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| Gold, silver retreat from record highs |
20-NOV-09 |
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Both the precious metals, gold and silver retreated from its overnight record highs on the bullion here today due to reduced off-take from stockists and retailers at higher levels. |
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| ICEX gets 250 members |
20-NOV-09 |
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Indian Commodity Exchange Ltd (ICEX), which will go live soon, has enlisted 250 members. |
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| NCDEX launches platinum trading |
20-NOV-09 |
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The National Commodity & Derivatives Exchange (NCDEX) today launched futures trading in platinum to widen its presence in the metal segment. |
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| Spice Finance plans to buy 15% in NMCE |
20-NOV-09 |
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The BK Modi group’s finance arm, Spice Finance, has proposed to buy a 15 per cent stake in Ahmedabad-based National-Multi Commodity Exchange (NMCE). |
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| Third quarter gold demand halves |
20-NOV-09 |
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India’s gold demand fell 49 per cent in the third quarter of the current calendar year due to high prices and a poor monsoon that hit consumer spending. |
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| Farmers upset with cane control order |
19-NOV-09 |
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The recent omission of Section 5A from the Sugarcane (Control) Order has come under severe criticism from the sugarcane growers in the country. |
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| Brokers shy away from ICEX membership |
19-NOV-09 |
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Traders and brokers seem cautious about taking membership in Indian Commodity Exchange (ICEX), the fourth commodity futures exchange, promoted by Indiabulls Financial Services and public sector MMTC. |
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| Sugarcane crushing starts in Uttar Pradesh |
18-NOV-09 |
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Even as three sugar mills have started crushing in Uttar Pradesh, the industry is hopeful of an early resolution of the cane price issue, which threatens to further advance the already delayed crushing in the state. |
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| Gold, silver hit new historic highs |
18-NOV-09 |
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Both the precious metals, gold and silver, surged to new historic peaks on the bullion market here today, triggered by a wave of buying by stockists supported by firming of prices in Nymex. |
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