16 May, 2026 | 1:53 AM
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Market/Money
Sugar export ban sparks new fears over industry-wide financial crisis
16-05-2026
India’s decision to ban sugar exports till September 30 has drawn strong criticism from sugar industry leaders, who warned that the move could sharply hurt domestic sugar prices, weaken factory finances and impact payments to farmers.
Crude oil futures jump 3% as US-Iran supply fears rise
16-05-2026
Crude oil futures surged more than 3% on Friday as escalating tensions between the US and Iran heightened fears of global supply disruptions, pushing benchmark prices sharply higher in domestic and international markets.
Govt’s `1,235 onion rate sparks massive farmer backlash
16-05-2026
The Centre’s decision to procure onions at ₹1,235 per quintal from farmers has triggered strong opposition from growers’ associations in Maharashtra, which termed the announced support price inadequate and warned of statewide protests if the rate is not revised.
Gold futures tumble 2% as dollar strengthens further
16-05-2026
Gold futures declined sharply on Friday, falling nearly 2% in domestic trade as a stronger US dollar, elevated crude oil prices and fading expectations of interest rate cuts by the US Federal Reserve weakened investor sentiment toward bullion.
Tur prices gain on strong miller demand; chana, masur steady
16-05-2026
Tur prices rose in key spot markets across the country on Friday due to increased demand from millers and expectations of tightening domestic supplies, while chana and masur traded largely steady amid subdued demand and ongoing government procurement support.
Sensex jumps 790 pts on buying in telecom and banking shares
15-05-2026
Stock markets rose for the second consecutive day on Thursday with the benchmark Sensex jumping by nearly 790 points in a volatile session, driven by value buying in telecom, pharma and private banking shares.
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