Groundnut cultivation in the country is declining as farmers are shifting to other remunerative crops. While the crop was cultivated on 797,000 hectares during the 2009-10 season, the area has now come down to 700,000 hectares. Most of the farmers are shifting to cash crops like tobacco, cotton and maize, leading to a decline in the area under groundnut, officials said. During 2010-11, groundnut crop was estimated at 6.81 million tonnes.

Groundnut area declines as farmers shift to cash crops

Business Standard

Currently on an India visit, David Lamb, managing director &ndash; lifestyle and jewellery, World Gold Council, spoke to Rajesh Bhayani and Sharleen D&rsquo;souza on trends in designs and consumer preference.

Q&A: David Lamb, MD, Lifestyle & Jewellery, World Gold Council

Gold futures prices fell by 0.47% to Rs 20,899 per 10 grams today amid a weak overseas trend, triggered by last week's devastating earthquake in Japan.

Gold futures down 0.47% on global cues

Press Trust of India

Silver prices fell by 1.52% to Rs 53,153 per kg in futures trading today, as investors engaged in reducing their positions amid a weakening trend in Asian trade.

Silver down over 1.5% on weak Asian cues

Copper futures prices fell by 0.75% today, extending yesterday's losses, as speculators reduced their positions in line with a weak overseas trend.

Copper futures fall on global cues

Nickel prices moved down by 0.98% in futures trading today amid a weak trend overseas in tandem with subdued domestic demand.

Nickel futures down on subdued demand

Cardamom prices rose by Rs 15.80 to Rs 1,141 per kg in futures trade today as speculators enlarged their positions, supported by pick up in spot demand due to the ongoing marriage season.

Cardamom futures rises 1.40% on spot demand

Crude palm oil prices fell further by Rs 7.40 to Rs 1,141 per 10 kg in futures trade today, on emergence of profit-booking by speculators, driven by subdued demand in the spot market.

Crude palm oil futures remain weak on profit booking

Mentha oil prices fell by Rs 7.20 to Rs 967 per kg in futures trade today as traders indulged in profit-booking, driven by subdued domestic demand.

Mentha oil turns weak on profit booking

Silver prices fell by 1.52 per cent to Rs 53,153 per kg in futures trading today, as investors engaged in reducing their positions amid a weakening trend in Asian trade.

Silver loses sheen, down over 1.5% on weak Asian cues

Potato prices fell further by Rs 15.30 to Rs 639.10 per quintal in futures trade today on profit booking amid subdued spot demand.

Potato falls on subdued demand

Turmeric prices dropped by Rs 200 to Rs 10,160 per quintal in futures trade today on arrival of new crop in the physical market against reduced offtake.

Turmeric futures down on increased arrivals

Castorseed prices moved up by Rs 90 to Rs 4,745 per quintal in futures trade today following aggressive buying by traders in line with a firm overseas and domestic market cues.

Castorseed futures up on low-level buying

Refined soya oil declined by Rs 7.15 to Rs 599 per 10 kg in futures trade today on selling pressure due to profit booking at higher levels, influenced by fall in domestic demand.

Refined soya oil turns weak on profit booking

Silver slipped from its record level by losing Rs 1,000 to Rs 53,600 per kg today on profit selling by stockists, amid a weak global trend. Gold also declined by Rs 140 to Rs 21,170 per 10 grams on sluggish demand at existing high levels.

Silver slips from record to Rs 53,600, gold falls by Rs 140

Wholesale gur (Jaggery) prices ruled flat in the national capital today, following small buying support amid restricted supply.

Gur rises on less arrivals

Caustic soda prices rose by Rs 50 per 50 kg in the national capital today on account of firm demand from consuming industries, amid short supplies.

Caustic soda rises on tight supply

Chilli and turmeric prices fell up to Rs 200 per quintal in the national capital today, owing to weak local and export demand at existing high prices.

Chilli, turmeric falls on subdued demand

Base metals remained weak for the second straight day and prices fell by up to Rs 5 per kg on the local non-ferrous metal market today due to sustained selling by stockists, amid a weak global trend.

Base metals remain weak on global cues

There was not much activity on the local steel and iron market today as prices moved in a tight range on some activity and settled around previous levels.

Steel, iron remain quiet in thin trade

Steady conditions prevailed on the local plastic market today as polymers moved in a narrow range in the absence of worthwhile activity and settled around previous levels.

Polymers rule steady in thin trade

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