Commodity, agri-business sectors find Budget positive

The commodities and agri-business sectors have welcomed the Union Budget proposals tabled by Finance Minister Nirmala Sitharaman on Wednesday, saying they are positive.  Budget 2023-24: Big Digital Push for Agriculture The budgetary allocation in the Union Budget 2023-24 for the Ministry of Agriculture and Farmers Welfare, including Agricultural Education and Research, is about Rs 1.25 … Read more

Gold Price Outlook: Is Rs 60,000 on cards? Up over 6% this year, MCX gold futures have 20% upside

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From Budget 2023 to Fed meeting, 10 triggers that could impact movement in Sensex, Nifty on Wednesday

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Wheat prices may come down by Rs 5-6/kg: Flour millers on govt move to sell wheat in open market

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Halliburton, Schlumberger, and Other Energy Stocks Poised to Keep Growing Earnings

Oil service companies like Halliburton are expected to have strong years. Luke Sharrett/Bloomberg Text size Several energy companies are expected to post record earnings in 2022. Exxon Mobil alone is on track to make about $60 billion. But 2023 is a different story. While the setup is still very strong for most oil-and-gas companies, many … Read more

Stock Markets on Tuesday, 24 January: 10 triggers that could impact movement in Sensex, Nifty

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Gold’s Awakening May Make Investors Sleep Less Soundly

Text size Gold’s price has climbed in 10 of the past 12 weeks and is now 6.1% below its record high. David Gray/Bloomberg Golden slumbers? Hardly. The precious metal has awakened in the past three months, quietly outperforming stocks since their mid-October lows. That’s something that hasn’t happened in the half-century since the Bretton Woods … Read more

Mild weather has saved Europe this winter. Here’s what we must do to avoid future energy crises

Mild winter weather in Europe may have given skiers a challenging time on the slopes, but the rest of the continent is breathing a sigh of relief. Except for a cold snap in December, most of Europe has enjoyed unseasonably high temperatures during this winter. And with Spring now in sight, we may well avoid … Read more

Oil Prices Could Rise After Latest EU Sanctions on Russia

The European Union’s ban on seaborne imports of Russian oil, along with the Group of Seven’s plan to cap prices of oil from Russia early next month won’t guarantee that prices for the commodity will see a lasting rally, or that supplies will tighten further in the days ahead. “In isolation, the sanctions on Russia … Read more

Why It’s Time to Buy This Uranium Miner’s Stock

Heading into this past week, uranium miner Cameco was that rare stock in the market: It had posted a double-digit gain in 2022. One deal made those gains disappear—and created a buying opportunity. At first glance, there didn’t seem to be all that much that was controversial about the joint venture Cameco (ticker: CCJ) announced … Read more