade after speculators increased their positions driven by a firm trend at spot market. On the National Commodity and Derivatives Exchange, guar seed for March contracts increased by Rs 89 or 1.51 per [...]
Guar gum futures rise on spot demand
New Delhi, Mar 2 (PTI) Guar gum prices on Wednesday rose by Rs 125 to Rs 10,863 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 March delivery traded higher by Rs 125 or 1.16 per cent at Rs [...]
PRICES MUM GENERAL OPEN
MUMBAI, MAR 2 (PTI) OPENING RATES SILVER SPOT (IN RS PER KILO): 67030.00 STANDARD GOLD (99.5) : 51361.00 PURE GOLD (99.9) : 51567.00 -------- CALCUTTA BULLION :- SILVER RDY.(BAR) : 65950.00 RS. PER KG.SILVER RDY.(PORTION) : 66050.00 RS. PER KG.GOLD (24 CARAT) RDY. : 51550.00 RS. PER 10 GMS.GOLD (22 CARAT) RDY. : 48900.00 RS. [...]
Bharat Petroleum to Invest Rs. 3,972 Crore for Development of City Gas Distribution Network in Aurangabad and Ahmednagar
Aurangabad, Maharashtra, India (NewsVoir) Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company, has launched the city gas distribution (CGD) network in Aurangabad and Ahmednagar districts. The Company will invest around Rs. 1,600 crore over next 5 years and a total of Rs. 4000 Cores for completion of full project. BPCL [...]
Frankfinn Receives the Award for ‘Best Air Hostess Training Institute’ for 10th Year in a Row at 13th ASSOCHAM International Conference cum Awards
New Delhi, Delhi, India (NewsVoir) Frankfinn Institute of Air Hostess Training, the World’s No. 1 Air Hostess Training Institute again made history today. At the 13th International Conference cum Awards - Civil Aviation & Cargo - 2022 organised by ASSOCHAM on Monday 28th February 2022 at Hotel Le Meridien, New-Delhi, Frankfinn Institute of Air Hostess [...]
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 [...]
Retail investors may start making small investments or SIPS
Kolkata, Mar 1 (PTI) Retail investors may start making small investments or SIPS and not invest all their capital in one go as the Indian stock market may remain volatile till the Russia-Ukraine conflict and geopolitical tensions are not over, a market expert said on Tuesday. The Indian stock market indices have been highly volatile [...]
ATF price hiked by 3.3%; fifth increase this year
New Delhi, Mar 1 (PTI) Jet fuel prices on Tuesday were increased by 3.3 per cent to all-time high levels across the country, in step with international oil prices surging to over seven-year-high.This is the fifth hike in jet fuel or Aviation Turbine Fuel (ATF) prices this year following an unrelenting rise in global oil [...]
Parag Milk Foods hikes milk prices by Rs 2 per litre
New Delhi, Mar 1 (PTI) Dairy firm Parag Milk Foods Ltd on Tuesday said it has raised the price of the Gowardhan brand of cow milk by Rs 2 per litre with effect from March 1 due to rising input cost.On Monday, Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets milk and milk products under [...]
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 [...]
Soyabean cultivation: SOPA locks horns with solvent extractors’ association
New Delhi, Feb 28 (PTI) In a rare face-off between two industry groupings, Soybean Processors Association of India (SOPA) on Monday condemned edible oil industry body SEA's suggestion to stop soyabean cultivation in 12 million hectares of land. Responding sharply, Solvent Extractors' Association termed the allegations as "blatant lies" and an attempt to create fissures [...]
Allow 40 lakh bales duty free import of cotton, seek PM’s intervention: SIMA
Coimbatore, Feb 28 (PTI) With anticipated shortage of cotton in India, Southern India Mills Association (SIMA) on Monday requested the Centre to allow 40 lakh bales duty free import of medium-level staple cotton to avoid job losses and appealed to Prime Minister Narendra Modi for his intervention in cotton policies. The country has been so [...]
BULLION CLOSING
MUMMBAI, FEB 28 (PTI) MUMBAI BULLION :- OPENING CLOSING SILVER SPOT (IN RS PER KILO) : 65354.00 65358.00 STANDARD GOLD (99.5) : 50686.00 50493.00 PURE GOLD (99.9) : 50890.00 50696.00 -------------- PTI MUM SVC SVC SVC
MUMBAI, FEB 28
(PTI) METAL:IN RS.PER KG INCLUSIVE OF GST.COPPER :- COPPER CABEL SCRAP 760.00 COPPER HEAVY SCRAPS 750.00 COPPER ARMATURE (CREDIT) 735.00 COPPER UTENSILS SCRAP 655.00 CC ROD 802.00 BRASS :- BRASS SHEET CUTTING 548.00 BRASS UTENSIL SCRAP 495.00 BRASS HONEY 490.00 ALUMINIUM :- ALUMINIUM UTENSIL SCARPS 197.00 ALUMINIUM EXTRUSION SCRAP 229.00 ALUMINIUM INGOTS 275.00 OTHER : [...]
PRICES MUM OILSEEDS CLOSING
MUMBAI, FEB 28 (PTI) OILS (per 10 Kgs) G.Nut Raw 1490.00 Kardi Expeller - Sesame Expeller - Sunflower Exp. - Sunflower Exp.Ref. - Cottonseed(Refined) 1500.00 Refined Palm Oil 1410.00 Soyabean Ref. 1500.00 Imp.Soyabean Crude - Rapeseed Ref. 1530.00 Rapeseed Exp. 1500.00 Copra white 1520.00 Rice Bran 4-7% FFA - Rice Bran 1350.00 Linseed 1900.00 Castor [...]
Crude oil futures rise on spot demand
New Delhi, Feb 28 (PTI) Crude oil prices rose Rs 390 to Rs 7,229 per barrel on Monday, 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 390, or 5.7 per cent, at Rs 7,229 per [...]
Guar seed futures decline on low demand
New Delhi, Feb 28 (PTI) Guar seed prices on Monday went down by Rs 40 to Rs 5,909 per 10 quintal in futures trade. On the National Commodity and Derivatives Exchange, guar seed contracts for March delivery was trading at Rs 5,909, down by Rs 40, or 0.67 per cent per 10 quintal with an [...]
Guar gum futures fall on low demand
New Delhi, Feb 28 (PTI) Guar gum prices on Monday fell Rs 182 to Rs 10,765 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 March delivery fell by Rs 182 or 1.66 per cent, [...]
PRICES MUM GENERAL OPEN
MUMBAI, FEB 28 (PTI) OPENING RATES SILVER SPOT (IN RS PER KILO): 65354.00 STANDARD GOLD (99.5) : 50686.00 PURE GOLD (99.9) : 50890.00 -------- CALCUTTA BULLION :- N/A.-------- PTI MUM SVC SVC SVC
US, allies to cut off selected Russian banks from SWIFT messaging system to tighten sanctions on Moscow
Washington/Moscow, Feb 27 (PTI) Seeking to cripple Russia's economy for invading Ukraine, the US and its key allies have decided to expel selected Russian banks from the SWIFT financial messaging system and impose restrictive measures on its central bank to limit Moscow's ability to access its overseas reserves.The leaders of the US, the European Commission, [...]
US, allies to cut off selected Russian banks from SWIFT messaging system to tighten sanctions on Moscow
Washington/Moscow, Feb 27 (PTI) Seeking to cripple Russia's economy for invading Ukraine, the US and its key allies have decided to expel selected Russian banks from the SWIFT financial messaging system and impose restrictive measures on its central bank to limit Moscow's ability to access its overseas reserves.The leaders of the US, the European Commission, [...]
BSP MP claims govt not giving satisfactory reply on law on MSP
New Delhi, Feb 26 (PTI) BSP Lok Sabha member Danish Ali on Saturday accused the central government of failing to give a "satisfactory answer" to his demand for making a law on Minimum Support Price in the Winter Session of Parliament. He also claimed that Union Agriculture Minister Narendra Singh Tomar is "simply trying to [...]
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.