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Month: July 2023

  • NCDEX Market

Prices of jeera increased because of large exports and a supply deficit

Mahalakshmi@fastura.com2 years ago03 mins

Due to strong export demand and predictions of lower stock levels at the end of the current marketing year, jeera yesterday decreased by -5.93% to 54640. Prices increased as crop worries grew as a result of Rajasthan, the state that produces the majority of the crops, experiencing unseasonal rains and hailstorms. This season, the market…

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  • NYMEX Market

Rupee is rangebound in the short term, but it will increase somewhat in a year.

guna@fastura.com2 years ago03 mins

On the strength of positive macroeconomic developments and views that the U.S. Federal Reserve is reaching the end of its rate hike cycle, the rupee will maintain its current gains versus the dollar in the next months and will strengthen somewhat in a year, according to a Reuters poll. The Reserve Bank of India (RBI)…

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  • Indian Market

India’s coal output increased by 8.4% to 222.93 million tonnes in Q1FY24.

guna@fastura.com2 years ago03 mins

The Ministry of Coal released a statement stating that overall coal production in India increased by 8.4% in the first quarter of FY 2023–24 to 222.93 million tonne (MT) as opposed to 205.65 MT in the first quarter of FY 2022–23. In comparison to 159.63 MT produced during the same period last year, Coal India…

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