AGRI-BIZ & COMMODITIES
NCDEX deploys 500 VSATs for online commodity trading
NATIONAL Commodity and Derivatives Exchange (NCDEX) has achieved a milestone by deploying 500 VSATs across 127 centres in the country, enabling over 250 of its members to undertake online commodity trading. As a part of this project, HCL ...
Time to invest in commodities: Experts
FROM a macro perspective, commodities are approaching that phase of the global economic cycle when the asset class should be at its most attractive; and there is a strong case for investors to diversify into commodities, according to Barclays ...
Chidambaram to make field visits to monitor farm credit flow
THE Finance Minister, Mr P. Chidambaram, has decided to make field visits for on-the-spot review of the progress in disbursement of agricultural credit soon after the presentation of the general budget. Attaching the highest priority to ...
Farm credit viable only if given on time: Nabard chief
AGRICULTURAL credit is a viable proposition, provided timely credit is given to farmers, said Ms Ranjana Kumar, Chairperson, National Bank for Agriculture and Rural Development (Nabard). Delivering a lecture on `Visions that inspire people and ...
Tea import bill up by Rs 9 crore
THE Tea import bill has gone up by Rs 9 crore in the first four months of this year compared to the same period of last year. According to the Tea Board, the unit price of imported tea was lower by Rs 1.46 a kg to Rs 57.54. This led more teas ...
Palm oil futures may consolidate
MALAYSIAN crude palm oil futures on MDEX closed lower on Friday unable to sustain gains made during the day. A stronger close in overnight Chicago soya oil provided psychological support but profit taking erased all the gains made during the day. ...
Base metal prices likely to rise in Q4
BASE metal prices have declined after peaking in April, but a strong upside for prices seems to be in evidence as global economic growth prospects, low inventories and a deficit base metal market combine. Base metal prices that have retraced ...
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