In the first rollback in three years, cement companies in the state slashed the billing price by Rs 3 per bag on Monday.

Cement firms slash prices in Gujarat

Business Standard

High bullion prices may deter demand for gold this Akshaya Tritiya, an auspicious day on the Hindu calendar for purchasing precious metals.

High gold prices dampen buying on Akshaya Tritiya

Press Trust of India

Asian stocks dropped, reversing earlier gains, on concern that earnings at banks and refiners will be dragged down by record oil prices and a slowing global economy.

Asian stocks decline

The Gujarat government is up in arms against multinational companies selling Bt cotton seeds in the state.

Gujarat to sell subsidised Bt cotton seeds to farmers

The rubber-based industries, mainly tyre manufacturers, expressed serious concern over the sharp appreciation in the price of natural rubber during the last couple of months.

Tyre manufacturers to bear the brunt

Natural rubber (NR) prices peaked to an all-time high on Wednesday, moving hand-in-hand with global markets.

Rubber prices rise to an all-time high

&nbsp;FCI granaries choc a bloc with record wheat procured by govt.
&nbsp;Private retail and warehousing companies will have to pay the price for the record wheat procurement by the central government agencies.

Pvt players facing storage blues

The Multi Commodity Exchange of India (MCX), the country&#39;s largest commodity bourse, will be launching a futures contract in gold coins of 8 grams tomorrow, coinciding with Akshaya Tritiya, an auspicious day for buying gold.

MCX to start 8 gm gold coin futures today

&nbsp;Proposed 20% duty will be withdrawn, assures govt. 
&nbsp;Steel pipe exporters heaved a sigh of relief as the government assured them of doing away with a proposed export duty on steel products, including pipes and tubes.

Tax breather for steel pipe exporters

Asian stocks declined for a second day, led by financial companies and power generators, on concern new US disclosure rules will reveal further credit losses and record oil prices will curtail earnings growth.

Asian stocks continue fall

&nbsp;To list tariff, non-tariff and logistic information.
&nbsp;In a bid to help exporters report the problems they face with tariffs and trade barriers, the International Jute Study Group ( IJSG) will compile a database of tariff, non-tariff and logistic information.

Jute body to compile database for traders

India, a major importer of pulses, is faced with a delay in shipments of urad and tur owing to the cyclone in Myanmar, a major exporting nation.

Myanmar cyclone to hit pulses availability

Lower buying interest in Europe and the US coupled with piling up of stocks in Vietnam have triggered a rather un-expected bear phase in the global pepper trade.

Glut in Vietnam pushes pepper mart into bear grip

China, the world&#39;s biggest grower of rice, will start planting the grain in Tanzania next year as global food shortages create investment opportunities for the Asian country, a government report said.

China to grow rice in Tanzania as global food shortage worsens

&nbsp;Exporters are likely to pass on the levy burden to growers.
&nbsp;Basmati paddy farmers&#39; dream of a better realisation is likely to take a hard knock following a levy on exports of the rice, a premium foodgrain enjoying a 53 per cent global market share.

Export duty may hurt basmati farmers

Spot chana prices in major markets are likely to fall by 3-4 per cent in four weeks on weak sentiment and absence of a benchmark following suspension of futures trade from Thursday, according to traders.

Absence of futures cues may hit chana

A moderate decline in copper prices is likely this week on speculation that China, the world&#39;s largest consumer, may continue to use domestically generated metals and reduce imports.

Copper set for a marginal drop

&nbsp;A fire at the Guntur marketyard heated up chilli futures last week. Commodity analysts see the bullish sentiment continuing through the next week.

Chilli: Buoyancy continues

A drop in arrivals and good demand from the overseas and domestic markets are set to take jeera futures further up next week.

Jeera: Global demand boost

Pakistani farmers will be the real winners this season, thanks to the imposition of export duty of Rs 8,000 a tonne on basmati rice by the Indian government, a top industry official said.

Basmati export duty to benefit Pak farmers

Six months after stalling the distribution of imported red wheat, the Maharashtra government has finally decided to dispose of over 40,000 tonnes of the grain lying in over 300 warehouses of the state, after a certain percentage of it was found unfit for human consumption.

Maharashtra to dispose of controversial red wheat

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