Retail traders who want to experiment with Futures & Options (F&O) may soon need to demonstrate that they are both intellectually and financially equipped for the high-risk market. According to reports, the Securities and Exchange Board of India (SEBI) is thinking about conducting a “suitability exercise” to make sure traders have the necessary resources and…
The procurement of Tur (Arhar) from farmers at the Minimum Support Price (MSP) by the Centre has seen a total quantity of 1.31 lakh metric tonnes procured in major producing states including Andhra Pradesh, Gujarat, Karnataka, Maharashtra, and Telangana, benefiting as many as 89,219 farmers. The government has also approved the procurement of the entire…
Retail inflation in India, measured by the Consumer Price Index (CPI), was 3.61% in February, a sharp decline from 4.31% in January, according to figures issued on Wednesday by the Ministry of Statistics & Programme Implementation. This represents a decrease of 65 basis points from January 2025. After July 2024, this is the lowest inflation…
Gold prices rose 0.62% to 86,686 as trade tensions escalated. Demand for gold also rose due to tariffs imposed by the European Union and Canada on US imports. Markets expect the Federal Reserve to keep rates unchanged at its meeting next week, giving room for more dovish economic forecasts. China’s gold reserves rose for the…
The U.S. wheat outlook for 2024/25 predicts increased supplies, lower exports, and higher ending stocks. Imports increased by 10 million bushels to 140 million, while exports decreased by 15 million bushels to 835 million, resulting in an 18% rise in ending stocks to 819 million bushels. The season-average farm price is lowered by $0.05 to…
According to data issued by the Association of Mutual Funds of India (AMFI) on March 12, the net equity mutual fund inflow for February fell 26% from the previous month to Rs 29,303.34 crore. Despite a decline, the net inflow into open-ended equities funds was positive for the 48th consecutive month. Due to a slow…
Orders are pouring in for RVNL. After the company acquired a Rs 554.64 crore contract from NHAI, RVNL’s share price increased 3.4% to reach the day’s high of Rs 342. The order must be completed in 730 days, or just over two years. In the State of Andhra Pradesh, under NH (O) on Hybrid Annuity…
Silver prices rose 1.73% to ₹98,132 on trade tensions and expected US inflation figures, which could affect the Federal Reserve’s policy choices. Strong jobs data in the US, as job losses hit a six-month high and vacancies rose to 7.74 million in January, bolstered prospects for a strong labour market, possibly delaying a rate cut…
Tuesday saw the Indian rupee gain strength due to a surge in Asian currencies and probable central bank assistance, while the dollar fell to its lowest level since November versus major rivals. The rupee was up 0.1% for the day, closing at 87.2125 versus the US dollar. Due to pressure from dollar bids sparked by…
India’s edible oil imports reached a four-year low in February 2025, with soyoil and sunflower oil imports declining significantly, leading to the lowest inventory levels in three years. Despite a 35.7% increase in palm oil imports from January, the overall vegetable oil imports dropped 12% year-on-year to 899,565 metric tons. This has reduced edible oil…
