Page 310 - Commodity News
Gujarat eyes higher coconut acreage
Tamil Nadu and Karnataka are also ahead in output
 "Gujarat eyes higher coconut acreage")
25% price rise brings cheer to Arecanut growers
Price up 25 per cent after three years of fall, users likely to absorb burden
 "25% price rise brings cheer to Arecanut growers")
Govt mobilises Rs 1,085 cr in 6th tranche of gold bond scheme
The government mobilised Rs 3,060 crore from five tranches
 "Govt mobilises Rs 1,085 cr in 6th tranche of gold bond scheme")
ISMA's 2016-17 sugar output estimate misleading, no imports required now: Paswan
Paswan insists there is no shortage of sugar in the country
 "ISMA's 2016-17 sugar output estimate misleading, no imports required now: Paswan")
Investors exit gold ETFs, withdraw Rs 695 crore in 11 months
Asset base of gold ETFs dropped to Rs 5,766 crore at end of Feb from Rs 6,346 crore in March-end
 "Investors exit gold ETFs, withdraw Rs 695 crore in 11 months")
Ind-Ra assigns stable outlook for cotton textiles in FY18
Outlook driven by steady input prices, healthy capacity utilisation and healthy domestic demand
 "Ind-Ra assigns stable outlook for cotton textiles in FY18")
Downgrading of Darjeeling tea gardens invites growers' ire
Downgrade disregards GI tag given to Darjeeling tea, which is known internationally for its aroma
 "Downgrading of Darjeeling tea gardens invites growers' ire")
Govt considers raising import duty on pulses
A large part of annual demand is met by import, as domestic output has never sufficed
 "Govt considers raising import duty on pulses")
India will be 2nd largest steel producer over 12-18 mths: S&P Global Platts
Capacity addition in anticipation of increase in demand to place India after China
 "India will be 2nd largest steel producer over 12-18 mths: S&P Global Platts")
Gold suffers worst run since October, approaches $1,200
A stronger dollar makes gold costlier for those with other currencies
 "Gold suffers worst run since October, approaches $1,200")
India's cotton yarn exports to rise on strong Chinese demand
Auction in China quotes 25% higher price of cotton, textiles mills to shift to yarn import
ICEX readies for futures trade relaunch in diamonds
The exchange suspended futures trading in 2014, four years after launch
 "ICEX readies for futures trade relaunch in diamonds")
Sebi relaxes restraint order in castor seed controversy
Last May, Sebi had issued restraint orders against 18 entities from dealing in securities market
 "Sebi relaxes restraint order in castor seed controversy")
Supply shortfall restricts jute industry from meeting pulse packaging need
Deficit is about 0.55 million bales, textile ministry urges use of plastic bags instead
 "Supply shortfall restricts jute industry from meeting pulse packaging need")
Gold buying: Annual demand not expected to return to 850 tonnes till 2020
The past year had seen a 21% fall, to 676 tonnes, lowest in seven years
Gold prices slump deeper on weak global cues, muted demand
Globally, gold fell by 0.19% to $1,213.30 an ounce
Gold prices edge up, but US rate hike outlook drags
Spot gold had edged up 0.1% to $1,216.5 per ounce
India shifts to OALP to boost oil output
Investors will have flexibility to carve out blocks of their choice through a minimum 10"x10" grid
 "India shifts to OALP to boost oil output")
Govt may allow groundnut, sesame seed oil bulk exports
The industry said permitting bulk export of sesame seed oil would open the market in the Far East
 "Govt may allow groundnut, sesame seed oil bulk exports")
Indian researcher discovers new molecule to boost wheat yields
India's average yield is 39% lower than China
 "Indian researcher discovers new molecule to boost wheat yields")