Commodities rise as dollar stumbles
Global commodity prices staged a comeback this past week after the dollar failed to hold onto recent gains and rising stock markets helped to drive renewed …
Gold will continue to remain attractive for investors, post FOMC meeting: WGC
The upcoming Federal Reserve Open Markets Committee (FOMC) meeting on 20 March, 2019 is expected to confirm market expectations that the Federal Reserve (Fed) …
India’s sugar production rises 6% till March 15, 2019: ISMA
India’s sugar production rose by 6% to 273.47 lakh tonnes till March 15, 2019, the Indian Sugar Mills Association (ISMA) said in a statement. On the …
Natural Gas price may go up by 18% from April; India’s fuel demand rises 3.8% in February 2019
The price of natural gas may go up by as much as 18% from April 2019, according to a CARE Ratings’ report. As per the New Domestic Gas policy of 2014, …
India’s industry body urges govt to allow bulk export of mustard oil
India’s edible oil industry has reiterated its demand for allowing bulk exports of mustard oil from India as the country expected to harvest the biggest ever …
Pakistan military to play key role in developing giant Afghan copper and gold mines
Pakistan’s military is taking a key role in the development of one of the world’s biggest untapped copper and gold deposits, which is currently …
India’s trade deficit narrows to 17-month low in February 2019
India’s trade deficit narrowed to a 17-month low of $9.6 billion in February 2019 as merchandise imports fell on the back of lower crude oil prices. The …
Cotton Corporation of India halts procurement as cotton prices move up
Cotton procurement by state-run Cotton Corporation of India (CCI) has almost come to a standstill as prices have firmed up in the open market. CCI has procured …
India’s Oil imports up 4.6 per cent in February 2019: report
India’s oil imports rose 4.6 per cent in February 2019 from a year earlier to about 5 million barrels per day (bpd), according to tanker arrival data …
India’s wholesale inflation rises to 2.93% in February 2019
Inflation based on wholesale prices rose to 2.93% in February over the previous month due to hardening of prices of primary articles, fuel and power, according …