BONDS, CURRENCIES & COMMODITIES


MDT/PTI 06 September 2012
Gold prices for 99.9 and 99.5% purity spurted by Rs320 each to Rs32,300 and Rs32,100 per 10 grams on increased buying by stockists ahead of the marriage season    New Delhi: Gold prices on Thursday crossed the coveted Rs32,000-mark for the first time in the national capital, driven by...

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MDT/PTI 29 August 2012
Better rains in September will help in retaining soil moisture and support sowing of rabi crops and will benefit kharif crop as well   New Delhi: Rainfall during the next month is expected to be better as monsoon is unlikely to be influenced by El Nino weather pattern, helping rice...

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MDT/PTI 29 August 2012
While the difference between wholesale and retail prices of cereals and pulses appears to be less than 20%, in vegetables, the difference in prices is much higher   New Delhi: The difference between wholesale and retail prices of cereals and pulses appears to be less than 20%, Food...

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While it is encouraging to note that the government is committed to export 300,000 tonnes of wheat, the government does not maintain a buffer stock of pulses or oilseeds. An apex body should be set up for all-round development of these items Weather conditions continue to cause anxiety...

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MDT/PTI 17 August 2012
The FCRA Bill is considered essential for development of commodities futures trade as it aims to strengthen FMC by providing it financial autonomy   New Delhi: The Indian government on Friday once again deferred a decision on a Bill that seeks to give more powers to commodity markets...

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MDT/PTI 06 August 2012
The approvals would allow MCX-SX to expand its offerings in the currency derivatives segment by introducing currency options in the USD-INR currency pair   New Delhi: MCX Stock Exchange (MCX-SX) has said it has received approvals from market watchdog Securities and Exchange Board of...

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Moneylife Digital Team 03 August 2012
Natural gas, which had risen recently due to a hot summer in America, has crashed on reports of record reserves in the US, increased supplies, weak demand and economic uncertainties The US Energy Information Administration (EIA) recently reported that the US natural gas stocks rose by a...

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Moneylife Digital Team 03 August 2012
Mario Draghi, the European Central Bank chief, failed to live up to his promises which has sent select commodities, especially natural gas reeling in disappointment   European Central Bank (ECB) chief Mario Draghi has disappointed investors yesterday despite all the bold talk of...

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MDT/PTI 03 August 2012
During FY13, coal imports are expected to increase further and the gap between demand and domestic production is estimated to be 148 MMT. If the average price is Rs7,000 per metric tonne, it works out to be around Rs1 lakh crore market per annum, the Spot Exchange said   Mumbai:...

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MDT/PTI 02 August 2012
At 3.48% above the US treasuries, Exim Bank's bond issue beats the $1.25-billion bond sale that State Bank of India sold at 3.75% over the US government bonds, and makes it the cheapest ever five-year money raised by a domestic financial institution till date   Mumbai: The Exim Bank...

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MDT/PTI 30 July 2012
SEBI said it decided to extend ASBA facility in order to facilitate a system for making online applications for public issue of debt securities Mumbai: Market regulator Securities and Exchange Board of India (SEBI) has allowed online subscription of bonds, a move that will reduce...

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MDT/PTI 26 July 2012
At 3.75% over the treasuries, this is one of the lowest coupons amongst the five-year issues. SBI also plans to list the bonds on the Singapore Exchange    Mumbai: The nation's largest lender State Bank of India has raised $1.25 billion (around Rs7,000 crore) from an overseas...

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MDT/PTI 26 July 2012
The commodity market regulator has doubled the deposit money that a trader is required to keep with exchanges for trading in turmeric following unusual price movement   New Delhi: Commodity market regulator, Forward Markets Commission (FMC), today said it would not allow traders to...

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Moneylife Digital Team 05 July 2012
Measures to woo FIIs to buy government securities to strengthen the rupee have misfired. But FIIs have in fact made the rupee stronger—by pouring money into the equity market   The government’s landmark $10 billion auction of government securities (G-Secs) turned out to be a flop,...

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MDT/PTI 03 July 2012
The rupee moved past 55 level against the US dollar for the first time in nearly six weeks The rupee gained a massive 105 paise to move past the 55 level against the dollar for the first time in nearly six weeks on sustained capital inflows amid government measures to revive the economy,...

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MDT/PTI 03 July 2012
A successful bond offering by SBI could be followed by at least two other banks, ICICI Bank and Indian Overseas Bank looking to raise funds through US dollar bonds   New Delhi: State-run lender State Bank of India (SBI) is planning to raise up to $2 billion in overseas borrowings...

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MDT/PTI 02 July 2012
The NDS-OM is an electronic, screen based, anonymous, order driven trading system for dealing in government securities   Mumbai: The Reserve Bank of India (RBI) has introduced Internet-based platform for trading in secondary market of government securities for gilt account holders,...

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World coffee production is estimated at 138 million bags in 2011-12 coffee year (October- September), while that for 2012-13 is forecast at a record 148 million bags New Delhi: Global coffee production is expected to rise by 7% to record 148 million bags in 2012-13 coffee year, beginning...

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Moneylife Digital Team 28 June 2012
Coffee World coffee exports declined by nearly 12%, year-on-year (yoy), to 8.77 million bags in April this year, International Coffee Organisation (ICO) has said. For the 12 month period ending April 2012, total coffee shipments were down at 101.99 million bags as against 103.35 million...

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Moneylife Digital Team 28 June 2012
Currently, MCX copper futures are back to the lows it reached in January 2012. As of 7 June 2012, copper futures were quoting at Rs411/kg, which is less than the price at start of the year. Copper prices have been falling due to low demand. Despite the People’s Bank of China cutting borrowing...

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