Page 282 - Commodity News

Immediately pay interest on gold under GMS: RBI to banks

Gold can be deposited under GMS with a designated bank in the account of the Central govt

Tea Board's Darjeeling gardens revival package insignificant

Tea Board recommends 30 per cent of aid proposed by industry

Cotton price improves on reports of crop damage

Overall price subdued, to improve margins of textiles mills

Government exempts IGST on gold imports

However, gold refineries, which import more gold or unrefined gold, will have to pay 3% IGST

Compulsory hallmarking: Worried jewellers await rules on self-certification

Those selling ornaments with lower purity might now offer hefty discounts in order to get rid of non-hallmarked stocks

Investing in gold? Know your 'options' before taking the plunge

It will be a cheaper way to bet on gold price movement as compared to futures

Palm oil demand strong as top buyers China, India restock inventories

A narrow discount to a rival edible oil could limit demand growth moving forward: Analysts

Sugar mills hoping for recovery in ethanol blending with petrol this year

During the last season, 2016-17 droughts in some parts of Maharashtra, Tamil Nadu led to less sugarcane output and hence, lower availability of ENA

Govt sets ball rolling for compulsory hallmarking of jewellery

Act giving powers made effective from Oct 12; jewellers call it their own 'RERA moment'

Gold import surges over two-fold to $16.95 bn in H1FY18

In September, import of the precious metal dipped by 5% to $1.71 bn from $1.80 bn

World shrimp trade steady on surge in Indian exports

India emerged as the top exporter with a 34% rise in sales volumes of 96,921 tonnes, followed by Ecuador

Govt fixes rate at Rs 2,987 per gm for Sovereign Gold Bond

Under the scheme, the bonds are denominated in units of one gram of gold and multiples thereof

India regains status of net steel exporter during September

Also, India had turned a net importer for the month of August, though cumulatively during April-August the country maintains its net exporter status

GST impact: Gold jewellery may lose its lustre this Dhanteras

If the overall business remains same as the last year or goes marginally up by 5%, we will be very happy: Bullion traders

Transparent derivatives mechanism proposed to arrest onion price volatility

Futures trading with a price band to give signals or forward trading with delivery have been suggested

Motilal Oswal partners with MMTC Pamp to offer digital gold

'Me-gold' facilitates trading in gold in rupee and grammage denominations, at a price determined by the global markets

Monsanto, Mahyco face heat over Glycel Bt Cotton

Farmers' body seeks criminal action against them for 'illegal cultivation'

Cheerless Diwali this year on cracker curbs, costlier veggies and sweets

Popular sweetmeats are costing a staggering 35% more on spike in sugar prices, veggies are up due to intermittent rainfall the past one week

MCX to launch gold options on Dhanteras

National Commodity and Derivatives Exchange has also received approval from Sebi to launch options in guar seed

NCDEX gets farmers' body on board for derivative trade

More than 21,000 tonnes of commodities have been traded by FPOs on NCDEX platform till September this year