Stay updated with the latest commodity news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on commodity topics.
Gangtok (Sikkim) [India], March 31 (ANI): Sikkim Chief Minister Prem Singh Tamang chaired a high-level review meeting at Samman Bhawan on Monday to assess the stock position and distribution of essential commodities across Sikkim, with a focus on ensuring their seamless and uninterrupted availability throughout the state. At the outset, the Secretary of the Food & Civil Supplies Department presented a comprehensive overview of the current LPG stock and the prevailing supply-demand dynamics, whi ...Read More >
The chief minister emphasised the need for heightened vigilance and issued directions to strengthen monitoring mechanisms and strictly curb hoarding, black marketing, and overpricing of the commodities, an official said. Tamang said district administrations and law enforcement agencies have been tasked with maintaining constant oversight. A dedicated 24×7 helpline will be established, while control rooms at both state and district levels are being reinforced to ensure equitable distribution th ...Read More >
New Delhi [India], March 31 (ANI): Odisha Chief Minister Mohan Majhi held a virtual meeting with District Collectors on Monday to ensure an uninterrupted supply of essential commodities amid the West Asia conflict. The Chief Minister directed enforcement squads to remain on 24x7 action mode, monitor markets, act against hoarders and rumour-mongers, and maintain team spirit for coordinated crisis management, according to the CMO. Earlier in the day, the Union government announced that a 100 per ...Read More >
Bhubaneswar, March 30 (SocialNews.XYZ) Chief Minister Mohan Charan Majhi on Monday directed district collectors across Odisha to keep enforcement squads on a 24-hour action mode and regularly monitor market conditions to curb black marketing, illegal hoarding, and price rise. In view of the prevailing situation in West Asia, CM Majhi also reviewed the supply of essential commodities in the state during a high-level virtual meeting with district collectors. According to an official statement is ...Read More >
Bhubaneswar, March 30 (SocialNews.XYZ) Chief Minister Mohan Charan Majhi on Monday directed district collectors across Odisha to keep enforcement squads on a 24-hour action mode and regularly monitor market conditions to curb black marketing, illegal hoarding, and price rise. In view of the prevailing situation in West Asia, CM Majhi also reviewed the supply of essential commodities in the state during a high-level virtual meeting with district collectors. According to an official statement is ...Read More >
New Delhi, Mar 30 (PTI) Members of the Delhi Women Congress on Monday staged a protest here against rising LPG prices and alleged supply shortages, carrying empty cylinders on their heads to highlight the issue. "Women are standing in long queues for cylinders, and even after price hikes, cylinders are not easily available," said Pushpa Singh, president of the Delhi Women Congress. She added that repeated price hikes have made it increasingly difficult for households to manage daily cooking ne ...Read More >
The effective closure from the Iran war of the Strait of Hormuz -- the critical chokepoint for roughly 20% of the world's oil and liquefied natural gas -- is in its fifth week with no clear signs of resolving. For Asia, which buys more than 80% of the crude and LNG that flows through the narrow waterway, the consequences have been swift: severe fuel shortages, export bans, and government budgets stretched to the breaking point. The crisis is forcing Asia to look both backward and forward simult ...Read More >
Bhubaneswar: The state govt, following the spirit of Team India and keeping the nation first, is ensuring that accurate information reaches every citizen, that supply of essential commodities remains uninterrupted, and attempts at hoarding or black marketing are strictly checked, said chief minister Mohan Charan Majhi on Friday night."I urge all citizens to stay informed about the evolving situation, maintain patience, and avoid unnecessary purchases so that the system functions smoothly," The C ...Read More >
New Delhi [India], March 30 (ANI): India has sufficient stocks of urea and DAP (Diammonium Phosphate) ahead of the Kharif season, even as domestic production faces temporary disruptions amid ongoing tension in the West Asia region, the Union Government said on Monday. Speaking at a joint inter-ministerial briefing in the national capital, Aparna S Sharma, Joint Secretary of the Department of Fertilisers, said, "Urea and DAP are being made available to farmers at regulated prices: Rs 266 per 45 ...Read More >
Petrol and diesel stocks continued to be adequate at retail pumps across the country, the petroleum ministry said on Saturday, even as a panel of Union ministers overseeing supplies -- gas to fertilisers -- assessed measures to boost availability amid the West Asian war, defence minister Rajnath Singh said in a tweet. Distribution of LPG cylinders, used by 333 million households for daily cooking, has remained "normal" with outlets delivering about 5.4 million refills on Friday, the petroleum m ...Read More >
The Indian Premier League (IPL) 2026 season has barely begun, but it has already delivered its first major controversy. Following Kolkata Knight Riders' (KKR) six-wicket defeat to Mumbai Indians (MI) at the Wankhede Stadium, a pointed remark from captain Ajinkya Rahane has triggered a wider debate - forcing Cricket Australia (CA) to step in with a clarification. At the centre of the storm is Cameron Green, KKR's high-profile signing worth INR 25.20 crore, who did not bowl a single over despite ...Read More >
New Delhi [India], March 30 (ANI): Amid ongoing developments in the West Asia region, a senior official from the Ministry of Ports, Shipping and Waterways said on Monday that all Indian seafarers and ships operating in the Persian Gulf region are remain safe and there has been no report of any incident in the past 24 hours. Speaking at a joint inter-ministerial briefing, Special Secretary in the Ministry of Ports, Shipping and Waterways Rajesh Kumar Sinha stated that all Indian vessels and crew ...Read More >
New Delhi [India], March 30 (ANI): A recent report by Fitch Ratings has flagged heightened risks in India's gold-loan segment following a decline in gold prices, underscoring the need for robust risk controls among non-bank financial institutions (NBFIs). In its latest assessment, Fitch said that falling gold prices could erode the value of collateral backing gold loans, potentially weakening lenders' recovery prospects in the event of borrower defaults. "A decline in gold prices puts pressure ...Read More >
New Delhi [India], March 30 (ANI): A recent report by Fitch Ratings has flagged heightened risks in India's gold-loan segment following a decline in gold prices, underscoring the need for robust risk controls among non-bank financial institutions (NBFIs). In its latest assessment, Fitch said that falling gold prices could erode the value of collateral backing gold loans, potentially weakening lenders' recovery prospects in the event of borrower defaults. "A decline in gold prices puts pressure ...Read More >
New Delhi [India], March 11 (ANI): Rajya Sabha MP Kapil Sibal on Wednesday acknowledged the government's decision to prioritise domestic LPG production for household use, calling it a necessary step to ensure benefits reach consumers directly. Speaking to ANI, the Rajya Sabha MP also asserted that a significant impact on Indian industries was inevitable due to the ongoing conflict between the USA, Israel, and Iran. "These are consequences, this was bound to happen, the war will continue, it wi ...Read More >
Chennai: The escalating tensions in the Middle East saw a spurt in the prices of crude, natural gas, gold and silver on Monday. Analysts warn that prices could move further northwards if the tensions remain heightened. In the Multi Commodity Exchange, crude prices gained 8.5 per cent to Rs 6600 per barrel from the Friday closing level of Rs 6092. West Texas Intermediate (WTI) prices moved up 7.6 per cent on Monday, a day after Iran supreme leader Ayatollah Khamenei died in a US-Israeli strike. ...Read More >
CHANDIGARH: A portion of the frontal section of Congress MLA Sukhpal Singh Khaira's house in Bholath, Kapurthala, was demolished on Monday by the office of the Block Development and Panchayat Officer (BDPO). Khaira, a strong critic of Punjab Chief Minister Bhagwant Mann, condemned the move, calling it the dangerous introduction of "bulldozer (Pila-Panja) politics" in Punjab by Mann under directions from AAP supremo Arvind Kejriwal, aimed at silencing criticism and democratic dissent. As the de ...Read More >
MUMBAI: Precious metals lost the rally gained in morning trade Monday, with gold closing 1.76% up or 2,758/10 gm at Rs 159,634 and silver closing 4.3% up or Rs 10,877/kg at Rs 263,821. In morning trade the yellow metal climbed above Rs 1.6 lakh/10 gm and silver surged 6% to cross Rs 2.67 lakh amid rising geopolitical tensions, global tariffs, and a stronger dollar. Renisha Chainani, head of research at gold trading platform Augmont said "since Friday gold rebounded by about 4% and silver outpe ...Read More >
Mumbai, Feb 13 (PTI) The rupee depreciated 8 paise to 90.69 against the US dollar in early trade on Friday, pressured by the strengthening of the American currency and a negative trend in domestic equities. Forex traders said a firm dollar limited the upside for emerging-market currencies including the rupee. At the interbank foreign exchange market, the rupee opened at 90.69 against the US dollar, registering a fall of 8 paise over its previous close. On Thursday, the rupee appreciated 17 pa ...Read More >
The demerger is designed to create independent, sector-focused companies with their own balance sheets and leadership teams. Management believes that this will allow each business to pursue tailored growth strategies, attract specialised investors and be valued more accurately by the market. The approval by National Company Law Tribunal (NCLT) of Vedanta Ltd's long-awaited demerger plan on Tuesday, marks a defining moment for one of India's largest natural resources conglomerates. The tribunal' ...Read More >
Stage 4 curbs ban older petrol and diesel vehicles, restrict truck movement and tighten enforcement across Delhi-NCR. New Delhi: Delhi has once again entered the 'Severe' air pollution category, prompting the Commission for Air Quality Management (CAQM) to implement Stage 4 measures under the Graded Response Action Plan (GRAP) across the National Capital Region. The curbs were triggered after the city's Air Quality Index (AQI) crossed 400, prompting the strictest set of restrictions to limit v ...Read More >
New Delhi, Dec 17 (SocialNews.XYZ) The Securities and Exchange Board of India (SEBI) on Wednesday approved a comprehensive overhaul of mutual fund regulations to improve cost transparency and reduce the expense burden on investors. According to the report, the changes were cleared by the SEBI board and will be implemented through the new SEBI (Mutual Funds) Regulations, 2026, replacing the existing 1996 framework after a detailed review. At the core of the reform is a revamp of the Total Expen ...Read More >
Kolkata, Dec 17 (PTI) West Bengal Chief Minister Mamata Banerjee on Wednesday asserted that the state has emerged as the commercial capital of eastern and northeastern India, driven by strong MSME-led growth and its strategic geographic location. Addressing a programme of the Confederation of West Bengal Traders Association here, Banerjee rejected what she termed "ignorant" allegations that the state's debt has mounted to nearly Rs 7 lakh crore. She, however, did not reveal the exact amount th ...Read More >
New Delhi, Dec 17 (PTI) Silver futures rallied sharply by Rs 8,356 to hit a fresh record of Rs 2,06,111 per kilogram on Wednesday amid strong global cues, persistent supply concerns and expectations of rate cuts by the Federal Reserve next year. On the Multi Commodity Exchange (MCX), silver futures for March contract surged by Rs 8,356, or 4.2 per cent, to hit a fresh peak of Rs 2,06,111 per kilogram. It had closed at Rs 1,97,755 per kg on Tuesday. The May 2026 contract for silver also witness ...Read More >
MUMBAI, Dec 16: The benchmark Sensex tumbled 533.50 points to settle at 84,679.86 on Tuesday, while the Nifty fell 167.20 points to a week's low of 25,860.10, as foreign fund outflows, a weak rupee, and sluggish global markets dampened investor sentiment. Axis Bank led the losses among Sensex constituents, dropping 5.03%, followed by Eternal, HCL Tech, Bajaj Finserv, Tata Steel, UltraTech Cement, and Bajaj Finance. In contrast, Titan, Bharti Airtel, Mahindra & Mahindra, and Asian Paints were am ...Read More >
Indian markets tumbled with Sensex down 522 pts (0.63%) at 84,679 and Nifty 167 pts (0.64%) at 25,860 as rupee breached 91 vs USD. | Image: Republic The Indian stock market faced significant losses amid the rupee falling to record low levels and weak global cues keeping the market under pressure. Indian rupee crossed the 91 mark for the first time, and has lost 1% in the last five trading sessions against the US dollar. Sensex suffered a loss of 0.63% or 522 points at 84,679.86, while the Nift ...Read More >
MUMBAI: The Indian rupee on Tuesday slipped to a fresh all-time low, crossing the 91 mark, making it one of the weakest major currencies globally this year and the weakest in Asia in 2025 so far. The pressure on the currency is being driven by uncertainty around the India-US trade deal, continued foreign institutional investor (FII) outflows and persistent US dollar buying. Over the past 9 trading sessions, the currency has declined from 90 to 91 against the dollar, including a one percent drop ...Read More >
Mumbai, Dec 16 (PTI) The rupee sank to a fresh record low, breaching the 91-a-dollar mark for the first time on Tuesday, even as the government attributed the currency's slide to the widening trade gap and developments related to the India-US trade deal. During the session, the local unit tanked below 91 and hit its lowest level of 91.14 against the US dollar. However, it recouped some of the losses towards the end of the session, settling at 90.93, down 15 paise from its previous close. The I ...Read More >
Mumbai, Dec 16 (PTI) The rupee descended to a fresh record low, breaching the 91-a-dollar mark for the first time before ending 15 paise weaker at 90.93 against the greenback on Tuesday, even as the government in the Rajya Sabha attributed the sliding currency value to the widening trade gap and developments related to the India-US trade deal. During the session, the local unit lost 36 paise from its previous close to hit its lowest-ever level of 91.14 against the greenback, but strengthened sl ...Read More >
Mumbai (Maharashtra) [India], December 16 (ANI): The Indian stock market faced significant losses amid the rupee falling to record low levels and weak global cues keeping the market under pressure. Indian rupee crossed the 91 mark for the first time, and has lost 1% in the last five trading sessions against the US dollar. Sensex suffered a loss of 0.63% or 522 points at 84,679.86, while the Nifty 50 was down by 0.64% or 167 points at 25,860.10. Among the sectors, Nifty Realty emerged as the t ...Read More >
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