Page 409 - Commodity News

Oil prices unstable in Asia on weak Chinese data

Prices remained unstable on weak Chinese manufacturing data and a hint that oil producers could cooperate to stabilise market

Crude palm oil decline by 0.7% on profit-booking

Participants booked profits, driven by easing demand in the spot market against adequate stocks

Cardamom up by 0.7% on spot demand

Traders created fresh positions, supported by pick up in demand in the spot market

Silver futures rise 0.5% on global cues

Speculators enlarged positions, taking positive cues from global market

Gold futures up by 0.9% on positive global cues

The precious metal regained its Rs 30,000-level by surging Rs 258 to Rs 30,008 per 10 grams

Gold: Jewellery, refining set to lose lustre

Higher duties could squeeze the sector's margins further

Advantage farm sector: Kunal Bose

Options, index futures in commodities soon

Budget 2016: Plan expenditure for MNRE sees a big jump to Rs 5,000 crore next fiscal

Plan expenditure for the current fiscal is Rs 246.53 crore, as against last year's budgetary estimate of Rs 287.67 crore

India imposes gold sales tax on top of record import duty

Arun Jaitley announced an excise duty of 1% on gold and diamond jewellery, says new duty will cut demand

Budget 2016: Excise levy to shut 80% unorganised jewellery units

IBJA says excise on jewellery will create more trouble for already starving industry

Gold climbs on positive global cues, jewellers buying

Imposition of 1% excise duty on articles of jewellery excluding silver proposed in in Budget 2016-17

Budget 2016: Arun Jaitley moots new commodity products, deeper corporate bond markets

A framework for an electronic platform for repo market in corporate bonds will be developed by RBI

Oil prices rise, signs mount that market is bottoming out

Analysts said after a 20-month rout prices fall by 70%

Oil rises on positive US data

Strengthened growth in top consumer the US will soak up a global supply glut that has weighed on markets

Silver futures down Rs 118 per kg on weak global cues

Analysts say a weak trend in precious metals in the Asian region led to the fall in silver prices in futures trade here

Gujarat's first spices quality evaluation lab to be operational by March

Facility will be functional by March end, will trace pesticides, illegal dilution and fungi, using advanced equipment

National agri market portal contract given to Nagarjuna Fertilizers

Online trading in 21 commodities on pilot bases to begin from April

Gur prices remain flat on scattered demand

Muzaffarnagar and Muradnagar gur markets also ended on previous levels on small buying support

Silver futures down by 0.3% on global cues

Participants cut down their bets amid a weak global trend