OPEC+ raises output quotas by 206,000 bpd from May; warns on supply risks due to Middle East war

OPEC+ raises output quotas by 206,000 bpd from May; warns on supply risks due to Middle East war

OPEC+ on Sunday agreed to increase oil production quotas for the second consecutive month, while cautioning that damage to energy infrastructure amid ongoing conflicts could disrupt global supplies for an extended period, AFP reported.The oil cartel decided to raise output quotas by 206,000 barrels per day (bpd) from May, with key producers including Russia, Saudi…

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Amul turnover up 11%, crosses ₹1 lakh crore in 2025-26: GCMMF| Business News

Amul turnover up 11%, crosses ₹1 lakh crore in 2025-26: GCMMF| Business News

The Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets the popular Amul brand of milk and dairy products, on Sunday said the brand’s turnover crossed ₹1 lakh crore for the financial year 2025–26, marking a major financial milestone for the farmer-owned cooperative network. GCMMF said the financial milestone came after Amul was ranked the world’s…

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Gold imports jump to $69 billion in Apr-Feb FY26; trade deficit widens

Gold imports jump to $69 billion in Apr-Feb FY26; trade deficit widens

India’s gold imports rose 28.73% to $69 billion during April-February 2025-26, driven by elevated prices of the precious metal, according to Commerce Ministry data cited by PTI.Gold imports had stood at $53.52 billion in the corresponding period of 2024-25.The sharp rise in imports contributed to a widening trade deficit, which increased to $310.60 billion in…

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Gold, silver rate outlook: Prices seen range-bound; Middle East tensions, US data in focus

Gold, silver rate outlook: Prices seen range-bound; Middle East tensions, US data in focus

Gold and silver are likely to trade in a range with a positive bias in the coming week as investors track geopolitical developments in West Asia and key global macroeconomic data, analysts said, according to PTI.Market participants will also watch the Reserve Bank of India’s monetary policy decision due mid-week for further cues.“Going into the…

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Stock markets outlook: Dalal Street braces for swings as RBI MPC decision, war risks weigh on sentiment--Check key triggers

Stock markets outlook: Dalal Street braces for swings as RBI MPC decision, war risks weigh on sentiment–Check key triggers

Domestic equities are expected to remain volatile this week as investors track the Reserve Bank’s monetary policy decision, global macroeconomic cues and evolving developments in the West Asia conflict, analysts said, according to PTI.Market participants will also keep a close watch on crude oil price movements and foreign fund flows, which continue to influence sentiment.Vinod…

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India Television Market: Middle East tensions to hit TV sales? Industry braces for decline as production costs rise

India Television Market: Middle East tensions to hit TV sales? Industry braces for decline as production costs rise

India’s television market is headed for new challenges as manufacturers face rising input costs and shifting consumer demand patterns that are beginning to affect sales momentum. Industry players are facing a sharp escalation in the cost of key components such as memory chips (RAM), alongside higher plastics prices and increased ocean freight charges. These freight…

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