Commodities

Genuine concern or vote bank politics: Why Indians must ignore Canada's views on farm bill

It's time that Prime Minister Justin Trudeau is politely reminded of Canada's hypocrisy, in the wake of his very public support to protesting farmers.

Dec 7, 2020

India's Aug crude steel output falls 4%, China logs 8% rise

Production of crude steel in India in August declined 4.4 per cent on a year-on-year basis to 8.48 million tonne (Mt), according to data from the World Steel Association.

Sep 27, 2020

Diesel price crosses ₹80-mark in Delhi for the first time, petrol at ₹79.92

Price of diesel has crossed Rs 80 mark for the first time in Delhi. On Thursday, June 25 the price of diesel in the city was reported to be Rs 80.02 a litre, up 14 paise, while that of petrol increased by 16 paise to Rs 79.92 a litre

Jun 25, 2020

At ₹79.88 per litre, diesel now costlier than petrol in Delhi after fresh hike

A litre of diesel in Delhi will cost Rs 79.88 while the price of petrol remains the same at Rs 79.76. The price of the former was hiked by 48 paise on the 18th successive day of fuel price revisions.

Jun 24, 2020

Fuel prices continue to rise for 14th Day; Petrol up by Rs 0.51, diesel by Rs 0.61

Petrol and diesel prices continued to rise through the fortnight with the two auto fuels getting dearer by 51 and 61 paise per litre respectively on Saturday, June 20.

Jun 20, 2020

Aviation fuel prices raised second time in June: Check new rates here

In the national capital, the price of jet fuel was raised by Rs 5,494.5 to Rs 39,069.87 per kilolitre. On June 1, it was raised by Rs 11,030.62 to Rs 33,575.37 per kilolitre, according to data on the Indian Oil Corp's website.

Jun 16, 2020

Oil drops as new coronavirus outbreaks raise fuel demand concerns

Oil fell more than 2% on Monday, June 15 extending losses from last week, as new coronavirus infections hit China and the United States, raising the prospect that renewed outbreaks of the virus could weigh on the recovery of fuel demand.

Jun 15, 2020

Coronavirus: Indian refineries cut output as coronavirus pandemic chokes demand

India's crude processing in March fell 5.7% from a year earlier, its biggest drop since September, as the coronavirus crisis and travel restrictions to curb its spread dented fuel demand and forced refineries to cut output.

Apr 23, 2020

Crude oil plunges below zero but memes are soaring: Check out hilarious reactions

The US crude price plunged to negative due to expiry and this started a flood of memes on the whole issue. It's a good start to a tense week.

Apr 21, 2020

Oil plunges 25% after Saudi Arabia slashes prices, says will open taps

Oil prices plunged around 25%, heading towards their biggest daily loss since 1991 after Saudi Arabia slashed prices and set plans for a big increase in crude production in April.

Mar 9, 2020

Aramco trades below IPO price for first time, after OPEC pact unravels

Shares of Saudi state oil company Aramco 2222.SE fell below their initial public offering (IPO) price on Sunday, March 8 for the first time since they began trading in December after the OPEC oil supply cut pact with Russia fell apart on Friday.

Mar 8, 2020

Government to facilitate onion imports from Iran, Egypt & Turkey amid soaring prices

This decision was taken at a meeting of the inter-ministerial committee headed by Consumer Affairs Secretary Avinash K Srivastava on November 5, reviewing the prices and availability of onions in the country.

Nov 6, 2019

Gold prices moving to all-time highs as China-US trade war escalates

As gold rallies, Indian markets are getting support even from the depreciating rupee, apart from the global uncertainties.

Aug 26, 2019

Budget 2019: Raise in import duties on gold, other precious metals

Shares of jewellery makers such as Titan and PC Jeweller fell as much as 5 percent after the announcement.

Jul 5, 2019

Sharp fall in exports keeps farm produce prices suppressed

The Modi government's plans to woo back farmers in election year hit a roadblock as the global glut in agricultural commodities drives traders to delay off-take expecting lower prices.

Feb 12, 2019

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