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Centre puts up 21 critical mineral blocks for auction Union Minister of Coal and Mines, G. Kishan Reddy, on Monday launched the auction of 21 blocks of critical and strategic minerals as part of the fourth tranche.  Out of these 21 blocks, 11 are fresh blocks spanning six states, including Karnataka, Rajasthan, Uttar Pradesh, Chhattisgarh, Jharkhand, and Arunachal Pradesh. These blocks contain a variety of minerals, including graphite, glauconite, phosphorite, potash, nickel, PGE, phosphate, and rare earth elements (REE). Further, as ...
Centre puts up 21 critical mineral blocks for auction
Centre puts up 21 critical mineral blocks for auction
Source: IANS
2024-06-25 02:17:14 pm
India rates spring to record highs on dwindling supplies, firm demand Rates of parboiled rice exported from top hub India advanced to record highs this week on limited supplies and steady demand from Asian and African buyers, while prices eased in Vietnam and Thailand. India's 5% broken parboiled variety was quoted at record $533-$542 per ton this week, up from last week’s $525-$535. "Supplies in the market are limited since the government's paddy buying is leaving little for private players. Additionally, rice milling of the new season...
India rates spring to record highs on dwindling supplies, firm demand
India rates spring to record highs on dwindling supplies, firm demand
Source: Reuters
2024-01-25 05:22:16 pm
India`s NCDEX to launch sunoil futures amid volatile prices India's National Commodity and Derivatives Exchange (NCDEX) will launch sunflower oil futures contracts on Nov. 12 to provide importers with a hedging tool amid volatile prices, a senior exchange official told Reuters on Tuesday. India is the world's biggest importer of sunflower oil, fulfilling more than 90% of its demand through imports of 2.5 to 3 million metric tons from Russia, Ukraine, Romania and Bulgaria. "Imports keep going up every year, and there's no way for...
India`s NCDEX to launch sunoil futures amid volatile prices
India`s NCDEX to launch sunoil futures amid volatile prices
Source: Reuters
2023-11-08 12:50:01 pm
Thali cost dips in October as potato, tomato, chicken prices drop The cost of representative, home-cooked vegetarian and non-vegetarian thali fell by 5 per cent and 7 per cent, respectively, in October compared to the same month of the previous year, according to the latest CRISIL report released on Monday. The decline in thali cost, which reflects a dip in food inflation, was due to a significant 21 per cent and 38 per cent year-on-year decline in the prices of potato and tomato, respectively, during the month, the report stated. The cost of non-veg ...
Thali cost dips in October as potato, tomato, chicken prices drop
Thali cost dips in October as potato, tomato, chicken prices drop
Source: IANS
2023-11-07 10:22:39 am
RBI fixes price for premature redemption of Sovereign Gold Bonds  The RBI on Friday announced a price of Rs 6,079 per unit for the premature redemption of sovereign gold bonds issued by the government. The price is based on the simple average of closing gold price of 999 purity of previous three business days from the date of redemption as published by the India Bullion and Jewellers Association Ltd (IBJA). “Accordingly, the redemption price for premature redemption due on October 30, 2023 shall be Rs 6,079 (Rupees Six thousand seventy-nin...
RBI fixes price for premature redemption of Sovereign Gold Bonds
RBI fixes price for premature redemption of Sovereign Gold Bonds
Source: IANS
2023-10-28 10:09:57 am
Oil falls 1% on strong US dollar, mixed supply cues Oil prices slipped 1% in early Asian trade on Tuesday, after falling to a three-week low in the previous session, on a stronger U.S. dollar, rising U.S. bond yields and mixed supply signals.Brent futures for December delivery declined 92 cents, or 1.01%, to $89.79 a barrel by 0225 GMT.U.S. West Texas Intermediate crude (WTI), fell 92 cents, or 1.04%, to $87.90 per barrel."(Brent) crude oil prices slid to (around) $90 a barrel as rising US yields and a stronger US dollar dominated market senti...
Oil falls 1% on strong US dollar, mixed supply cues
Oil falls 1% on strong US dollar, mixed supply cues
Source: Reuters
2023-10-03 09:29:02 am
Gold down for seventh straight session as US Fed stays hawkish Gold continued to sell off on Tuesday, clocking its longest losing streak since Aug. 2022 in the last session as Federal Reserve officials underscored the likelihood of interest rates staying high, with U.S. job openings data due later in the day.Spot gold was down 0.6% to $1,817.00 per ounce as of 0306 GMT, falling for a seventh consecutive session to its lowest since March 9. U.S. gold futures shed 0.7% to $1,833.40.The dollar scaled a fresh 10-month peak, while Treasury yields hit new 16-y...
Gold down for seventh straight session as US Fed stays hawkish
Gold down for seventh straight session as US Fed stays hawkish
Source: Reuters
2023-10-03 09:24:17 am
Cars, SUVs turn costlier amid rising demand in festive season Consumers will have to shell out more as automobile manufacturers have hiked prices of hot-selling cars and SUVs from October 1 amid rising demand in the festive season.Mahindra & Mahindra has raised the prices of its Thar, Scorpio, XUV 300 and XUV 700 models by up to Rs 81,000, while South Korean auto major Kia has increased the price of its popular SUV Seltos and multipurpose vehicle Carens by up to Rs 50,000.   The country?s second largest carmaker Hyundai has hiked the ...
Cars, SUVs turn costlier amid rising demand in festive season
Cars, SUVs turn costlier amid rising demand in festive season
Source: IANS
2023-10-02 02:25:29 pm
India to provide 7.5 million free gas connections, total outlay of about $200 million  India will provide 7.5 million free cooking gas connections for households to women over the next three years with financial implication of 16.5 billion rupees (about $200 million), Anurag Thakur, the federal information minister, said on Wednesday.
India to provide 7.5 million free gas connections, total outlay of about $200 million
India to provide 7.5 million free gas connections, total outlay of about $200 million
Source: Reuters
2023-09-13 04:34:36pm
Oil prices hover near 10-month high on supply concerns Oil prices edged higher on Wednesday, hovering at a new 10-month high hit the previous day, as expectations of tighter global supply and fears of supply disruption in Libya outweighed concerns of slower demand in some countries such as China.The international benchmark Brent futures rose 8 cents, or 0.1%, to $92.14 a barrel by 0054 GMT, while U.S. West Texas Intermediate (WTI) crude climbed 14 cents, or 0.2%, to $88.98 a barrel.Both benchmarks surged nearly 2% on Tuesday to close at their hig...
Oil prices hover near 10-month high on supply concerns
Oil prices hover near 10-month high on supply concerns
Source: Reuter
2023-09-13 09:15:24am