Page 335 - Commodity News
Jewellery exporters seek duty exemption under GST
Fears India will lose leadership in diamond processing, shifting of manufacturing units to tax havens
 "Jewellery exporters seek duty exemption under GST")
Soya, groundnut crop may miss estimates
Third-part of a series on kharif crop looks at the oilseeds scenario
 "Soya, groundnut crop may miss estimates")
Maharashtra sugar mills to start crushing from Nov 5
The earlier date was December 1
Gold benefits from lower dollar on Fed rate hike uncertainty
Spot gold gained 0.6 per cent to $1,270.11 and US gold futures rose $9 to $1,271.80 an ounce
 "Gold benefits from lower dollar on Fed rate hike uncertainty")
Gold steady as Fed rate hike concerns weigh on dollar
US gold futures was broadly unchanged at $1,262.8 an ounce
Oil rises on dollar and market balance expectations
Traders said a drop in the dollar away from seven-month highs the previous day supported crude
 "Oil rises on dollar and market balance expectations")
Gold industry sees prices rebounding to $1,347.40/oz over 12 months
Gold has shed 8 per cent from a two-year high in July amid expectations for a US interest rate hike by year-end
Oil rises as market could be closer to balance than expected
US West Texas Intermediate crude was up 40 cents, or 0.8 per cent, at $50.34 a barrel
Govt's clampdown on 'black money' curbs gold appetite: Experts
India's gold demand has also been hit by higher returns from other asset classes
 "Govt's clampdown on 'black money' curbs gold appetite: Experts")
Gold savings schemes under Sebi scanner
Regulator probing jewellery houses for violation of collective investment scheme rules
 "Gold savings schemes under Sebi scanner")
Controls reason for thriving black market in urea
Good quantities of both domestic and imported urea find their way into neighbouring countries
 "Controls reason for thriving black market in urea")
Centre sends back Maharashtra draft Bill to check price of pulses
Cites major flaw in the term for imprisonment in the case of non-compliance
 "Centre sends back Maharashtra draft Bill to check price of pulses")
Gold up on bargain hunting, dollar pares gains
US gold futures were flat at $1,255.60 an ounce
Gold, silver extend losses on weak global cues, low demand
Silver, too, followed suit and lost Rs 150 at Rs 42,200 per kg
Govt to make next gold bond investor-friendly
The sixth tranche of the issue is expected to open on October 24
Indian dryfruits market to double in four years
The market is currently pegged at Rs 15,000 crore with their volume estimated at approximately 450,000 tonnes
 "Indian dryfruits market to double in four years")
Post offices to sell pulses this Diwali
Centre to use India Post network of 154,000 outlets to sell chana, tur and urad
 "Post offices to sell pulses this Diwali")
Capacity consolidation will improve cost efficiency of steelmaking
To the extent that capacity has been brought under a single umbrella, the experiment has given good results in India
 "Capacity consolidation will improve cost efficiency of steelmaking")
Brexit impact: Falling Pound may hurt tea exporters next year
They fear that their importers may shift to cheaper Kenyan tea or insist on pound-denominated contracts instead of dollar contracts
 "Brexit impact: Falling Pound may hurt tea exporters next year")
India gold discounts drop to nine-month low on pick up in festive demand
Gold prices in India were about 29,700 rupees per 10 grams on Friday, after falling to 29,300 rupees on October 7
 "India gold discounts drop to nine-month low on pick up in festive demand")