Page 288 - Commodity News

Darjeeling's tea gardens brace for hefty hit from bonus payouts

Firms liable to pay up to 20% of annual wages as bonus every accounting year

Gold hits one-year high as tensions over North Korea nuclear test escalate

South Korea in talks with US on deploying aircraft carriers, strategic bombers to Korean peninsula

Commodities enter super boom cycle, with few bumps in the road ahead

Weak dollar, rising global growth major triggers; several resource commodities up 30-50%

Edible oil output to be around 11 mn tn in 2021-22: Icra

The total edible oil production stood at 8 mn tonne in FY17, ICRA said in a report

Gems & jewellery exports to decline over 30% in FY18

Major roadblocks are GST levy, overseas trade restrictions

Cement prices to remain tepid as GST, Rera and monsoon hit demand

Sector analysts opined that the northern, central and eastern markets were particularly hit

Gold imports in August surge on duty-free buying from South Korea

India imposes a 10 percent import duty on gold

Commodity picks: September 4, 2017

Prices of turmeric are expected to move higher towards Rs 7,700 a quintal

Higher prices, less discounts keep gold's demand subdued

Dealers were offering a discount of up to $6 an ounce this week

Horticulture output seen at record 300 mn tonnes

The per-hectare yield of horticulture crops has also been more than that of foodgrain

Profitability of sugar mills in south India to remain under pressure

Rise in cost production impacting profits

Cotton yarn exports dip due to rupee appreciation, GST levy

China, Bangladesh more inclined towards cheaper imports from Vietnam

Mining firms plan to plead for penalty review

SC called for the recovery of 100% compensation in lieu of the excess ore lifted

UP sugar mills to advance crushing by a month to boost supply

The state reported bumper sugar production at 8.2 million tonnes for 2016-17

GST, stronger rupee may result in flat Indian apparel exports growth: AEPC

India has reported a marginal five per cent growth in apparel exports worth $6.9 billion for 5%

Gold up 3% in 2 days on global factors, Centre's ban on import from S Korea

Meanwhile, Monday's notice putting the sector under PMLA has disturbed the gold trade sentiment

Tirumala Tirupati Devasthanams deposits 2,780 kg gold with SBI

Last year, TTD has deposited 1,311 kg of pure gold bars of 0.995 fineness with Punjab National Bank

Govt imposes stock limit on sugar mills for Sept, Oct to keep prices stable

There is no shortage of sugar for domestic consumption in the country, according to Ram Vilas Paswan

Gold hits more than nine-month high after North Korea missile test

Spot gold was up 0.9% at $1,321.04 an ounce

Onion price rise: Centre asks states to cap surge, impose stock limits

As per all India average retail price, onion prices have increased from Rs 15/kg to Rs 28.94/kg