Commodity Online, Hyderabad

Stories by Commodity Online, Hyderabad

Gujarat and the history of futures

Gujarat and the history of futures

Rediff.com   12 Jun 2007

Saurashtra in Gujarat boasts of being the cradle of Futures trading in India. Certainly, the Gujarati business acumen played a big role in the rise of futures trade in Saurashtra and other parts of the state.

Monsoon may be late in Mumbai

Monsoon may be late in Mumbai

Rediff.com   12 Jun 2007

Mumbai will have to wait for a few more days for monsoon showers.

Sugar body calls for export push

Sugar body calls for export push

Rediff.com   12 Jun 2007

The Indian government's decision to build 4 to 5 million tonnes of buffer stock of sugar has not gone well with the sugar industry.

Corruption rendering PDS ineffective

Corruption rendering PDS ineffective

Rediff.com   12 Jun 2007

What is ailing India's Public Distribution System (PDS)? "Corruption" is the one and only answer to that question.

Wind Power, go get it in Gujarat

Wind Power, go get it in Gujarat

Rediff.com   11 Jun 2007

With largest coastal line in the country, wind is a commodity freely available in Gujarat. And free is a word very common in the state -- in retail and wholesale.

Spices Park in Madhya Pradesh

Spices Park in Madhya Pradesh

Rediff.com   11 Jun 2007

The park, to be set up at a cost of Rs 9.95 crore (Rs 99.5 million), will provide facilities for dehydration of garlic products, coriander leaf, green chilly extracts, turmeric and other medicinal herbs.

Punjab to promote basmati contract farming

Punjab to promote basmati contract farming

Rediff.com   11 Jun 2007

The Punjab government has chalked out plans to promote contract farming of basmati and other long grain varieties of paddy, over 26,000 acres of land in 12 districts of the state.

Textile industry in doldrums

Textile industry in doldrums

Rediff.com   11 Jun 2007

Many of the spinning mills in Tamil Nadu are facing closure and several mills have curtailed production as against the usual practice of working 24/7 round the year.

No sale of Dabhol power plant

No sale of Dabhol power plant

Rediff.com   11 Jun 2007

New Delhi The government has decided not to sell the Dabhol power plant, which has been struggling thanks to huge debts it owes to the contractors.

How to minimize risk in commodity futures market

How to minimize risk in commodity futures market

Rediff.com   11 Jun 2007

Talking during the India Investment Show organised by myiris.com in association with ICICI Direct, Chiragra Chakrabarty, head of training, Research and Development, Multi Commodity Exchange, said the commodity market has huge volatility.

How India is emerging as Asian powerhouse

How India is emerging as Asian powerhouse

Rediff.com   11 Jun 2007

Minister of Commerce and Industry Kamal Nath has said that the country is an emerging Asian powerhouse, as India has recorded the fastest gross domestic product growth in 18 years.

GM unveils Optra diesel version

GM unveils Optra diesel version

Rediff.com   11 Jun 2007

Positioned in the same category as Octavia, the Optra diesel version is competitively priced in the range of Rs 8.73 lakh and Rs 9.99 lakh (ex-showroom Delhi), while the latter is being sold in the range of Rs 11.35 lakh to Rs 14 lakh.

What is Common Fund for Commodities

What is Common Fund for Commodities

Rediff.com   8 Jun 2007

The Common Fund for Commodities is an inter-governmental financial institution established within the framework of the United Nations. The fund's specific mandate is to support developing countries that are commodity dependent.

How much gold is there in the world?

How much gold is there in the world?

Rediff.com   8 Jun 2007

Gold is considered one of the most precious metals in the world; and it has been used as a symbol for purity, value and royalty. But do you know much gold is there in the world? And who owns most gold? If not, read on. . .

How India calculates inflation

How India calculates inflation

Rediff.com   7 Jun 2007

India uses the Wholesale Price Index (WPI) to calculate and then decide the inflation rate in the economy. Most developed countries use the Consumer Price Index (CPI) to calculate inflation.

Oilmeal exports decline in May

Oilmeal exports decline in May

Rediff.com   7 Jun 2007

Oilmeal export declined in May sharply, according to data compiled by the Solvent Extractors' Association of India (SEA).

Farmers should participate in futures market: FMC

Farmers should participate in futures market: FMC

Rediff.com   7 Jun 2007

Commodity markets regulator Forward Markets Commission's new chairman B C Khatua has called for the participation of farmers and non-governmental organizations (NGOs) in the futures market.

Ensure quality of wheat exports: India to US

Ensure quality of wheat exports: India to US

Rediff.com   7 Jun 2007

The Indian government has asked the United States Administration to ensure that American millers meet strict quality norms to the wheat to be imported to India.

India seeks greater agro trade with UAE

India seeks greater agro trade with UAE

Rediff.com   7 Jun 2007

India on Wednesday sought greater trade with the United Arab Emirates (UAE) in agro products.

Spot exchange starts trading in mangoes

Spot exchange starts trading in mangoes

Rediff.com   6 Jun 2007

The Safal National Exchange, an on-line spot exchange based in Bangalore has begun online spot trading in mangoes.