December 28, 2023 09:03 AM ISTAccording to Geojit, The Solvent Extractors' Association of India is set to host three international conferences in the next two months, according to a press release on Monday.
December 28, 2023 07:45 AM IST Brent crude futures climbed 20 cents, or 0.3%, to $79.85 a barrel by 0133 GMT. U.S. WTI crude futures were up 24 cents, or 0.3%, at $74.35 a barrel.
December 27, 2023 05:42 PM IST "The main partners in the current situation are China, whose share has grown to approximately 45-50 percent, and, of course, India," the Russian Deputy Prime Minister said.
December 27, 2023 04:05 PM IST China was the top exporter of finished steel to India between April and November, shipping 1.3 million metric tons of the alloy, up 48.2 percent from the same period a year earlier.
December 27, 2023 01:18 PM IST In the realm of commodities, iron ore prices have surged to an 18-month peak, reaching $140 per tone. China remains the dominant force, constituting 70% of the world's demand. Strong requirements in shipping, machinery, automobiles, and infrastructure are fueling this trend. Catch Manisha Gupta as she provides comprehensive insights on today's #Commodities Corner.
December 27, 2023 02:26 PM IST The brokerage house upgraded Ultratech Cement, Dalmia Bharat, and Ramco Cement from Neutral to Buy.
December 27, 2023 10:36 AM IST The firm reported revenue of Rs 30.29 crore in FY23 against Rs 34.44 crore a year ago. Net profit for the year stood at Rs 7.80 crore against Rs 8.64 crore a year ago
December 27, 2023 09:57 AM IST According to Geojit, India's total exports of oil meal during 2023-24 (Apr-Mar) are projected at over 4.5 mln tn, up from 4.3 mln tn last year, Ajay Jhunjhunwala, president of the Solvent Extractors' Association of India said in a press release on Monday.
December 28, 2023 06:58 AM IST China, the second largest market at $10.57 trillion, saw an 8.81% fall in 2023, as the Chinese economy struggled with a property crunch and a slow recovery from Covid-19
December 27, 2023 07:31 AM IST Brent crude futures fell 18 cents, or 0.22%, to $80.89 a barrel by 0101 GMT. U.S. WTI crude futures were down 22 cents, or 0.29%, at $75.35 a barrel.
December 26, 2023 01:20 PM IST Alumina prices hit record highs; Gained 7% on Friday to $446/tonne. Copper at 4 mth high on firm physical demand. Mine supply issues in Latin America. Catch Manisha Gupta in conversation with Nishant Kumar, Technical Analyst, N K Charts
December 26, 2023 10:01 AM IST According to Geojit, The government extended the policy to allow the import of crude soyoil, crude palm oil and crude sunflower seed oil at lower duty by another year till Mar 31, 2025, the Ministry of Finance said in an official notification.
December 26, 2023 09:18 AM IST Meanwhile, Brent oil prices remained steady at $78.87 per barrel amid concerns over Red Sea tensions and shipping disruptions by Houthi Groups, potentially affecting Suez Canal deliveries. Despite OPEC+ production cuts, record-breaking US oil production helped cool oil prices in 2023.
December 26, 2023 09:44 AM IST Bloomberg reported that the firm is planning to raise $2 billion by next year. The firm is exploring various instruments including private placement of debt, offshore bank loans as well as dollar and rupee bonds
December 26, 2023 07:17 AM IST Brent crude futures fell 26 cents, or 0.3%, to $79.13 a barrel by 0115 GMT while U.S. West Texas Intermediate crude was at $73.59 a barrel, up 3 cents.
December 25, 2023 05:00 PM IST Brent crude settled at $78.33 per barrel on December 22, whereas, US West Texas Intermediate (WTI) crude futures fell to $73.89 a barrel.
December 22, 2023 02:13 PM IST Spot gold was up 0.2% at $2,049.20 per ounce, as of 0513 GMT, after hitting its highest since Dec. 4 earlier in the session. Bullion has risen 1.6% so far this week.
December 22, 2023 01:11 PM IST India will allow the import of edible oils at lower import tax rates until March 2025, as the world's biggest importer of vegetable oil moves to keep a lid on local prices. The lower import duty structure on crude palm oil, crude sunflower oil and crude soy oil was originally set to expire in March 2024. However, as per the order, refiners can now continue to import at lower duties until March 2025. Catch Manisha Gupta with more details
December 22, 2023 02:37 PM IST ICICI Securities, Axis Capital, IIFL Securities and Emkay Global Financial Services are the book running managers to the issue.
December 22, 2023 09:59 AM IST According to Geojit, Farmers in Telangana have sown rabi crops over 944,676 acres as of Wednesday, up 9.4% from 863,141 acres a year ago, according to data from the state government.
December 22, 2023 09:08 AM IST Indian rupee opened little changed against US dollar even as Asian currencies were trading higher.
December 21, 2023 01:37 PM IST Both gold and silver prices recorded a hike on the Multi Commodity Exchange (MCX) on Thursday, December 21, 2023. Gold futures, maturing on February 5, 2024, stood at Rs 62,485 per 10 grams on the MCX, after recording a marginal hike of Rs 70 or 0.11 per cent. Similarly, silver futures, maturing on March 5, 2023, also witnessed a jump of Rs 14 or 0.02 percent and were trading at Rs 75,517 per kg on the MCX. The gold and silver prices in India depend on several factors, including the value of the rupee against the dollar. Global demand also plays a key role in determining the trends observed in the rate of precious metals. Catch Manisha Gupta with more details.
December 21, 2023 10:59 AM IST Offering around Rs 23 crore through 4.99 crore shares, it was a pure fresh issue. The company plans to use the net proceeds to repay Rs 18 crore debt.
December 21, 2023 10:30 AM IST Stocks in the BSE SmallCap and BSE MidCap indices collectively fell by Rs 2.05 lakh crore each, while those in the BSE Sensex index dropped by a combined total of Rs 2 lakh crore
December 21, 2023 11:23 AM IST According to Geojit, The area under rabi crops in Gujarat fell 1% on year to 4.07 mln ha in the current season as of Monday, according to data from the state agriculture department.
