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.
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. . .
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 export declined in May sharply, according to data compiled by the Solvent Extractors' Association of India (SEA).
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.
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 on Wednesday sought greater trade with the United Arab Emirates (UAE) in agro products.
The Safal National Exchange, an on-line spot exchange based in Bangalore has begun online spot trading in mangoes.
Brazil has emerged as India's largest trading partner in Latin America with bilateral trade crossing the record $ 2 billion mark in 2006
India is all set to export raw sugar for the first time. The Indian Sugar Exim Corporation has signed a deal with Al Khaleej refinery of Dubai to export raw sugar.
The newly appointed chairman of the Forward Markets Commission says futures market is in for a healthy growth in India and existing powers of the apex commodities regulator can be effectively used to regulate commodity markets.
As India's younger generation becomes more and more health conscious, consumption of healthy drinks particularly probiotic products are growing rapidly.
Soon, rubber fencing might come up along the Indo-Bangladesh border.
India's spices board has decided to float a new company to market spices across the country and abroad.
The government's move to make hallmarking for gold mandatory from January 1, 2008 has got into bottlenecks thanks to lukewarm response from jewelers across the country.
Climate change will make monsoons unpredictable; as a result, rain-fed wheat cultivation in South Asia will suffer in a big way and the total cereal production will go down.
Countires across the globe celebrate World Environment Day on June 5. And the theme this year is 'Melting Ice a Hot Topic.'
Falling sugar production in the European countries would provide an excellent opportunity for Indian sugar exports to the European Union market, says a top government official.
India's cotton production in 2007-08 is set to go up thanks to the rising use of genetically modified seeds of the crop.
Prices of refined soya oil and edible oil seeds have gone up on India's commodity exchanges thanks to strong movement in edible oil future prices in the international market.