Bullion dealers said higher overseas market advices have led traders to stock more gold, leading the metal to end Rs 5 higher at Rs 8,725 per ten gram.
Since the introduction of exchange traded forex futures contract in 1972 at the Chicago Mercantile Exchange, the ever increasing transaction volume and participation has established the popularity of Forex in the world.
The first meeting with the owners and bankers was held in Kolkata on Saturday for the closed gardens in West Bengal and Assam. The rehabilitation package was approved by the commerce ministry recently.
Cooperative socieites in Maharashtra are facing big problems due to the fall in sugar prices.
The agreement provides for the bank to extend over Rs 58 crore (Rs 580 million) in loans, initially, to dairy farmers identified by Hatsun Agro.
Latest market reports say that soaring cost of chana is forcing manufacturers of besan to add cheaper white matar in chana flour to make besan.
Warehouse companies in India are increasing capacity thanks to huge demand for various agricultural products because of the increasing delivery system in futures market and the retail boom that is taking place across the country.
The Central government is in a piquant situation now as far as wheat import is concerned. The government wants the bidders for the 1 million tonne wheat import contract to reduce their prices for the bid.
Even as developing nations gear up for a big boom in carbon market, several projects registered with the UN carbon market regulator have drawn flak from various quarters.
Global warming threat has forced all developing nations to go for bio-fuel in a big way. The case of India is also not different.
However, India's chances of benefiting from the soaring rates are low following the strengthening of rupee against dollar.
India and China are together expected to equal world's largest jewellery market, the United States, by 2015 when the global gems and jewellery trade is expected to touch $230 billion, states a new industry report.
One of India's leading banks -- Syndicate Bank -- on Friday launched an innovative project to sell gold coins exclusively imported from Switzerland.
The ongoing tussle between Indian and Pakistan over patenting of super Basmati rice will, in no way, will not hamper India's export potential, said Veetee Fine Foods Ltd CEO Aayushman Gupta in Kolkata.
Shortage in paper trays is halting export of eggs from India. According to All India Poultry Products Exporters Association, there is a dearth of specially made, water-proof, chemically treated paper trays.
Exports of textiles and jewellery from India may register negative growth this year thanks to the appreciation of Rupee against the US dollar.
The exchange also plans to start Futures trading in electricity, carbon credit, coal, freight index, weather index, real estate index and rain index after the amendment to the Futures Contracts Regulation Act is passed by the Parliament.
Microsoft chairman Bill Gates has offered to set up high tech agro kiosks across Maharasthra to help farmers get information on weather and cropping patterns.
Pakistan is planning to take legal action against the Indian government for illegally announcing Super Basmati rice as an Indian product.
It is estimated that somewhere between 18 and 20 billion 6 oz. cups of tea are drunk daily on our planet.
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