Commodity Online, Kolkata

Stories by Commodity Online, Kolkata

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.

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.

IIM-A, IIM-C hike fees; others may follow suit

IIM-A, IIM-C hike fees; others may follow suit

Rediff.com   28 Feb 2008

IIM C and IIM A have hiked their fees for post graduate programme by Rs 1 lakh.

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.

PSU banks cut home loan rates

PSU banks cut home loan rates

Rediff.com   6 Feb 2008

Public sector lenders Canara Bank, Corporation Bank and Allahabad Bank have decided to lower interest rates on housing loans, preferring to keep their prime lending rates (PLRs) unchanged. ICICI Bank Managing Director and Chief Executive Officer K V Kamath has indicated that the country's second largest bank would review interest rates only in 2008-09.