Commodities

Sugar Exports In 2021-22 Season Rise 15 Times Over 2017-18

Sugar Exports In 2021-22 Season Rise 15 Times Over 2017-18

Edited by Animesh Singh | Saturday May 21, 2022

Sugar exports in the ongoing 2021-22 season is 15 times more than that registered in the 2017-18 season

Rupee Recovers And Gains A Touch, A Day After Closing At Its Weakest Ever

Rupee Recovers And Gains A Touch, A Day After Closing At Its Weakest Ever

Edited by Rahul Karunakar | Friday May 20, 2022

The rupee recovered to gain a touch on Friday, tracking a weaker dollar and a robust rally in domestic stocks which made a stunning comeback from deep losses in the previous session driven by an increase in risk appetite after China cut a key lending benchmark to support its economy.

Gold, Silver Prices Climb On Safe-Haven Bids

Gold, Silver Prices Climb On Safe-Haven Bids

Edited by Prashun Talukdar | Friday May 20, 2022, New Delhi

Gold and silver futures surged on Friday, taking cues from the international spot rates.

Indonesia To Lift Ban On Palm Oil Exports Next Week

Indonesia To Lift Ban On Palm Oil Exports Next Week

Agence France-Presse | Thursday May 19, 2022, Jakarta

Indonesia will lift its ban on palm oil exports next week, President Joko Widodo said Thursday, relieving pressure on the global vegetable oil market after prices spiked because of the suspension and the war in Ukraine.

No Respite From Higher Fuel Prices Anytime Soon, Indian Crude Prices Up

No Respite From Higher Fuel Prices Anytime Soon, Indian Crude Prices Up

Edited by Rahul Karunakar | Thursday May 19, 2022

The average price of the Indian crude oil basket this month has jumped to $107.27 per barrel as of May 18, 2022, a jump of over 4 per cent compared to near $103 per barrel average in April; data showed on Thursday.

Rupee Extends Losses, A Day After A New All-Time Low Close As Risk Sentiment Remains Fragile

Rupee Extends Losses, A Day After A New All-Time Low Close As Risk Sentiment Remains Fragile

Edited by Rahul Karunakar | Thursday May 19, 2022

The rupee extended its losses into early Thursday after closing at a new all-time low, even as the dollar took a breather after heavy gains and as global stocks tumbled on increasing concerns that aggressive tightening by global central banks could choke growth.

Domestic Cooking Gas Cylinder To Cost Over Rs 1,000 After Latest Hike

Domestic Cooking Gas Cylinder To Cost Over Rs 1,000 After Latest Hike

Edited by Prashun Talukdar | Thursday May 19, 2022, New Delhi

Domestic LPG Price: Domestic cooking gas LPG (Liquefied Petroleum Gas) prices has been increased by Rs 3.50 per cylinder on Thursday.

Rupee Closes At A New All-Time Low, Tracking Higher Oil And A Reversal In Stocks' Rally

Rupee Closes At A New All-Time Low, Tracking Higher Oil And A Reversal In Stocks' Rally

Edited by Rahul Karunakar | Wednesday May 18, 2022

The rupee closed at a new all-time low of about 77.58 against the dollar on Wednesday, tracking a rise in crude prices and a reversal in domestic stocks, with the two-day relief rally in equity benchmarks coming to an end.

Gold, Silver Prices Fall; Yellow Metal Trades Below Rs 50,100

Gold, Silver Prices Fall; Yellow Metal Trades Below Rs 50,100

Edited by Prashun Talukdar | Wednesday May 18, 2022

Gold and silver futures fell on Wednesday, taking cues from the international spot rates.

Rupee Starts On A Weak Note, With Risks Tilted To More Downside; RBI Eyed

Rupee Starts On A Weak Note, With Risks Tilted To More Downside; RBI Eyed

Edited by Rahul Karunakar | Wednesday May 18, 2022

The rupee started on a weak note as crude prices rose more than $1 a barrel in early Asian trade on Wednesday on hopes of demand recovery in China, and persistent foreign fund outflows weighed on investor sentiment.

Widening Trade Deficit Trend To Pressure Rupee Further: Acuite Ratings

Widening Trade Deficit Trend To Pressure Rupee Further: Acuite Ratings

Edited by Rahul Karunakar | Monday May 16, 2022

"Higher trade...have put pressure on the rupee, which has already breached the INR/USD 77.0 mark and may touch 78.0 shortly," noted Acuite Ratings.

Petrol, Diesel Sales Rebound In May As Demand Returns

Petrol, Diesel Sales Rebound In May As Demand Returns

Press Trust of India | Monday May 16, 2022, New Delhi

India's petrol and diesel consumption jumped in May as pick up in the economic activity as well as the start of the harvesting season aided the return of demand, a preliminary industry data showed on Monday.

Gold, Silver Prices Rise; Yellow Metal Trades Near Rs 50,100

Gold, Silver Prices Rise; Yellow Metal Trades Near Rs 50,100

Edited by Prashun Talukdar | Monday May 16, 2022, New Delhi

Gold and silver futures rose on Monday, rebounding from recent lows.

CNG Price Hiked By Rs 2 Per Kg, 12th Increase Since March 7

CNG Price Hiked By Rs 2 Per Kg, 12th Increase Since March 7

Press Trust of India | Monday May 16, 2022, New Delhi

The price of CNG in the national capital has been hiked by Rs 2 per kg, the 12th increase in rates in just over two months.

Jet Fuel Price Hiked By 5.3% To Hit Record High, 10th Increase This Year

Jet Fuel Price Hiked By 5.3% To Hit Record High, 10th Increase This Year

Press Trust of India | Monday May 16, 2022, New Delhi

Jet fuel prices on Monday were hiked by a steep 5.3 per cent - the tenth straight increase this year -- to an all-time high, in line with a surge in global energy prices.