Rupee declines, but maintains crucial technical levels; premiums increase
The Indian rupee fell against the dollar on Thursday as worries over a European lender dampened overall risk sentiment, but it still managed to hold onto the higher side of…
Precious metal prices will continue to fluctuate, with yellow metal finding support around Rs 58,080-57,810
A safe-haven-fueled rise that had propelled gold prices to their highest level since early February was reversed on Thursday in the global markets. Once Credit Suisse became the latest target…
Before harvest, the weather poses a hazard to Indian winter crops
Ahead of the start of the harvest for plants that have already experienced some heat stress, industry, and meteorological department officials warned that untimely rains and hailstorms could harm India’s…
As of March 2022, the total amount of money in circulation was Rs 31.22 lakh crore.
According to the finance minister, the amount of money in circulation increased from Rs 13 lakh crore in 2014 to Rs 31.33 lakh crore in March 2022. As of March…
Gold prices sag as traders focus on the US Fed amid the SVB situation
Due to conflicting global indications, the gold rate is trading flat on Wednesday while the silver rate is down 0.48 percent. Gold April futures were down Rs 42 or 0.07%…
FCI will conduct e-auctions on Wednesday to sell 10.13 lakh tonnes of wheat to large consumers
As part of the government’s efforts to control wheat and atta prices, state-owned FCI intends to sell 10.13 lakh tonnes of wheat to large users in the sixth round of…
India’s WPI inflation in February reduces to 3.85%, below the forecasted 4% decline.
According to data provided by the Commerce Ministry on Tuesday, India’s wholesale inflation, which is based on the all-India Wholesale Price Index (WPI), decreased to 3.85 % in February from…
Oil continues to fall as Fed observers await US inflation data.
The biggest US bank failure since 2008 continued to reverberate through financial markets as oil prices extended losses ahead of important inflation data. After a turbulent session on Monday and…
Nifty falls 270 points from the day’s high, and Bank Nifty falls by more than 2%.
Domestic indices lost some of their early gains on Monday and lost more than 1% over the day. The Nifty 50 lost 277 points from its intraday high of 17,529.90…
Due to rate hike concerns and the SVB situation, gold is up while the dollar and yields are down
Despite conflicting global cues, the gold rate is up today while the silver rate is up 1.21%. Gold April futures were up Rs 465 or 0.83% on the Multi Commodities…