Groundnuts Gujarat's expected to increase by 11.5%.

Despite a decline in area, Gujarat’s peanut crop is expected to increase by 11.5%.

Gujarat is predicted to harvest 33.45 lakh tonnes (lt) of groundnuts in the Kharif season, up from 30 at the year before, representing an 11.50 percent increase. However, the Solvent Extractors’ Association of India (SEA) conducted the Groundnut Kharif Crop Survey 2023, which shows that Gujarat’s groundnut acreage has decreased by 74,000 hectares (4.33 percent)….

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Indian stock market is declining today, from the Nifty 50 to Sensex.

Six explanations are given as to why the Indian stock market is declining today, from the Nifty 50 to the Sensex.

The Indian stock market started out strong today, but profit-taking at higher levels caused Dalal Street to turn negative by lunchtime. In reality, Wednesday’s trading saw a strong sell-off in the broad market and all three major benchmark indices. Today, the BSE Sensex opened higher at 64,619 and increased to an intraday high of 64,787….

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Today's gold rate on the MCX is at a four-month high

Today’s gold rate on the MCX is at a four-month high; Israel-Gaza war concerns give way to the US Fed’s rate-pause suggestion, and the US dollar falls.

Today’s gold rate: Due to a drop in the US dollar after US Fed Chairman Jerome Powell hinted at a rate hike, gold prices rose today to a six-month high on the Multi Commodity Exchange (MCX). Today’s MCX gold rate for the December 2023 expiry opened higher at 60,401 per 10 gm levels and rose…

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Stranded in a war zone: Travel insurance covers hospitalization but not evacuation to India.

Stranded in a war zone: Travel insurance covers hospitalization but not evacuation to India.

Stranded in a war zone: War and war-like scenarios are exclusions – that is, expenses that insurance plans would not cover – and, in any event, only government-operated evacuation flights are likely to be permitted to operate under such conditions, according to insurers. The growing conflict in the Middle East between Israel and the Palestinian…

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Oil prices rise ahead of Biden's visit to Israel as traders.

Brent is at $90 per barrel as oil prices rise ahead of Biden’s visit to Israel as traders wait for a break in the escalation of war.

Tuesday, October 17, saw a little increase in oil prices ahead of US President Joe Biden’s trip to the Middle East, which is anticipated to involve juggling support for Israel with efforts to stop any regional escalation of its conflict with Hamas. Tomorrow’s visit by Biden to Israel will aim to strike a balance between…

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