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Business News Today: Latest Business News, Finance News

Markets’ dilemma: Trust the bark or wag of oil prices The sector call illusion Bandu’s Blockbusters For April 12, 2026 Mastering Derivatives: Does Lag Impact Effectiveness Of OI? Who Am I? April 12, 2026 Index Outlook: Rising From Dire Straits US Market Outlook: Gaining Strength Bullion Cues: Gold And Silver Futures Face Barrier F&O Tracker: Tentative Shift In Trend F&O Strategy: Buy L&T Put Maruti Suzuki to launch 4 EVs by 2031 India Inc flags surge in cost of packaging raw material, seeks relief measures India-flagged LPG tanker Jag Vikram crosses Strait of Hormuz after US-Iran ceasefire Muted pricing power, rising costs to curb benefits of demand in cement sector: HDFC Securities Iran's new supreme leader Mojtaba Khamenei has severe and disfiguring wounds, sources say No road tax, registration fees for electric vehicles priced up to ₹30 lakh till March 2030: Delhi’s draft EV policy Central Railway to run four special local trains for Ambedkar Jayanti West Asia tensions push up costs for India; further impact hinges on stability: Report ED initiates fresh raids against former Bengal minister Chatterjee in teacher recruitment scam Election Commission reverses Mittal’s DVAC posting, appoints him DGP, TN Armed Police Israel and Lebanon are expected to hold talks. Here’s what to know US, Iran set for peace talks but doubts emerge over Lebanon, sanctions Cotton Association revises output estimates for 2025-26 up at 324 lakh bales of 170 kg each Orbicular gets USFDA’s tentative nod for generic Semaglutide Injection in partnership with Apotex Malls, high-streets in NCR clock 45% rise in leasing of retail spaces in Jan-Mar: C&W FIIs pull ₹28,375 crore in five sessions; domestic buyers cushion fall as indices post best week in months Nifty and Bank Nifty Prediction for the week 13 Apr’26 to 17 Apr’26 by BL GURU Proposed Trump arch in Washington DC includes winged figure, eagles, lions and gold inscriptions 'Ladakh' replaces 'Jammu and Kashmir' in Aadhaar records for UT residents Misri ends US trip with focus on civil nuclear cooperation and LPG exports
Pick of BL commodities -June 14, 2026
By Subramani Ra Mancombu · 2026-06-13 · via Business News Today: Latest Business News, Finance News
SENSEX   75,527.95

+ 1,695.40

NIFTY   23,622.90

+ 461.30

CRUDEOIL   8,084.00

 -260.00

GOLD   150,650.00

+ 1,718.00

SILVER   246,714.00

+ 7,061.00

SENSEX   75,527.95

+ 1,695.40

NIFTY   23,622.90

+ 461.30

NIFTY   23,622.90

+ 461.30

CRUDEOIL   8,084.00

 -260.00

CRUDEOIL   8,084.00

 -260.00

GOLD   150,650.00

+ 1,718.00

Gold has lost all the gains it made this year, while outflows from physically-backed gold exchange-traded funds continued for the fourth week in a row. India’s monsoon will likely get a helping hand from a positive Indian Ocean Dipole that could develop by August, and El Nino which was declared to have set in this week, could turn into a Super El Nino by winter. Storage in Indian major reservoirs has dropped to 28% of the capacity. China has turned up the heat on Indian chilli, and India may increase its urea imports as fertilizer prices have crashed in global markets. 

Updated - June 14, 2026 at 11:00 AM.

1. Gold dropped below $4,300 an ounce, while silver, platinum and palladium followed the downtrend as the precious metals complex pared all the gains made this year. Investments in physically-based gold exchange-traded funds (ETFs) were negative last week, making net inflows negative for the fourth week in a row.

Read more here.

Read more here.

2. Sea surface temperatures (SSTs) crossed the drought-bearing El Nino threshold of +0.80°C as of June 7, while the Indian Ocean Dipole (IOD) could turn positive during August-September, boosting the prospects of the South-West monsoon, Australia’s Bureau of Meteorology (BoM) has said. Drought-bearing El Nino has set in, while a positive IOD will emerge by July (boreal summer), the Japanese weather agency JAMSTEC has said.  El Nino has a 60 per cent chance of becoming a Super El Nino, the National Weather Service has said. 

Read more here.

Read more here.

Read more here.

3. Hardly one in four major Indian reservoirs was filled to half, with no reservoir having storage above 90 per cent this week. The development comes on the heels of storage in the 166 major reservoirs dropping to 28 per cent of the 183.565 billion cubic metres (BCM) capacity at  51.917 BCM.

Read more here.

4. China has rejected at least three consignments of dried chilli and has suspended three Indian exporters over the alleged presence of methamidophos residues in the spice. 

Read more here.

5. Following significantly lower-than-expected bids for National Fertilizer Ltd (NFL)’s recent 17-lakh-tonne (lt) urea import tender, the Indian government is reportedly weighing plans to increase its purchase volume, provided suppliers match the current rates. Opened on June 8, the latest tender prices have plunged over 50% compared to Indian Potash’s (IPL) previous round. 

Read more here.

Published on June 14, 2026

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