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Home-Cooked Thalis Get Pricier: Non-Veg Up 9%, Veg Up 4% in July

Home-Cooked Thalis Cost More: Non-Veg Up 9%, Veg Up 4%

Home cooking costs surged in July. Vegetarian thalis rose 4% and non-vegetarian thalis jumped 9% year-on-year due to rising onion, oil, gas, and chicken prices.

A person's hands hold a gold coin over a counter with gold bars and coins, in a traditional Indian gold shop.

Bhopal Gold Prices Surge ₹160 Amid Global Market Shifts

Bhopal witnesses a ₹160 rise in gold prices on Aug 7, 2026. 24-carat gold reaches ₹1,49,810/10g, influenced by global bullion market dynamics.

Indian Equities Fall as Crude Surges Amid West Asia Tensions

Indian Stocks Dip as Crude Oil Prices Surge Amid Geopolitical Tensions

Indian equity markets, including Sensex and Nifty, fell on August 7, 2026, due to a sharp rise in crude oil prices and escalating West Asian geopolitical tensions.

An aerial view of a large LPG tanker ship docked at a port in India, connected to spherical storage tanks by pipelines.

US Dominates India’s LPG Imports at 67%, Minister Puri Confirms

US now supplies 67% of India’s LPG imports, a significant surge from 10%, confirms Union Minister Hardeep Singh Puri as India diversifies energy sources.

An Indian fuel attendant fills a white car with E20 fuel at a busy station. A petroleum tanker is in the background.

India Rejects US Ethanol Imports: Domestic Policy Drives Fuel Blending

India confirms no commitment to US ethanol imports for fuel blending, emphasizing its domestic policy governs the Ethanol Blended with Petrol Programme.

Primary Steelmakers to Sustain Rs 10,500-11,000/T Profitability in FY27: Crisil

Steel Profitability to Hold Strong: Crisil Forecasts Rs 11,000/T Profit

Crisil Ratings predicts primary steelmakers will maintain Rs 10,500-11,000/T operating profit in FY27, driven by strong demand and steel prices despite rising input costs.

Three dark industrial oil barrels stacked in the foreground. In the background, a wall of screens shows financial charts.

Asian Markets Mixed as Crude Surges; US Jobs Data Eyed

Asian stocks show mixed results amid rising Brent crude prices ($83+). Investors await key US jobs report for market direction.

Wide shot of reddish-brown earth and rock formations with sparse, dry vegetation under bright daylight.

Coal India Ventures into Iron Ore with Odisha Block Acquisition

Coal India Limited secures Gadadharpur iron ore block in Odisha, marking a strategic diversification into the iron ore sector with significant resource potential.

A stack of shiny gold bars in the foreground, with a blurred background of a modern office space with multiple digital screens.

Gold Prices Surge to 7-Week High on Weak Dollar & Yields

Gold hits a seven-week peak driven by a weaker dollar, falling Treasury yields, and anticipated softer Fed rate hikes amid easing inflation and geopolitical concerns.

Close-up of gold and silver bars on a trading desk, with financial market activity blurred in the background.

Gold, Silver Prices Dip on Profit-Booking, Stronger Dollar

Gold and silver futures reversed earlier gains on August 6 due to profit-booking and a strengthening US dollar, impacting precious metal prices.

Robotic arms sort raw minerals on a conveyor belt in a large, well-lit industrial facility with workers and machinery.

Lockheed Martin Boosts US Supply Chains for Critical Minerals

Lockheed Martin is strengthening US defense by sourcing critical minerals like scandium and germanium from North American suppliers, reducing reliance on China.

India's Fuel Demand Surges 3% in July, Led by Petrol and LPG

India Fuel Demand Rises 3% in July: Petrol & LPG Lead Growth

India’s fuel consumption surged nearly 3% in July 2026 to 19.92 million tonnes, driven by strong demand for petrol and LPG. Diesel consumption declined.

A large oil tanker sails through a narrow strait with arid landmasses on either side, and a patrol boat in the distance.

Brent Crude Surges 4% on Iran Strait of Hormuz Proposal & Yemen Clashes

Brent crude prices jumped 4% as Iran proposed restricting Strait of Hormuz transit and Yemen clashes escalated regional tensions. Learn more about the market impact.

Cummins India Beats Q1 Revenue Estimates Amid Strong Domestic Demand

Cummins India Q1 Revenue Beats Estimates on Strong Domestic Demand

Cummins India surpasses Q1 2026 revenue estimates, driven by robust domestic demand in power generation, distribution, and rail. Stock dips on margin concerns.

Global Gold ETFs See US$3 Billion Inflow, Europe Leads Rebound

Gold ETFs Attract $3B In July, Europe Leads Rebound

Global physically backed gold ETFs saw a $3 billion inflow in July, reversing outflows. Europe led the demand, driven by tech sector volatility and bargain hunting.

An Indian man in a blue shirt at a trading desk, looking at multiple monitors displaying financial charts.

Groww: India’s Top Margin-Efficient Commodity Trading Platform

Discover Groww, India’s leading platform for margin-efficient commodity derivatives trading. Optimize capital, manage positions effectively, and trade on MCX & NSE.

An Indian man in a suit stands in an office with large windows overlooking an industrial area and transparent data screens.

HDFC Nifty Metal ETF NAV Rises 1.72% – Investment Update

HDFC Nifty Metal ETF-Growth fund’s NAV surged 1.72% to 132.4958 on August 5, 2026. Managed by Arun Agarwal & Abhishek Mor, it tracks the NIFTY Metal Total Return Index.

A modern US oil drilling rig with complex pipework, actively extracting crude oil in a vast, arid landscape under clear daylight.

US Oil Output Hits Record High Amid Rig Count Drop

Despite a 40% drop in active rigs, US crude oil production nears a record 14 million barrels per day, driven by efficiency and tech advancements.

Gold bars and coins next to silver bars and coins on a display counter in an Indian market.

Gold Prices Rise on US-Iran Peace Hopes; Silver Dips

Gold prices edged up on August 6, 2026, fueled by US-Iran peace deal optimism. Silver prices declined in major Indian cities. Crude oil markets showed mixed movements.

A very large crude carrier (VLCC) oil tanker sails through calm waters with a rugged, arid coastline in the distance under clear skies.

Brent Crude Dips Below $79 on Iran-Oman Shipping Deal

Brent crude falls near $79, WTI at $75, marking an 11% weekly drop. An Iran-Oman shipping route agreement through the Strait of Hormuz is a key factor.

A financial trading floor with multiple screens displaying market data, including declining stock indices and rising gold prices.

Asian Markets Dip on US-Iran Talks; India Eyes Earnings

Asian markets, including Japan’s Nikkei, fell Thursday amid US-Iran talks. India gears up for Q1 FY27 earnings and active IPOs.

An oil tanker with a red hull and white superstructure sails through a strait with arid, mountainous coastlines in the distance.

Oil Tanker Explosions Reported in Strait of Hormuz

Oil tanker hit by two explosions in Strait of Hormuz. UKMTO confirms incident; crew and vessel safe, no environmental damage. Geopolitical tensions rise.

A medium shot of a fuel pump in India, showing digital prices for petrol and diesel, with a white car being refueled.

Fuel Prices Steady August 6: Brent Crude Near $80

Petrol and diesel prices remain stable on August 6, influenced by Brent crude hovering near $80/barrel amid US, Iran, and Oman shipping talks.

A large industrial complex featuring extensive piping, storage tanks, solar panels, and wind turbines under a clear sky.

SECI Seeks CO₂ Suppliers for India’s Green Urea & Methanol Projects

SECI is actively seeking carbon dioxide suppliers for its ambitious green urea and methanol projects, aiming to boost India’s renewable fuel production and green chemical initiatives.

A hand reaches toward gold bars and stacked coins on a wooden desk with a pen, notebook, and a blurred financial chart.

Gold Price Forecast: 6-8% Dip Before $5,500 Rally (MOFSL)

Motilal Oswal predicts a 6-8% gold correction before a rally to $5,500+ in 12-15 months. Learn their staggered accumulation strategy and domestic targets.

A man in a blue shirt sits at a desk, looking intently at a computer screen displaying commodity trading charts.

India Commodity Trading: Top Apps for Market Analysis

Discover top Indian commodity trading apps with live data & analysis tools for gold, oil, and more. Navigate markets effectively with Groww & other leading platforms.

Indian Equities Trade Mixed as RBI Holds Rate, Services PMI Dips

Indian Stocks Mixed: RBI Holds Rates, Services PMI Slips

Indian equities trade mixed as RBI maintains repo rate at 5.25%. Services PMI shows slowest growth in over 4 years in July, impacting market sentiment.

Close-up of hands holding a smartphone displaying a commodity trading app with price charts and data.

Top Commodity Trading Apps India: Gold, Silver, Energy

Discover the best commodity trading apps in India for gold, silver, and energy derivatives. Analyze key features and top platforms like Groww for informed trading.

Multi-Asset Funds See Big Growth, Outperform Nifty 50: What You Need to Know

Multi-Asset Funds Surge: Outperform Nifty 50, Diversify Your Portfolio

Discover why multi-asset funds are booming, outperforming the Nifty 50. Learn about diversification, active management, and tax implications for smarter investing.

Wall Street Soars to Record Highs on Hormuz Deal Hopes, Strong Earnings

Wall Street Hits Record Highs: Hormuz Deal Hopes, Strong Earnings Fuel Rally

Wall Street indices like S&P 500 and Dow Jones reach new all-time highs, driven by optimism for a Strait of Hormuz deal and strong corporate earnings.

    Commodities News & Market Signals – Page 18 | ThePip