No great sheen for gold in budget
Chennai, Feb 1 (IANS) While the Centre has given a digital boost for the gold sector, in terms of tax relief there is nothing for the sector, said an official of World Gold Council's Indian...
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| NCDEX Jeera | Mar 23 | 32,330.00 | 32,840.00 | 31,625.00 | -265.00 | -0.81% | |||
| NCDEX Coriander | Apr 23 | 7,856.00 | 7,968.00 | 7,800.00 | +14.00 | +0.18% | |||
| NCDEX Guar Gum | Feb 23 | 12,657.00 | 12,880.00 | 12,360.00 | -25.00 | -0.20% | |||
| NCDEX Soybean | Jul 22 | 6,270.00 | 6,270.00 | 6,270.00 | -65.00 | -1.03% | |||
| MCX Gold 1 Kg | Feb 23 | 57,820 | 58,099 | 57,100 | +578 | +1.01% | |||
| MCX Silver | Mar 23 | 69,934 | 70,152 | 68,613 | +1105 | +1.61% | |||
| MCX Crude Oil WTI | Feb 23 | 6,521 | 6,534 | 6,466 | +58 | +0.90% | |||
| MCX Natural Gas | Feb 23 | 225.40 | 231.80 | 224.20 | +1.30 | +0.58% | |||
| MCX Aluminium | May 20 | 143.85 | 143.85 | 138.05 | 0.00 | 0.00% | |||
| MCX Copper | Feb 23 | 785.50 | 787.80 | 782.70 | -2.10 | -0.27% |
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| TR/CC CRB ex Energy TR | - | 319.36 | 319.36 | 319.36 | +0.00 | +0.00% | |||
| TR/CC CRB Orange Juice | - | 1.9496 | 1.9813 | 1.9423 | 0.0000 | 0.00% | |||
| TR/CC CRB Unleaded Gas | - | 10.3611 | 10.3711 | 10.1018 | +0.0000 | +0.00% | |||
| TR/CC CRB Heating Oil | - | 10.3573 | 10.3958 | 10.1454 | +0.0000 | +0.00% | |||
| TR/CC CRB ex Energy ER | - | 164.46 | 164.46 | 164.46 | +0.00 | +0.00% |
Commodities News & Analysis
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Atomic energy to get lower allocation in FY24 at Rs 25,078 crore
New Delhi, Feb 1 (IANS) The Indian atomic energy sector is expected to get Rs 25,078.49 crore which is lower than what it got in FY23. As per the Demand for Grants for 2023-24, the...
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National Green Hydrogen Mission: India sets target of 5 MMT annual production by 2030
New Delhi, Feb 1 (IANS) "India is moving forward firmly for the 'panchamrit' and net-zero carbon emission by 2070 to usher in green industrial and economic transition", said Union Finance...
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FM's initiative to boost lab-grown diamond sector brings cheer to Surat industry
Surat, Feb 1 (IANS) Finance Minister Nirmala Sitharaman's announcement of cutting import duty on raw material for lab-grown diamond seeds has boosted the morale of the industry. "This will...
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European Gas Swings as Cooler Weather Approaches Next Week
(Bloomberg) -- European natural gas futures fluctuated as traders weighed colder weather approaching next week against ample supplies.Benchmark futures advanced as much as 6% on Wednesday...
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Traders Send Wheat Prices Spiking as Allied Tanks, Aid to Roll Into Ukraine
After four straight weeks of losses, wheat hits near one-month high Wheat’s peak comes on news that U.S. and German tanks are to roll into Ukraine If the upside stays, wheat’s extended...
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No capital gains tax on e-gold conversion: FM
The government on Wednesday said there won't be any capital gain tax if physical gold is converted to an electronic gold receipt and vice versa.
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Budget 2023: Bid to end tax anamoly between biogas, natural gas to promote green fuel
Currently natural gas falls under value-added tax regime, while biogas attracts GST
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Budget 2023: TV, mobile to be cheaper; gold, imported cars to be dearer
Mobile phones and TV sets manufactured in India would become cheaper with Finance Minister Nirmala Sitharaman announcing cuts in Basic Customs Duty (BCD) on import of their components but...
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The Commodities Feed: FOMC day
Energy – OPEC+ to meet The oil market had a choppy trading session over the last day of January. Brent initially came under pressure, although a broader risk-on move saw oil still manage to...
