BONDS, CURRENCIES & COMMODITIES


MDT/PTI 27 June 2012
After RBI increased the limit of FII investments in government debt and initiated other steps, SEBI will hold a special auction on 4th July for foreign institutional investors   Mumbai: Market regulator Securities and Exchange Board of India (SEBI) said a special auction of debt...

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Vidur Pendharkar 26 June 2012
There is a strong likelihood of soyabean topping out before end of August 2012 in the price range between Rs3,850 andRs4,100. Thus, it would be prudent to exit longs in soyabean in any further rise even though it’s in a “new high” territory Soyabean close: 3,746 (23/06/2012)

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MDT/PTI 22 June 2012
Kerala government is planning to float Pravasi Development Bonds for attract investments from non-resident Indians for the state's development projects Thiruvananthapuram: Kerala government plans to float Pravasi Development Bonds with a view to attract investments from non-resident...

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While equity markets are rallying on hopes, copper prices, which signifies actual economic expansion, is subdued – even after China’s rate cut. Should equity markets be worried?   Copper is called the metal with PhD because it is the bellwether for economic activity. The metal is widely...

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Moneylife Digital Team 10 May 2012
The government should remove tax deduction at source (TDS) for bonds floated by companies to strengthen the corporate bond market, Confederation of Indian Industry (CII) said. “The debt market plays a pivotal role in emerging economies which require huge amounts of capital and resources to...

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Moneylife Digital Team 08 May 2012
Powerful traders, who indulged in malpractices, neither have any fear of the FMC, nor are they bothered by the fine that can be imposed upon them, which has caused irregulatities of about Rs4,000 crore, the parliamentary panel said Nagpur: A Parliamentary Committee on Food, Consumer...

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Moneylife Digital Team 07 May 2012
Gold jewellers and traders were on 22 days strike from 17th March, demanding roll back in the excise duty. After much deliberation the finance ministry has rolled back excise duty imposed branded and unbranded gold jewellery announced in the union budget. The decision has gone down well...

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Moneylife Digital Team 02 May 2012
According to industry experts, despite additional export for the 2012-13 sugar season beginning October, the industry will start with a carry over stock of over 5 MT India’s sugar production has reached 25.1 million tonne (MT) till April 2012, an increase of around 2.5 MT as compared to...

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Moneylife Digital Team 26 April 2012
To mark the completion of two years of launch of ‘e-Gold’, the National Spot Exchange (NSEL) has extended the facility of physical conversion of e-Gold units to 1gm gold coins. This is in addition to the existing delivery denomination options available in 8gm, 10gm, 100gm and 1kg lots.

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Moneylife Digital Team 11 April 2012
Due to the dip in domestic demand and surplus production, cotton traders want the export ban lifted The government, on Monday, announced that it won’t allow additional cotton exports during the current marketing year, after reviewing the current domestic consumption pattern. However,...

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Moneylife Digital Team 09 April 2012
Assocham, a lobby of multinationals has alleged the manipulation in price and fraud in guar gum is benefiting a few rouge traders while thousands of genuine traders, hedgers, exporters and farmers are losing their money at the commodity exchange Associated Chambers of Commerce and...

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Moneylife Digital Team 05 April 2012
Gold prices fell to its three-month low, on Wednesday, after the latest US FOMC minutes, released on Tuesday showed that the Fed may not resort to further quantitative easing. The ongoing strike by jewellers in India, biggest buyer of physical gold, has also hit gold in the recent weeks

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Moneylife Digital Team 03 April 2012
ISMA says has urged the government to allow a fourth tranche of 1.5 MT sugar export before sugar production from Brazil, the largest producer of sugar, is made available in the international market The total sugar production in the country, as on 31st March stands at around 23.3 million...

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Moneylife Digital Team 23 March 2012
While onion prices could rise from June, experts highlight the urgent need for government intervention to safeguard the interest of the farmers Thanks to record production, onion growing farmers in Maharashtra are reeling under losses due to crashing prices in the wholesale markets....

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Moneylife Digital Team 02 March 2012
If we are able to increase the yield, we would be a self-sufficient nation. Farmers would also continue growing pulses rather than shifting to other remunerative crops,” Bimal Kothari, vice-president, IGPA said The Indian Pulses and Grains Association (IPGA) has sought to increase the...

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Moneylife Digital team 16 February 2012
Brian Clancey of STAT, which also tracks global pulses prices and forecasts global production levels, said that India’s pulses production apparently is up this year. But whether India will be able to sustain the high level of production is a question Pulses production in India is likely...

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Moneylife Digital Team 16 February 2012
The turnover of the 21 commodity exchanges in the country was up 63% at Rs144.31 trillion as on 15 January 2012 of the current fiscal due to increased trade in gold, silver and some farm items like guar seed. The maximum trade was seen in gold, silver, guar seed, crude oil, soy oil and chana.

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Alekh Angre 10 February 2012
“As per government estimates, total production for last year was 18.2 million tonnes. This year we expect a marginal decline and estimate total output of around 17 million tonnes,” says Bimal Kothari, vice-president of the India Pulses and Grain Association Despite fall in the production...

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Moneylife Digital Team 21 January 2012
The commodities market in silver showed some signs of life by suddenly moving up 5.4% on 20 January 2012. Last year, silver exhibited one of its most volatile movements in recent times with a sharp parabolic movement that saw the price shoot up from $30 per ounce to reach a high of $48...

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