Commodity Online, Ahmedabad

Stories by Commodity Online, Ahmedabad

More villages seek dues for 'Nano' land

More villages seek dues for 'Nano' land

Rediff.com   15 Oct 2008

The farmers of Khoda and Bol village on Tuesday claimed that a large portion of the proposed 1100 acre for Nano is their ancestral property and the land was given for the cattle farm which falls under Anand Agriculture University. The state government has given half of the 2200 acres of land to the Tatas.

Reliance zeroes in on Gujarat for Fab City project

Reliance zeroes in on Gujarat for Fab City project

Rediff.com   29 Sep 2008

While the exact investment for the project, which is likely to come up in Jamnagar is not known, senior government officials say the company is looking to ink an agreement during the upcoming Vibrant Gujarat Global Investors Summit, to be held in January next year.

Guj may get miser with incentives

Guj may get miser with incentives

Rediff.com   24 Sep 2008

The new industrial policy, which may come into effect from October this year, may not offer large incentives. The Gujarat Chief Minister Narendra Modi is learnt to have told officials at the last review meeting that the new industrial policy will not offer large incentives.

ValueFirst pushes marketing via bluetooth

ValueFirst pushes marketing via bluetooth

Rediff.com   4 Sep 2008

"A small hardware placed at the location will ensure that 100 metres around the area becomes the bluetooth hotspot, where people get an alert about promotional offers in the surrounding retail environment. The applications could be audio or video images, which can be downloaded and shown at the counter to avail of the discounts claimed by the message," says Gautam Jayaraman, head of sales at Value First.

ONGC gas marketing: GAIL plans takeover

ONGC gas marketing: GAIL plans takeover

Rediff.com   16 Aug 2008

ONGC currently supplies gas directly in isolated pockets of India, mainly in Gujarat and Assam, which contributes around Rs 100 crore (Rs 1 billion) to ONGC's total marketing revenues. In May 1992, gas pipelines and marketing functions related to natural gas were transferred by ONGC to GAIL. However, there are certain isolated pockets where ONGC continues to be the marketing agency.

Anil Ambani group mulls foray into solar energy

Anil Ambani group mulls foray into solar energy

Rediff.com   28 Jul 2008

ADAG slots Rs 1,200 cr for wind power plants

Guj co-op banks hike salaries

Guj co-op banks hike salaries

Rediff.com   15 Jul 2008

Gujarat State Co-operative Bank, the apex co-op bank in Gujarat, has already hiked salaries by 16 per cent, said Shailesh Shah, General Secreatary, Gujarat State Co-operative Banks' Employees' Federation. The bank has a workforce of 237 employees. Ahmedabad Co-operative Bank too has given Rs 1600 hike to their employees.

Ahmedabad co to start <I>gol gappa</I> chain

Ahmedabad co to start gol gappa chain

Rediff.com   15 Jul 2008

The chain 'NRI Panipuri' will have around 500 small franchisee outlets in the city over the next one year. After Ahmedabad, the group will enter centres like Vadodara, Rajkot, Mehsana and Bhavnagar.

Now, buy bio-diesel at Rs 38.90/ltr

Now, buy bio-diesel at Rs 38.90/ltr

Rediff.com   2 Jul 2008

Aditya Aromedic and Bio Energy Pvt Ltd has recently started commercial production of bio-diesel from Jatropha. The good news is that bio-diesel marketed by the company is cheaper than the fossil diesel sold by oil marketing companies in the country.

Poverty: Politics should interact with policy

Poverty: Politics should interact with policy

Rediff.com   26 Jun 2008

Redistribution of economic and political power, inclusion of rural areas and the rural poor in development, enhancing access to resources and employment in rural areas, focus on non-farm rural activities, education and training activities and agrarian reform continue to be important areas for public policy. In Asia in general, and in India in particular, poverty has a rural face. Rural development and poverty alleviation are thus two sides of the same coin.

Who sets global crude oil prices?

Who sets global crude oil prices?

Rediff.com   12 Jun 2008

OPEC does not set global oil price

Gold? 10 things you MUST know

Gold? 10 things you MUST know

Rediff.com   7 Jun 2008

Why is gold attracting people? And why is it that people love to invest in gold?

Is futures trading a form of gambling?

Is futures trading a form of gambling?

Rediff.com   3 Jun 2008

Trading in commodity futures -- basically an arena of stock market players -- may have started with economic objectives such as price discovery and price risk management, but, of late, has become an important part of investment portfolio promising quick and attractive returns. In fact, stock marketing and futures trading are the main instruments of speculation in the capitalist economy in which the capital is invested and reinvested with a sole purpose of making a profit.

Global warming: Make sun the first accused!

Global warming: Make sun the first accused!

Rediff.com   3 Jun 2008

Brian Bloom, the author of Beyond Neanderthal, which looks broadly at the causes and impact of climate change, says that it could be a mistaken premise. C02 emissions may be exacerbating the global rise in temperatures rather than causing it.

China commodity futures grows 88%, India's 10%

China commodity futures grows 88%, India's 10%

Rediff.com   2 Jun 2008

China trading volumes rose due to active trading of farm products, including sugar, soybean, corn, zinc. Trading volume hit 5 trillion yuan ($714 billion), representing an increase of 88 per cent over the same period last year, according to figures released here by the China Futures Association.

Big players plan commodity exchanges in India

Big players plan commodity exchanges in India

Rediff.com   2 Jun 2008

The Indian government recently had banned futures trading in a few commodities. But this has not dampened major companies to eye futures trading in commodities. Last week, government permitted companies with an initial capital of Rs 100 crore (Rs 1 billion) to set up commodity exchanges. Top officials in the Anil Dhirubhai Ambani Group and Kotak Mahindra said that they are planning to set up commodity exchanges.

Textiles: A decisive part of Indian economy

Textiles: A decisive part of Indian economy

Rediff.com   2 Jun 2008

In the face of testing global conditions, the Ministry of Textiles has stayed the course by introducing timely policy changes and innovative programmes aimed at spurring growth and development across the organised and unorganised sectors of the industry.

Jatropha makes this man do anything at any cost

Jatropha makes this man do anything at any cost

Rediff.com   26 May 2008

Banks denied him funding, the red-tapism and bureaucracy was also of no help. That did not discourage Akshay Vir Singh Tyagi from venturing into Jatropha cultivation seeing the huge potential for biofuels in the coming years. He has already promoted Jatropha cultivation in 5,500 acres of land in Uttar Pradesh and is aiming high. Tyagi already has invitation to set up projects in Maharashtra.

Needed: Another OPEC to solve oil crisis

Needed: Another OPEC to solve oil crisis

Rediff.com   24 May 2008

Here is an astonishing fact: on December 10 1998, the spot price for a barrel of West Texas Intermediate crude was exactly $10 and ninety eight cents. Nearly 10 years and one thousand and sixty two per cent later, it is time to ask some impolite questions about oil. Impolite questions are not always obvious questions, though.

Why you should not swim with gold jewels on

Why you should not swim with gold jewels on

Rediff.com   24 May 2008

The pure gold is alloyed with silver, copper and various to make it suitably hard for jewelery making. The percentage of pure gold is denoted by its carat (k) weight. Pure gold is 24k (ie.100per cent gold), the other common alloy carat weights are 22k, 18k, 14k, 10k and 9k. 9k gold is the hardest alloy. In addition to yellow gold, white gold and rose gold are also popular options. You can also find many two-tone styles, if you prefer a mix of colours.