Duty hike, which brought down the demand for gold in the first quarter of 2012, became a main catalyst in Q1, 2013 in pushing it up by 27 per cent.
India's biggest cigarette maker, ITC Ltd may beat Jan-March earnings consensus forecast when it reports results later in the day, according to Thomson Reuters StarMine data.
StarMine's SmartEstimates, which places
Absence of fresh orders and high carryover stocks are two of the several factors casting a shadow over the turmeric market in India, the largest producer, consumer and exporter of the yellow spice, accounting for nearly 60 per cent of world exports.
- May10By Reuters
Gold futures edged lower on Friday, but still stuck in familiar trading range, though demand from physical buyers was down compared with last week amid limited supplies ahead of a
Seasonal supply pressure over the past two to three weeks has led
to a sharp downfall in the prices of chana. Late harvesting of most kharif crops led to a delay in the sowing of chana that normally begins in October.
Both demand and supply do not support guar prices, but hope of relaunching futures trading has built up positive sentiments in the market.
The Reserve Bank of India on Friday tried to further restrict the domestic consumption of gold by imposing restrictions on the financing by banks for gold imports.
- May01By Bloomberg
Gold holdings in exchange-traded products (ETPs) plunged 174 tonnes last month, the biggest drop ever, as prices entered a bear market and wiped $17.9 billion from the value of
- Apr29By Reuters
Gold futures in India, the world's biggest buyer of the metal, edged higher on Monday, still near the highest level in two weeks, discouraging importers seeking to stock up for
Sugar prices have remained in bear grip since the onset of the sugar year 2012-13 (October- September).
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