Commodities

Commodities News

“We will have 6 GW renewable energy capacity by 2030”

Prasanna Kumar Motupalli, chairman and managing director of the central PSE, gives an outline of the company’s growth trajectory in an interview with Manish Gupta. State-run NLC India Ltd (formerly.

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COMEX gold resistance between $1970- $1985; Dollar index lost 2.75% in last five days

August gold futures prices hit a three-week high in COMEX. Traders should wait for correction around Rs 58,950-58,900 for expected target of Rs 59,500 and stoploss of Rs 58,500. By.

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Gold poised for weekly gain as dollar hits over 1-year low

Interest rate futures showed markets mostly priced in another rate hike from the Federal Open Market Committee (FOMC) at its July 25-26 meeting, but expectations of further increases have dropped..

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India, US to work for global hydrogen ecosystem: MNRE secretary

India and the US are working towards rapidly deploying clean energy at scale, build economic prosperity and help achieve global climate goals, he said. India and the US are committed.

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Cabinet nod to lithium mining by private companies

India and Australia recently identified five target projects (two lithium and three cobalt) under the India-Australia Critical Minerals Investment Partnership to build new supply chains. The Union Cabinet on Wednesday.

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Gold Price Today, 13 July: Gold inches higher on lower US dollar; traders eye UK GDP, US PPI data

Gold Rate Today, Gold Price in India on 13 July,owing to a sharp plunge in the greenback and U.S. treasury yields, COMEX Gold prices surged more than 1% on Wednesday.

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Oil prices rise in early trade as US inflation cools

Brent crude futures rose 6 cents to $80.17 per barrel by 0004 GMT and U.S. West Texas Intermediate crude futures were up 4 cents, or $75.79. Oil prices rose in early.

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Crude oil eases ahead of China, US data, but OPEC+ cuts support market

Brent crude futures fell 22 cents, or 0.3%, to $78.25 a barrel by 0107 GMT, and U.S. West Texas Intermediate crude was at $73.57 a barrel, down 29 cents, or.

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Lower oil prices to cut subsidy outgo, support growth, cool inflation

Indian crude basket seen at least $5/dollar lower than Budget estimates Indian basket of crude, a crucial determinant of government finances in India, may turn out to have a weighted.

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Global interest in India’s clean energy: Hardeep Singh Puri

PSUs are the game changers for ensuring a smooth green hydrogen economy transition, he said, adding that they have targeted to produce more than 1 MMT of green hydrogen by.

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