Natural gas prices fell by 2.53% to settle at ₹285.3 due to rising production levels and forecasts for mild weather. Output in the Lower 48 US states has averaged 106.3 billion cubic feet per day, just above the previous monthly record. Daily output hit an all-time high of 107.4 bcfd, affecting prices. Weather forecasts suggest…
Silver prices fell 0.10% to ₹94,774 on mixed signals from US trade policy and the potential economic impact. The US President temporarily exempted technology products from tariffs, while the Chinese president escalated trade tensions. The Federal Reserve Governor downplayed inflation concerns and prioritized economic growth. The Federal Reserve Governor reassured investors on tariff concerns and…
For the second straight session, the domestic main equity indices continued to rise, with benchmark indices closing more than 2% higher overall. After US President Donald Trump suspended tariffs, including those on India, for ninety days, the markets recovered. Additionally, the US administration is considering lowering 10% tariffs on cars and auto parts. Indian indices,…
Physical and exchange-traded funds are expected to drive demand for gold as the risk of a US recession increases. Reuters The company’s chief executive is more optimistic than ever about gold. It has made its third increase this year, increasing its prediction for gold prices to $3,700 an ounce by the end of 2025. Gold’s…
India’s government issued data on April 15 showing that wholesale inflation decreased to 2.05 percent in March from 2.4 percent in February. While the food index saw a further fall, the prices of manufacturing items, which make up about two-thirds of the index, increased by 3.1 percent from 2.9 percent the previous month. The central…
Crude oil prices fell 0.72% to ₹5,264 on heightened demand concerns after OPEC revised its global crude demand growth forecast for 2025 and 2026 by 150,000 barrels per day (bpd). According to OPEC, demand is expected to increase by 1.30 million barrels per day in 2025 and 1.28 million barrels per day in 2026. On…
Jeera prices rose by 0.45% to ₹24,400, driven by domestic demand and Gulf export interest. However, tight supplies, limited arrivals from Rajasthan, and delayed new crop arrivals from Gujarat further limit market availability. Farmers hold around 20 lakh bags of cumin, with only 3-4 lakh bags expected to be traded before the end of the…
According to a senior executive of the state-owned integrated power utility National Thermal Power Corporation (NTPC), which did not want to be named, the company has set plans to increase its coal-based capacity from its initial goal of 26 GW to 30 GW by 2031–2022. This is because the country’s power demand is still high….
The US president’s unexpected halt on reciprocal tariffs gave investors some respite on the last day of the week. Still, Indian benchmark indexes completed the volatile week ending April 11 with slight losses due to worries over the tariff war. Nifty50 was down by 75.9 points to settle at 22,828.55, while the BSE Sensex index…
India’s cotton imports are expected to double to 33 lakh bales in 2024-25 due to a decline in domestic production. The Cotton Association of India revised production estimates to 291.30 lakh bales due to poor yields in Maharashtra. Imports reached 25 lakh bales. India’s cotton market is experiencing significant changes, with imports expected to double…
