Commodity Online, Hyderabad

Stories by Commodity Online, Hyderabad

American economy is caught in a whirlwind

American economy is caught in a whirlwind

Rediff.com   4 Apr 2008

With Europe focusing still on price stability (i.e. inflation), the weaker economies of Europe are taking the strain as the Euro rises on the currency markets. Stronger nations like Germany are doing well internationally, so they are affected far less by a strong Euro than weaker states such as Spain, Greece and Ireland. This was reflected in the 9 per cent growth in Japanese exports last month, which saw 15 per cent growth in trade with China alone.

US unveils plans to arrest economic turmoil

US unveils plans to arrest economic turmoil

Rediff.com   1 Apr 2008

The short-term recommendations include improvements to regulatory coordination and oversight that regulators can make quickly. The blueprint recommends creating a new federal commission for mortgage origination to protect consumers better. The report also recommends modernizing the President's Working Group on Financial Markets and clarifying the Federal Reserve's liquidity provisioning.

Markets: What the stars foretell

Markets: What the stars foretell

Rediff.com   1 Apr 2008

As per financial astrology, bulls may now show their strength in stock, commodity market. Upward movement is expected to begin with Asian market followed by European and US stock markets. Therefore, investors are advised to invest in A grade stocks: metal, ifrastructure, oil and gas, telecommunications, automobile, FNGC, power. For heavy engineering, apex financial institutions, they should have 30 days' investment view.

'Bull run in commodities market will continue'

'Bull run in commodities market will continue'

Rediff.com   31 Mar 2008

Generally, it has been seen that commodity prices are driven higher by surging demand throughout the world. But the irony is that the latest surge comes amid concerns about a weaker global economy. At present, commodities prices are rising because the U.S. interest rates are falling below the rate of inflation.

Soon, blue cotton to storm the world!

Soon, blue cotton to storm the world!

Rediff.com   31 Mar 2008

Monsanto has envisaged the transfer of a gene from a blue flower to the cotton plant to produce blue cotton. Monsanto's current Blue Cotton programme is aimed at the jeans market ($10 bn in the US and 800 mn in the UK) and involves the transfer of a gene from a blue flower to the cotton plant. Coloured cotton is also being produced not only by conventional genetic selection but also by direct DNA engineering. Naturally coloured cotton is a new way to preserve the eco system.

The arithmetic of global futures trading

The arithmetic of global futures trading

Rediff.com   31 Mar 2008

The leverage of futures trading stems from the fact that only a relatively small amount of money (known as initial margin) is required to buy or sell a futures contract. On a particular day, a margin deposit of only $1,000 might enable you to buy or sell a futures contract covering $25,000 worth of soybeans. Or for $10,000, you might be able to purchase a futures contract covering common stocks worth $260,000.

Meeting water scarcity challenges

Meeting water scarcity challenges

Rediff.com   27 Mar 2008

Provision of safe drinking water is considered today as fundamental to good governance to promote good health and welfare of the people. The states strive to resolve the issue involved in making safe drinking water accessible to all and to tackle the ever increasing concerns of depletion of ground water tables and quality problems that affect its sources. Considering the magnitude of the problem, the Central Government supplements the efforts of the State Governments in this

US recession: Commodities will struggle

US recession: Commodities will struggle

Rediff.com   27 Mar 2008

Eben Esterhuizen, a financial news analyst and writer for The Panelist, asks the question of the month: is this the end of the commodity bull run? History suggests that commodity prices will move lower if the US enters a recession, and historical evidence also rejects the notion that emerging market growth will continue to support commodity prices during a US recession.

Is the bull run in commodities over?

Is the bull run in commodities over?

Rediff.com   20 Mar 2008

Is the bull market in commodities over? The 75 per cent reduction in the Federal funds rate and big rally in the stock market has some wondering if the whole cycle of monetary stimulus may be almost finished.

Textile industry to create 45 million jobs

Textile industry to create 45 million jobs

Rediff.com   20 Mar 2008

Minister of State for Textiles, E V K S Elangovan said the government expects an increase in employment of 45.19 million persons in the textile industry by the terminal year of the Eleventh Plan. Consequently, the total employment in the textile sector including allied industries is projected to increase to 105.39 million persons in 2011-12 from the present level of 88.02 million persons, resulting in a net addition of 17.37 million persons.

Will gold prices drop?

Will gold prices drop?

Rediff.com   20 Mar 2008

After a rally in gold that led to the international prices zooming to $1030 an ounce, will gold price reverse direction based on Wednesday's price level of $940?

Will edible oil export ban help rein in inflation?

Will edible oil export ban help rein in inflation?

Rediff.com   19 Mar 2008

The 'Ban Raj' is back. In an effort to rein in rising inflation, the Centre has banned export of all edible oils from the country.

APMCs helping farmers? Not really

APMCs helping farmers? Not really

Rediff.com   19 Mar 2008

A one day strike by the Agriculture Produce Marketing Committees of Gujarat on 18 March, 2008 protesting against taxing of marketing yards in the recent budget is much more than to do with any taxation. It is more to do with transparency.

When will Hyderabad Airport start operations?

When will Hyderabad Airport start operations?

Rediff.com   18 Mar 2008

GMR Hyderabad International Airport (GHIAL) has developed the Rajiv Gandhi International Airport at Shamshabad ahead of schedule, but the company officials are not in a position to tell when the new facility will commence commercial operations even three days after its inauguration.It is learnt that most of the private airlines, including domestic and international carriers, are yet to enter into an agreement with the new airport's two ground handlers.

Commodities are hot when stock market is shaky

Commodities are hot when stock market is shaky

Rediff.com   13 Mar 2008

Some of the hard and soft commodities in the resource universe are printing endless new highs, enriching producers. Analysts continue to deliver rosy forecasts and raise target prices on the commodities themselves and most of their related equities. Despite this fact, companies lower down in the food chain than the production level are not responding at all.

Commodity prices skyrocket in global market

Commodity prices skyrocket in global market

Rediff.com   13 Mar 2008

According to the WB datat, February witnessed a 40 per cent rise in coal prices and 24 per cent in rice. To add to that fuel, food, fibre, and metals saw double-digit jump in global prices. Rice went up 24 per cent due to limited export supplies, deteriorating prospects for the next crop, and the impact of higher wheat prices. Lead jumped 18 per cent on falling stocks, strong battery demand in China, and weather-related supply reductions, also in China.

Energy or pollution? The onus is on us

Energy or pollution? The onus is on us

Rediff.com   13 Mar 2008

An ongoing debate on inter-relationships among trade/investment, energy and environment, its footprints on environment and climate and quality of energy business in terms of natural environments in countries exporting environmental goods and energy services in the context of producers and consumers of a variety of energy resources viz carbon, hydrogen and renewable across the globe, including developing and transition economies, has already taken a significant shape.

After carbon credits, why not hydrogen credits?

After carbon credits, why not hydrogen credits?

Rediff.com   3 Mar 2008

When green house gas emissions began to shoot through the roof an innovative solution was found by introducing the concept of carbon credits. If you pollute you have to buy carbon credits which add to the company's operational expenses or cut emissions and create carbon credits that can be sold.

FMC opposes commodities transaction tax

FMC opposes commodities transaction tax

Rediff.com   3 Mar 2008

On Sunday, exchanges and brokers got support against CTT from the apex commodities market regulator--the Forward Markets Commission. The regulator said that it would take up the demand for CTT withdrawal with finance minister Chidambaram.

How much gold does Reserve Bank hold in India?

How much gold does Reserve Bank hold in India?

Rediff.com   3 Mar 2008

In the wake of the Chinese war, it was felt in some circles that it would be feasible to make a frontal attack on demand for gold in India. Accordingly, the Gold Control Order 1962 was issued, banning the making and selling of jewellery above 14 carats, making it compulsory for gold smiths to be licensed and submit accounts of all gold received and utilized by them etc., The measures met with lot of resistance and criticism.