Gold prices rose 0.89% to ₹80,289 as investors awaited the Federal Reserve’s first meeting of 2025. The Federal Reserve is widely expected to keep interest rates steady after a 100 basis point cut since September, the latest sign of easing inflation. Moreover, trade-related inflation risks have eased as the US President has eased fears of…
In the next three to four months, scientists predict that favorable weather, above-normal monsoon rainfall, and improved rabi sowing will significantly reduce food inflation from its current levels. They assert that the prices of grains and edible oils continue to be a cause for concern and represent a short-term upside risk to the inflation trajectory….
Global Arabica coffee prices hit new highs on Monday, as farmers were reluctant to sell their 2025/26 harvest due to the effects of a continuing drought and expectations of higher prices and concerns about future harvests. According to data, only 12% of Brazil’s 2025/26 harvest has been sold, below the usual average of 21%. Prices…
Crude oil prices dropped by 1.98% to ₹6,300 after the US reversed its initial plan to impose sanctions and tariffs on Colombia after reaching an agreement on deported migrants. Market volatility persists due to the President’s strong rhetoric. US crude oil inventories fell for the ninth week, with a 1.02 million-barrel drop. Inventories at the…
Due to the weakening of the rupee, the increase in US bond yields, and the prospect of a weak earnings season, foreign portfolio investors (FPIs) have withdrawn Rs 64,156 crore (USD 7.44 billion) from the Indian equities markets so far this month. According to data from the depositories, this followed an investment of Rs 15,446…
Aluminum prices rose 0.08% to ₹252.75, following comments from the US President that investors were optimistic about a possible trade deal with China, the world’s top user of the metal. The sentiment was further bolstered by developments in the European Union, which is set to ban primary aluminum imports from Russia as part of its…
Cotton candy prices in India have dropped by 0.08% to ₹53,290 due to revised crop projections by the Cotton Association of India (CAI). The updated estimate is now at 304.25 lakh bales, 2 lakh bales higher than earlier forecasts, largely due to better-than-expected yields in Telangana. However, cotton prices remain under pressure as the US…
Jeera futures settled 0.8% lower at ₹22,445 due to subdued demand and current export needs being met. However, concerns over stock shortages limited the downside. Farmers hold around 20 lakh bags of jeera, with only 3-4 lakh bags expected to be traded by the season’s end. India’s jeera production for 2023-24 is expected to match…
A new hybrid order of 486 MW was secured by Suzlon Group and Torrent Power, the company stated on Friday. In a regulatory filing, the business stated that the strategic partnership is essential to bolstering the Made in India campaign and assisting India in reaching its ambitious goal of 50% of electricity coming from renewable…
The rupee fell 13 paise versus the dollar to 86.46 on Thursday, according to currency traders, due to a drop in the majority of regional currencies and demand for dollars from overseas banks. Experts predict that the currency’s decline will continue, but at a slower rate now that the pessimistic outlook around the rupee has…
