Page 353 - Commodity News
Is India's love affair with gold over?
Imports in 2016 expected to be lowest in 7 years but experts don't rule out a revival in demand if the yellow metal's price falls
 "Is India's love affair with gold over?")
Gitanjali Gems to expand in diamond retailing
Plans to raise Rs 110 crore by issue of convertible warrants
 "Gitanjali Gems to expand in diamond retailing")
Gold maintains upward trend on jewellers' buying
However, silver fell by Rs 185 to Rs 46,465 per kg on reduced offtake by industrial units and coin makers
 "Gold maintains upward trend on jewellers' buying")
SEA starts pilot project to improve castor yield in Gujarat
Sardarkrushinagar Dantiwada Agricultural University will guide the farmers to increase productivity
 "SEA starts pilot project to improve castor yield in Gujarat")
Gold futures fall 0.25% on global cues
Gold fell 0.5 per cent to $1,345.80 an ounce in Singapore
 "Industrial metal's record deficit")
Buffalo meat exports on recovery path
Demand from West Asia rises, appreciating Brazil currency favours Indian producers
 "Buffalo meat exports on recovery path")
 "Duty drawback to boost exports of expensive garments")
 "Govt looks to speed up sale of pulses to beat price fall")
Milk powder exports may pick up on rise in global prices
Further 4-5% price rise to make exports viable, say Amul, Parag Milk Foods
 "Milk powder exports may pick up on rise in global prices")
Debt of top 30 steel firms hits record $150 bn
Major part of the debt belongs to companies from India, China and Brazil, says EY
 "Debt of top 30 steel firms hits record $150 bn")
Gold rises on weaker dollar as Fed minutes cool rate hike expectations
US gold climbed 0.6 per cent to $1,357.20 an ounce
Coking coal imports may firm up
A rise of 14% over 43.7 mnt imported in 2015
 "Coking coal imports may firm up")
Vardhman, SEL in a fix as cotton price soars
Blame hoarders for the rise; many fabric making mills have opted for blending more and more of synthetic yarn
 "Vardhman, SEL in a fix as cotton price soars")
Indian steel demand to outpace Asian peers, says Moody's
Protectionist measures taken by the government to help steel industry perform well against Asian peers, it said
 "Indian steel demand to outpace Asian peers, says Moody's")
Oil prices fall on doubts that producers can agree output restraint
Brent crude futures were trading at $48.86 per barrel
 "Oil prices fall on doubts that producers can agree output restraint")
Gold treads water on US Federal Reserve views, awaits July minutes
Dollar also edged away from seven week lows against yen and euro on Wednesday following hawkish comments from Fed officials
 "Gold treads water on US Federal Reserve views, awaits July minutes")
Jeera up 0.7% on pick up in demand
Spice for delivery in September contracts edged higher by Rs 80, or 0.44%
 "Jeera up 0.7% on pick up in demand")
Silver down 0.22% on global cues
Metal for delivery in December contracts was trading lower by Rs 94 or 0.20%
 "Silver down 0.22% on global cues")
Cardamom up 2.68% on rising demand
Spice for delivery in October gained Rs 27.50 or 2.65%
 "Cardamom up 2.68% on rising demand")