Commodity Online

Stories by Commodity Online

Gujarat loses groundnut turf to South

Gujarat loses groundnut turf to South

Rediff.com   10 Jul 2007

Cotton's gain is groundnut's loss in Gujarat. While farmers are rushing to increase the acreage for Bt Cotton in Gujarat, groundnut cultivation is taking a beating in the state.

Is sugar an essential commodity?

Is sugar an essential commodity?

Rediff.com   10 Jul 2007

Is sugar an essential commodity like your daily staples of wheat, rice and pulses? Well, the sweet commodity should not be included in the list of essential commodities by the government, says a new study by consulting firm KPMG.

 'Start special schemes for wheat, rice'

'Start special schemes for wheat, rice'

Rediff.com   10 Jul 2007

Prime Minister Dr Manmohan Singh has drawn the attention of chief ministers towards the Centre's pet project of food security special programmes of wheat, rice and pulses.

Bullish mood in bullion market: Gold prices up

Bullish mood in bullion market: Gold prices up

Rediff.com   10 Jul 2007

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.

What is forex?

What is forex?

Rediff.com   9 Jul 2007

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.

Tea garden owners to discuss rehab package

Tea garden owners to discuss rehab package

Rediff.com   9 Jul 2007

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.

Sugar cooperatives on death bed in Maharashtra

Sugar cooperatives on death bed in Maharashtra

Rediff.com   9 Jul 2007

Cooperative socieites in Maharashtra are facing big problems due to the fall in sugar prices.

SBI, Hatsun ink pact for dairy farming scheme

SBI, Hatsun ink pact for dairy farming scheme

Rediff.com   9 Jul 2007

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.

Price rise fuels adulteration in chana flour

Price rise fuels adulteration in chana flour

Rediff.com   9 Jul 2007

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.

India to witness warehousing boom

India to witness warehousing boom

Rediff.com   9 Jul 2007

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.

Wheat import: Govt in a fix

Wheat import: Govt in a fix

Rediff.com   7 Jul 2007

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.

UN's carbon credit scheme draws flak

UN's carbon credit scheme draws flak

Rediff.com   7 Jul 2007

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.

Rush for bio-fuel to fuel edible oil prices

Rush for bio-fuel to fuel edible oil prices

Rediff.com   7 Jul 2007

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.

Rice prices to rise again

Rice prices to rise again

Rediff.com   7 Jul 2007

However, India's chances of benefiting from the soaring rates are low following the strengthening of rupee against dollar.

India, China to equal US jewellery market

India, China to equal US jewellery market

Rediff.com   7 Jul 2007

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.

Get Swiss gold coins from Syndicate Bank

Get Swiss gold coins from Syndicate Bank

Rediff.com   7 Jul 2007

One of India's leading banks -- Syndicate Bank -- on Friday launched an innovative project to sell gold coins exclusively imported from Switzerland.

'Indo-Pak spat not to hit Basmati exports'

'Indo-Pak spat not to hit Basmati exports'

Rediff.com   7 Jul 2007

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.

Egg exports suffer for want of trays

Egg exports suffer for want of trays

Rediff.com   6 Jul 2007

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.

Strong Rupee: Indian exports hit hard

Strong Rupee: Indian exports hit hard

Rediff.com   6 Jul 2007

Exports of textiles and jewellery from India may register negative growth this year thanks to the appreciation of Rupee against the US dollar.

MCX to start on-line spot trading in September

MCX to start on-line spot trading in September

Rediff.com   6 Jul 2007

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.