Demand-supply projections for crops, livestock in the works

Government’s think-tank NITI Aayog has set up a working group on demand and supply projections of crops, livestock, fisheries and agriculture inputs to assess and project demand for 2025-26, 2030-31 and 2035-36, a senior government official said.

Daily UPI transactions jump 50% to 36 crore: RBI governor

The UPI was launched in 2016, and since then it has emerged as the most popular and preferred payment mode pioneering person-to-person and person-to-merchant transactions accounting for 75 per cent of the total digital payments. The volume of UPI transactions has increased manifold from 0.45 crore in January 2017 to 804 crore in January 2023.

Gold outlook: Fed commentary on rate hike to keep bullion on edge this week

Correction in the dollar index from resistance levels was one of the major reasons for the recovery in gold and silver, currency and commodity expert Anuj Gupta said. Bullion is also taking positive cues from stronger than expected business activity in China which is the largest commodity importer in the world, Gupta said.

Classic PE not the correct gauge to value Adani stocks: Rajiv Jain

The stock first of all did run up quite aggressively last year and year-a-half and some of them were Adani Green that ran up along with the other similar names in Europe and other places. So, there was a big influx of ESG money whether index or active into these kind of names and that […]

Commodity traders saw $100 billion year as market boomed, says report

Industry revenue has roughly tripled from the $36 billion in 2018, according to the report. Gross margins from independent trading houses far outstripped others in the sector. For the first time, the consultancy’s analysis split out hedge fund numbers into their own section, having merged them with others beforehand.

Stock market’s fate comes down to the next 13 trading sessions

Investors are anxious about most of this. Forward implied volatility is back in the low 30s for the consumer-price-index day and nearing 40 for Fed rate-decision day later, meaning traders are betting on some big swings, data compiled by Citigroup show. However, a forward implied volatility reading of 26 on jobs data day indicates the […]