Commodity Online

Stories by Commodity Online

Egg prices hot up on winter chill

Egg prices hot up on winter chill

Rediff.com   29 Nov 2007

The winter time demand has pushed up prices of eggs in North India, especially New Delhi.

Meet held to decide EU FTA negative list

Meet held to decide EU FTA negative list

Rediff.com   29 Nov 2007

A meeting to discuss what goods should be included in the negative list of items for India-European Union Free Trade Agreement, was held here recently.

Govt mulls more sops for sugar mills

Govt mulls more sops for sugar mills

Rediff.com   29 Nov 2007

Sugar mills may get some relief from the government following a proposal to raise the interest rate subsidy on loans against excise duty paid by the mills during the last and current financial years.

Special rice for diabetes launched

Special rice for diabetes launched

Rediff.com   28 Nov 2007

Diabetic patients got a respite in Maharashtra and Gujarat when Pranav Agro industries launched its Smart Balance rice, low glycemic index health rice, on Tuesday.

Why Indians are besieged by gold

Why Indians are besieged by gold

Rediff.com   28 Nov 2007

Instead of investing all their annual savings in gold, if the people in India were to invest in more productive business assets, the country's annual GDP growth would be higher by about 0.30.4 per cent.

Reliance Power bags Krishnapatnam project

Reliance Power bags Krishnapatnam project

Rediff.com   28 Nov 2007

Anil Ambani-led Reliance Power, which emerged as the lowest bidder for the 4,000 MW ultra mega power project at Krishnapatnam, will be awarded the contract in a few days.

MCX plans futures in gold coins

MCX plans futures in gold coins

Rediff.com   28 Nov 2007

India's largest commodity bourse--the Multi Commodity Exchange of India --may soon unveil futures contract in gold coins in an attempt to tap the small retail investors across India.

India's share in processed food exports? Just 1.5%

India's share in processed food exports? Just 1.5%

Rediff.com   28 Nov 2007

What is India's share of processed food export presently in the world? It is just 1.5 percent.

Indian cement cos to be tech-savvy soon

Indian cement cos to be tech-savvy soon

Rediff.com   28 Nov 2007

The Indian government has asked the cement industry to concentrate on modernisation and upgradation of technology, optimisation of operations and increased application of automation and information technology.

New cotton futures from NCDEX on Nov 29

New cotton futures from NCDEX on Nov 29

Rediff.com   28 Nov 2007

The contract would be quoted in 20-kg lots and have a ticket size of Re 0.10. On the expiry of the contract, Shankar Kapas would be delivered from Rajkot, Kadi, Guntur and Akola.

Kisan credit cards total 66.56 mn

Kisan credit cards total 66.56 mn

Rediff.com   28 Nov 2007

Of the 66.56 million cards, co-operative banks have issued about 32.71 million cards. Regional rural banks have issued about 12 million cards while commercial banks about 25.5 million cards.

India's coal demand fuels global price rise

India's coal demand fuels global price rise

Rediff.com   27 Nov 2007

India's energy ambitions are pushing global coal prices. India's import of coal from South Africa is expected to go up big time in the coming days.

'Let FDIs take part in Futures trade'

'Let FDIs take part in Futures trade'

Rediff.com   27 Nov 2007

In a reiteration of its stand, Forward Markets Commission (FMC) chief B C Khatua said FMC is open to foreign participation in the market in a limited way and will talk to the Centre in this regard.

India's national policy for farmers

India's national policy for farmers

Rediff.com   27 Nov 2007

The policy, among other things, aims to improve the economic viability of farming by substantially improving the net income of farmers in addition to improving productivity, profitability, land, water and support services and provide appropriate price policy, risk management measures.

Gold's own country

Gold's own country

Rediff.com   26 Nov 2007

People now look for quality and purity of ornaments. They look for 916 purity and BIS hall marking. Here the large shops have an edge and variety. Large jewellery houses are now invading smaller towns and villages. For a 2,000-sq-ft showroom more than 25 salesmen would be required apart from interiors.

Gujarat polls to add glitter to diamond exports

Gujarat polls to add glitter to diamond exports

Rediff.com   26 Nov 2007

Gujarat goes to polls on December 11 and 16 and the state is witnessing big campaigns by the leading political parties. With the diamond and jewellery workers going on a holiday during Diwali and the elections coming immediately after that they may extend their holiday till December 16, last day of polls.

Handicrafts Corp begins hedging on bullion Futures

Handicrafts Corp begins hedging on bullion Futures

Rediff.com   26 Nov 2007

Another PSU has entered the arena of bullion Futures market. In a recent development, the Handicrafts & Handlooms Exports Corporation of India, a PSU under the ministry of textiles, has started hedging in bullion metals at the Multi Commodity Exchange. According to the PSU officials, it has hedged Rs 13 crore in gold and silver over the last one month.

Wanted: Gujarati acumen for commodity markets

Wanted: Gujarati acumen for commodity markets

Rediff.com   26 Nov 2007

The first thing comes to your mind is the enterprising Gujaratis. They may not be a social entrepreneur. They may not be charitable. They even may not be sympathetic. But they are cut-throat businessmen who know which situation they should be in and at what time.

Darjeeling Tea may get GI status in Europe

Darjeeling Tea may get GI status in Europe

Rediff.com   26 Nov 2007

According to Darjeeling Tea Association, in 1986 the Darjeeling logo was created and registered in the UK, the US, Japan, Canada and Egypt, and under the Madrid Agreement also covering Germany, Austria, Spain, France, Portugal, Italy, Switzerland and former Yugoslavia.

The end of oil pricing in dollar

The end of oil pricing in dollar

Rediff.com   26 Nov 2007

As it is, a great deal of oil is produced in countries with little to underpin their economies besides oil, so pricing the black stuff in an international currency makes sense, especially when that currency is that of the primary buyer of the oil concerned. It makes things simple for the buyer and lets the seller take its revenue in a major currency.