Oil Futures Rise On Saudi Price Increase And Middle East Tensions

Oil-Futures-Rise-On-Saudi-Price-Increase-And-Middle-East-Tensions

Oil futures rose today following Saudi Arabia’s decision to raise June crude prices for most regions. Additionally, concerns over the slim prospect of a Gaza ceasefire deal renewed fears that the Israel-Hamas conflict could escalate, heightening tensions in the key oil-producing region.   The Brent Crude Oil futures were up by 0.84 per cent to

FPIs Take Cautious Approach Amid Ongoing General Elections

Fpis-Take-Cautious-Approach-Amid-Ongoing-General-Elections

Adopting a cautionary stance, foreign investors infused 1,156 crore rupees in the first two trading sessions of May. As per depositories data, Foreign Portfolio Investor (FPIs) invested 1,156 crore rupees in equities and sold 1,726 crore rupees in debt this month. This came after FPIs pulled out equities worth 8,700 crore rupees in April. Before

Centre Lifts Ban On Export Of Onions Subject To A Minimum Export Price Of 550 Dollar Per Metric Ton

Centre-Lifts-Ban-On-Export-Of-Onions-Subject-To-A-Minimum-Export-Price-Of-550-Dollar-Per-Metric-Ton

The Centre has lifted the ban on onion exports. In a notification, Directorate General of Foreign Trade said that the order effective immediately, is subject to a Minimum Export Price of 550 dollar per Metric Ton. The decision was taken considering factors such as estimated Rabi-2024 production, good Kharif prospect with above-normal monsoon forecast, current