Rupee gains 15 paise to settle at 82.16 versus US dollar
Tuesday, as the US dollar fell in the foreign exchange market, the rupee strengthened 15 paise to end the day at 82.16 (provisional). Global oil benchmark Brent crude futures decreased…
sales increased by 30% as a result of the declaration of the International Year of Millets
The Agricultural and Processed Exports Development Authority (APEDA), based on input from exporters, reported that sales of millets, both domestically and internationally, have increased by approximately 30% since the designation…
Wheat auction under OMSS is currently halted by FCI
The government-owned Food Corporation of India (FCI) announced on Monday that it has temporarily ceased selling wheat at reduced prices through electronic auctions to large groups of people, organizations, and…
CIL’s non-regulated sector supplies could increase by 17% in the fourth quarter.
In the fourth quarter of the current fiscal, compared to the third quarter, Coal India Ltd (CIL) is projected to see a close to 17% increase in coal despatch to…
With easing banking fears, crude oil prices rise in a relief rally
While geopolitical tensions in Europe increased as a result of remarks made by Russian President Vladimir Putin over the weekend, oil prices rose in early trade on Monday as worries…
Government permits 3.5 lakh tonnes of broken rice to be exported to Senegal and Gambia
As an exception due to the ban on shipping of this variety of rice on September 8, 2022, the government has authorized the export of 3.5 lakh tonnes (lt) of…
Coal India claims to be making every attempt to supply more coal to the unregulated sector.
State-owned CIL announced on Friday that it is stepping up output in an endeavor to enhance coal supplies to the unregulated sector (NRS) without compromising supplies to the power industry.…
Silver increased as U.S. Fed signals an impending pause in rate hikes
After the U.S. Federal Reserve tempered its aggressive approach to controlling inflation in a highly anticipated policy statement and signaled that interest rate hikes will soon come to a halt,…
Increasing Chinese demand results in a rise in copper prices
The price of copper yesterday increased by 1.52% to settle at 783.45 as China’s demand has been strengthening as a result of a seasonal demand uptick and the post-pandemic economic…
IOCL would invest ₹ 61,077 crores in a petrochemical complex in Paradip.
Indian Oil Corporation Ltd. (IOCL), a state-run company, announced on Wednesday that its board of directors has approved the construction of a petrochemical complex at Paradip in the Indian state…