23 Mar 17
|MCX eyes agri commodities segment with a slew of new products|
The Multi Commodities Exchange (MCX) has set its sights on strengthening its position in the agri commodities segment and consolidating its presence in the non-agri segment.
22 Mar 17
|Oil drops to lowest since November as US inventories swell|
Oil prices slid to almost four-month lows on Wednesday, with Brent briefly falling below $50 a barrel, after data showed US crude inventories rising faster than expected, piling pressure on the Organisation of the Petroleum Exporting Countries (Opec)
|Oil advances on talk of extension to Opec output cuts|
Oil prices on Tuesday fell close to its lowest in a week as the market discounted the latest talk by OPEC that it would extend output cuts beyond June.
17 Mar 17
|Oil slips despite weak dollar as US stockpiles remain high|
Oil prices slipped on Thursday, as support from a weaker dollar was offset by US crude inventories near record high levels that again raised concerns whether the Organisation of the Petroleum Exporting Countries (Opec)-led output cuts were starting to
|Commodities gain after US Fed hikes rates|
Commodity prices, led by gold, advanced in the international market and in India, following a quarter per cent increase in rates by the US Federal Reserve on Wednesday.
16 Mar 17
|Traders watch out! Centre mulls limiting cash deals at Rs 50,000 in bullion|
Bullion traders may soon have to conduct all transactions above Rs 50,000 through banks, with the government considering a proposal to limit cash deals to bring transparency in the trade.
|Oil market could tilt into deficit if Opec sticks to cuts: IEA|
Global oil inventories rose for the first time in January as the market grappled with a swell in production last year, but if the Organisation of the Petroleum Exporting Countries (Opec) maintains its output cuts, demand should overtake supply in the
|Why Paswan is unhappy with sugar producer's association|
Food Minister Ram Vilas Paswan on Tuesday said the estimates of sugar production provided by the Indian Sugar Mills Association (Isma) were low and “misleading&" and no import was required now because the country had enough sugar.
15 Mar 17
|Opec says oil stocks still increasing, Saudis raise output|
The Organization of the Petroleum Exporting Countries (Opec) said on Tuesday oil inventories have risen despite a global deal to cut supply and raised its forecast of production in 2017 from outside the group, suggesting complications in an effort to
14 Mar 17
|Gold steadies on prospect of imminent US rate rises|
Gold prices were little changed on Monday as the prospect of imminent interest rate rises kept them near the five-week lows touched last week, while elections in Europe created uncertainty and fuelled investor buying.
|Oil at 3-month lows, global stocks edge up before US rate decision|
Oil prices hovered near three-month lows while a key gauge of world stocks advanced on Monday as investors braced for a busy week for global markets, including a potential US interest rate hike by the Federal Reserve.
10 Mar 17
|Oil drops 2% to lowest since OPEC deal, US crude below $50/bbl|
Oil fell about 2 percent on Thursday in heavy trade, extending the previous session's slump to prices not seen since an OPEC-led pact to cut production was agreed, as record US crude inventories fed doubts about the effectiveness of the deal to curb a