Commodities

Commodities Recent News

This Govt Firm Looks To Joins List Of Indian Companies Buying Oil From Venezuela Again
|Prior to U.S. sanctions on the South American country, India was a significant buyer of Venezuelan oil, acquiring about 10 million barrels monthly.
Check Petrol, Diesel Prices In Mumbai, Delhi, Others On December 8
|Petrol and diesel prices in India's major cities remained unchanged on December 8, according to the latest notification from fuel retailers.
Why MCX Shares Are In Focus Today?
|MCX shares were trading 2.29% higher at ₹2,086.40 at market open on Monday. The stock has moved up 4.55% over the past 5 days alone.
Adani Power Business Grabs Abu Dhabi Firm's Attention
|The Abu Dhabi-based firm's intent would align with its efforts to expand its footprint in India.
India's Rice Export Ban Triggers Global Market Concerns
|The world market is bracing for similar actions by rival suppliers in an attempt to avoid potential domestic shortages. This is in response to the 10 million metric ton gap left by India, which could exacerbate global food inflation.
Hindalco Inks Deal With Texmaco Rail To Aid In Indian Railways' Net-Zero Goal
|Hindalco Industries, one of the world's largest aluminium rolling and recycling companies, entered a strategic partnership with Texmaco Rail & Engineering, an engineering firm that manufactures railway freight cars, locomotive shells, and components.
L&T Charts ₹1 Lakh Cr Green Energy Expansion Over 5 Years: Report
|The $12 billion investment will be channeled into various green energy projects, infrastructure development, and technological advancements.
More Power To Mumbai: Adani Energy Set For $1B Green Energy Project
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Why Dabur Shares Are Plunging Today Ahead Of Q1 Earnings
|According to a investigative report, a high concentration of a carcinogenic material was allegedly found in the popular brand Dabur Honey.
Commercial LPG Cylinders Get Cheaper By Nearly ₹100
|These prices are adjusted on the first day of each month. After the last hike on March 1, prices went down by ₹91.50 per cylinder in April, ₹171.50 in May and ₹83.50 in June.
Reliance Fine Relief, Ola Electric's Losses, Vedanta Chip Partner And More: Top Stories From Weekend You Can't Miss
|Here are all the top stories from over the weekend to start a new week.
Petrol And Diesel Prices Could Climb Again — Thanks To Russia
|India's refiners could face higher costs for importing oil if Russia implements quotas on oil exports.
India Bans Most Rice Exports: What It Means For Prices Of Your Meals
|The ban may reduce India's local rice prices, but could potentially increase global costs, especially as climate changes and geopolitical tensions in the Black Sea region already threaten crop yields.
HCL Group Plans $300M Foray into Semiconductor Sector: Report
|The group is reportedly preparing to submit a proposal to the Centre to establish an assembly, testing, marking, and packaging (ATMP) unit for semiconductors, with the project estimated to cost between $200 million-$300 million.
India Opts Out of Imposing Anti-Subsidy Tax On Some Chinese Steel Imports
|CVDs are additional taxes imposed on imported goods that are subsidised in their home country, thus potentially damaging the industries in the importing country.
India Tightens Rules on Gold Jewellery Imports to Plug Trade Loopholes: Report
|The government has moved the import of gold articles from the free category to the restriction category.
Reliance, Adani Total Gas May Spend Up To ₹5,000 Cr On Biogas Plants
|RIL plans to set up five CBG plants in Gujarat and five in other locations across the country.
Foxconn Likely On Hunt For Fresh Semiconductor Partner As Vedanta Battles Debt
|Government officials, worried about Vedanta Group's financial stability, have reportedly suggested that Foxconn find a new partner.
India, US Agree To Drop 6 WTO Disputes Amid Modi Visit
|As part of the resolution, India has agreed to scrap tit-for-tat tariffs on specific U.S. products, including chickpeas, lentils, and other goods.
Debt-Ridden Vedanta May Sell Tamil Nadu Copper Plant For ₹4,500 Cr
|The group had sought expressions of interest for the plant in June 2022 but did not receive satisfactory bids.
Why Are Coal India Shares Falling After This Government Move?
|In an earlier OFS this month, the government raised ₹4,185 crore by selling a 3% stake in Coal India, resulting in its ownership declining to 63.13%.
Reliance Power Sweetens Debt Settlement Offer For Vidarbha's Lenders
|CFM ARC recently upped its offer to ₹1,220 crore, and Reliance Power revised its offer to ₹1,260 crore, with support from Varde Partners, which acquired a 15% equity stake in the firm by investing ₹930 crore in September last year.
Feathers Ruffled: Expect To Pay Sky-High Prices For Chicken This Summer
|Several factors contribute to this price surge, including increased summer demand for animal protein, a 45-day fishing ban in Kerala, and the high cost of mutton.