Commodities

Good news for investors! BIG fall in GOLD and SILVER prices today; Check NEW rates here

According to Indian Bullion & Jewellers association, the price of gold slid by Rs 339 to reach Rs 50,422 on 7 September. Similarly, Gold has fallen by Rs 256 on MCX to Rs 50025 per 10 grams.

Sep 07, 2022, 16:24 PM IST

Govt orders edible oil firms to declare correct quantity on labels; Here is WHY

Under the Legal Metrology (Packaged Commodities) Rules, 2011, it is mandatory to declare the net quantity in terms of standard units of weight or measure apart from other declarations on all pre-packaged commodities in the interest of consumers.

Aug 25, 2022, 13:47 PM IST

Markets closed today on account of Republic Day

Markets yesterday took a breather after a six-session dizzying rally, with benchmark indices Sensex and Nifty skidding from their closing peaks after emergence of sell-off in recent high-flying counters.

Jan 26, 2018, 10:30 AM IST

Stocks, commodities to trade on single exchange from Oct 2018

Currently, commodity derivatives are traded on separate exchanges, which include MCX and NCDEX.

Dec 28, 2017, 18:12 PM IST

Sebi proposes to allow MFs, portfolio managers in commodities

Sebi has been taking several steps to deepen the commodity derivatives market with necessary safeguards ever since it came under its regulatory jurisdiction nearly two years ago and it allowed certain alternative investment funds earlier this year to participate in this segment.

Dec 07, 2017, 17:23 PM IST

Oil eases as traders, investors grow edgy ahead of OPEC

 Oil has been under pressure for the last two weeks since peaking in early November.

Nov 21, 2017, 09:43 AM IST

RBI panel proposes list for hedging commodities in global markets

As of now, most hedging activity is in base metals though a reasonably wide variety of products are hedged offshore by Indian corporates.

Nov 16, 2017, 20:40 PM IST

Indian economic cycle entering strongest phase: Report

The Indian economy is at the cusp of entering its strongest growth phase and a full blown bull market is yet to play out with the wide-based Nifty expected to touch 11,500 in 2018, says a report.

Aug 13, 2017, 11:26 AM IST

MCX looks to launch options trading in Jan-Mar quarter

Leading commodity exchange MCX plans to launch options trading in the next quarter of this fiscal in a few commodities like bullion and crude oil following Sebi's decision to allow such trading on bourses.

Oct 03, 2016, 15:28 PM IST

Commerce Ministry trying to improve exports of all commodities

The Commerce Ministry was giving "importance" to overall industrial development and was trying to improve exports of all commodities, its Minister Nirmala Sitharaman said Friday.

 

Oct 09, 2015, 17:52 PM IST

Gold weak on global cues, low demand; silver remains up

Weak global bullion market and tepid domestic demand continued pressure on gold prices. Gold closed at Rs 26,600 per 10 grams at the bullion market on Monday, but silver rallied to Rs 35,760 per kg.

Oct 05, 2015, 14:57 PM IST

Wall Street ends flat as commodities weigh

Wall Street finished little changed on Monday as a better-than-expected start to corporate earnings season boosted investor confidence, but gains were curbed by a drop in commodities.

Jul 21, 2015, 03:41 AM IST

'Exporters need to focus on non-trade barriers to boost biz'

Exporters are facing non-trade barriers and they need to focus on them to enhance their product competitiveness in the global market as well as boost shipments, a senior Commerce Ministry official said on Wednesday.

Apr 22, 2015, 14:37 PM IST

Sebi expects FMC merger to be completed in 6-12 months

Capital markets regulator Sebi expects the proposed merger of commodities regulator FMC with it to be completed in 6-12 months.

Apr 08, 2015, 13:24 PM IST

Commexes' turnover drops 41% till March 15 of FY15

Much of the fall in turnover was seen in bullion, followed by energy, farm and metals items in the said period, as per commodity markets regulator FMC.

Mar 29, 2015, 11:07 AM IST

Oil jumps on weaker dollar; U.S. crude up more than 4 pct

Oil prices jumped on Friday, heading for their first positive week in three, as the dollar fell on interest-rate uncertainty, lifting demand for dollar-denominated commodities from holders of other currencies.

Mar 20, 2015, 22:24 PM IST

Sebi says procedural aspects of FMC merger being worked out

Capital markets regulator Sebi on Friday said the proposed merger of commodities watchdog FMC with it is on track and it is coordinating with Finance Minister Arun Jaitley to ensure a smooth transition.

Mar 20, 2015, 14:28 PM IST

India's exports up 0.88% in Apr-Feb

India's imports during April-February also went up by 0.70 percent to USD 411.80 billion, Sitharaman said.

Mar 18, 2015, 15:20 PM IST

Glencore to spin off stake in platinum producer Lonmin

Mining and commodities giant Glencore on Wednesday announced plans to unload its 23.9 percent stake in South African platinum producer Lonmin and distribute the shares to its own shareholders.

Feb 11, 2015, 16:06 PM IST

Market sell-off continues amid global commodity rout

Stocks continued their downtrend for the second straight day, led by key front-line heavyweights, amid gloomy overseas cues as the benchmark Nifty shed 22 points on the National Stock Exchange(NSE).

Jan 14, 2015, 20:26 PM IST