India Infoline News Service | Mumbai | October 05, 2015 11:41 IST
Glencore Plc has rallied as much as 72% on the Hong Kong Stock Exchange, after reports emerged that the commodities giant is planning to pare its debt by selling its agri business.
India Infoline News Service | Mumbai | September 30, 2015 15:23 IST
The shares of the company plummeted 29%, with spiralling effect being observed in the Australian market, espcially for the companies in the mining sector. Glencores share price has fallen 43 per cent in the last month and 71 per cent since the start of the year.
India Infoline News Service | Mumbai | September 29, 2015 13:44 IST
SLCM has already been backed by private equity funds Everstone Capital, Mayfield Advisors, Nexus Venture Partners and Emerging India Fund of ICICI, in prior successful rounds of funding.
India Infoline News Service | Mumbai | August 25, 2015 09:21 IST
Gold is continuing to power through and build on its impressive rally following the shocks from China and the uncertainty that this could encourage the Federal Reserve to distance itself away from its repeated commitment to begin raising US interest rates in 2015.
India Infoline News Service | Mumbai | August 25, 2015 08:39 IST
The new regulations will be effective September 28, the date from which SEBI would begin regulating the commodity derivatives market.
India Infoline News Service | Mumbai | August 21, 2015 16:03 IST
Singapore has, as usual, been the favourite vault of choice for customers, with some interest in Canada, but its not been all golds glory. Silver has also done well and platinum is back up over its thousand dollar level.
India Infoline News Service | Mumbai | August 17, 2015 15:14 IST
The import tariff value of gold and silver was stood at $354 per 10 grams and $498 per kg, respectively.
India Infoline News Service | Mumbai | August 08, 2015 13:06 IST
The month of July proved to be a nightmare for the commodities complex in general. Gold prices also declined significantly
India Infoline News Service | Mumbai | August 05, 2015 11:20 IST
Oil after rising from its multi-months low in previous trading sessions extended gains in todays session in spite of weakness in No. 2 oil consumer Chinas stock market.
India Infoline News Service | Mumbai | July 29, 2015 14:15 IST
Commodity analysts say its a clear sign that the commodity super-cycle is finally over. Prices of almost every metal have fallen between 10 per cent and 15 per cent over the past few months. Gold itself is seen the longest losing streak, which is unparalleled in 20 years.
India Infoline News Service | Mumbai | July 28, 2015 13:58 IST
Stock markets sell off on both the sides of the Pacific coupled with lackluster US oil demand added to the negative triggers for oil
India Infoline News Service | Mumbai | July 27, 2015 18:36 IST
Rupee ends at six week low on month end dollar demand , colossal losses in local equities too weigh
India Infoline News Service | Mumbai | July 24, 2015 09:43 IST
To the astonishment of many market participants and economists, gold has been falling for last 10 consecutive days and this is the longest losing streak for gold in last 20 years.
India Infoline News Service | Mumbai | July 20, 2015 09:30 IST
Most of kharif pulses growing states such as Maharashtra and Andhra Pradesh have reported deficient rainfall so far in the current year. The NCDEX August futures added 3.57 percent in the last trading to close at Rs 4618 per quintal. The NCDEX futures reduced 0.99 percent in open interest indicating short covering by traders.
India Infoline News Service | Mumbai | July 13, 2015 21:41 IST
Gold Global is an international price based contract, exclusive of import premium, customs duty, sales tax/VAT, and domestic market premium among others. The contract has been designed keeping in mind the requirements of refiners, exporters, jewellers, including larger bullion physical market participants, involved in import of gold bars and re-export of jewellery.
India Infoline News Service | Mumbai | July 10, 2015 08:52 IST
The tensions in Europe have helped push the risky assets south, but although wed usually expect gold to gain from its safe haven value, it was in fact dipping earlier this week, with the strength of the US dollar mostly to blame.
India Infoline News Service | Mumbai | July 07, 2015 12:26 IST
Benchmark crude oil futures for August delivery slumped by 4.13.%, to settle at $52.53 a barrel after trading in a range of 52.41 - $ 55.34 a barrel on the New York Mercantile Exchange. Presently, the same was trading higher by 0.71% at $52.90 a barrel.
India Infoline News Service | Mumbai | July 03, 2015 08:39 IST
Palghat has become an equal of his role model Bill Gross who he idolizes for the latters uncanny ability to generate great returns over the long term as also for his people skills.
India Infoline News Service | Mumbai | June 25, 2015 16:27 IST
Since commodities have given plenty of opportunities to investors even in times of high inflation, this asset class can prove to be a good hedge against inflation.
Many a time, our policy makers confuse speculation with manipulation. They put too many restrictions that curb even healthy speculation. I h...