Gold hits record high as silver outperform the yellow metal
On Tuesday, gold hit a record high of $3,508.50 an ounce, before paring gains to rule around $3,490 | Photo Credit: iStockphoto Gold continues to shine globally, touching a new…
Gold breaches ₹1.11 lakh/10 g, silver scales new peak in futures trade on bullish global cues
Fed rate cut signals, inflation concerns, and weak rupee fuel record highs in bullion futures Gold prices breached the ₹1.11 lakh per 10 grams by jumping ₹799 in the domestic…
GST will enhance competitiveness of Indian edible oils in domestic, international markets: SEA
The Solvent Extractors’ Association of India (SEA) has said that the revision in GST rates will enhance the competitiveness of Indian edible oils and meals in both domestic and international…
DGTR proposes 5-year anti-dumping duty on Chinese electrical steel imports
The Directorate General of Trade Remedies (DGTR) has recommended imposing anti-dumping duty for five years on imports of cold rolled non-oriented electrical steel from China. | Photo Credit: GIORGIO VIERA/Reuters…
Ministry issues draft rules to permit proposed CCO to regulate coal exchange
The operations of the coal exchange would broadly be government by the regulations made by CCO. | Photo Credit: Pritam Mitra The government has come out with draft rules to…
Crude oil futures rise amid geopolitical tensions and EU sanctions threat
Crude oil futures traded higher on Monday morning due to geopolitical tensions and the European Commission’s plans to impose sanctions against Russia. At 9.55 am on Monday, November Brent oil…
Crude oil futures fall despite US sanctions on Iran-linked network
September crude oil futures were trading at ₹5,766 on Multi Commodity Exchange (MCX) during the initial hour of trading on Wednesday against the previous close of ₹5,786, down 0.35% and…
India, China beefing up their competitive edge in processed potato sector, says RaboResearch
Between 2019 and 2024, the export value of frozen potato products globally soared from $7.7 billion to $13.2 billion | Photo Credit: MUSTAFAH KK India and China have turned net…
Crude oil futures drop on potential OPEC supply boost
Crude oil futures traded lower on Thursday morning following reports of a likely production hike by the Organization of Petroleum Exporting Countries and its allies (OPEC+). At 9.55 am on…
Industry body UCCIL cautions against export duty on low-grade iron ore
Representative image | Photo Credit: Ievgen Postovyk Industry body UCCIL has warned that an export duty on low-grade iron ore will lead to drop in production, domestic prices, long-term capacity…