A severe crisis in Andhra Pradesh has forced 70% of fishing vessels to remain docked due to climate-driven migration of marine life and rising operational costs. The resulting supply crunch is pushing up local seafood retail prices and c...
Kerala’s gold merchants are offering to fund over 50% of a new jewellery park to boost local manufacturing. The industry is also lobbying for a reduction in gold import duties from 15% to 6%, citing rising smuggling and falling margins....
India’s metallurgical coke imports are projected to reach a record 6 million metric tons this year, a 32% rise that defies a new five-year anti-dumping duty. The surge is driven by a domestic production shortage and tax exemptions for pi...
Global gold exchange-traded funds recorded an eight-week streak of net inflows, adding $1.55 billion last week. While gold prices trade near $4,300 per ounce, investors continue to increase holdings despite market volatility and a strong...
Gold prices are trading near ₹151,000 per 10 grams as investors await the US Federal Reserve's policy meeting. With US Treasury yields reaching 5%, the yellow metal is under selling pressure. Market participants are now monitoring whethe...
Gold and silver prices fell on the MCX on Tuesday as investors prepared for a widely expected US Federal Reserve interest rate hike. With markets pricing a 90% chance of a 25-basis-point increase, rising US Treasury yields are putting pr...
India's festive gold demand faces a 10-12% volume drop after Prime Minister Modi urged consumers to buy only when necessary. Despite lower volumes, organised retailers expect higher revenue due to record prices and a shift toward old-gol...
UBS strategist Bhanu Baweja has warned that financial markets are ignoring the severity of global crude oil supply disruptions. With Brent crude trading above $100 per barrel and geopolitical tensions limiting transit, India faces risks...
Maritime traffic through the Strait of Hormuz has plummeted to just 4-8 vessels daily, driving Brent crude prices up to $107 per barrel. As Indian markets reopen today, investors are bracing for potential volatility fueled by rising ener...
Spot gold prices are steady at $4,300 per ounce as markets prepare for the US Federal Reserve's policy announcement on September 16. A 25-basis-point rate hike is widely expected, but investors are focused on the central bank's forward g...
Daily charter rates for oil tankers on the key Persian Gulf-to-China route have crossed $1 million for the first time due to rising security concerns in the Strait of Hormuz. This massive surge in shipping costs, driven by longer voyage...
Global crude oil prices rose to approximately $107 a barrel on Tuesday after a drone attack disabled Saudi Arabia's critical East-West pipeline. The disruption threatens 4% of the world's daily oil supply, sparking fears of increased ene...
International gold prices have slipped under the $4,300 per ounce mark, marking their third consecutive week of decline. The drop follows a stronger U.S. dollar and a high probability that the Federal Reserve will raise interest rates th...