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Bhubaneswar: CM Mohan Charan Majhi on Wednesday unveiled 36 industrial projects -- inaugurated 11 and laid foundation stones of 25 -- with a total investment of Rs 40,811 crore, which are expected to generate 59,050 jobs.The projects -- spread across multiple districts -- span sectors such as green energy equipment, metals and downstream industries, textiles and apparel, plastics, tourism, agriculture and food processing, defence manufacturing, IT and ITES, automobile and cement.The bulk of the ...Read More >
New Delhi, Apr 9: Silver prices declined by Rs 7,800 to Rs 2.43 lakh per kilogram in the national capital on Thursday, while gold fell to Rs 1.54 lakh per 10 grams as investors booked profits amid concerns over the durability of the fragile ceasefire in West Asia. Sharp decline in domestic bullion prices According to the All India Sarafa Association, the white metal depreciated by Rs 7,800, or 3.10 per cent, to Rs 2,43,200 per kg (inclusive of all taxes) from Wednesday's closing level of Rs 2, ...Read More >
New Delhi, Apr 9 (PTI) Silver prices declined by Rs 7,800 to Rs 2.43 lakh per kilogram in the national capital on Thursday while gold fell to Rs 1.54 lakh per 10 grams as investors booked profits amid concerns over the durability of the fragile ceasefire in West Asia. According to the All India Sarafa Association, the white metal depreciated by Rs 7,800, or 3.10 per cent, to Rs 2,43,200 per kg (inclusive of all taxes) from Wednesday's closing level of Rs 2,51,000 per kg. Gold of 99.9 per cent ...Read More >
Mumbai, April 9: The equity markets witnessed renewed selling pressure on Thursday, with both benchmark indices closing in the red amid rising uncertainty in the ongoing Middle East conflict. The Nifty 50 index closed at 23,775.10, declining by 222.25 points or 0.93 per cent, while the BSE Sensex ended at 76,631.65, falling by 931.25 points or 1.20 per cent. Market experts attributed the decline to fading optimism around the ceasefire and renewed geopolitical tensions impacting investor sentimen ...Read More >
Mumbai: Indian equity benchmarks declined on Thursday, snapping their five-day gaining streak, as rising oil prices and uncertainty around the US-Iran ceasefire weighed on investor sentiment. The Nifty closed 0.93 per cent lower, falling 222.25 points to settle at 23,775.10. The Sensex also slipped sharply, ending 1.20 per cent or 931.25 points down at 76,631.65. Commenting on Nifty technical outlook, experts said that the intraday charts showed price action remained range-bound with a slight ...Read More >
New Delhi, Apr 9 (PTI) Silver prices retreated by Rs 2,895 to Rs 2.37 lakh per kilogram in futures trade on Thursday, tracking weak global trends and profit booking after recent gains. On the Multi Commodity Exchange, the white metal for May delivery declined by Rs 2,895, or 1.21 per cent, to Rs 2,37,023 per kilogram in a business turnover of 5,793 lots. Analysts said silver witnessed selling pressure following a sharp rally triggered by easing geopolitical tensions in West Asia. Silver saw a ...Read More >
New Delhi, Apr 6 (PTI) Silver prices jumped Rs 2,273 to Rs 2.34 lakh per kilogram in futures trade on Monday, tracking firm global trends amid geopolitical tensions in West Asia. On the Multi Commodity Exchange, the white metal for May delivery appreciated by Rs 2,273, or 1 per cent, to Rs 2,34,768 per kg. Analysts said the gains in silver prices came as investors tracked developments in West Asia following fresh warnings from US President Donald Trump over the Strait of Hormuz. Gaurav Garg, ...Read More >
New Delhi, Apr 9 (PTI) Gold prices pared early losses to trade higher at Rs 1.51 lakh per 10 grams in futures trade on Thursday, supported by cautious buying amid a fragile ceasefire between the US and Iran. On the Multi-Commodity Exchange, the yellow metal contract for June delivery opened lower, but later reversed losses to trade in the green territory. The most traded June contract for gold rose Rs 211, or 0.14 per cent, to Rs 1,51,987 per 10 grams in a business turnover of 7,421 lots. Ana ...Read More >
Mumbai (Maharashtra) [India], April 9 (ANI): The equity markets witnessed renewed selling pressure on Thursday, with both benchmark indices closing in the red amid rising uncertainty in the ongoing Middle East conflict. The Nifty 50 index closed at 23,775.10, declining by 222.25 points or 0.93 per cent, while the BSE Sensex ended at 76,631.65, falling by 931.25 points or 1.20 per cent. Market experts attributed the decline to fading optimism around the ceasefire and renewed geopolitical tensio ...Read More >
New Delhi, Apr 9 (PTI) India's diversification of energy sources and enhancing access to critical minerals are crucial for the country's economy, but this shift has introduced new challenges, Tata Steel CEO and Managing Director T V Narendran said on Thursday. Addressing the AIMA Leadership Conclave, Narendran termed India's energy and critical minerals diversification move as a "layered vulnerability". "The challenge is obvious while we are diversifying our sources of energy and critical mine ...Read More >
Mumbai, April 9 (SocialNews.XYZ) Gold and silver prices declined on Thursday despite fresh geopolitical tensions following reports of Israel attacking Lebanon's Hezbollah. On the Multi Commodity Exchange (MCX), gold futures (June 5) fell as much as 0.74 per cent or Rs 1,129 to Rs 1,50,647, hitting an intraday low at around 10:40 AM. The yellow metal was later trading at Rs 1,51,113, down Rs 663 or 0.44 per cent. It touched an intraday high of Rs 1,51,452. Meanwhile, silver futures (May 5) also ...Read More >
BHUBANESWAR: Chief Minister Mohan Charan Majhi on Wednesday inaugurated and laid foundation stones for 36 industrial projects with a combined investment of '40,811 crore, at Bhuinpur near Begunia in Khurda district. The projects spanning green energy equipment, metals and downstream industries, textiles, plastics, tourism, food processing, defence manufacturing, IT, automobiles and cement, are expected to generate over 59,000 employment opportunities. Addressing a function on the occasion, the ...Read More >
BHUBANESWAR: The Adani Group on Wednesday announced three major projects worth over Rs 33,000 crore across digital infrastructure, power and cement manufacturing sectors in Odisha, reiterating the corporate behemoth's expanding commitments in the state. The announcement came as Chief Minister Mohan Charan Majhi unveiled 36 industrial projects worth over Rs 40,811 crore at a function in Bhuinpur of Khurda district. The projects - 11 completed and 25 new investments - are in the sectors of green ...Read More >
Gold prices in Chennai and Madurai climbed to a three-week high on Wednesday, tracking firm global cues as geopolitical tensions eased slightly following a ceasefire understanding between the United States and Iran. The softer US dollar further supported bullion demand in Asian trading, pushing rates higher across Indian markets. According to the latest data updated at 9:40am (IST) on Bullions website, 24-carat gold is priced at ₹15,373 per gram in both Chennai and Madurai. The rate for 22-car ...Read More >
The decision comes amid efforts to ensure stable supply of LPG for industries. ShowQuick Read Summary is AI-generated, newsroom-reviewed * The government directed states to allocate more LPG to key industrial sectors amid supply disruptions * Major industries will receive 70% of LPG based on pre-March 2026 consumption levels * Sectors like pharma, food, polymer, and agriculture will benefit from increased LPG supply Did our AI summary help? Let us know. Switch To Beeps Mode New Delhi: ...Read More >
The projects span sectors including green energy equipment, metal and downstream industries, textiles and apparel, plastics, tourism, agriculture and food processing, defence manufacturing, IT, automobiles, and cement. Before launching the projects, the chief minister held a roundtable with leading industrialists from across the country and assured them of all necessary facilities -- land, power, water, connectivity, and timely approvals. "We have a dedicated team to facilitate industries to s ...Read More >
Bhubaneswar, Apr 8 (PTI) Odisha Chief Minister Mohan Charan Majhi on Wednesday launched 36 industrial projects worth Rs 40,811 crore, which are expected to generate 59,000 jobs, officials said. Of the 36 projects, Majhi inaugurated 11 industrial units and laid foundation stones for 25 others at separate locations like Bhuinpur in Khurda district and Ramdaspur Industrial Area in Cuttack in the presence of senior officials and industry leaders. The projects span sectors including green energy eq ...Read More >
Bhubaneswar, Apr 8 (UNI) Declaring the dawn of a transformative era, Chief Minister Mohan Charan Majhi announced that Odisha has embarked on its second industrial revolution, marking a decisive shift from promise to tangible prosperity. At a major event held in Bhuinpur under Begunia in Khordha district, the Chief Minister inaugurated and laid foundation stones for 36 industrial projects worth an impressive Rs.40,811 crore. The initiative underscores the state government's strong commitment to ...Read More >
Bhubaneswar, April 8 (SocialNews.XYZ) Chief Minister Mohan Charan Majhi on Wednesday inaugurated and laid the foundation stones for 36 industrial projects with investments worth Rs 40,811 crore at Bhuinpur near Begunia in Khordha. Of these, 25 projects were inaugurated, while foundation stones have been laid for 11. While addressing a public meeting on the occasion, the Chief Minister said that Odisha is no longer just a state with vast potential but is now experiencing the touch of prosperity ...Read More >
Bhubaneswar: In a significant push to industrial expansion, Odisha Chief Minister Mohan Charan Majhi on Wednesday launched and laid the foundation for 36 projects entailing investments of over Rs 40,800 crore, signalling a shift from policy intent to on-ground execution. The projects, spread across multiple districts, are expected to generate more than 59,000 jobs and span a diversified sectoral base -- from green energy equipment and metals to textiles, defence manufacturing, IT/ITeS, automobi ...Read More >
Chennai: The announcement of a ceasefire in Iran has reversed trends in the commodity and currency markets. While gold, silver, platinum and copper have moved up, crude oil and natural gas prices have declined. The US dollar has weakened, and the rupee has made some gains. However, the reversal in commodity prices remains uncertain as the ceasefire and broader peace in West Asia lack clarity, says Jateen Trivedi, VP, Commodities and Currencies, LKP Securities. Q) The ceasefire announcement has ...Read More >
Bhubaneswar: Odisha government has set another milestone, highlighting the state's strong commitment to industrial growth and timely implementation as Chief Minister Mohan Charan Majhi today laid the foundation stone and launched a total of 36 industrial projects at an investment of Rs 40,811 crore at Bhuinpur in Khurda district. Out of these, 25 projects have been launched and the foundation stone of 11 projects has been laid. On this occasion, the Chief Minister said that Odisha is no longer ...Read More >
New Delhi, April 8 (SocialNews.XYZ) The Centre on Wednesday announced that increase in the commercial LPG limit to 70 per cent of the pre-March 2026 bulk consumption level will be extended to industrial units in the pharma, food, polymer, agriculture, packaging, paint, uranium, heavy water, steel, seed, metal, ceramic, foundry, forging, glass, and aerosol sectors. The increase will be subject to an overall sectoral limit of 0.2 thousand metric tonnes per day. Besides, conditions regarding regi ...Read More >
BENGALURU -- Gold rose to a near three-week high on Wednesday as oil prices and the dollar fell sharply after the United States and Iran agreed to a two-week ceasefire as talks began on a permanent end to the war. Spot gold was up 1.7% at US$4,783.78 per ounce, as of 1123 GMT. Earlier in the session, bullion rose more than 3% to its highest level since March 19. US gold futures for June delivery gained 2.7% to $4,812.60. The United States and Iran have agreed to a two-week ceasefire, subject ...Read More >
New Delhi, Apr 8: Gold prices jumped Rs 3,007 to Rs 1.53 lakh per 10 grams in futures trade on Wednesday due to increased buying on the back of a weak US dollar and relief sentiment after Washington and Tehran agreed to a two-week ceasefire. On the Multi Commodity Exchange, the yellow metal for June delivery appreciated by Rs 3,007, or 2 per cent, to Rs 1,53,296 per 10 grams. Weak dollar and ceasefire boost sentiment Gold prices were supported by a weaker US dollar after President Trump announ ...Read More >
New Delhi, Apr 8 (PTI) Gold prices jumped Rs 3,007 to Rs 1.53 lakh per 10 grams in futures trade on Wednesday due to increased buying on the back of a weak US dollar and relief sentiment after Washington and Tehran agreed to a two-week ceasefire. On the Multi Commodity Exchange, the yellow metal for June delivery appreciated by Rs 3,007, or 2 per cent, to Rs 1,53,296 per 10 grams. Gold prices were supported by a weaker US dollar after President Trump announced a two-week ceasefire with Iran, a ...Read More >
New Delhi, Apr 8 (PTI) Silver prices soared by Rs 15,028 to Rs 2.46 lakh per kilogram in futures trade on Wednesday driven by strong global trends and increased investors' sentiment after US and Iran announced a two week ceasefire. On the Multi Commodity Exchange, the white metal for May delivery soared by Rs 15,028, or 6.5 per cent, to Rs 2,46,376 per kg from Tuesday's closing level of Rs 2,31,348 per kg. Silver prices saw a notable increase on Wednesday reflecting a strong demand amid rising ...Read More >
New Delhi: The Centre on Wednesday allowed 70 percent commercial LPG allocation to a wide range of industrial sectors including pharma, ceramics, agriculture and others that cannot shift to natural gas. A notification issued by the Ministry of Petroleum and Natural Gas to all states and Union Territories, said that industrial units in the sectors of pharma, food, polymer, agriculture, packaging, paint, uranium, heavy water, Steel, seed, metal, ceramic, foundry, forging, glass, aerosol and other ...Read More >
New Delhi, 8th April, 2026: MMTC-PAMP, India's only London Bullion Market Association (LBMA) Good Delivery gold and silver refiner, today announced the launch of the industry's first organized buyback offering for silver coins, bars and jewellery. MMTC-PAMP plans to offer this service at select retail stores across India. At present, MMTC- PAMP operates 17 stores for the recycling of gold in India and aims to extend its hassle-free buyback offering for silver across these centres. In the first ...Read More >
Mumbai: Gold and silver prices on Wednesday traded sharply higher due to safe-haven demand, even after a two-week ceasefire plan was announced by US President Donald Trump. On the Multi Commodity Exchange (MCX), gold futures (June 5) jumped as much as Rs 3,688 or 2.45 per cent to an intraday high of Rs 1,53,977 as of 10:52 AM. The yellow metal was trading at Rs 1,53,920, up Rs 3,631 or 2.42 per cent. It touched an intraday low of Rs 1,53,301, a gain of 2 per cent from the previous close. On t ...Read More >
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