The Karnataka government-owned mining company plans feasibility study for four locations: Ajjanahalli in Tumakuru, Wondalli near Raichur and Mangulur in Yadgir, all focused on gold extraction, apart from the Ingaldhal copper site in Chitradurga.
Sequentially, inflation was higher in 16 of 23 sub-categories
Inflation had inched up to a nine-month high of 5.5 percent in September as food inflation rose to 9.2 percent from 5.6 percent in the previous months
Copper prices increased by Rs.5.75 to Rs. 826.90 per kilogram in the futures market, driven by heightened spot demand.
The Crisil thali index released earlier this week indicated a pickup in onion and potato prices
Crude prices strengthen as U.S. oil stocks fall, while concerns over potential supply disruptions from the Middle East add further support.
Gold steadies close to its all-time high as weaker U.S. dollar and Treasury yields, along with soft PPI data, bolster rate cut expectations.
India’s favorite fruit, mango, cost 37 percent more in June than last year. Overall, Indians paid more for fruits and will continue to for the next few months. WPI in fruits doubled to 10.14% in June
The S&P 500 and Nasdaq took a breather on May 17 after a weeks-long rally underpinned by hopes for interest rate cuts, but the Dow closed above 40,000 mark for the first time to end the fifth week of advances in a row. Watch to know more.
Copper in the last couple of months has done great on charts, surging from a low of $8800 to almost $10000 a ton. Prices are holding at 2-year highs as Markets anticipate a deficit in copper supplies in 2024. Prices have gained 12% in the past month and are up 25% since October 2023. Copper is a great investment story! It has supply-side challenges, concentrate tightness and restocking effect after a long manufacturing slowdown. But will this bull run continue? Watch to know more.
Oil prices dipped Friday after hitting $85/barrel, expected to end 3% higher for the week due to rising U.S. refinery demand.
Friday's closing oil prices were higher, up almost 6% week over week, as concerns over Middle Eastern supplies grew and the markets for refined goods were more constrained due to ongoing outages.
Oil Marketing Companies (OMCs) announced an additional incentive of Rs 5.79 per litre (Excluding GST) for ethanol sourced from maize. After this incentive hike, the cost of ethanol sourced from maize will rise from Rs 66.07 per litre to Rs 71.86 per litre. Catch Manisha Gupta with more details
Crude oil starts 2024 on a positive note. Concerns over demand due to a weaker global economy and rising crude inventories in the US have led to lower crude prices in November and December. Experts believe that only geopolitical tensions in the Middle East could drive up oil prices. Catch Manisha Gupta in conversation with Kunal Shah from Nirmal Bang as they talk about the outlook for Crude and factors to watch on Commodities Corner today.
The dry fruit market in India is experiencing impressive growth. The post-pandemic period has witnessed a surge in demand for healthy snacking options, leading to increased interest in the market. Catch Manisha Gupta as she gives us more details
Gold prices soared to unprecedented highs, breaching the $2,100 per ounce mark globally on Monday. The prices have been up 2.7% in the last one month. Catch Manisha Gupta in conversation with Surendra Mehta, Director, IBJA as they talk about gold prices.
India’s steel demand is expected to grow at a Compound Annual Growth Rate (CAGR) of 7 percent to touch 190 million tonnes (MT) level by 2030. The demand will be largely fuelled by construction and infrastructure sectors, which contribute 60-65 per cent to the demand, the market research firm said. In 2030, India’s steel demand is projected to reach 190 MT based on a 7 percent CAGR. Catch Manisha Gupta in exclusive conversation with Dhruv Goel, CEO, Steelmint
Gold prices are at a 6-month high with a 1.5% gain in this month so far. Catch Manisha Gupta in an exclusive conversation with Chirag Sheth of metal focus as they talk gold prices metals on Commodities Corner today.
India International Bullion Exchange (IIBX), India’s first bullion market exchange launched to launch Gold Futures In December. The trading platform will use dollar-priced trading so Indian investors can purchase assets to hedge against inflation and other financial risks. Catch Manisha Gupta and Ashok Gautam , MD and CEO -IIBX to know more.
The most anticipated motorcycle of the year comes from Royal Enfield and the Himalayan is all set to take the market by storm.
OPEC+ countries were scheduled to meet on November 26 but the meeting has been pushed to November 30, when the oil cartel might extend or deepen supply cuts to support crude prices.
Crude oil prices at 4-month low. Headed for 4th weekly loss on the back of weak global demand and rising supplies. Manisha Gupta tells us all about crude and other precious metals in this episode of Commodities corner.
Bitcoin is currently trading at its highest level since May 2022, while Solana has seen its prices triple in the past month. Catch Manisha Gupta in conversation with Ajeet Khurana, Founder, Reflexical as they provide a comprehensive overview of these developments.
Planning to buy gold this Dhanteras? What are your investment options & how are jewellers upping their game? Catch Manisha Gupta as she sheds more light on this
Watch Manisha Gupta in a conversation with Narinder Wadhwa, President - CPA live on Commodities Corner.