New Delhi : Economic reforms are expected to drive up gold demand in the country in 2018, feels Alistair Hewitt, Director for Market Intelligence with the World Gold Council. In an interview to business news channel BTVI, Hewitt said economic ...
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Feed SubscriptionCrude at $60 conducive to revenue growth: Air India CMD
By Rohit Vaid, New Delhi : Crude oil prices at around $60 per barrel is the “ideal” level for Air India to sustain its new-found revenue growth, the airline’s Chairman and Managing Director (CMD) Pradeep Singh Kharola said. When asked ...
Read More »‘Global merger of Bayer CropScience and Monsanto needs Indian approval’
By Vivian Fernandes, New Delhi : The global merger of Bayer CropScience and Monsanto cannot happen unless the Competition Commission of India (CCI) approves their merger in India, according to a top official of Bayer in India. Richard van der ...
Read More »Sugar remains sweet as prices dip
By Saurabh Katkurwar, New Delhi : There is good news for those with a sweet tooth. Sugar prices have fallen in the last one month and are expected to remain low for the coming months. The price of sugar in ...
Read More »Lower food prices pull December WPI inflation to a three-month low
New Delhi : Lower food prices pulled India’s annual rate of inflation based on wholesale prices to a three-month low of 3.58 per cent in December, official data showed on Monday. As per data furnished by the Ministry of Commerce ...
Read More »NCDEX starts first agri-options trading in guar seed
New Delhi : The National Commodity and Derivatives Exchange Ltd (NCDEX) on Sunday unveiled India’s first agri-commodity options in guar seed designed as a hedge for farmers to safeguard against price risks. The agri-options trading has been launched here by ...
Read More »NCDEX selects NetApp for data-driven business transformation
New Delhi : Online multi-commodity exchange National Commodity and Derivatives Exchange Limited (NCDEX) on Wednesday announced data storage and management company NetApp as its partner of choice for data-driven business transformation. In order to enhance customer experience, NCDEX has undertaken ...
Read More »Government hopeful of higher GVA in agriculture sector in 2017-18
New Delhi : Following release of the Advance Estimate (AEs) of GDP and GVA for the economy for 2017-18, the Ministry of Agriculture and Farmers’ Welfare on Sunday said that the agriculture sector is estimated to register a higher GVA ...
Read More »Sebi hikes transaction charges on commodity exchanges
Mumbai : Capital market regulator Securities and Exchange Board of India (Sebi) on Wednesday hiked the ratio between highest to lowest transaction charges in “the turnover slab” levied by Commodity Derivatives Exchanges. “The exchanges will ensure that the ratio between ...
Read More »Nutritious food should be promoted in PPP mode: Assocham
New Delhi : With India and its agriculture and food processing sectors facing grave nutritional challenges, industry chamber Assocham on Sunday suggested the government should adopt a two-pronged strategy based on the public-private partnership (PPP) mode to promote nutritious and ...
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