Jeera’s stock fell after profit booking
Yesterday, Jeera prices increased as poor weather conditions hindered supply from the key producing areas, and they eventually decreased by -1.05% to end at 35430 on profit taking. This year,…
Gold prices remain near $2,000 as bank fears lead to a bumper quarter
Gold prices were unchanged on Friday, maintaining their proximity to the important $2,000 mark following wild swings this week, but safe-haven demand in the face of a potential banking crisis…
Crude oil prices increase as China’s industry activity increases expectations for demand
The world’s second-largest consumer of crude oil, China, saw an increase in manufacturing activity on Friday morning, which helped lift confidence. At the same time, fears over Middle Eastern supply…
ICRA predicts that the auto components industry would rise by 5-8% in FY24 as a result of rising domestic demand.
According to a research, the auto parts industry’s sales are expected to climb by 58% in FY24, driven by higher domestic demand. With greater premiumization of automobiles, an emphasis on…
While crude oil rises, gold declines slightly
On Wednesday, gold prices fell as investors gradually retreated into riskier investments, hoping that the risk of the global banking crisis spreading had been temporarily contained. At $1,965.89 per ounce,…
Food Ministry starts the procurement of wheat
The government has begun buying 10,727 metric tonnes of wheat for the Rabi marketing season 2023–2024 as opposed to buying nothing last year, the food ministry announced in a statement…
Crude oil holds steady as Russian supply and a rising dollar counter American crude draw
The price of oil held steady in early Asian trade on Thursday as a smaller-than-expected reduction in Russian supplies and a stronger dollar countered an unexpected decrease in U.S. crude…
Tata and Reliance acquire solar PLI projects.
The second round of the production-linked incentive (PLI) plan for the solar industry has awarded contracts to up to 11 businesses, including Reliance, ReNew, Indosol, First Solar, Tata Power Solar,…
2.48 lakh tonnes of chana have already been purchased by government organizations
At the current minimum support price during the rabi procurement season, the government agencies have so far purchased more than 2.48 lakh tonnes of gramme (chana) (MSP). Maharashtra, Karnataka, Gujarat,…
Prices of turmeric are kept from falling by export demand
Due to a drop in domestic demand, the price of turmeric is currently nearly $1,000 per quintal lower than it was last year, but export demand is keeping prices from…