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According to the industry body American Petroleum Institute (API), US crude oil inventories declined by 3.42 million barrels for the week ending September 12. Market was expecting it to decline…
Shares of Multi Commodity Exchange of India rose 4.2% after the news | Photo Credit: HEMANSHI KAMANI The chairman of India’s markets regulator said on Wednesday it will engage with…
The state governments of top Indian iron ore producers, Odisha in the east and Goa in the west, have also opposed any increase in the export duty | Photo Credit:…
The initiative seeks to create a competitive market, moving away from PSU dominance, with a shift from the current “one-to-many” model to a “many-to-many” platform. | Photo Credit: iStockphoto The…
FILE PHOTO: Logo of Nayara is seen at its fuel station on the outskirts of Ahmedabad, India, November 16, 2022. REUTERS/Amit Dave/File Photo | Photo Credit: AMIIT DAVE – India’s…
As gold soared to a new high of nearly $3,600 an ounce on Friday, prices of the precious metal will likely remain elevated for the rest of the year and…
As good harvests of pulse crops, such as tur (pigeon pea) and chana (chickpea) in origins like Africa and Australia, weigh on prices, the Indian pulses trade has yet again…
Fertilizer became the main theme at the annual Rabi conference as most of the States demanded adequate availability during the next winter sowing season, commencing from October as the crop…
Cotton Corporation of India has extended the bulk discount scheme for another fortnight from Monday to dispose its remaining stocks from the 2024-25 season before the start of new season…
By 2030, India’s LNG imports could cross 40 million tonnes, nearly doubling current levels. | Photo Credit: iStockphoto India’s annual liquefied natural gas demand is set to contract in 2025…