Nirendra Dev, Commodity Online

Stories by Nirendra Dev, Commodity Online

Peanuts, potatoes facing extinction?

Peanuts, potatoes facing extinction?

Rediff.com   23 May 2007

A new study on global warming says massive atmospheric changes may drive many varieties of plants and crops, including potatoes and peanuts, to extinction by 2050.

ONGC to bid for Azerbaijan refinery

ONGC to bid for Azerbaijan refinery

Rediff.com   23 May 2007

ONGC Videsh Ltd, the overseas arm of state-run Oil and Natural Gas Corporation (ONGC), is getting ready to bid for an oil field in Azerbaijan.

Mango, new mantra of India-Japan trade

Mango, new mantra of India-Japan trade

Rediff.com   23 May 2007

Mango has become the new mantra of trade between India and Japan after the successful export of mangos from India.

National plan to boost agri growth soon

National plan to boost agri growth soon

Rediff.com   23 May 2007

The Indian government would unveil a major initiative in the next 10 days to enhance the total public investment in agriculture and push the rural growth to greater levels.

Good times ahead for gold investors

Good times ahead for gold investors

Rediff.com   23 May 2007

A report from the World Gold Council says that rising demand for luxury goods from India and China may drive the gold prices to a new peak in the next year.

Weak dollar: Exporters may switch to euro

Weak dollar: Exporters may switch to euro

Rediff.com   22 May 2007

India's exporters are looking out for Euro-dominated trade opportunities due to strengthening of rupee and pressure on profit margins, according to a survey by the Federation of Indian Chamber of Commerce and Industry (FICCI).

FDI norms for Comex ready, Cabinet to approve

FDI norms for Comex ready, Cabinet to approve

Rediff.com   22 May 2007

The Union ministry of consumer affairs has given the finishing touches to the policy framework to allow foreign direct investment and foreign institutional investment in India's national commodity exchanges.

Coir Board ropes in more export destinations

Coir Board ropes in more export destinations

Rediff.com   22 May 2007

The success story of coir continued this year also with the commodity registering a record export target.

Huge potential for biodiesel energy

Huge potential for biodiesel energy

Rediff.com   22 May 2007

A CII-Rabobank report on biodiesel development says biodiesel as an alternative source of energy holds a significant potential for India in the agriculture sector.

Steel industry wants cap on iron ore exports

Steel industry wants cap on iron ore exports

Rediff.com   22 May 2007

Steel industry will press the government for a cap on iron ore exports at 90 million tonne a year, forced by the unavailability of iron ore in the country.

NBHC-Bank of India tie up for warehouse finance

NBHC-Bank of India tie up for warehouse finance

Rediff.com   22 May 2007

The National Bulk Handling Corporation Ltd (NBHC) on Monday signed a memorandum of understanding with Bank of India to work together in the area of warehouse-based receipt financing.

How commodity futures market was born in India

How commodity futures market was born in India

Rediff.com   22 May 2007

Commodity futures trading is emerging as a booming investment destination. Here is how the futures market evolved in India over the years.

Testing of seeds to be made compulsory

Testing of seeds to be made compulsory

Rediff.com   21 May 2007

The Indian government is planning to make testing of seeds compulsory for private seed makers like Monsanto, Bayer and Novartis in the country.

Oilseeds production to go up

Oilseeds production to go up

Rediff.com   21 May 2007

Oilseeds production in India is going to move up. A new report says oilseeds growth in the country will be 16 per cent higher at 26.9 million tonnes during the fiscal as against 23.3 million tonnes produce in 2006-07.

NMCE to launch turmeric futures

NMCE to launch turmeric futures

Rediff.com   21 May 2007

The National Multi Commodity Exchange is planning to launch turmeric futures of Erode variety soon.

India has 111 Bt cotton hybrids

India has 111 Bt cotton hybrids

Rediff.com   21 May 2007

Cotton farmers in India are going to get a bountiful of hybrids to select from this year onwards.

High margins on pepper to go

High margins on pepper to go

Rediff.com   21 May 2007

The higher margins imposed on pepper in the wake of volatiluity in the commodity's prices by the Forward Markets Commission is likely to reduced soon.

FMC to tie up with global commodity regulators

FMC to tie up with global commodity regulators

Rediff.com   21 May 2007

The Forward Markets Commission, the apex commodity futures regulator in India, plans to collaborate with commodity organizations in other countries to strengthen its regulatory arm.

Bengal to launch crop diversification plan

Bengal to launch crop diversification plan

Rediff.com   21 May 2007

The West Bengal government is chalking out a new plan to set right the serious agricultural imbalance that the state faces.

Typhoon may delay monsoon

Typhoon may delay monsoon

Rediff.com   19 May 2007

According to various meteorological reports from different countries, a raging typhoon in the West Pacific has apportioned a part of the southwesterly flow to itself, denying the Arabian Sea required moisture to flag off the monsoon in Kerala.