Commodity Online, Mumbai

Stories by Commodity Online, Mumbai

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.

Indian investment zooms in Brazil

Indian investment zooms in Brazil

Rediff.com   6 Jun 2007

Brazil has emerged as India's largest trading partner in Latin America with bilateral trade crossing the record $ 2 billion mark in 2006

India to export raw sugar to Dubai

India to export raw sugar to Dubai

Rediff.com   6 Jun 2007

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.

'Bright prospects for futures market'

'Bright prospects for futures market'

Rediff.com   6 Jun 2007

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.

Thirst for probiotic drinks rising in India

Thirst for probiotic drinks rising in India

Rediff.com   6 Jun 2007

As India's younger generation becomes more and more health conscious, consumption of healthy drinks particularly probiotic products are growing rapidly.

'Rubber' fencing on Indo-Bangla border

'Rubber' fencing on Indo-Bangla border

Rediff.com   6 Jun 2007

Soon, rubber fencing might come up along the Indo-Bangladesh border.

Spices board to launch retail business

Spices board to launch retail business

Rediff.com   6 Jun 2007

India's spices board has decided to float a new company to market spices across the country and abroad.

Uncertainty dogs gold hallmarking

Uncertainty dogs gold hallmarking

Rediff.com   6 Jun 2007

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 and its impact on India

Climate change and its impact on India

Rediff.com   5 Jun 2007

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.

'Melting Ice: A Hot Topic'

'Melting Ice: A Hot Topic'

Rediff.com   4 Jun 2007

Countires across the globe celebrate World Environment Day on June 5. And the theme this year is 'Melting Ice a Hot Topic.'

India eyes sugar export to EU

India eyes sugar export to EU

Rediff.com   4 Jun 2007

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 to go up

India's cotton production to go up

Rediff.com   2 Jun 2007

India's cotton production in 2007-08 is set to go up thanks to the rising use of genetically modified seeds of the crop.

Edible oil futures prices go up

Edible oil futures prices go up

Rediff.com   2 Jun 2007

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.