India Ratings & Research (Ind-Ra) expects sugar segment margins to benefit from higher realisations and stable raw material costs in FY20 as the fair and remunerative price (FRP) of cane remains unchanged for sugar season 2019-20 (October 2019 – September 2020). Ind-Ra has published the first quarterly edition of its credit news digest on the […]

Refined soya oil prices dipped 0.3 per cent to Rs 762.3 per 10 kg in futures trade on Monday as speculators trimmed their bets amid adequate supply at the spot market. On the National Commodity and Derivatives Exchange, refined soya oil contracts for October delivery declined by Rs 2.3, or 0.3 per cent, to Rs […]

NEW DELHI: Gold and silver prices rallied on Monday amid higher crude oil prices and a weaker US dollar. MCX silver (Dec) futures was up about Rs 900 or 1.9 per cent, trading above Rs 47,300 per kg. The metal had closed at Rs 46,465 on Friday. Similarly, MCX gold (Oct) futures was up Rs […]

Inaugurating the National Conference on Agriculture for Rabi Campaign 2019 on 20th September 2019, Union Minister of State for Agriculture & Farmers Welfare, Parshottam Rupala highlighted the record production achieved for food grains (285 million tonnes) and also complimented state governments for effective implementation of Centrally Sponsored Schemes. He said that this cooperation has made […]

SINGAPORE: Oil prices rose to their highest in two sessions on Monday amid concerns about oil supply disruptions from Saudi Arabia and elevated tensions in Middle East. Brent crude futures increased to as much as $ 65.50 a barrel. The front-month contract was at $ 64.84, up 57 cents, or 0.9% at 0224 GMT. U.S. […]

Gold prices inched lower on Monday, as equities gained after the US Trade Representative described last week’s Sino-US trade talks as “productive.” FUNDAMENTALS Spot gold was down 0.3 per cent at $ 1,512.91 per ounce, as of 0116 GMT. Prices had climbed to a more than one-week high of $ 1,516.81 in the previous session. […]

Japan consumer prices were up just 0.3 percent on year in August, the Ministry of Internal Affairs and Communications said on Friday, slowing from 0.5 percent in July and moving further away from the Bank of Japans target range of 2.0 percent. Core CPI, which excludes volatile food prices, was up an annual 0.5 percent, […]

The Indian rupee staged a strong rebound against the dollar in early trades on Friday, 20 September 2019 tracking some gains in the local as well as international equity markets. Slight weakness in the dollar index also supported the local unit to hit a high in nearly six weeks, its strongest level since Aug 9. […]

By Julian Lee The real impact of the attack on Saudi oil installations last weekend goes well beyond the temporary loss of 5% of global oil production: It strikes at the heart of the mechanism that’s guaranteed the security of the world’s crude supply for most of the past 50 years. Ever since the western […]

MCX Gold futures slipped today as a firm undertone in Indian Rupee weighed on the mood even as the global prices stayed steady. COMEX Gold managed to extend upmove after breaking above $ 1500 per ounce. Global economy has become increasingly fragile and uncertain, with growth slowing and downside risks continuing to mount, according to […]