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.
India Infoline News Service | Mumbai | June 25, 2015 14:29 IST
Government has asked the eastern states of India to start cultivation of pulses and oilseeds to boost domestic production and reduce dependence on imports.
India Infoline News Service | Mumbai | June 17, 2015 09:47 IST
BOC joins Goldman Sachs, UBS, Barclays, HSBC, Bank of Nova Scotia, Societe Generale and JP Morgan to set the gold price
India Infoline News Service | Mumbai | June 16, 2015 06:55 IST
Indian rupee remained under pressure, influenced by demand for the greenback from the importers
India Infoline News Service | Mumbai | June 15, 2015 10:32 IST
The turnover from energy items like crude oil rose 55% to Rs 3.22 trillion till May 2015 from Rs 2.07 trillion in the year-ago period.
India Infoline News Service | Mumbai | June 14, 2015 10:18 IST
Most reputed brokers are already members of the five national commodity exchanges, which are regulated by the Forward Markets Commission.
India Infoline News Service | Mumbai | June 04, 2015 17:58 IST
'We have seen platinum slip below its critical $1,100 level compared to this time last year when it was trading around $1,432, and of course it has been below gold for quite some time now.'
India Infoline News Service | Mumbai | May 26, 2015 10:52 IST
Gold, the raw material for jewellery, attracts an import duty of 10%, which makes the landed price of gold costlier, said Manish Jain, chairman at GJF.
India Infoline News Service | Mumbai | May 22, 2015 09:04 IST
The local unit hit a low of 63.66 and a high of 63.60 against the US dollar.
India Infoline News Service | Mumbai | May 21, 2015 17:06 IST
The local unit had hit a high of 63.66 and a low of 63.83 today.
Mumbai | May 21, 2015 16:16 IST
The fragilities in the US economy are being frequently exposed and this will allow the Federal Reserve to remain as cautious and hesitant as it wants when it comes to the next stage in normalising monetary policy.
Many a time, our policy makers confuse speculation with manipulation. They put too many restrictions that curb even healthy speculation. I h...