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New Delhi, May 22 Gold prices in the national capital on Thursday rose by Rs 200 to Rs 98,650 per 10 grams on increased demand from local jewellers and stockists, according to the All India Sarafa Association.Gold of 99.5 percent purity rose by Rs 200 to Rs 98,200 per 10 grams (inclusive of all taxes) on Thursday.In contrast, silver prices in local markets rose by Rs 2,040 to Rs 1,01,200 per kg (inclusive of all taxes) on Thursday.Strong global trends and rising tensions in the Middle East also supported local prices, the association said."Gold prices continued to rise as the US dollar remained under pressure following fresh concerns over economic stability," said Chintan Mehta, chief executive officer, Abans Financial Services.US President Donald Trump's proposed budget, which includes s...

New Delhi, May 22: Copper futures prices rose 0.24 percent to Rs 862.85 per kg on Thursday due to increased spot demand. The price of copper contracts for June delivery on the Multi Commodity Exchange rose by Rs 2.10 or 0.24 percent to Rs 862.85 per kg in a business turnover of 5,270 lots. Analysts attributed the rise in copper prices to higher bets by participants.

New Delhi, May 20, NLC India Limited on Monday reported that its consolidated profit for the quarter ended March 2025 rose four-fold to Rs 468.46 crore.The company had reported a consolidated profit of Rs 113.95 crore in the same quarter a year ago.NLC India Limited said in a notice to BSE that the consolidated income of the company in the January-March quarter declined to Rs 3,971.90 crore from Rs 4,034.53 crore in the same quarter a year ago.The company said in a statement that in addition to the interim dividend of 15 percent (Rs 1.5 per share) on the paid-up equity share capital already declared and paid, a final dividend of 15 percent for 2024-25 has been recommended, subject to the approval of the shareholders at the Annual General Meeting.NLC is a public sector company engaged in l...

New Delhi, May 19 Aluminium prices on Monday rose marginally by Rs 1.25 to Rs 239.10 per kilogram in the futures market as speculators built up fresh positions amid a positive trend in the spot market. On the Multi Commodity Exchange, aluminium for delivery in June increased Rs 1.25 or 0.52 percent to Rs 239.10 per kg in 2,154 lots. Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.

New Delhi, May 16: Petrol consumption rose nearly 10 percent in the first fortnight of May, as summer travel boosted fuel demand, according to provisional sales data from state-owned fuel retailers.Petrol consumption rose to 1.5 million tonnes during May 1-15, as against 1.37 million tonnes sold a year ago. Its demand was 10.5 percent higher than the 1.36 million tonnes consumed during May 1-15, 2023, and nearly 46 percent higher than the Covid-hit first fortnight of May 2021. Diesel sales rose 2 percent to 3.36 million tonnes, data from three state-owned fuel retailers that control nearly 90 percent of the fuel market showed. Consumption of the most widely used fuel in India has risen again from the previous month.Demand for diesel, the lifeline of transport and the rural agricultural...

New Delhi, May 16: Silver prices rose marginally by Rs 15 to Rs 96,520 per kg in futures trade on Friday as participants increased their bets. At the Multi Commodity Exchange, the price of silver contracts for July delivery rose marginally by Rs 15, or 0.02 percent, to Rs 96,520 per kg in a business turnover of 20,481 lots. Analysts said fresh deals by participants led to the rise in silver prices. Globally, silver was trading 0.61 percent lower at $32.44 per ounce in New York.

New Delhi, May 15: Passenger vehicle deliveries from factories to company dealerships in the country witnessed a 4 percent rise in April to 3,48,847 units, industry body SIAM said on Thursday.The dispatch stood at 3,35,629 units in April last year.However, total two-wheeler deliveries declined 17 percent year-on-year to 14,58,784 units in April, SIAM said in a statement.Wholesale sales of bikes, scooters and mopeds stood at 17,51,393 units in April 2024.

New Delhi, May 14: Guar gum prices rose marginally to Rs 9,761 per quintal in futures trade on Wednesday as speculators increased their deal size amid strong spot demand.Guar gum contracts for June delivery rose marginally by Rs 1, or 0.01 percent, to Rs 9,761 per quintal on the National Commodity and Derivatives Exchange, with open interest of 49,480 lots.Analysts said traders increased their deals in view of strong spot market trend, which led to rise in guar gum prices.

Tata Steel Q4 results: Steel giant Tata Steel Ltd will announce its earnings for the quarter ended March 2025 on Monday, May 12. In an exchange filing, the firm said its board meeting will be held on Monday to "consider and approve the annual audited financial results of the company for the period ended March 2025 and dividend/other business". The Mumbai-headquartered company said it will hold its earnings discussion call for investors and analysts on Tuesday, May 13, from 2 pm to 3:30 pm to discuss Q4 and FY25 results. Tata Steel Q4 results: Date and timeFor the past three quarters, the Tata Group firm has been announcing its results after market close. However, it has not given any specific timing. Tata Steel share priceThe stock is trading 3.35% higher at ₹147.56 at 11:25 a...

New Delhi, May 12: Copper futures rose 0.06 percent to Rs 855.50 per kg on Tuesday due to increased spot demand.Copper contracts for June delivery rose 55 paise, or 0.06 percent, to Rs 855.50 per kg on the Multi Commodity Exchange in a business turnover of 949 lots.Analysts attributed the rise in copper prices to higher bets by participants.