Inflation fears may delay CTT
The implementation of the commodities transaction tax (CTT)
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ATF futures launched
Leading commodity exchange MCX has started trading in Aviation Turbine Fuel (ATF)
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Commodities outperform equities by 40% in H1
Commodities have emerged as the top performing asset class in the first six months
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Power trading takes off on IEX
Led by rising disparity in the demand and supply equation in the power sector,
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FTIL to set up comex in Singapore
MCX-promoter Financial Technologies (FTIL) has announced the setting up of Singapore
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Reliance Money to pick up 26% stake in NMCE
Anil Dhirubhai Ambani Group (ADAG)-promoted Reliance Money has entered into
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Copper mine output to grow by 5%
The global copper mine production will grow at an average rate of 5.2 per cent
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Guar cultivation higher in Haryana
The area under guar seeds in Haryana, the country’s second largest producer,
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Maize exports banned
The government has banned maize exports till October this year.
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Wheat yield may slip 0.45 tonnes/ha in 10 years
Wheat production is likely to ease 0.45 tonnes a hectare in 10 years
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Maharashtra pulses acreage slumps
Sowing of kharif pulses in Maharashtra has come down by 92 per cent
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Cotton import duty cut to zero
The central government has decided to remove the import duty on cotton from the current 14 per cent to zero per cent.
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Mentha oil output likely to fall
Mentha oil output may fall this year due to heavy rains in the eastern part of Uttar Pradesh
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S. Korea to raise base metal reserves
The South Korean government has announced plans to raise its base metals stockpiles in the face of increasingly tight
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Global commodities prices to rise further this year
Global Insight (USA) Inc. economists predicts oil, food and raw materials costs will continue to rise through the first six months of 2009
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Crude touches yet another high
Crude oil jumped by $5 to touch a new record high of $147 a barrel at the back of supply concerns
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June gold imports fall 67%
India’s gold imports in June fell by 67.6 per cent year-on-year as high prices
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Govt`s rice purchases may fall short of target
The government may fall short of achieving the rice procurement target of 27.5 million tonnes
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States may offtake pulses cheaper
State governments may soon be able to offtake pulses at cheaper rates for distribution at reasonable prices.
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Soymeal exports soar 160% in Q1
Soybean meal exports from the country in the first quarter of the current financial year have jumped by 160 per cent at 1.09 million tonnes as against 0.41 million tonnes
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Foodgrain output up 6% in FY08
The country has produced record wheat, rice, pulses and oilseeds in 2007-08, according to the fourth advance estimates of foodgrains
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