The growth in the domestic demand of bivoltine silk (Chinese silk) has led to its large-scale production here in India.


Growth in domestic production of Chinese silk

Business Standard

The annual market for country-tobacco crop in coastal Andhra, which used to be Rs 100 crore till 1999, has now shrunk by almost 50 per cent. 


Country-tobacco sees market shrink by half

Notwithstanding a 10 per cent shortfall in jaggery arrivals, the Anakapalli jaggery market  the second largest jaggery market in the country  recorded a sales turnover increase of 25 per cent during

Anakapalli jaggery market sees sales turnover up 25%

The National Commodity and Derivatives Exchange Thursday said it has decided to move to the second level of oversight, from oversight of its members to oversight of their clients. This has become

NCDEX to scan client trades

The Jute Manufacturers Development Council (JMDC) has appointed PricewaterhouseCoopers (PwC) to do a lifecycle analysis of jute.


PwC to conduct jute sector survey

With fiscal 2005 expected to report 6.5-7 per cent growth in GDP, domestic demand for aluminium would increase, according to a research report by ICRA. Thus, the outlook for aluminium was positive for

Banking on sustained growth

The cotton crop in India is estimated to be robust for the second year in a row, according to information from the Cotton Advisory Board (CAB). Cotton production is estimated to be 213 lakh bales in

Cotton board sees record production

Domestic gold and silver prices rallied after three weeks of dull trade fuelled by improved international prices and approach of the festival season. Stockists, jewellery makers and industrial users

Mild rally in bullion

International sugar prices, which have risen by about 30 per cent between January and August this year, are projected to remain firm through the 2004-05 season. However, the uptrend in prices is

Sugar may cool off in a few months

The National Cooperative Agricultural Marketing Federation (Nafed) exported agro-goods worth Rs 561 crore in 2002-03, against Rs 345 crore in the previous year. 


Nafed exports soar to Rs 561cr in 2002-03

The global outlook for oil and oilseed production is bearish in the next year following an expected lower crop in the largest producing countries, Brazil and Argentina, coupled with depleting oil

Oilseeds crop to fall short in 2005

The Multi Commodity Exchange of India (MCX) has tied up with Bharat Sanchar Nigam Limited (BSNL), to offer nationwide leased line network to exchange members for quick and real time sharing of

MCX taps BSNL for network backbone

The stocks of companies engaged in the cotton textiles and yarn spinning business have gained in the last three months on the Bombay Stock Exchange (BSE). 


Spinning wealth

Duty entitlement pass book (DEPB) rates of a number of commodities have been slashed by significant margins by a recent notification of the Directorate General of Foreign Trade (DGFT). 


DEPB rate cut to hurt exports

The textile industry would have to improve its efficiency and productivity but the investment requirements for bringing the sector up to global standards have been estimated at Rs 1,40,000 crore

Textile industry modernisation gets off to slow start

The steel industry sees a huge surge in demand for steel from the construction segment.


Core sector boom to fuel steel demand

In its endeavour to offer value added services to its members, NCDEX has arranged with Punjab National Bank (PNB) to finance the exchanges trading and clearing members. 


NCDEX-PNB deal on client financing

The area this rabi season under oilseeds has witnessed a marginal increase of 2% to 90.94 lakh hectare due to a rise in rapeseed acreage, according to Central Organization for Oil Industry and Trade.

Rabi oilseed area increases marginally : COOIT

Gold rose above $1,600 for the first time in more than two weeks on Monday as a radical bailout package for Cyprus threatened to trigger fresh turmoil in the euro zone, driving investors to seek safety in gold.

Gold hits 2-1/2-week high on Cyprus bailout worries

Reuters

The decision of the central commerce ministry to permit import of rubber through all ports instead of only through Kolkata and Vizag ports has led to fresh hammering of the prices of natural rubber

Free port import adds to woes

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