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November 27, 2020 08:43 PM IST Agencies are forecasting maize production between 1.14 billion tonnes and 1.16 billion tonnes, up from last season’s output pegged between 1.1 billion tonnes and 1.14 billion tonnes
November 27, 2020 05:52 PM IST The demand is likely to see a rebound in the second half of this financial year after a poor performance in the first two quarters, ratings agency ICRA said.
November 27, 2020 12:37 PM IST According to Geojit, The government slashed import duty on crude palm oil by 1,000 basis points to 27.5%, according to a revenue department notification, in an attempt to cool off soaring edible oil prices in domestic markets.
November 27, 2020 10:19 AM IST on MCX, gold has support at 48,330-48,200 and resistance at 48,680-48,800 levels. Silver has support at 59,500-59,200 and resistance at 60,300-60,800.
November 26, 2020 06:05 PM IST In 2015, Indian rice exporters suffered losses when they were forced to sell at a discount as prices crashed in the West African nation.
November 26, 2020 03:07 PM IST India’s steel production was a tenth of Chinese output that has been pegged at 92.2 million tonnes in October by WSA. India’s crude steel production during January-October has been estimated at 79.68 against 93.03 during the same period last year.
November 26, 2020 10:46 AM IST
November 26, 2020 09:55 AM IST Experts are of the view that precious metal is likely to remain volatile, but should find support near 48,400-48,220 levels per 10 gm.
November 25, 2020 10:07 AM IST
November 25, 2020 09:58 AM IST Experts say gold can remain volatile but should be able to find support near Rs 48,280 per 10 gm.
November 25, 2020 09:26 AM IST OFS from Midhani will keep the share price in check for the short term
November 24, 2020 02:42 PM IST The Union government has taken many measures such as fixing a minimum import price of Rs 500 a kg, including cost, insurance and freight, but the menace continues.
November 24, 2020 12:33 PM IST
November 24, 2020 10:03 AM IST Investors can sell the gold below Rs 49,500 with a strict stop loss of 49,800 and a target of 49,000 levels. Sell silver below 60,500 with a strict stop loss of 61,200 for a target of 59,500-59,200 levels.
November 24, 2020 09:17 AM IST Demand for oil is unlikely to rebound in a meaningful way anytime soon, at least not in Europe and the United States. A lot will hinge on the effectiveness and distribution of the vaccine for coronavirus.
November 23, 2020 03:12 PM IST The Indian government’s delaying an announcement of an incentive for sugar exports has also resulted in the commodity’s prices rallying the global market.
November 23, 2020 01:29 PM IST According to Geojit, Time is running out for sugar exporters. With no export policy almost two months into the new season, they are a fretful lot.
November 23, 2020 09:46 AM IST On MCX, gold has support at 50,000-49,800 and resistance at 50,380-50,550 levels. Silver has support at 61,600-60,800 and resistance at 62,800-63,500 levels.
November 22, 2020 08:23 AM IST On the whole, commodities have generally reacted positively to vaccine progress, however, the gains are unlikely to persist if the virus situation continues to worsen.
November 21, 2020 01:59 PM IST If investors are keen to make the most of investing in crude, they need to be cognizant of the supply and demand side pushes and pulls.
November 20, 2020 06:14 PM IST DMCC Executive Chairman and Chief Executive Officer (CEO) Ahmed Bin Sulayem, in a Linkedin posting, said the London body was trying to undermine UAE’s success.
November 20, 2020 12:42 PM IST Gold prices have already fallen about 10 per cent since their August peak above $2,000 a troy ounce, as confidence gradually returned to asset markets
November 20, 2020 10:05 AM IST Investors can look to but the dips towards Rs 49,800, say experts. A rise in virus cases, mixed economic data, and central banks' commitment towards additional measures are supporting gold prices.
November 19, 2020 03:01 PM IST According to the Ministry of Agriculture’s third advance estimate of horticultural crops in India, potato was cultivated on 20.56 lakh hectares during the 2019-20 crop year (July-June) against 21.73 lakh hectares in 2018-19.
November 19, 2020 09:39 AM IST According to Geojit, The Food Corp of India is in talks with several grain-based distilleries to sell excess rice for production of ethanol, senior government officials said.
