The jewellery sector has started preparations for a dismal 2012, anticipating a slowdown based on the prevailing circumstances. Rajiv Jain, chairman of the Gems &amp; Jewellery Export Promotion Council (GJEPC) in an interview with Dilip Kumar Jha explains the concerns for the domestic market, but says exports could grow satisfactorily.

Q&A: Rajiv Jain, Chairman, GJEPC

Business Standard

Imports of extra-long and short varieties to rise, as farmers prefer to sow the genetically modified seeds.

Bt cotton spread hits premium staples

Coffee exports from India, Asia&rsquo;s third-biggest grower, may decline 15 per cent this year, as inventories fall and the European credit crisis curbs demand, an exporters&rsquo; group said on Monday.

Coffee exports may decline 15%

As India is targeting steel capacity of 200 million tonnes (mt) by 2020, a major concern staring in the face of steelmakers is how to secure sustainable supply of coking coal.

Sustaining coke supply a worry for steel firms

Buoyed by a firming trend overseas and pick-up in spot demand, copper futures recovered by 0.56% to Rs 413.90 per kg today.

Copper futures up 0.56% on global cues

Press Trust of India

Lead prices edged higher by 0.28% to Rs 108.40 per kg today as speculators built fresh positions, supported by a firming trend at the London Metal Exchange (LME).

Lead futures gain 0.28% on global cues

Zinc futures rose by 0.35% to Rs 99.30 per kg today, tracking gains in entire base metals pack on the London Metal Exchange and rising domestic demand.

Zinc futures strengthen on global cues

Gold futures rose by 0.63% to Rs 27,884 per 10 grams today as speculators created fresh positions on the back of a firming trend overseas.

Gold futures up 0.63% to Rs 27,884

Oil rose in Asian trade today, underpinned by positive Chinese economic data and tensions in West Asia over a key oil transit point, analysts said.

Oil rises in Asia on Chinese data, West Asian tension

Supported by a rising spot demand, crude palm oil prices moved up by Rs 5.30 to Rs 558.20 per 10 kg in futures trading today amid a firming global trend.

Crude palm oil up in futures trade on rising demand

Guarseed futures contract for April today hit the daily upper limit of 4% on strong export demand in spot market against low inventories.

Guarseed futures hit upper circuit limit of 4%

Cardamom gained Rs 6.40 to Rs 616.60 per kg in futures trade today on increased demand in the spot market against restricted arrivals.

Cardamom up 1% on higher demand

Potato prices rose by Rs 1.50 to Rs 648.70 per quintal in futures market today due to pick up in the spot market demand against restricted arrivals from producing regions.

Potato futures rise as spot demand picks up

Chana prices fell further by Rs 14 to Rs 3,327 per quintal in futures trading today due to sluggish demand against adequate supplies.

Chana futures remain weak on sluggish demand

Jeera prices rose by 0.66% to Rs 16,620 per quintal in futures trade today on pick-up in export demand against tight supplies.

Jeera futures up 0.66% on export demand

Mentha oil prices traded higher by Rs 2.80 to Rs 1,324 per kg in futures trade today due to pick up in spot demand against less arrivals from producing region.

Mentha oil futures rise as demand picks

Maize prices firmed up by Rs 27.50 to Rs 1,299 per quintal in futures trade today as speculators preferred to raise holdings on higher overseas advices.

Maize futures up on global cues

Tracking a firming trend in the global markets, silver moved up by 1.19% to Rs 51,939 per kg in futures trading today.

Silver futures up by 1.20% on global cues

Crude oil rose above $110 a barrel on Tuesday as tension between Iran and the United States stirred fear of a possible disruption to oil supplies from the West Asia and as Chinese data showed economic activity increasing.

Crude oil rises above $110/bbl on Iran, China data

Reuters 

Oil prices surged on Tuesday, with US crude hitting the highest settlement since May, fueled by strong economic data from the United States and China and mounting concern about supply disruption from Iran.

Oil jumps 4% on Iran anxiety & US, China data

India has made hallmarking gold jewellery for quality control mandatory, a senior government minister said.

Govt makes hallmarking gold jewellery mandatory

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