Israel-Hamas conflict could spike oil, other commodity prices: World Bank
Oil prices are expected to average $90 a barrel in the current quarter before declining to an average of $81 a barrel next year as global economic growth slows.
commodity prices
October 2023
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December 2022
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July 2022
Tata Steel shares rise 2% despite 92% fall in Q1 profit; here’s why
The share price of the steel major rebounded 2.5% to ₹118.40, after falling nearly 1% in opening trade on the BSE.
Tomato prices skyrocket to Rs 160 a kg in Delhi/NCR, other parts of country
Traders say the prices have zoomed due to supply constraints caused by heavy rains in various parts of the country
What's Behind Central Banks' Gold Rush?
Central Banks globally have accumulated gold reserves this year at a pace not seen since 1967.
Gloomy quadrilateral sank rupee 11% in 2022
Against the backdrop of the strengthening Dollar Index that made its two-decade high in September 2022, the rupee managed to close the year at 82.61 to the US dollar, down from 74.29 at end of 2021.
Global inflation to remain ‘front and centre’ in 2023 as well: CEBR
The battle against inflation is not won yet. The fact that core inflation rates, which strip out volatile food and energy prices, have crept up across developed economies, says a CEBR report.
Year 2022 marks inflection point for financial world
The year proved to be a roller-coaster, not only from the geo-political perspective but also from the point of view of asset management and economics.
Commodity Bloc Vs Currency Bloc
US-led dollar bloc uses policy tightening to hit back at commodity producers led by Russia. Indian economy feels the heat.
End of QE triggers demand destruction in commodities, says agri expert Prof Sarjanovic
Commodity prices don’t react to just interest rates but also to supply and demand changes. Higher interest rates mean slower growth prospects, says Prof Sarjanovic.
Morgan Stanley cuts India's FY23 GDP forecast to 7.2%
Morgan Stanley sees India’s inflation falling to 6.5% in FY23 from 7% estimated earlier, as it sees moderation in commodity price increases improving in the near-term
