Cotton candy prices dropped by 0.4% to ₹54,200, driven by Brazil’s strong supply projections and higher procurement by the Cotton Corporation of India (CCI). Brazil’s 2024-25 cotton production is expected to rise by 1.6%, while CCI is set to procure over 100 lakh bales at the Minimum Support Price, supporting domestic cotton prices. India’s cotton…
Tata Capital authorized the plans for an IPO on February 25. The plan would include both a new issue of 23 crore equity shares and an offer for sale by current shareholders. According to the board’s decision, current owners will receive shares valued up to Rs 1,504 crore on a rights basis. Interestingly, following Tata…
Gold prices rose 0.2% to ₹86,184 on a weaker dollar and US trade tensions. Gold’s appeal was further bolstered by US economic data, which pointed to a slowdown in business activity and a decline in consumer confidence. Physical gold consumption in China and India remained weak on the back of record prices, leading to a…
Gold prices closed down -0.02% to 86,010 following recent developments fueled by US President Donald Trump’s tax threats and concerns over rising inflation risks. Continued geopolitical tensions between Russia and Ukraine are further boosting demand for gold. The Chinese gold market improved in January as the People’s Bank of China (PBoC) bought gold for the…
According to statistics reported by the National Securities Depository Limited, in the first two months of 2025, foreign portfolio investors took out more than Rs 1 lakh crore worth of stocks from Indian markets. The Rs 1,01,737 crore in total FPI outflows so far this year indicate a substantial capital flight from the nation’s stock…
Chana prices are expected to decline due to favorable weather conditions and increased sowing in key states like Rajasthan, Maharashtra, and Madhya Pradesh. Peak arrivals are expected from mid-March to early April, adding pressure on prices. India imported a record 6.7 million tonnes of pulses in 2024, with yellow peas accounting for nearly 2.9 million…
One of India’s biggest corporations, the Tata Group, is suffering from a bear market. Despite the company’s history of generating wealth, several Tata equities are presently trading close to their 52-week lows. Even though the majority of the group’s businesses are struggling, Benares Hotels has unexpectedly become a standout performer. Here are five important Tata…
Gold prices rose 0.13% to close at 86,024 on rising trade tensions. Inflation concerns have risen as a result of the US President’s tariff threats against several industries and his ongoing tariffs on Chinese imports and metals. The Federal Reserve’s cautious approach to interest rate cuts in the face of these inflationary pressures was reiterated…
Jeera prices rose by 0.28% to 21,200 due to supply concerns and delayed crop arrival in Gujarat. Sowing in key producing states like Gujarat and Rajasthan also experienced delays, impacting availability. Around 20 lakh bags of cumin remain with farmers, with only 3-4 lakh bags expected to be traded by the end of the season….
The Indian Renewable Energy Development Agency (IREDA) intends to sell bonds with an 11-year maturity to raise Rs 1,500 crore ($172.95 million). According to Reuters, which cited three bankers, it has a greenshoe option of Rs 1,000 crore. The company has asked bankers and investors to submit bids for coupons and promises. There was no…
