Commodities
- Newgen Software Q4 results: Profit dips 34% to Rs 41.5 crore
- Deepak Nitrite Q4 results: Net profit up 88% at Rs 172 crore
- Stocks in the news: Titan, Kotak Bank, Sun Pharma
- Sebi slaps Rs 7 lakh fine on NHAI for disclosure lapses
- Max Financial Services Q4 results: PAT plunges 96% on Covid-19 impact
- Trade setup: Nifty may see sporadic bounces, but will be shaky at higher levels
- No restriction on broker’s power of attorney: Sebi
- Crypto exchange CoinDCX raises $2.5 million in fresh funding
- Ahead of Market: 12 things that will decide stock action on Wednesday
Oil Seeds & Oils
MCX
India looks to store cheap oil in United States
India's plan could be similar to a move by Australia, which last month said it would build up an emergency oil stockpile initially by buying crude to store in the U.S. Strategic Petroleum Reserve to take advantage of low oil prices.
Seed and fertiliser companies use digital platforms to connect with farmers
The virtual interactions are not on large scale and are conducted for batches of 50-100 farmers at one time. “This is very beneficial as we are able to engage only with potential buyers,” added Pandey.
Oil falls as US-China tensions take toll
Both contracts have risen for the past four weeks, although prices are still down around 45% so far this year.
DPIIT to seek nod for startup credit scheme, seed fund
Since the launch of the Startup India initiative on January 16, 2016, the DPIIT has recognised 28,979 startups as of March 1, 2020. Of these, 27,137 startups employed around 337,000 people.
Commodity outlook: Crude oil tanks; here's how others may fare
Here is how SMC Global expects commodities to fare today.
Oil prices, gasoline demand climb as countries ease coronavirus curbs
Brent crude was up 14 cents, or 0.4%, at $36.20 a barrel by 0040 GMT, after gaining nearly 1% on Thursday. The contract is heading for a jump of more than 10% for the week.
Raghuram Rajan says migrant workers need money for vegetables, cooking oil, shelter; foodgrains not enough
India's stimulus is inadequate in providing recovery of an economy pummelled by COVID-19, Rajan said.
Unlike China, India oil demand stays weak as economy falters
India’s fuel consumption collapsed by as much as 70% at one stage last month.
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