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ESSENTIAL COMMODITIES PRICE INCREASE
Freight woes threaten fresh supply crunch in Manipur as transporters stay awayTransport operators are avoiding Manipur due to high costs and long travel times. Essential goods face shortages as highway conditions wors...- Japan's wholesale inflation spikes as fuel costs, weak yen biteJapan's wholesale inflation surged at its fastest pace in over three years. This acceleration was driven by rising fuel and metal prices, a...
- RBI rate hike: Interest burden for Indians may go up later this year amid inflation risksThe Reserve Bank of India is poised to keep its policy rates steady in the short term. Nonetheless, BofA Securities predicts that rising co...
- NIA-led team arrests two in connection with killing of six Naga civilians in ManipurSecurity forces arrested two individuals in Kangpokpi district for their alleged involvement in a killing. Six Naga civilians were found de...
- Strategic oil reserve buying set to support crude demand through 2028To enhance energy security and stabilize market prices, various governments plan to acquire millions of oil barrels up to 2028. This approa...
- India's richer middle class is living a more dollar-linked life while earning in rupeesDollar spending India: The country's expanding middle class now spends more on foreign goods and services. International travel and oversea...
- India consumer inflation likely breached RBI's 4% target in June, poll showsIndia's consumer inflation likely breached the central bank's target in June. Higher food and fuel prices added to cost pressures for consu...
- SAIL, Indonesian firm to explore JV for stainless steel manufacturingSAIL and Indonesia's PT Krakatau Steel will explore a joint venture for stainless steel slab production. This collaboration aims to meet In...
- Prolonged US-Iran tensions may push India's crude basket above $75/bbl, raise inflation risks: ExpertsMarket experts warn a prolonged US-Iran standoff could increase India's crude oil import costs. Diversified sourcing is expected to cushion...
- US oil prices jump after US military launches strikes against IranU.S. oil prices increased significantly after military strikes against Iran. These actions followed Iranian attacks on three commercial ves...
- NCDEX revives black pepper futures to boost India's price discoveryNCDEX has relaunched black pepper futures after more than a decade, aiming to restore India’s role in global price discovery. The contract ...
- AI, clean energy push may trigger new commodity supercycle: ReportInvestments in artificial intelligence (AI) infrastructure, the global clean energy transition and supply-chain reshoring could trigger a n...
- Scorching summer puts ACs in the driver's seat for Q1 consumer durables sales: ReportThe consumer durable sector anticipates a robust first quarter in fiscal year 2026-2027. Strong summer demand and a favorable base are expe...
- US service sector growth dips in June; employment rebounds after months of contractionUS services sector activity saw a slight dip in June as the impact of Middle East war-driven order rushes faded. However, employment reboun...
- Food prices ease in June as focus shifts from war to cropsWhile this eased immediate fears, attention is now shifting to potential challenges like lower acreage, weaker yields, and adverse weather ...
- OPEC+ to boost crude output, but can it deliver and who will buy?OPEC+ has boosted oil production quotas for the fifth consecutive month, raising questions about shipping capacity and buyer demand. While ...
- World food prices ease for second month in June, UN's FAO saysIn June, global food prices experienced a slight reduction, as reported by the FAO of the UN. The decline was mainly fueled by decreasing p...
- Fresh tension has grips Kangpokpi district in Manipur following protest held by Kuki Zo peopleFresh tensions erupted in Manipur's Kangpokpi district as Kuki Zo people protested, marching to a buffer zone. Naga women blocked essential...
- PM Modi appeal impact: Gold import growth down substantially in MayGold imports saw a significant slowdown in May, a welcome development following Prime Minister Modi's calls to curb consumption. This decel...
- Government lifts curbs on petrol, diesel sales at pumps as global oil prices fallFuel stations can now freely sell petrol and diesel to all customers. The government has removed restrictions on bulk buyers purchasing fue...
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