Proposed investments in the industrial polymer and petrochemical sector are on hold due to weak demand, in both domestic and foreign markets.

Proposed investments put on ice amid weak demand

Business Standard

Traders rush to capture the benefit of white metal rally.

Profit booking pushes silver sales into discount

December gold futures prices on the Comex division of the New York Mercantile Exchange settled at $1,747.20 an ounce, up 6.8 per cent on the week. Gold rallied to a high of $1,756 on Friday as participants started covering short positions when it crossed the $1,700 mark on Tuesday.

Increased profit-taking likely next week

The Warehousing Development and Regulatory Authority (WDRA) has received an encouraging response from warehouse keepers to registration and empanelment with spot exchanges. Negotiable warehouse receipts (NWRs) issued by registered warehouses would help farmers seek loans from banks to avoid distress sale during the harvesting season, WDRA Chairman Dinesh Rai told Dilip Kumar Jha.

Q&A: Dinesh Rai, Chairman, WDRA

India's tea imports declined 23% to 6.40 million kg during April-August this fiscal.

Tea imports down 23% at 6.40 million kg in Apr-Aug

Press Trust of India

Amid anticipation of bumper castor crop in 2012, traders fear a sustained bearish sentiment in castor seed prices for next three-four months. Experts maintained that castor prices may stay lower mainly on account of low industrial demand from domestic as well as international buyers joined with high carryover stock.

Castor prices likely to remain lower

Gold futures prices fell by 0.40% to Rs 27,050 per 10 grams today, tracking a weak trend overseas.

Gold futures down on weak Asian cues, profit-booking

Silver futures prices fell by 1.67% to Rs 56,413 per kg today, as speculators offloaded positions due to a weakening trend in Asia.

Silver futures down on weak Asian cues

Crude palm oil prices declined by Rs 1.80 to Rs 474.70 per 10 kg in futures market today, as speculators offloaded their positions, triggered by a weakening global trend.

Crude palm oil down on weak global cues

Both the precious metals, gold and silver, tumbled today on heavy selling by stockists and retailers at existing high levels, amid a weak trend overseas. While gold fell by Rs 340 to Rs 27,540 per 10 grams, silver lost Rs 1,150 to Rs 56,250 per kg on sluggish demand.

Gold down by Rs 340, silver by Rs 1,150

Barely a year after India had a record pulses production of over 18 million tonnes, the country faces a deficiency. Remedial measures are needed during the coming rabi sowing season as pulses output in the kharif season is projected to drop by 10 per cent to 6.43 million tonnes. Output during last year&rsquo;s kharif season was 7.12 million tonnes.

Production of pulses, coarse cereals to fall

Two onion exporter groups have filed separate petitions in the high court here against an export ban order passed last week by the Directorate General of Foreign Trade (DGFT).

Traders drag DGFT to court

Standard gold rose 1.2 per cent at Zaveri Bazar here on Wednesday, despite a decline in global prices. Rupee depreciation kept gold buyers away from the benefit of global price fall.

Gold up on rupee decline

Amid growing farmer protests and political pressure against the ban on onion exports, Food and Consumer Affairs Minister K V Thomas on Wednesday said the government might review the decision at the next meeting of the Empowered Group of Ministers (EGoM) on Food.

Govt to review restriction at next EGoM meet

Hold on, caution experts, who explain why raw investors wanting an alternative to equities should rather stick to bullion.

Limit exposure to commodities

It will now take a while for a commodity to enter as&nbsp;an exchange-traded fund (ETF)&nbsp;into the capital or commodity markets. The government is taking a final view on&nbsp;the jurisdiction of&nbsp;commodity-based ETF.

No commodity to enter ETF until govt takes call

Faced with a cut in export duty of refined oil by Indonesia, the Indian vegetable oil importers have urged the government to intervene for protection of local refinery and packaging units.

Indonesia cuts refined oil export duty vegetable oil firms to be hit

Jeera prices shed 1.11% to Rs 14,976 per quintal in futures trade today as traders offloaded their positions on the back of subdued local and exports demand.

Jeera futures shed 1.1% on subdued demand

Crude oil prices fell by 0.38% to Rs 4,237 per barrel in futures trade today as speculators reduced their holdings amid a weak trend overseas on data showing weak demand in the US.

Crude oil down on weak overseas cues

Tracking a weak trend overseas, gold prices fell by 0.34% to Rs 28,058 per 10 grams in futures trade today as speculators reduced their positions.

Gold futures fall on global cues

Buoyed by a firm trend at the spot market on pick up in demand from pharmaceutical units, mentha oil prices moved up by Rs 7.30 to Rs 1,240 per kg in the futures market today.

Mentha oil futures up on spot demand

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