Commodity Online, Hyderabad

Stories by Commodity Online, Hyderabad

ISB launches new centre of excellence

ISB launches new centre of excellence

Rediff.com   22 Feb 2008

This is the fifth centre to be established at the ISB. The school has already set up four such centres in the areas of entrepreneurship, finance, logistics & manufacturing, and IT.

How the Sensex is calculated

How the Sensex is calculated

Rediff.com   21 Feb 2008

Sensex is a basket of 30 constituent stocks representing a sample of large, liquid and representative companies. The base year of Sensex is 1978-79 and the base value is 100.

How India's Budget is prepared

How India's Budget is prepared

Rediff.com   21 Feb 2008

The Budget process is a massive exercise. The exercise has different stages and each stage kicks off at a different stage of Budget making process.

Can India keep up the growth momentum?

Can India keep up the growth momentum?

Rediff.com   20 Feb 2008

The world economic scene is no longer as benign as it was in recent years, which saw many countries moving to a higher growth path in conditions of low interest rates and low inflation.

ATM: Any time milk machines!

ATM: Any time milk machines!

Rediff.com   20 Feb 2008

Come to Gujarat's Anand town, the cradle of India's White Revolution. In a first of its kind, the Amul Dairy recently began trials for milk cards on its newly-installed milk vending machine in Anand. Now you can keep one more plastic card in your wallet and buy milk at any ATMs installed by the Amul Dairy.

Tax breaks: Punjab comes under fire

Tax breaks: Punjab comes under fire

Rediff.com   20 Feb 2008

Punjab is opposing Centre's area-based tax exemption policy while the underdeveloped states are lauding it as a "well deserved" package.

Test flights make smooth landing at Hyd airport

Test flights make smooth landing at Hyd airport

Rediff.com   14 Feb 2008

Pilot DD Gandhi, who flew the Kingfisher aircraft from Mumbai's Chhatrapati Shivaji International Airport, circled thrice over the Shamshabad airport before touching the South Asia's longest runway (4,260 metres) amidst applause from the 50-odd passengers, mostly journalists besides guests and officials of the GMR group.

Site finalised for Vizag international airport

Site finalised for Vizag international airport

Rediff.com   12 Feb 2008

Governor ND Tiwari while addressing the joint session of the legislative Assembly, which commenced the 40-day annual budget sessions on Monday , said the Airports Authority of India had conducted a site location feasibility study for the international airport at Visakhapatnam and the site had been finalised near Rayavaram.

Aditya Birla Retail plans Rs 10,000 cr expansion

Aditya Birla Retail plans Rs 10,000 cr expansion

Rediff.com   4 Feb 2008

Aditya Birla Retail Limited (ABRL), the retail arm of the Aditya Birla Group, would be investing Rs 8,000 to Rs 10,000 crore (Rs 80-100 billion) in expanding its operations across the country over a period of five years.

Will gold price crash in India?

Will gold price crash in India?

Rediff.com   16 Jan 2008

Gold had hit an all-time high of Rs 11,492 on the Multi Commodity Exchange, the largest commodity bourse. The gold contract has gone up more than 7 per cent so far in 2008. Traders said the demand for gold is dull, as many people are expecting that the prices will come down.

Which is world's most expensive spice?

Which is world's most expensive spice?

Rediff.com   7 Jan 2008

It is saffron, (botanical name Crocus Sativus). Derived from the dried reddish-purple stigmas of the saffron crocus, it takes anything from 70,000 to 250,000 flowers to make one pound of saffron.

Gold: The most glamorous commodity

Gold: The most glamorous commodity

Rediff.com   5 Jan 2008

Gold has tripled in price, from $270 an ounce to over $850. Still, it may have further to go. In real terms, given the massive devaluation of the dollar since 1980, gold is relatively cheap. It's not the bargain it once was, but it could move higher.

Want to make money from rising oil prices?

Want to make money from rising oil prices?

Rediff.com   5 Jan 2008

As global tensions put pressure on the cost of crude oil, sending petrol prices above 1 a litre across the UK, This is Money investment writer Philip Scott investigates how investors can profit from rising oil prices.

Gold versus oil, metals and currencies

Gold versus oil, metals and currencies

Rediff.com   4 Jan 2008

When demand for the dollar outstrips the supply, the value of dollars goes up. But the supply of dollars has been rising steadily at an average of 10 per cent annually from less than $1 trillion in 1980 to over $12 trillion today -- and the fundamentals for gold today have much to do with the resulting drop in demand for dollars.

Shrinking dollar and surging gold

Shrinking dollar and surging gold

Rediff.com   4 Jan 2008

Want a racing certainty for the coming year? Take a look at the dollar and gold... Who can say what 2008 may bring? A post-Olympics crash in China, perhaps, tipping its near-10 per cent annual rate of expansion into an historic slump.

Energy bill gets US Congress approval

Energy bill gets US Congress approval

Rediff.com   21 Dec 2007

The bill which passed on a bipartisan vote of 314 to 100, sets higher fuel economy standards for cars and light trucks for the first time in 22 years and requires the annual production of 36 billion gallons of renewable fuels by 2022.

Indian jewellery exports to US may get hit

Indian jewellery exports to US may get hit

Rediff.com   17 Dec 2007

Several exporters in Surat said they are finding it tough to clear their stocks for Christmas as they are not in a position to contain the price rise caused by the GSP withdrawal and strengthening of rupee against dollar.

Commodity futures training now in IIM

Commodity futures training now in IIM

Rediff.com   17 Dec 2007

A press release by the IIM says that the seminar is expected to see representation from from Punjab, U.P, Maharashtra, Uttarakhand, Chhattisgarh, Orissa, Tripura, and Assam.

Rabi wheat sowing to gain momentum soon

Rabi wheat sowing to gain momentum soon

Rediff.com   17 Dec 2007

According to a Centre for Monitoring Indian Economy press note, nearly 30.6 million hectares were sown as of November 23, against 34.5 million hectares a year ago.

More commodities to figure in NCDEX Spot

More commodities to figure in NCDEX Spot

Rediff.com   17 Dec 2007

According to officials, after launching sugar successful on its electronic platform, NCDEX Spot has decided to go in for more commodities.