According to officials, after launching sugar successful on its electronic platform, NCDEX Spot has decided to go in for more commodities.
India's biofuel sector witnessed another boost this week with Praj Industries, the Pune-based biofuel technology company, joining an Icrisat-backed consortium to promote ethanol production from sweet sorghum.
According to agriculture department officials, the state is heading for a bumper paddy harvest despite a slight reduction in acreage compared with the previous year.
Giving a clear signal to the world that the US is all set to tap the China market, the US Department of Agriculture last week opened a new agricultural trade office in Chengdu, the capital of southwest China's province of Sichuan.
The study paper -- 'Skills Gaps in the Indian Logistics Sector' -- estimates that currently India has only some 3 million truck drivers for medium and heavy commercial vehicles. Even if 50 per cent of all drivers in India are to be trained, almost 125 institutes of the size and scale of the existing one in Namakkal will be required in the next 7-8 years, says the paper.
ICICI Venture Funds Management Co. acquired 3.55 per cent, Infrastructure Leasing & Financial Services 5 per cent and Kotak Group 1 per cent in MCX from the holding company Financial Technologies. The transaction values the company at $1.1 billion.
In talking about the market in crude oil we often looks for items, events, and structures that repeat themselves. We pin some kind of faith on them because we are unable to see the future with any real clarity. For regular readers of this column, you will realise that this is the start of an explanation as to why we predicted crude oil would be $66.60 at Christmas.
His name is Lee Lowell -- and he's one of those rare men in the investing world. He's not about flash. He doesn't drive a fancy car or wear $2,000 suits. He's not about climbing the ladder at any of those hotshot trading firms (though any firm would be glad to have him).
Fears of 'Darjeeling Tea' losing its charm have been growing for quite sometime now. Another factor added to the worries of 'Darjeeling Tea' producers was the plantations' heavy dependence on fertilisers and pesticides that were being hawked by foreign corporations. In the recent days, there is a wind of optimism blowing through the Darjeeling hills, and a growing sense that Darjeeling Tea is on its way to reclaiming its legendary status.
Will a US recession tip the entire metals complex, including Gold Prices, sharply lower in 2008...? Add the falling dollar to rosy growth forecasts from China and what do you get? If you guessed higher commodity prices, you get a gold star. Yet among the big investment institutions, there's mixed opinion about what metals prices will do in 2008.
Gold price will surge to a record high of $900/oz, driven by a weaker US dollar and economic turmoil in 2008, while a surplus in the metal will narrow by 97 tonnes, possibly dipping into a deficit, keeping prices strong, according to the VM Group/Fortis bi-annual The Yellow Book.
The two countries agree to work together on the scientific, technical, and policy aspects of biofuels development, production, and use. These areas include biomass production and sustainability, conversion technologies, bio-based products, and rural development strategies.
Worldwide food demand is growing, and continued economic growth around the world is only going to spur more and more food demand. Once you add the growth in the world population to the mix, you've got one heck of an investment opportunity cropping up (pardon the pun) in the agricultural industry.
The Cabinet Committee of Economic Affairs is all set to announce the guidelines for FDI in commodity exchanges. Following this, the Forward Markets Commission is expected to submit the proposal for ownership structure of exchanges before the Union ministry of consumer affairs.
This card is a variation of the popular Kisan Credit card.G-Card was distributed to nearly 3,500 small and marginal farmers growing ginger in the remote militant infested district of Karbi Anglong. The card has brought a lot of benefits to the farmers of the area, who often had to shell out 'revolutionary taxes' on cash transactions.
India is the largest importer and consumer of gold in the world; but gold mining remains at very low levels. The country imported an estimated 443 tonnes of gold during in the first six months of the current fiscal, valued at $5.82 billion. Faced with the low production of gold, the Indian government has asked domestic gold miners to actively explore joint venture with foreign companies to speed up exploration of the yellow metal within the country.
While initial Black Friday numbers out of the retail sector seemed promising, official November sales left much to be desired. Fifty-one percent of retailers missed projected November sales numbers. And we all know how the Street feels about missed numbers. Target got severely punished after missing its analyst-predicted mark.
A consortium of European companies has signed up an agreement with Angolan government for exploration of its gas and oil reserves. The consortium includes two Spanish (Gas Natural and Repsol YPF), and Portuguese companies (Galp Energia and EXEM), one Italian company (Eni) and Angolan state energy company, Sonangol.
India's fascinating success story in the gems and jewellery industry continues to glitter. In the last few years, there has been a massive growth in the purchasing parity of the middle class and surging income levels in India.
Soon, a new cotton future contract will be launched by the Mumbai-based Cotton Association of India.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances