<B>J J Irani</B>, director, Tata Sons, speaks to <I>Rajesh Bhayani </I>on issues that need to be addressed to see a better future panning out for the steel sector


`Future of steel lies in India`

Business Standard

Demand from the mills and export market can take the guarseed prices up in the next week. Though the guarseed futures and spot markets saw declining trend during the last week, Rajasthan-based traders

Guarseed looks strong

Strong fundamentals have once again pushed the pepper prices up. The futures closed the week at Rs 12,320 a quintal against the Mondays closing price of Rs 11,898, up 3.5 per cent.


Pepper stays bullish

Amalthea raised Zeus on the milk of a goat and in turn Zeus gave her the goats horn, the horn of plenty, which had the power to give to the person in possession of it whatever he or she desired. This

The legend of Cornucopia

Bargain hunters are likely to resurface this week to gain from the current level of gold prices. Besides, enormous buying support from jewellery makers ahead of the lunar new year in February is also

Firm dollar may bring gold down to $615

The governments decision to scrap customs duty on corn could result in imports of about 25 lakh tonnes of maize to bridge the demand-supply gap that was caused due to the exports of maize from the

Duty cut likely to spur import of maize

Press Trust of India

Consumers will soon have something to cheer about. With the government announcing 10 per cent reduction in the import duty on edible oil most domestic branded oil companies are planning 5-6 per cent

Branded oil prices to fall on duty cut

Prices of edible groundnut oil are likely to rise further by Rs 10-25 per 15-kg tin in the Gujarat market. The cut in duty on imported edible oil was unlikely to affect the uptrend, sources said. 


Groundnut oil  may rise by Rs 25 per 15 kg

In the domestic market, natural rubber prices crossed the Rs 100 a kg barrier for the second time in nine months, at the close of trading last week. The benchmark RSS-4 today touched Rs 101, even as

Rubber crosses Rs 100 mark twice in 9 months

The Kochi-based India Pepper &amp; Spice Trade Association (IPSTA) is likely to get a new lease of life within a fortnight as the premier exchange on pepper trade will switch over to online trading

Kochi pepper bourse to begin online trading

Italy is considering making India its textile sourcing hub, provided Indian designers produce garments of Italian style, said Roberto Formigoni, chief minister of state of Lombardy, on his visit to

Italy sees India as textiles hub

Prices of zinc nosedived by 15 per cent in January on the news that China has turned a net exporter in 2006  for the first time in the last three years. Zinc on Monday was quoted at $3,629 a tonne in

Zinc wilts under Chinese heat

Asian steelmaker stocks advanced on speculation Posco will become a takeover target and after JFE Steel Corp said its considering a broader alliance with the Hyundai group of South Korea.


Asian steel scrips soar

Copper and zinc futures are likely to trade lower this week, at least till Wednesday, on the London Metal Exchange and MCX in absence of any fundamental triggers, analysts said today. 


Base metals to remain bearish

Edible oil imports will increase this year as the country is expected to see a 20 lakh tonne drop in total oilseeds output owing to a 8.8 per cent decline in acreage to 93.66 lakh hectares, according

Drop in oilseeds output to fuel edible oil imports

The total acreage of oilseeds has declined to 93.66 lakh hectares this year. 


Oil`s not well

The gold and jewellery industry has the potential to create 1 million more jobs in the next few years

Jewellery sector to create more jobs: Mehul Choksey

Other companies undecided as NMDC has cut iron ore prices for March

SAIL, JSPL raise steel prices following costlier coal

Cement manufacturers are mulling to raise prices following the recent rail freight hike as well as last week's petrol and diesel price increase. According to manufacturers, they need to hike prices by six-eight per cent to ease their burden.According to H M Bangur, managing director of Shree Cement, a price hike is inevitable. "The recent developments will have a long-term impact on the industry. Prices are likely to soar to the tune of six-eight per cent," he said.Heidelberg Cement has already raised prices by Rs 10 per on a 50-kg bag in some parts of the country.Large players from western India and elsewhere are assessing the situation before increasing prices. However, an industry source said that a price hike is inevitable. If not now, hikes will come in a week or two, he added.According to industry reports, February dispatch numbers have turned out to be poor and the recent diesel price hike for bulk buyers is also putting an additional burden on the counters. For  each million to

'Stressed' cement firms planning to raise rates

Demand for robusta coffee beans in major consuming countries has been growing

Strong consumption may push up robusta coffee prices

The debate remains inconclusive, with the government so far leaning more on no-export advocates

A never-ending debate on the need for iron ore exports

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