Powered by: Motilal Oswal

News

Market Outlook Stock Market Economy News Industry News Commodity Top News Currency Top News Expert Views Women Wealth Motilal Research Center Motilal Long Term Motilal Short Term Motilal Sector Stocks Mutual Fund Top News Pre-Budget Expectation World Market More News World Top News Stock On The Move IPO Analysis Broking Firm Views - Long Term Report Broking Firm Views - Sector Report Broking Firm Views - Short Term Report Beyond Market Car Beyond Market Entertainment Beyond Market Fashion Beyond Market Gadgets Beyond Market Health Beyond Market India Beyond Market Life Style Beyond Market Sports IPO Reports Special Event Reports
Oil prices little changed as investors look ahead to OPEC+ meeting Oil futures were little changed on Wednesday as investors are wary ahead of a meeting of major producers this week to determine output levels for August. Brent crude was up 1 cent at $67.12 a barrel at 0124 GMT, while U.S. West Texas Intermediate crude fell 5 cents to $65.40 a barrel. Demand expectations received a boost on Tuesday after a private-sector survey showed factory activity expanded in June in China, the world's biggest oil importer, analysts said. Since Iran and Israe...
Oil prices little changed as investors look ahead to OPEC+ meeting
Oil prices little changed as investors look ahead to OPEC+ meeting
Source: Reuters
2025-07-02 09:20:09 am
Gold prices ease ahead of US data as investors weigh Fed rate stance Gold prices edged lower on Wednesday as investors awaited U.S. payroll data and assessed Federal Reserve Chair Jerome Powell's cautious stance on rate cuts, although a weaker dollar helped limit losses for greenback-priced bullion. Spot gold was down 0.2% at $3,330.68 per ounce, as of 0217 GMT, while U.S. gold futures fell 0.3% to $3,340.60. The U.S. dollar index weakened to its lowest point in more than three years, making bullion more affordable for holders of other currencies. [U...
Gold prices ease ahead of US data as investors weigh Fed rate stance
Gold prices ease ahead of US data as investors weigh Fed rate stance
Source: Reuters
2025-07-02 09:08:03 am
Gold Bull Run: We Call It Quits.. - Motilal Oswal Financial Services Ltd * We've seen an impressive rally in gold prices and were fortunate to have been part of this uptrend since 2019. * We adopted a bullish stance early on, around ~Rs. 30,000, targeting ~Rs. 50,000, and have stayed invested since then. * Throughout this period, we've consistently reiterated our outlook in our Gold Quarterly and annual reports, steadily raising our targets. * Last year, we issued four quarterly updates and one annual report-all of which exceeded th...
Gold Bull Run: We Call It Quits.. - Motilal Oswal Financial Services Ltd
Gold Bull Run: We Call It Quits.. - Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2025-07-01 12:52:21 pm
Total area sown under kharif crop crosses 262.15 lakh hectares so far The area under the ongoing kharif crop sowing has increased to 262.15 lakh hectares so far this year, which represents an 11.3 per cent increase compared to 235.44 lakh hectares in the same period last year, data released by the Ministry of Agriculture and Farmers Welfare on Monday showed.  The increase of 26.71 lakh hectares in sown area in the early part of the season augurs well for higher production, which in turn would increase the incomes of farmers and also help to keep food in...
Total area sown under kharif crop crosses 262.15 lakh hectares so far
Total area sown under kharif crop crosses 262.15 lakh hectares so far
Source: IANS
2025-07-01 10:37:20 am
Oil steady ahead of OPEC+ decision Oil prices edged down on Tuesday, weighed by expectations of an OPEC+ output hike in August and concerns of an economic slowdown driven by prospects of higher U.S. tariffs. Brent crude futures for September delivery fell 16 cents, or 0.24%, to $66.58 a barrel by 0000 GMT. U.S. West Texas Intermediate crude declined 20 cents, or 0.31%, to $64.91 a barrel. "The market is now concerned that the OPEC+ alliance will continue with its accelerated rate of output increases," ANZ se...
Oil steady ahead of OPEC+ decision
Oil steady ahead of OPEC+ decision
Source: Reuters
2025-07-01 09:17:13 am
Gold firms on weaker dollar and US tariff, fiscal uncertainty Gold prices rose over 1% on Tuesday as a weaker dollar and uncertainty over U.S. tariffs, along with concerns about the country's fiscal outlook drove investors toward safe-haven assets. Spot gold was up 1.1% at $3,339.20 per ounce, as of 0824 GMT, while U.S. gold futures rose 1.3% to $3,352.00. The U.S. dollar weakened to its lowest level since early 2022, making gold less expensive for overseas buyers.[USD/] "The precious metal’s safe-haven appeal is being boosted by...
Gold firms on weaker dollar and US tariff, fiscal uncertainty
Gold firms on weaker dollar and US tariff, fiscal uncertainty
Source: Reuters
2025-07-01 09:08:50 am
India`s monsoon covers country nine days early, accelerating planting India's annual monsoon rains covered the entire country on Sunday, nine days earlier than is typical, the weather department said, bringing forward planting of summer-sown crops. The monsoon is the lifeblood of India's nearly $4 trillion economy, delivering almost 70% of the rainfall needed to water farms and replenishing aquifers and reservoirs. Nearly half of India's farmland is not irrigated and depends on the annual June-September rains for crop growth. The southwest ...
India`s monsoon covers country nine days early, accelerating planting
India`s monsoon covers country nine days early, accelerating planting
Source: Reuters
2025-06-30 02:00:04 pm
Coconut prices double in Chennai amid low supply, retail rates touch Rs 80 per kg Coconut prices have surged sharply across Chennai, with retail rates touching as high as Rs 80 per kg, driven by dwindling supplies and high demand.   In the wholesale market, coconuts are selling for Rs 58–60 per kg, while semi-wholesale rates range between Rs 65–70 per kg, according to Koyambedu Semi-Wholesalers Association President S.S. Muthukumar. Much of Chennai’s coconut supply comes from Pollachi, Cuddalore, Puducherry, Thanjavur, and Udumalpet. However...
Coconut prices double in Chennai amid low supply, retail rates touch Rs 80 per kg
Coconut prices double in Chennai amid low supply, retail rates touch Rs 80 per kg
Source: IANS
2025-06-30 08:56:41 am
Gold, silver prices fall sharply this week; global trends, geopolitical easing behind dip There’s good news for gold and silver buyers as prices of both precious metals saw a decline this week, bringing gold back below Rs 96,000 per 10 grams and silver under Rs 1.06 lakh per kilogram.  According to the India Bullion and Jewellers Association (IBJA), the price of 24-carat gold is now Rs 95,784 per 10 grams, down from Rs 98,691 a week ago -- a sharp drop of Rs 2,907. Similarly, the price of 22-carat gold has come down to Rs 87,738 from Rs 90,404 per 10 grams. For 18...
Gold, silver prices fall sharply this week; global trends, geopolitical easing behind dip
Gold, silver prices fall sharply this week; global trends, geopolitical easing behind dip
Source: IANS
2025-06-29 06:16:36 pm
Modi government brought sea change in oil and gas sector in 11 years: Hardeep Puri  Union Petroleum Minister Hardeep Singh Puri on Saturday said the Modi government has brought a sea change in the country's oil and gas sector in the last 11 years.  This was made possible via several unique initiatives, like 'Digital India', and due to the tech-driven innovations, fuel stations and LPG systems have become smarter in the last 11 years. The Union Minister said in a post on the social media platform X that due to the visionary leadership of Prime Min...
Modi government brought sea change in oil and gas sector in 11 years: Hardeep Puri
Modi government brought sea change in oil and gas sector in 11 years: Hardeep Puri
Source: IANS
2025-06-28 05:07:12 pm
Centre trashes media reports on water charges for farmers under MCAD Scheme  The Centre on Saturday refuted media reports that farmers would be required to pay water charges under the pilot project related to the ‘Modernisation of Command Area Development and Water Management Scheme’ being rolled out to enhance irrigation efficiency.  “It has come to the notice of the Department of Water Resources, River Development and Ganga Rejuvenation, Ministry of Jal Shakti, that certain sections of the media have reported, inaccurately and mislead...
Centre trashes media reports on water charges for farmers under MCAD Scheme
Centre trashes media reports on water charges for farmers under MCAD Scheme
Source: IANS
2025-06-28 12:46:07 pm
India allocates excess rice for ethanol production to boost petrol blending drive The Food Ministry has hiked the allocation of rice for increasing ethanol production to 5.2 million tonnes, due to excess stocks with the FCI, to help meet the country's petrol blending target and reduce dependence on oil imports.  The move will reduce the need to divert sugarcane for producing alcohol, which, in turn, will ensure higher levels of sugar production to keep prices of the sweetener under control. Currently, the Food Corporation of India (FCI) has around 60 million...
India allocates excess rice for ethanol production to boost petrol blending drive
India allocates excess rice for ethanol production to boost petrol blending drive
Source: IANS
2025-06-28 11:09:14 am
In a first, India exports rose-scented litchis from Punjab to Qatar, Dubai In a significant boost to India’s horticultural exports, the Centre’s Agricultural and Processed Food Products Export Development Authority (APEDA) has facilitated the flagging off of the first consignment of one metric tonne of rose-scented litchi from Punjab’s Pathankot to Doha in Qatar, according to an official statement issued on Friday.  In addition, 0.5 metric tonne of litchi was also exported to Dubai, UAE, from Pathankot this week, marking a twin export achie...
In a first, India exports rose-scented litchis from Punjab to Qatar, Dubai
In a first, India exports rose-scented litchis from Punjab to Qatar, Dubai
Source: IANS
2025-06-27 01:57:20 pm
Daily Key Price Levels Report - 27th June 2025 by Kotak Securities Ltd     Above views are of the author and not of the website kindly read disclaimer
Daily Key Price Levels Report - 27th June 2025 by Kotak Securities Ltd
Daily Key Price Levels Report - 27th June 2025 by Kotak Securities Ltd
Source: Kotak Securities Ltd
2025-06-27 11:29:49 am
Indian tea industry employs 12 lakh workers, 58 pc women: Piyush Goyal The Indian tea industry in the organised sector provides employment to about 12 lakh workers, and about 58 per cent of those are women, Commerce Minister Piyush Goyal said on Thursday.  “Women are leading the growth of India’s tea sector. Our nation continues to make a mark globally with its aromatic teas and steady export rise,” Goyal posted on X social media platform. In FY25, the total volume of tea exported stood at 263 million kg, while total value realised w...
Indian tea industry employs 12 lakh workers, 58 pc women: Piyush Goyal
Indian tea industry employs 12 lakh workers, 58 pc women: Piyush Goyal
Source: IANS
2025-06-26 02:20:40 pm
India`s production of horticultural crops rises 3.7 pc in 2024-25 India’s production of horticulture crops is estimated to have increased by 3.66 per cent to 367.72 million tonnes (MT) in the 2024-25 crop year (July-June) due to the higher output of fruits and vegetables, according to the second advance estimates released by the Union agriculture ministry.  In 2023-24, the horticulture crops production stood at 3,547.44 lakh tonnes. The area under the coverage of horticultural crops increased to 292.67 lakh hectares in 2024-25 from 290.86 l...
India`s production of horticultural crops rises 3.7 pc in 2024-25
India`s production of horticultural crops rises 3.7 pc in 2024-25
Source: IANS
2025-06-26 12:40:55 pm
Tamil Nadu`s Dindigul mango farmers hit by price crash, seek government intervention Mango farmers in parts of Tamil Nadu's Dindigul district are reeling under a steep fall in the prices of key mango varieties, triggering distress and urgent appeals for government support.   The varieties worst affected include ‘Neelam’, ‘Bangalura’, and ‘Senthuram’, widely cultivated in Ayakudi, Gopalpatti near Natham, and Andipatti village in Palani taluk. Currently, the popular ‘Bangalura’ variety, extensively used in beverage ...
Tamil Nadu`s Dindigul mango farmers hit by price crash, seek government intervention
Tamil Nadu`s Dindigul mango farmers hit by price crash, seek government intervention
Source: IANS
2025-06-26 09:35:41 am
International Potato Centre`s South Asia Regional Centre to be set up at Agra: Cabinet The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved a proposal from the Department of Agriculture and Farmers Welfare to establish the International Potato Centre (CIP)’s South Asia Regional Centre (CSARC) at Agra in Uttar Pradesh.  The major objective of this investment is to increase food and nutrition security, farmers income, and job creation by improving potato and sweet potato productivity, post-harvest management and value-addition. The po...
International Potato Centre`s South Asia Regional Centre to be set up at Agra: Cabinet
International Potato Centre`s South Asia Regional Centre to be set up at Agra: Cabinet
Source: IANS
2025-06-25 05:31:46 pm
Way paved for India`s Gulf-bound rice exports to resume as war clouds lift The Israel-Iran ceasefire has paved the way for India's Basmati exports to resume to the Gulf region, which is a major market for the aromatic rice, with Iran accounting for as much as 35 per cent of the total shipments.  Around one lakh tonnes of Basmati rice was stuck at Indian ports due to the 12-day war between Israel and Iran as ships could not sail to the conflict zone. These shipments were mainly stranded at the Kandla and Mundra ports on the Gujarat coast. India'...
Way paved for India`s Gulf-bound rice exports to resume as war clouds lift
Way paved for India`s Gulf-bound rice exports to resume as war clouds lift
Source: IANS
2025-06-25 02:37:07 pm
Oil prices fall to two-week low as Israel, Iran agree to ceasefire Oil prices fell by over 5 per cent to a two-week low in the international market on Tuesday after Israel announced that it has agreed to US President Donald Trump’s proposal for a ceasefire with Iran.  Price of the benchmark Brent crude declined by nearly $4 to $67.7 a barrel while U.S. West Texas Intermediate crude turned cheaper by $3.75 at $64.76 per barrel as concerns abated over disruption in oil supplies due to the tensions in the Middle East. Israel has agreed to Presi...
Oil prices fall to two-week low as Israel, Iran agree to ceasefire
Oil prices fall to two-week low as Israel, Iran agree to ceasefire
Source: IANS
2025-06-24 02:15:55 pm
Chilli farmers in Tamil Nadu`s Ramanathapuram hit hard by unseasonal rain, exports dip The chilli harvest season has come to an end in Tamil Nadu's Ramanathapuram district, but farmers are still reeling from the impact of unseasonal rainfall earlier this year.   The untimely showers, particularly in December and March, have severely affected the crop, causing yield losses and a sharp decline in both domestic and international exports -- estimated to be between 20 per cent and 50 per cent. Ramanathapuram is known for cultivating premium varieties of chillies, espe...
Chilli farmers in Tamil Nadu`s Ramanathapuram hit hard by unseasonal rain, exports dip
Chilli farmers in Tamil Nadu`s Ramanathapuram hit hard by unseasonal rain, exports dip
Source: IANS
2025-06-24 11:55:44 am
Total area sown under kharif crops crosses 137.8 lakh hectares The area under the ongoing kharif crop sowing has increased to 137.84 lakh hectares so far this year compared to 124.88 lakh hectares in the same period last year, data released by the Ministry of Agriculture and Farmers Welfare on Monday showed.  The increase of 12.97 lakh hectares in sown area in the early part of the season augurs well for higher production which in turn would increase the incomes of farmers and also help to keep food inflation in check. The official figures sho...
Total area sown under kharif crops crosses 137.8 lakh hectares
Total area sown under kharif crops crosses 137.8 lakh hectares
Source: IANS
2025-06-24 09:23:16 am
Oil prices at 5-month high amid Mideast crisis, India has enough supplies Oil prices rose to their highest level since January this year on Monday after the US strikes on nuclear facilities in Iran, with the country threatening to shut Strait of Hormuz, through which around 20 per cent of global crude supply flows.  Brent crude futures was up $1.92 or 2.49 per cent at $78.93 a barrel early on Monday. US West Texas Intermediate crude increased $1.89 or 2.56 per cent to $75.73. Brent crude prices surged as much as 5 per cent. However, prices could not sust...
Oil prices at 5-month high amid Mideast crisis, India has enough supplies
Oil prices at 5-month high amid Mideast crisis, India has enough supplies
Source: IANS
2025-06-23 10:57:47 am
India`s coffee exports more than double in last 11 years India's coffee exports have more than doubled to $1.8 billion in the last 11 years, with the country becoming the 5th largest exporter, according to the government data.  India’s coffee exports stood at $800 million in 2014-15 and have been rising steadily since then. The top export markets for Indian coffee are Italy, Germany, Russia, Belgium, the United Arab Emirates (UAE) and the US. India is the seventh largest producer and the fifth largest exporter of coffee in t...
India`s coffee exports more than double in last 11 years
India`s coffee exports more than double in last 11 years
Source: IANS
2025-06-23 09:22:48 am
`Gold may hit $3,700 as Middle East tensions rise` Gold prices are expected to rise sharply as fresh geopolitical tensions in the Middle East increase global uncertainty, market experts said on Sunday.  The US airstrike on Iranian nuclear facilities has triggered concerns among investors, pushing them towards safe-haven assets like gold. On Friday, gold prices had initially fallen, as markets hoped that US President Donald Trump might opt for diplomatic talks instead of military action. However, prices quickly bounced back by th...
`Gold may hit $3,700 as Middle East tensions rise`
`Gold may hit $3,700 as Middle East tensions rise`
Source: IANS
2025-06-23 09:16:16 am
Need to safeguard oil and gas supply chains amid geopolitical uncertainties With India projected to grow at over 6 per cent annually and its primary energy demand increasing at a CAGR of 5.5 per cent, there is an urgent need to safeguard oil and gas supply chains amid rising geopolitical and market uncertainties, according to a report released on Friday.  Over 85 per cent of India’s crude oil needs are met through imports, positioning the country as the world’s third-largest oil importer. “Geopolitical instability, especially in chokepoin...
Need to safeguard oil and gas supply chains amid geopolitical uncertainties
Need to safeguard oil and gas supply chains amid geopolitical uncertainties
Source: IANS
2025-06-20 04:27:33 pm
Oil prices ease as Trump pauses decision on US intervention in Israel-Iran conflict Crude oil prices eased in the global market on Friday, with the benchmark Brent crude futures trading 2 per cent lower at $77.24 a barrel, amid reports that President Donald Trump would take another two weeks to decide on whether the US will intervene in the escalating conflict between Israel and Iran.  White House Press Secretary Karoline Leavitt cited President Trump as saying: “Based on the fact that there’s a substantial chance of negotiations that may or may not take ...
Oil prices ease as Trump pauses decision on US intervention in Israel-Iran conflict
Oil prices ease as Trump pauses decision on US intervention in Israel-Iran conflict
Source: IANS
2025-06-20 03:31:34 pm
Gold prices slip after US Fed signals more gradual path for rate cuts Gold prices slipped after the US Federal Reserve kept interest rates unchanged and signalled a more gradual path for rate cuts, analysts said on Friday.  US Fed Chair Jerome Powell noted the central bank expects an increase in inflation in the coming months amidst tariffs and other factors, reinforcing a cautious policy stance. While markets initially responded with optimism, Powell tempered expectations by reiterating that with low and stable unemployment, the Fed is well-positioned ...
Gold prices slip after US Fed signals more gradual path for rate cuts
Gold prices slip after US Fed signals more gradual path for rate cuts
Source: IANS
2025-06-20 11:32:23 am
Centre restricts import of certain precious metal alloys containing gold Addressing the need of the domestic industry without disruption for actual use, the Directorate General of Foreign Trade (DGFT) has restricted import of alloys of Palladium, Rhodium, and Iridium containing more than 1 per cent gold by weight.  This measure expands upon the existing restriction on the import of Platinum, “to now include the entire Customs Tariff Heading (CTH) 7110 at the 4-digit level, thereby ensuring uniformity in the import policy governing precious metals and...
Centre restricts import of certain precious metal alloys containing gold
Centre restricts import of certain precious metal alloys containing gold
Source: IANS
2025-06-20 11:07:58 am
Garlic cultivation in Himachal expanded to 4,000 hectares: Experts Garlic cultivation in Himachal Pradesh’s Sirmaur district has expanded to around 4,000 hectares from 1,500 hectares in 2015-16, with annual production reaching 60,000 metric tons, agriculture experts said on Thursday.  At a two-day seminar on ‘Garlic seed production and value addition for enhancing farmers’ Income in district Sirmaur’ that commenced at Dr. YSParmar University of Horticulture and Forestry (UHF) in Nauni in Solan district, Department of Seed Scie...
Garlic cultivation in Himachal expanded to 4,000 hectares: Experts
Garlic cultivation in Himachal expanded to 4,000 hectares: Experts
Source: IANS
2025-06-20 09:51:56 am
Oil prices fall as US delays decision on direct Iran involvement Oil prices fell on Friday, but remained on course for a third consecutive weekly rise, after the White House delayed a decision on U.S. involvement in the Israel-Iran conflict. Brent crude futures fell $1.89, or 2.4%, to $76.96 a barrel by 1000 GMT. They were still set to gain nearly 4% on the week. U.S. West Texas Intermediate crude for July - which did not settle on Thursday as it was a U.S. holiday and expires on Friday - was up 82 cents, or 1.1% to $75.96. The more liquid August ...
Oil prices fall as US delays decision on direct Iran involvement
Oil prices fall as US delays decision on direct Iran involvement
Source: Reuters
2025-06-20 08:50:22 am
Will ensure that edible oil price reduction reaches consumers: Centre The government has said that it will continue to closely monitor and conduct periodic reviews to ensure that the benefits of lower import duties on edible oil translate effectively into lower consumer prices across the country.  Any anomalies or delays in passing on the price benefits will be addressed through appropriate regulatory actions, according to Department of Food and Public Distribution (DoFPD), which has conducted a series of comprehensive inspection visits to key edible oi...
Will ensure that edible oil price reduction reaches consumers: Centre
Will ensure that edible oil price reduction reaches consumers: Centre
Source: IANS
2025-06-19 11:12:20 am
Agricultural scientists to spend 3 days a week in farm fields: Shivraj Chouhan Union Minister of Agriculture and Farmers’ Welfare Shivraj Singh Chouhan said on Wednesday that the Viksit Krishi Sankalp Abhiyan has achieved widespread success across the country and would continue as a sustained movement to modernise Indian agriculture and enhance farmers' prosperity through direct field-level engagement.  The Union Agriculture Minister, while addressing the media, announced a series of immediate measures to enhance agricultural development and farmer wel...
Agricultural scientists to spend 3 days a week in farm fields: Shivraj Chouhan
Agricultural scientists to spend 3 days a week in farm fields: Shivraj Chouhan
Source: IANS
2025-06-19 10:31:11 am
Silver hits another record high of Rs 1.11 lakh per kg, outshines gold Silver prices continued their upward rally on Wednesday, touching fresh all-time high on the Multi Commodity Exchange (MCX), supported by strong industrial demand and favourable market trends.  Silver futures for July expiry hit a new all-time high of Rs 1,09,748 per kilogram on MCX, breaking Tuesday’s record. The September futures jumped even higher, touching Rs 1,11,000 per kilogram. With these gains, silver is now trading nearly 25 per cent above its all-time low of Rs 88,...
Silver hits another record high of Rs 1.11 lakh per kg, outshines gold
Silver hits another record high of Rs 1.11 lakh per kg, outshines gold
Source: IANS
2025-06-19 10:04:47 am
India now has 40 crude oil suppliers, domestic output also rising: Hardeep Puri Union Petroleum and Natural Gas Minister Hardeep Singh Puri spoke to IANS on Wednesday about important issues like the impact of the Israel-Iran conflict, India's fuel supply, and the country's growing economy.  In the interview, he shared how India is prepared to deal with global challenges and how government efforts have helped improve energy access for people across the country. Here are the excerpts from the conversation: Q: Will the ongoing Israel-Iran conflict impa...
India now has 40 crude oil suppliers, domestic output also rising: Hardeep Puri
India now has 40 crude oil suppliers, domestic output also rising: Hardeep Puri
Source: IANS
2025-06-19 09:45:54 am
Oil falls as investors weigh chance of US intervention in Iran-Israel conflict Oil prices slipped on Thursday as investors hesitated to take new positions after U.S. President Donald Trump gave mixed signals on the country's potential involvement in the ongoing Israel-Iran conflict. Brent crude futures fell 37 cents, or 0.48%, to $76.33 a barrel by 0110 GMT after gaining 0.3% in the previous session marked by high volatility, with prices falling as much as 2.7%. U.S. West Texas Intermediate crude for July fell 28 cents, or 0.37% to $74.86 a barrel, after settl...
Oil falls as investors weigh chance of US intervention in Iran-Israel conflict
Oil falls as investors weigh chance of US intervention in Iran-Israel conflict
Source: Reuterss
2025-06-19 08:54:57 am
Gold prices tick up as Middle East tensions buoy demand Gold prices gained on Thursday, as rising tensions in the Middle East buoyed demand for the safe-haven asset, although the U.S. Federal Reserve's cautious stance on future rate cuts kept gains in check. Spot gold was up 0.2% at $3,376.48 an ounce, as of 0215 GMT. U.S. gold futures eased 0.4% to $3,393.70. "Gold has made a modest bounce as we await the next steps in the Israel-Iran conflict. If the U.S. does decide to get directly involved in the conflict this could raise the ge...
Gold prices tick up as Middle East tensions buoy demand
Gold prices tick up as Middle East tensions buoy demand
Source: Reuterss
2025-06-19 08:45:55 am
Exclusive-Indian refiners cancel palm oil orders for July-Sept as prices surge Indian refiners cancelled orders for 65,000 metric tons of crude palm oil (CPO) scheduled for delivery from July to September following a sudden surge in benchmark Malaysian prices, four trade sources told Reuters. Refiners in the world's largest palm oil importer cancelled the orders in the past three days after Malaysian palm oil futures rose more than 6%, hedging their risk against the prospect of falling prices by locking in a profit. "There is a lot of volatility in the ma...
Exclusive-Indian refiners cancel palm oil orders for July-Sept as prices surge
Exclusive-Indian refiners cancel palm oil orders for July-Sept as prices surge
Source: Reuterss
2025-06-18 05:58:44 pm
Gold inches lower as investors monitor Fed decision, Israel-Iran conflict Gold prices edged lower on Wednesday as investors held back on making significant bets ahead of the U.S. Federal Reserve’s policy decision while keeping a close watch on developments in the Israel-Iran conflict. Spot gold fell 0.1% to $3,385.79 an ounce as of 1130 GMT. U.S. gold futures fell 0.1% to $3,403.80. Attention is on the Fed's two-day policy meeting, which concludes later on Wednesday, with the central bank widely expected to keep interest rates steady. Investors will...
Gold inches lower as investors monitor Fed decision, Israel-Iran conflict
Gold inches lower as investors monitor Fed decision, Israel-Iran conflict
Source: Reuterss
2025-06-18 10:34:19 am
Silver hits fresh all-time high on MCX amid geopolitical tensions Silver futures on the Multi Commodity Exchange (MCX) touched a new all-time high of Rs 1,09,250 per kilogram on Tuesday, as investors rushed to safe-haven assets amid rising tensions between Israel and Iran.  The July 2025 silver contract jumped 2.5 per cent, gaining Rs 2,686 compared to the previous close of Rs 1,06,564 per kilogram. In the evening trade, silver futures were trading 2.23 per cent higher at Rs 1,08,945 per kilogram, according to official MCX data. The sharp rise...
Silver hits fresh all-time high on MCX amid geopolitical tensions
Silver hits fresh all-time high on MCX amid geopolitical tensions
Source: IANS
2025-06-18 09:31:07 am
Oil steadies as Iran-Israel conflict enters sixth day Oil prices steadied on Wednesday, after a gain of 4% in the previous session, as markets weighed up the chance of supply disruptions from the Iran-Israel conflict and as they ponder a direct U.S. involvement. Brent crude futures gained 16 cents, or 0.2%, to $76.61 a barrel by 1058 GMT. U.S. West Texas Intermediate crude futures rose 17 cents, also 0.2%, to $75.01 per barrel. Both contracts were down over 1% earlier in the session. U.S. President Trump warned on social media on Tuesday t...
Oil steadies as Iran-Israel conflict enters sixth day
Oil steadies as Iran-Israel conflict enters sixth day
Source: Reuterss
2025-06-18 09:12:14 am
Edible oil prices to come down as refiners pass on gains of customs duty cut Domestic retail prices of edible oil, which saw firm trends during the first half of 2025 due to elevated global prices and currency depreciation, are expected to soften over the coming weeks as refiners pass on cost advantages to consumers.   This is a result of the customs duty reduction announced by the Government on May 30, according to a CareEdge report released on Tuesday. The Ministry of Consumer Affairs has also issued directives requiring edible oil companies to revise the...
Edible oil prices to come down as refiners pass on gains of customs duty cut
Edible oil prices to come down as refiners pass on gains of customs duty cut
Source: IANS
2025-06-17 04:08:08 pm
Stocks wobble, oil jumps on Middle East tensions; BOJ in focus Global stocks slid and oil prices rose on Tuesday as fighting between Israel and Iran entered its fifth day, sowing fears of a broader regional conflict, while investors took in stride the Bank of Japan's decision to slow the pace of its bond tapering. U.S. President Donald Trump urged everyone to evacuate Tehran and cut short his visit to the Group of Seven summit in Canada, while a separate report said he had asked for the National Security Council to be prepared in the situation roo...
Stocks wobble, oil jumps on Middle East tensions; BOJ in focus
Stocks wobble, oil jumps on Middle East tensions; BOJ in focus
Source: Reuterss
2025-06-17 01:00:19 pm
Oil prices continue to surge amid growing Israel-Iran tensions Oil prices rose sharply on Tuesday after US President Donald Trump called for the evacuation of Tehran, raising fears of a wider conflict in the Middle East.  The prices jumped initially but later eased as the market stayed cautious about any major disruption in oil supplies. Brent crude oil went up by as much as 2.2 per cent before falling slightly to trade just above $73 a barrel. West Texas Intermediate (WTI) also rose and hovered near $72. This comes after oil prices had dro...
Oil prices continue to surge amid growing Israel-Iran tensions
Oil prices continue to surge amid growing Israel-Iran tensions
Source: IANS
2025-06-17 12:53:29 pm
1st commercial consignment of premium cherries heads to Saudi Arabia, UAE: Piyush Goyal The first commercial consignment of premium cherries from Jammu and Kashmir is heading to Saudi Arabia and the UAE, Commerce and Trade Minister Piyush Goyal said on Monday.  In a post on X social media platform, the minister said a huge market opens up for cherry farmers, who will now get a better price for their produce. “So much to cheer. The first commercial consignment of premium cherries from Jammu and Kashmir heads to Saudi Arabia and the UAE,” Goyal posted. &l...
1st commercial consignment of premium cherries heads to Saudi Arabia, UAE: Piyush Goyal
1st commercial consignment of premium cherries heads to Saudi Arabia, UAE: Piyush Goyal
Source: IANS
2025-06-16 05:01:01 pm
Oil prices jump as Mideast tensions escalate Oil prices in the international market jumped further on Monday after the Mideast tensions escalated between Israel and Iran.  Brent climbed as much as 5.5 per cent before paring most gains to trade around $75 a barrel. Israel launched an attack on the giant South Pars gas field, forcing the halt of a production platform, according to reports. According to analysts, they do not expect to see another significant leg higher in crude prices unless there are attempts to close the St...
Oil prices jump as Mideast tensions escalate
Oil prices jump as Mideast tensions escalate
Source: IANS
2025-06-16 10:38:38 am
Israel-Iran conflict triggers surge in global oil prices Oil prices in the international market jumped by more than 9 per cent on Friday after Israel’s attack on Iran’s nuclear facilities and missile production sites led to a further escalation in geopolitical tensions in the Middle East.  The price of benchmark Brent crude surged by over $6 to cross a five-month high of $78 per barrel. Israel has further declared a state of emergency, expecting retaliation from Iran. US President Donald Trump has warned that this may lead...
Israel-Iran conflict triggers surge in global oil prices
Israel-Iran conflict triggers surge in global oil prices
Source: IANS
2025-06-13 01:45:18 pm
Centre okays purchase of moong from farmers under price support scheme The government on Thursday approved the procurement of 54,166 metric tonnes (MT) of moong under the price support scheme from farmers in Haryana, Uttar Pradesh, and Gujarat for the summer crop season 2025–26 as part of the Centre’s policy to incentivise the production of pulses in the country.  Similarly, the Government has approved the procurement of 50,750 MT of groundnut under the price support scheme (PSS) in Uttar Pradesh for the summer crop season. Union Minister ...
Centre okays purchase of moong from farmers under price support scheme
Centre okays purchase of moong from farmers under price support scheme
Source: IANS
2025-06-13 09:05:22 am