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  • FMCG makers keeping close watch on softening commodity prices; may extend some benefits Dec 04, 2022 04:37 PM IST

    FMCG makers keeping close watch on softening commodity prices; may extend some benefits

    While prices of palm oil have eased and sugar is stable, FMCG firms pointed out that rates of some other major items including wheat are still firm and hence they would wait and watch before taking any call on reducing the price.

  • MC Explains: Kirit Parikh committee recommended full deregulation of gas prices from January 2027. Here’s all you need to know. Nov 30, 2022 08:35 PM IST

    MC Explains: Kirit Parikh committee recommended full deregulation of gas prices from January 2027. Here’s all you need to know.

    The government-appointed panel, which submitted its report on Wednesday, November 30, has recommended a floor price and a cap for gas from legacy and old fields.

  • India says falling commodity prices to ease inflationary pressures Nov 24, 2022 04:26 PM IST

    India says falling commodity prices to ease inflationary pressures

    India’s annual retail inflation has remained above the central bank’s tolerance limit of 2% to 6% since January, even as it eased to 6.77% in October helped by slower rise in food prices and base effect.

  • Oil prices fall more than $2 on Russian oil price cap talks Nov 23, 2022 07:03 PM IST

    Oil prices fall more than $2 on Russian oil price cap talks

    Brent crude futures fell $2.71, or 3.07%, to $85.65 a barrel at 1314 GMT, while U.S. West Texas Intermediate (WTI) crude futures were down $2.39, or 2.95%, at $78.56 a barrel.

  • Oil prices fall on U.S. inventory build, China COVID worries Nov 09, 2022 08:17 PM IST

    Oil prices fall on U.S. inventory build, China COVID worries

    Brent crude futures were down 69 cents, or 0.7%, to $94.67 a barrel by 1331 GMT, while U.S. West Texas Intermediate (WTI) crude futures had fallen 63 cents, or 0.7%, to $88.28 a barrel. The benchmarks fell around 3% on Tuesday.

  • Gold jumps 1% as dollar rally stalls; focus on US jobs data Nov 04, 2022 03:15 PM IST

    Gold jumps 1% as dollar rally stalls; focus on US jobs data

    Spot gold rose 1.2% to $1,648.77 per ounce by 0906 GMT, and was up 0.4% for the week so far.

  • India inflation likely hit five month high in September on food prices Oct 11, 2022 06:34 PM IST

    India inflation likely hit five month high in September on food prices

    Fueled by erratic rainfall and supply shocks from Russia's invasion of Ukraine, prices of daily consumables like cereals and vegetables which form the largest category in the inflation basket have climbed over the past two years.

  • Fuel Prices on October 10: Check petrol, diesel rates in Delhi, Mumbai and other cities Oct 10, 2022 08:09 AM IST

    Fuel Prices on October 10: Check petrol, diesel rates in Delhi, Mumbai and other cities

    Petrol and diesel prices remain unchanged across metro cities on October 10, the latest price notification issued by fuel retailers showed.

  • Average prices of 11 essential food items fall 2-11% in last one month: Govt Oct 03, 2022 09:35 PM IST

    Average prices of 11 essential food items fall 2-11% in last one month: Govt

    He also shared a chart showing the decline in the prices of 11 items.

  • Oil prices rise on surprise drop in U.S. crude, fuel stocks Sep 28, 2022 08:35 PM IST

    Oil prices rise on surprise drop in U.S. crude, fuel stocks

    Brent crude futures were up $1.69, or 2%, at $87.96 per barrel by 10:41 a.m. EST (1441 GMT), while U.S. West Texas Intermediate (WTI) crude futures rose $2.14, or 2.7%, to $80.64 a barrel.

  • Vegetable prices soar across Haryana, Punjab after rains; peas rate jumps to Rs 250 per kg Sep 26, 2022 06:13 PM IST

    Vegetable prices soar across Haryana, Punjab after rains; peas rate jumps to Rs 250 per kg

    Retail prices of peas have risen sharply to nearly Rs 250 per kg from Rs 130-150 per kg, while that of tomatoes rose from Rs 40 per kg to Rs 60 per kg, they said.

  • Govt says domestic rice prices may continue to rise Sep 22, 2022 09:41 PM IST

    Govt says domestic rice prices may continue to rise

    The statement was made in the fact sheet that the ministry issued detailing reasoning behind recent amendments to the India's rice export policy.

  • Oil prices drop in advance of expected Fed rate hike Sep 20, 2022 09:08 PM IST

    Oil prices drop in advance of expected Fed rate hike

    The U.S. Federal Reserve is likely to raise interest rates by another 75 basis points on Wednesday to rein in inflation.

  • Oil falls more than 1.5% on demand fears and strong dollar Sep 19, 2022 03:53 PM IST

    Oil falls more than 1.5% on demand fears and strong dollar

    A British public holiday for the funeral of Queen Elizabeth was expected to limit activity on Monday.

  • Aluminium sector: Facing a double whammy Sep 16, 2022 09:31 AM IST

    Aluminium sector: Facing a double whammy

    September quarter results for aluminium majors likely to be impacted by lower prices, higher energy costs

  • A synchronized response to inflation is the best approach, says RBI executive director Sep 08, 2022 02:48 PM IST

    A synchronized response to inflation is the best approach, says RBI executive director

    India has not seen 'massive' fiscal interventions to ease prices as done recently, says Sitikanta Pattanaik

  • Will moderation in housing sales play spoilsport this festive season? Sep 06, 2022 08:41 AM IST

    Will moderation in housing sales play spoilsport this festive season?

    Builders are trying to drive demand by offering discounts and offering to bear some of the interest burden.

  • Gold slips below $1,700 level on aggressive rate-hike bets Sep 01, 2022 03:53 PM IST

    Gold slips below $1,700 level on aggressive rate-hike bets

    Spot gold fell 0.4% to $1,704.70 per ounce by 0917 GMT, having touched $1,699.30 earlier, its lowest since July 21.

  • Shipping industry expects container prices to rise 15-20% ahead of festival period Aug 30, 2022 07:31 PM IST

    Shipping industry expects container prices to rise 15-20% ahead of festival period

    Container prices in India had fallen around 10 percent in July when compared to June due to a fall in demand but expectations are that with the upcoming festival season, the rates will rise once again

  • Gold gains on dollar pullback after weak U.S. data Aug 23, 2022 08:53 PM IST

    Gold gains on dollar pullback after weak U.S. data

    Spot gold rose 0.9% at $1,750.59 per ounce by 10:33 ET (1433 GMT). Prices slipped in the last six sessions and hit $1,727.01 on Monday, the lowest since July 27.

  • Milk price hike may limit drop in profitability of organised dairies: Report Aug 23, 2022 07:20 PM IST

    Milk price hike may limit drop in profitability of organised dairies: Report

    The recent hike in retail milk price by Rs 2 per litre will limit the slide in profitability of the organised dairy sector to 50 basis points year-on-year this fiscal, despite a higher than anticipated rise in procurement prices and transport and packaging costs, Crisil Ratings said in a report.

  • After wheat, retail price of rice rises 6.31% on supply concerns Aug 23, 2022 07:18 PM IST

    After wheat, retail price of rice rises 6.31% on supply concerns

    The All India average retail price of wheat has risen by over 22 per cent to Rs 31.04 per kg as of August 22 compared to Rs 25.41 per kg in the year-ago period, according to the data maintained by the Consumer Affairs Ministry.

  • Indian customers welcome dip in local prices Aug 19, 2022 04:11 PM IST

    Indian customers welcome dip in local prices

    Local gold prices in India fell to 51,436 rupees per 10 grams on Friday, the lowest since Aug. 3.

  • Mahanagar Gas cuts PNG and CNG prices on higher supply from government Aug 16, 2022 09:54 PM IST

    Mahanagar Gas cuts PNG and CNG prices on higher supply from government

    The price of PNG has been reduced by Rs 4 per standard cubic metre to Rs 48.50 per SCM, while that of CNG by Rs 6 a kilogram to Rs 80 per kg.

  • Housing prices up 5 percent YoY across 8 cities: Report Aug 16, 2022 12:46 PM IST

    Housing prices up 5 percent YoY across 8 cities: Report

    Delhi-NCR witnessed the highest price increase at 10% YoY