Gems, Jewellery exports surge 20% to Rs 25,365 Cr in May: GJEPC
India's gems and jewellery exports during May witnessed a year-on-year growth of 20 per cent to Rs 25,365.35 crore (USD 3.28 billion), amid strong demand from key markets, including the US, the Gem and Jewellery Export Promotion Council (GJEPC) said on Saturday. The overall gems and jewellery exports stood at Rs 21,156.10 crore (USD 2.89 [...]
Steel prices likely to fall by up to 15% in domestic market: EEPC
Steel product prices -- which were continuously rising in the domestic market -- are expected to fall by 10-15 per cent due to duty-related measures taken by the government, industry body Engineering Export Promotion Council (EEPC) on Monday said. Reacting to the government's move to levy export duty on some steel items, EEPC India Chairman [...]
Oilmeals exports up 10% to 3.34 lakh tonnes in April
Oilmeals export increased by 10 per cent in April to nearly 3.34 lakh tonnes on higher shipments of rapeseed meal, according to industry data. In a statement, Solvent Extractors' Association of India (SEA) said the export of oilmeals in April 2022 is provisionally reported at 3,33,972 tonnes compared to 3,03,705 tonnes in the same month [...]Foods and Inns Limited declares robust growth, Standalone Revenue up by 73% YoY
Foods & Inns Limited, one of the largest pioneers of food processing industry in India has announced robust financial numbers in FY22. HIGHLIGHTS OF STANDALONE BUSINESS Standalone Financials FY22 vs FY21 (Y-o-Y basis) 1. The Revenue from Operations of the Group has increased to INR 616.49 Crores from INR 356.57 Crores in FY'21. The Revenue [...]
Gold price falls Rs 360 on international trends, rupee appreciation
Gold price declined Rs 360 to Rs 50,127 per 10 grams in the national capital on Friday, reflecting an overnight slump in international precious metal prices and rupee appreciation, according to HDFC Securities. In the previous trade, the precious metal ended at Rs 50,487 per 10 grams. Silver fell Rs 252 to Rs 58,916 per [...]
Crude oil futures gain on spot demand
Crude oil prices on Friday rose by Rs 87 to Rs 8,261 per barrel as participants widened positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for May delivery traded higher by Rs 87 or 1.06 per cent at Rs 8,261 per barrel in 5,601 lots. Analysts said the raising of [...]OILSEEDS PRICES
MAY 12, 2022 MUMBAI, (PTI) OIL SEEDS (per 100 Kgs) Gr. Kernel 8075.00 Gr. Bolds 60/70 8800.00 Gr. Javas 60/70 9900.00 Gr Javas 70/80 8900.00 Gr.Javas 80/90 9400.00 Kardiseed 2pct Crug/Expor Qly 5500.00 Seasameseed Whitish 98/2/FFA/1FM 10000.00 Whitish 95/5/FFA/1FM 9800.00 Brown 48/2 FFA/4 FM 9400.00 Brown 48/3 FFA/4 FM 9100.00 Brown 48/4 FM/* No FFA [...]Crude oil futures decline on low demand
New Delhi, May 12 (PTI) Crude oil futures on Thursday dropped by 1.57 per cent to Rs 8,027 per barrel as participants trimmed their positions on low demand. On the Multi Commodity Exchange, crude oil for May delivery fell by Rs 128 or 1.57 per cent to Rs 8,027 per barrel with a business volume [...]MUM BULLION OPENING PRICES
MUMBAI, MAY 12 (PTI) MUMBAI BULLION OPENING RATES:- OPENING RATES SILVER SPOT (IN RS PER KILO) : 60460.00 STANDARD GOLD (99.5) : 51079.00 PURE GOLD (99.9) : 51284.00 ------------ PTI MUMSVC SVC
