The Food Ministry has announced another tender for 50,000 tonnes set to open on November 18

Huge imports of yellow peas also weigh on prices

Farmers will receive ₹2-lakh crore from the new minimum support prices

Chana (whole) is being sold at ₹58 per kg and masur dal at ₹89 per kg through cooperative networks like NCCF, NAFED, and Kendriya Bhandar.

The National Pharmaceutical Pricing Authority (NPPA) has sanctioned the ceiling price hike for 11 formulations by 50 per cent in response to representations from drug makers.

Why did the FCI refuse to supply rice to Karnataka? What are the alternatives that the Karnataka government is exploring? How long will it take for the Congress government to implement the Anna Bhagya scheme?

Karnataka bought over 50% of the rice sold through OMSS in five out of the eight years between FY16 and FY23

K. Sukumaran writes on how we could reduce pollution at construction sites

Researchers say the rice variety’s export potential can be maximised by cultivating it in places where its flavour compounds are expressed the most

Recently, the dairy industry has experienced a decrease of ₹5 per liter in the milk price, causing concern among the predominantly women farmers involved in the sector. 

The average retail prices shot up to ₹65-70 per kilo in the north and the eastern regions in October

The currency's decline past the 84 handle is significant as the RBI had been defending that level.

Swiggy is expected to list its shares on November 13

Swiggy plans to use most of the proceeds of the offer to invest in expansion of its dark stores for its quick commerce business Instamart

Why is gold considered a safety cushion by central banks? When does demand for the yellow metal peak in India? Why does the World Gold Council expect an increased demand for gold from rural areas? What factors determine gold prices?

There is a need to provide consumers with a transparently derived domestic reference rate which is under regulatory supervision

Bhavantar can work well in tandem with e-NAM which improves price realisation. This can reduce the Bhavantar outgo

Prices in Bagaluru in North Bengaluru have surged by nearly 90 per cent in the past five years, while Whitefield has seen an 80 per cent rise in prices

Luxury home sales buck the trend of sequential slowdown, with houses priced above Rs one crore rupees accounting for nearly 40 per cent of the total home sales in the last quarter

Among the top 7 cities, Hyderabad saw the highest jump of 32 per cent in average residential property prices

Recent data from the RBI on gross bank credit by major sectors shows that the year-on-year growth in housing loans was 13.1 per cent in August 2024, a steep drop from 40.5 per cent in August 2023.

A major reason for the spike in prices is also due to higher construction costs

Due to high smuggling and illegal trade, the country continues to suffer, and is dependent on international players for its energy security

The asset under management of gold ETF has gone up 33 per cent to ₹28,530 crore as of February against ₹21,400 crore in February, 2023

Akshaya Tritiya, which falls on May 10 this year, is considered auspicious to buy gold

Lingering global uncertainty may boost prices again

SGBs offer a hedge against gold price fluctuations, with investors receiving the ongoing market price at redemption

The high price for gold has also given a boost to diamond jewellers as customers look for alternatives

The high prices may detract price-sensitive customers away, but he pins his hopes on the digital-savvy new generation to invest more in the gold

Analysts anticipate continued volatility in gold prices, fluctuating between ₹71,000 and ₹75,000 in the near term

MOFSL recommends “buy on dips” approach on gold when prices were hovering at ₹69,000 and $2,250 in the international market

The yellow metal outlook looks strong: Sachin Jain, Regional CEO of WGC

But traders can go long on dips

Investors are particularly focused on upcoming job data and key economic indicators to assess the health of the U.S. economy and its potential impact on future Fed decisions

Gold demand has also been boosted due to lower confidence in other investment options, such as real estate and equities, analysts say

The report attributes this projection to the weakening US labour market, disinflation, and the Federal Reserve’s dovish pivot at the upcoming July FOMC meeting

Import levy cut to 6% from 11%, AIDC pruned to 1%; move may curb smuggling

A drop in gold price can lead to increased jewellery demand, improving their revenue and profits Market experts believe the price of yellow metal could drop between ₹300 and ₹500 per gram going ahead

Gold can rise to ₹75,000 if the facing resistance at ₹71,300 is breached and silver at ₹85,000, with potential gains if these levels are breached

Spot gold rose 0.14% to $2,446.83 per ounce, while US gold futures increased by 0.8% to $2,488.50. 

Manufacturers have noted that in some cases, orders have reached levels not seen in several years, underscoring the strong buying interest among jewellery retailers and consumers alike

Sales up 20% during Ganesh Chathurthi, wedding demand could buoy demand for the precious metal further

Gold demand in India has remained robust, particularly following an initial surge after the import duty cut

The market now awaits US Fed meeting minutes, CPI data, and the RBI policy decision, which could impact the rupee and gold prices

Gold jewellery demand this Dhanteras is expected to be subdued due to a 5% surge in bullion prices, now at ₹77,410 per 10 grams