Supported by a pick-up in spot market demand for the ongoing festive season, sugar futures rose by 0.25% today, notwithstanding the adequate stocks position.

Sugar futures rise on spot demand

Press Trust of India

Tracking a weak global trend, zinc prices fell by 1.13% to Rs 100.60 per kg in futures trade today.

Zinc futures fall 1.13% on global cues

Chana prices rose by Rs 15 to Rs 3,201 per quintal in futures trade today as traders created fresh positions, driven by a firming trend in the spot market on better demand.

Chana rises in futures trade on better spot demand

Pepper prices moved up by Rs 191 to Rs 33,590 per quintal in futures trade today as speculators enlarged their positions, influenced by a pick-up in spot market demand amid restricted arrivals.

Pepper up 0.57% on limited stock availability

Jeera prices rose by Rs 80 to Rs 15,644 per quintal in futures trade today as speculators created fresh positions, driven by a pick-up in spot market demand.

Jeera futures up on firm spot demand

Refined soya oil futures fell by by 0.15% to Rs 660 per 10 kg in range-bound trade today due to sluggish demand in the spot market and adequate stocks availability.

Refined soya oil down marginally on sluggish demand

Gold and silver registered their biggest single-day decline in 18 months in the bullion market here today on frantic selling by stockists, triggered by a meltdown in global markets.

Biggest single-day drop for gold and silver

Exports of marine products crossed the $2.85 billion mark in 2010-11 on the back of sharp increase in the demand for frozen shrimp in European and South East Asian markets.

India's marine products export rises to $2.8 bn in FY11

Business Standard

Despite a tight schedule, Dhirubhai Patel and Mahesh Limbasiya, two Rajkot-based imitation jewellery makers, are thanking the regional cinema and daily TV soaps. And why not, the two-decade old imitation jewellery industry seems to be enjoying its newfound popularity thanks to many designs from this tier II town of Gujarat getting their screen time in regional films and in Hindi serials.

TV soaps add glitter to Rajkot imitation jewellery 

The Ministry of Agriculture has recommended extending cotton exports under the open general licence (OGL) beyond September, following a bumper harvest this season.

Centre may extend cotton export deadline

Onion prices jumped 50 per cent in the last one week in Nashik and Vashi wholesale commodity markets in Maharashtra. Across all other mandis, the prices rose around 20 per cent.

Surge in onion price to continue

The government&rsquo;s plan to import more coated paper has added to the pressure of the domestic industry, forcing its captains to take a series of price cuts in the current financial year and yet not finding business comfortable. Imported coated paper currently sells at prices that are seven-eight per cent less than that of the locally manufactured variety, courtesy a steady fall in their prices over the last few months.

Domestic industry under pressure as paper import rises

Gold prices rose sharply by Rs 950 per 10 gram, the second biggest one-day gain, to regain the Rs 28,000 level here today on heavy buying, driven by a recovery move in global markets.

Gold at Rs 28,000 level again

Increased volatility in gold and silver prices during the last few days have resulted in losses for traders on the Indian futures exchanges. Prices of the precious metals had fallen 6-7 per cent on Thursday but rebounded sharply in the last two days.

Markets wary of gold, silver price volatility

The food ministry is working on a proposal to increase the retail price of sugar sold through ration shops to lower the subsidy burden on the government exchequer.

Food Min works to raise retail sugar price for PDS

Gold futures for December delivery gained $34.10 or 1.9 per cent on Friday to settle at $1,797.30 on the Comex in New York. However, in after-hours electronic trading, prices jumped as much as 3.7 per cent to $1,832 after Federal Reserve Chairman Ben S Bernanke did not offer further stimulus to the economy. Earlier, gold futures had slumped to $1,705, or 11 per cent, after touching a record $1,917.90 an ounce, but recovered sharply to settle at 1,832 in late trading on Friday.

Bullish in long term 

Crop arrival will get delayed by 10-12 days in October due to the initial delay in sowing. Official sources, however, allayed fear of any scarcity saying short-duration crops were grown in the beginning of the sowing period due to insufficient rainfall.

Crop arrival to get delayed due to less rain

A slight slowdown in monsoon rains over most of India during the week ended August 24, after intense rainfall the previous week, did not have any significant impact on the sowing of kharif crops, which is nearing its end.

Rain slows, but no major impact on sowing of crops

Sugar producers face the prospect of a minimum 18 per cent increase in the procurement cost of cane, with the Commission for Agricultural Costs and Prices (CACP) recommending a floor price of Rs 171 a quintal for the 2012-13 harvested crop.

Sugarcane floor price to rise at least 18% next year

In view of the strict regulations imposed by major nutmeg importers such as the European Union, the Spices Board has mooted a series of measures to enhance the quality of nutmeg and nutmace produced and exported from the country.

Spices Board to focus on improving nutmeg quality

Gold futures fell by 1.87% to Rs 27,120 per 10 grams today, snapping a three-session winning streak amid profit-booking by speculators and a declining trend in prices of the precious metal overseas.

Gold futures succumb to profit-booking, global cues

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