The state-run oil company's Research and Development Centre singed an agreement with the National Centre for Catalysis Research of IIT Madras for the joint program on Monday.
S&P Rating Services report said oil and gas companies would hold steady through 2007. However, there is a chance that the turmoil in the credit market may negatively affect ratings down the line.
In a recent move, the Animal Bio-security of Australia has issued strict guidelines for import of prawns from other nations.
Glendale Tea estate at Coonoor in Tamil Nadu says the black tea it has made is of SFTGFOP (Super-Fine Tippy Golden Flowery Orange Pekoe) grade and fetches a price of $600 for a kilo.
The report from the United Nations Conference on Trade and Development said that commodity exchanges in India and China are becoming major players in global markets.
At a time when all edible oils are being dumped by health conscious consumers, fearing cholesterol-related problems, experts have batted for coconut oil.
For the first time, a Gujarat-based company has announced plans to set up a commodity-specific SEZ. And the main commodity that will occupy the centre-stage of SEZ will be cotton.
Following good demand from domestic sector, cement shipments have come down by almost 30 per cent this year.
Rice processor REI Agro entered retail sector in Punjab region announcing to launch 50 more stores in the region with an investment of some 50 crore (Rs 500 million)in a year.
Although domestic cotton production in 2007-08 is expected to be good, global productions are predicted to fall.
The Communist Party of India Marxists said that Reliance gas pricing was 'artificially inflated.'
Experts at the seminar ruled out the possibility of coconut causing increased risk of heart ailments.
Brazil, Russia, India and China - popularly known as the BRIC nations - continue to be the hottest destinations for global investors, a new report from consulting firm Grant Thornton said on Wednesday
Derivatives are financial instruments that are derived from an underlying asset's value
In fact, a cotton futures exchange was started in Bombay (now Mumbai) in 1875.
Soon, traders in India could play in the global agri futures market. India's commodity exchanges have asked the market regulator, Forward Market Commission, to permit evening trading in internationally linked agri commodities.
In a giant move, the Kanan Devan Hills Plantations company has decided to invest Rs 375 crore (Rs 3.75 billion) in Ethiopia to develop 10,000 hectares of tea plantation.
The Indian government is on a wheat buying mission. Officials said India will buy a record amount of the commodity to increase stockpiles even as the world price of wheat has skyrocketed.
In a step to study the functioning of regional exchanges and recommend measures to strengthen them, Commodity market regulator Forward Markets Commission has constituted a task force.
Despite the enormous commodity potential in developing countries, agricultural finance has been decreasing steadily over the past 20 years
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