Commodities Market

Commexes turnover up 20% in Jan-Mar, bullion takes lead

The total value of trade in the commodity futures market rose 20 percent to Rs 44.03 lakh crore in the first three months this year, led by gold and silver, market regulator FMC has said.

Gold just above Rs 30,000 as demand slackens

Gold hovers around Rs 30,000 as demand in India remains sluggish due to lack of weddings and an off-festival season.

Oil slides on eurozone concerns

Oil edged lower on Monday on pressure from revived concerns about a eurozone economic slump and political uncertainty.

Gold futures ease from one-week high, falls on easing eurozone fears

Gold prices eased on Friday as fears about the health of the global economy abated after successful debt sales by Spain and Italy encouraged investors to put their money in riskier assets.

Global indices, oil move up on ECB rate cut, Greece hopes

Global stocks and crude oil rallied on Thursday on rising hopes Greece will abandon plans to hold a referendum over a euro-zone bailout and after the European Central Bank cut interest rates in a surprise move.

Gold rises by 1 pct in India, traders postpone buys

Gold in India rose by more than one percent on Monday, in line with a similar jump in global prices, pushing physical traders on the sidelines in the middle of a festival season when demand is firm, dealers said.

Asian stocks jump on hopes of Europe debt plan

After weeks of indecision, European ministers told a meeting of global finance leaders in Washington over the weekend that they would take bolder and more decisive steps to pull Greece back from the brink of bankruptcy.

Gold, bonds keep investors interested, Re follows stocks

Gold edged up more than half a percent. Bond yields improved. But as Indian shares joined the global rout, rupee reeled towards its lowest level, sparking off outflow worries.<br /><br /> <br /><br />

Markets recover as oil crashes; ADAG stocks down on 2G scam

Indian equity benchmarks snapped nine days' losing streak this mornings as a sharp fall in crude oil prices on Thursday eased macroeconomic worries. However, all Anil Ambani Group stocks have started slipping with the start of the 2G trial.

Diesel prices should also go on a float: Basu

He was interacting with students of a city women's college after delivering a lecture on 'Indian Economy - Problems and Prospects'.