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Commodities & Bullion

Weak global trends soften gold by Rs 250, silver slips to Rs 39,300

Gold tumbled by Rs 250 to Rs 31,450 per ten gram at the bullion market on Thursday in tandem with a weakening global trend amid easing demand from

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Imports of rough diamonds up by 11.11% to $15.5-bn in Apr-Jan period: GJEPC

Imports of rough diamonds have increased by 11.11 per cent to USD 15.53 billion during the April-January period of the current fiscal, according to Gems and Jewellery Export

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Finished steel exports dip 30% in Jan, imports decline 44%: JPC report

India’s export of finished steel shrank by over 30 per cent to 0.616 million tonnes (MT) during January 2018, according to the government’s Joint Plant Committee (JPC). The

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Gold price hits a 15-month high since demonetisation in November 2016

GGold prices on Friday jumped 0.23 per cent in Mumbai to hit the highest point in about 15 months since demonetisation in November 2016. The price of standard

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Crude oil consumption of Indian refineries to grow at 4.5% CAGR: Report

Consumption of crude oil by refineries in the country is projected to grow at the rate of 4.5 per cent CAGR (compounded annual growth rate) and reach the

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India shifts export focus to processed fruits, vegetables for better gains

India is gradually shifting its focus from the export of fresh horticulture products to processed ones for better realisation and to beat the stringent import quality norms set

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This Valentine’s Day, plenty of heartache for India’s rose cultivators

Love may be in the air for the rest of the world as it celebrates Valentine’s Day on

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Madhya Pradesh, Maharashtra assess effect of hailstorm on standing crop

A hailstorm and unseasonal rains lashed several parts of Madhya Pradesh and Maharashtra on Sunday. But trade and

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Gold prices rise on firm global cues, sustained jewellery buying

Gold prices advanced by Rs 50 to Rs 31,250 per 10 grams today in tandem with a firm

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Oil investors can find relief as diesel supplies sqeeze in Asian market

Oil investors rattled by the threat of US output can find some cheer from diesel demand in Asia.

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Gold plunges by Rs 600 to below Rs 31,000 level on weak global cues

Gold prices on Thursday tumbled by Rs 600 to hit almost three-week low of Rs 30,950 per 10

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Crude oil prices will float between $60-70 per barrel in 2018: BS poll

Crude oil on Wednesday held mostly steady as concerns about volatility in global markets offset an unexpected drop

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India’s edible oil market crossed Rs 1.3 trillion mark in 2017: Research

Health-conscious Indians are driving the sale of branded edible oil, ditching ‘loose oil’ sold by the neighbourhood grocery

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India’s gold demand rises 9% in 2017 on jewellery purchases, says WGC

India’s gold demand jumped 9 per cent in 2017, thanks to robust consumer sentiment in the October-December quarter

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Global gold demand dips 7% but jewellery demand up: World Gold Council

Global gold demand in 2017 fell by 7 per cent to 4,071.7 tonne compared to 2016 due to

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Copper producers switch to provisional pricing; aim to avoid losses

In a major shift in strategy, downstream copper producers (manufacturers of wires, cables, pipes and tubes, etc.) have

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A costly affair: Draft National Mineral Policy dashes hopes of investments

Even after recast of its decade old National Mineral Policy (NMP), the Mines ministry can hardly expect to

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Import duty on sugar may be hiked to 100% to protect farmers: Food ministry

The food ministry has proposed doubling of the import duty on sugar to 100 per cent to curb

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Govt ends MEP on onion, allows domestic traders to ship all varieties

A day after Finance Minister Arun Jaitley spoke at length about expanding agricultural exports, the government removed the

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