Shailesh Bhatt, Commodity Online

Stories by Shailesh Bhatt, Commodity Online

MCX ties up with Chinese commodity exchange

MCX ties up with Chinese commodity exchange

Rediff.com   14 Jun 2007

India's largest commodity boursethe Multi Commodity Exchange (MCX)on Wednesday tied up with the Shanghai Futures Exchange (SHFE) of China to share knowledge and expertise for further development of their exchange ecosystems.

GM seeds to boost India's cotton output

GM seeds to boost India's cotton output

Rediff.com   14 Jun 2007

Increased use of genetically modified (GM) seeds is all set to boost the cotton output in India by almost 7 per cent in the year starting October.

Centre announces package for exporters

Centre announces package for exporters

Rediff.com   14 Jun 2007

Minister of Commerce & Industry Kamal Nath on Thursday announced a package of wide ranging measures to counter the negative impact of rupee appreciation on India's exports.

What is 'stop loss'?

What is 'stop loss'?

Rediff.com   13 Jun 2007

Stop loss is a vexatious word among traders in commodity and capital markets.

Taj Mahal launches low glycemic rice in India

Taj Mahal launches low glycemic rice in India

Rediff.com   13 Jun 2007

Eyeing diabetics and health conscious people, Taj Mahal Agro Industries Pvt Ltd recently launched a low glycemic rice brand - Moolgiri.

Shrimp exporters await WTO decision

Shrimp exporters await WTO decision

Rediff.com   13 Jun 2007

India's shrimp exporters heaved a sigh of relief last week following the decision of World Trade Organisation's anti-dumping panel to set July 24 as the deadline for the final hearing on the issue.

MCX to launch futures in raw jute

MCX to launch futures in raw jute

Rediff.com   13 Jun 2007

India's largest commodity bourse - the multi commodity exchange - will launch futures trading in raw jute soon.

Gas for fertiliser units to cost more from July

Gas for fertiliser units to cost more from July

Rediff.com   13 Jun 2007

The prices of natural gas for power and fertiliser units are likely to be raised by 12.5 per cent to Rs 3,600 per thousand cubic metres in July, according to oil secretary M.S.Srinivasan.

Futures trading in diamonds soon

Futures trading in diamonds soon

Rediff.com   13 Jun 2007

The US Commodity Futures Trading Commission is considering a proposal from the Rapaport Group to start the world's first diamond-futures contracts.

Chilli is not hot any more

Chilli is not hot any more

Rediff.com   13 Jun 2007

Chilli is no more a hot commodity following the arrival of rains and lack of demand during the monsoon season and the trend is expected to continue for another five months.

Farm prices remain stable

Farm prices remain stable

Rediff.com   12 Jun 2007

Farm commodity prices monitored by the Department of Consumer Affairs have generally remained steady or have shown mixed trend in different centers across the country in the week ending June 5.

NMCE launches new series in Soya, Guar, Chana

NMCE launches new series in Soya, Guar, Chana

Rediff.com   12 Jun 2007

The National Multi-Commodity Exchange NMCE on Tuesday launched a new series in Soya oil, Guar seed and Chana desi for futures contracts.

Fimi objects to steel firms' iron ore deals

Fimi objects to steel firms' iron ore deals

Rediff.com   12 Jun 2007

The Federation of Indian Mineral Industries has strongly objected to Indian steel companies' policy of selling surplus iron ore in the domestic market and crying for a ban on iron ore export to meet shortage of the commodity.

Oil price may surge to $80 a barrel

Oil price may surge to $80 a barrel

Rediff.com   12 Jun 2007

Oil prices this year could surge up to $80 a barrel due to the increasing demand for the gasoline and disruptions in crude supplies from Nigeria, said a senior Iranian oil official.

Gujarat and the history of futures

Gujarat and the history of futures

Rediff.com   12 Jun 2007

Saurashtra in Gujarat boasts of being the cradle of Futures trading in India. Certainly, the Gujarati business acumen played a big role in the rise of futures trade in Saurashtra and other parts of the state.

Monsoon may be late in Mumbai

Monsoon may be late in Mumbai

Rediff.com   12 Jun 2007

Mumbai will have to wait for a few more days for monsoon showers.

Sugar body calls for export push

Sugar body calls for export push

Rediff.com   12 Jun 2007

The Indian government's decision to build 4 to 5 million tonnes of buffer stock of sugar has not gone well with the sugar industry.

Corruption rendering PDS ineffective

Corruption rendering PDS ineffective

Rediff.com   12 Jun 2007

What is ailing India's Public Distribution System (PDS)? "Corruption" is the one and only answer to that question.

Wind Power, go get it in Gujarat

Wind Power, go get it in Gujarat

Rediff.com   11 Jun 2007

With largest coastal line in the country, wind is a commodity freely available in Gujarat. And free is a word very common in the state -- in retail and wholesale.

Spices Park in Madhya Pradesh

Spices Park in Madhya Pradesh

Rediff.com   11 Jun 2007

The park, to be set up at a cost of Rs 9.95 crore (Rs 99.5 million), will provide facilities for dehydration of garlic products, coriander leaf, green chilly extracts, turmeric and other medicinal herbs.