The Central government&#39;s salt department is aiming to more than double salt production in Orissa over the next two years.

Salt production in Orissa to double in two years

Business Standard

India&#39;s largest commodity exchange, the Multi Commodity Exchange of India (MCX) has appointed Singapore-based IDEAcarbon, an independent rating agency for carbon market participants, as its global strategic advisor on climate change policy and strategic business opportunities in carbon markets.

MCX appoints IDEAcarbon as strategic advisor

Crude oil rose to a record $139.89 a barrel in New York as a weaker dollar bolstered the appeal of commodities as a hedge, and a fire cut North Sea output.

Crude rises to record $139.89

&nbsp;Sankar-6 is being quoted at a record Rs 25,500 per candy.
&nbsp;The bull run in cotton prices continues unabated.

Cotton prices hit the roof in Gujarat

Asian stocks advanced the most in almost two months after the dollar rose to a four-month high against the yen and crude oil prices declined, boosting shares of car and consumer electronics makers.

Asian stocks gain

The lone producer of guargum products in the country plans to invest Rs 300 crore in land acquisition.

Captive farming high on Vikas WSP agenda

India&#39;s turmeric output is expected to be higher in 2008-09 (Jul-Jun) due to a likely rise in acreage and favourable weather conditions, traders said.

Turmeric output to rise in FY09

Private miners of iron ore in the country have threatened to stop mining activities, protesting a 15 per cent hike in the export duty announced last week.

Ore export levy to hit  steel production

Kolkata-based East India Jute &amp; Hessian Exchange (EIJHE), once a nerve centre of commodity trading in eastern India, is on the verge of collapse.

Oldest jute exchange makes last bid to survive

&nbsp;The domestic cumin seed market has turned bullish due to rising exports. According to traders and commodity analysts, the market is likely to remain firm for the next few days.

Overseas demand boosts cumin seed

Asian stocks gained for a third day, as higher metals prices and a decline in crude oil boosted the earnings prospects for mining companies and utilities.

Asian stocks advance

India&#39;s edible oil imports declined by 39 per cent in May to 3.02 lakh tonnes as traders and refiners reduced inventory due to the stock limit imposed by the various state governments, the Solvent Extractors&#39; Association of India (SEA) said on Tuesday.

Edible oil imports dip 39% in May

Press Trust of India

National Commodity &amp; Derivatives Exchange (NCDEX) has signed an MoU with Bikaner-based Bikaner Oil Mills Association and Shri Bikaner Kachchi Aadat Vyapar Sangh to work jointly to develop contract specifications which meet the business requirements of the members of the associations.

NCDEX signs MoU with Bikaner associations

Domestic companies are set to capitalise on the booming global demand for steel pipes and tubes with the government withdrawing the 10 per cent duty on the exports of these products.

Pipe firms see spurt in exports

Multi-Commodity Exchange, India's top commodity platform in terms of turnover, is set to launch platinum futures on Thursday.

MCX to launch platinum futures today

Mustard prices in Gujarat have soared to Rs 605 per 20 kg, the highest so far in the season, on growing demand and short supply.

Mustard prices hit season`s high

Good southwest monsoon rains that promise bountiful crops this year are likely to restore the glitter in jewellery sales in India, which had slackened on rising inflation and high prices, according to jewellers.

Jewellers bank on bumper harvest for revival of demand

Asian stocks gained for a fourth day after metal prices rose and Mori Building said profit growth will accelerate, fueling optimism that earnings in the region will withstand the global economic slowdown.

Asian stocks extend gains

The current fertiliser scarcity in the country and the mounting subsidy bill, which is expected to reach Rs 95,000 crore this year, can be partly solved by checking &#34injudicious usage&#34 of the agricultural input and reducing imports by 20 per cent, feel manufacturers and experts.

'Cut usage to rein in fertiliser scarcity'

Indian textile exports is facing severe competition from smaller Asian countries like Vietnam, Pakistan and Bangladesh due to uncompetitive prices, says a study on India&#39;s Textiles and Clothing Exports in US and EU' conducted by the industry chamber FICCI.

'Indian textile exports face severe competition'

With crude palm oil (CPO) contracts becoming a success on the Multi Commodity Exchange (MCX) and the National Board of Trade (NBoT), the National Commodity &amp; Derivatives Exchange (NCDEX), India&#39;s biggest agri commodity trading platform, is also planning to revive these contracts within a month.

NCDEX set to introduce revised palm oil contracts

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