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Freight rates moves NEW DELHI, Dec 30: Freight rates for the nine metric tonne pay load section weakened on the local truck transport.........more Gur
closes quiet in NEW DELHI, Dec 30: Gur prices remained flat on the wholesale gur (jaggery) market today following adequate supply to meet the restricted demand .......more Sugar
slips further NEW DELHI, Dec 30: Sugar prices continued to lean down on the wholesale sugar market for the third consecutive day here today on selling by millers .......more Residue
wax NEW DELHI, Dec 30: In limited deals, residue wax prices declined on the wholesale chemicals market today due to increased industrial offtake and ........more |
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Black pepper remains NEW DELHI, Dec 30: Black pepper prices firmed on the wholesale kirana market today on the back of exporting demand .......more Almond
kernel NEW DELHI, Dec 30: Almond kernel prices strengthened in thin trading on the wholesale dry fruit market today on better retailers offtake and closed in positive zone.. ......more Select
base metal eases NEW DELHI, Dec 30: Select base metals softened on the wholesale non-ferrous metal market today on reduced industrial .. ......more Low
density polymer NEW DELHI, Dec 30: Low density polymer prices improved in the wholesale plastic market today on fresh demand from plastic carry bag manufacturers and ended a shade higher.Elsewhere, other polymers moved in a tight . .........more |
Freight rates moves down on less cargo movements NEW DELHI, Dec 30: Freight rates for the nine metric tonne pay load section weakened on the local truck transport market here today following excess availability of lorries in the face of less arrivals of cargo. Transporters said less movements of cargo against better availability of lorries mainly pulled down select destinations freight rates. Delhi to Kanpur, Kolkatta and Chandigarh freights dipped by Rs.500 each at Rs.7,500, Rs.21,000 and Rs.5,500 respectively. Rates to Mysore, Banglore and Coimbatore freigths too moved down by Rs.500 each at Rs.30,000, Rs.28,000 and Rs.38,000 respectively. Mumbai and Pune freights also eased by Rs.500 each at Rs.16,000 and Rs.17,000 respectively. Following were today's freight rates per truck load of nine metric tonne: Ahmedabad 9,500 Hyderabad 21,000 Mumbai 16,000 Vijayawada 23,000 Baroda 10,000 Bangalore 28,000 Pune 17,000 Mysore 30,000 Surat 10,500 Pondicherry 40,000 Kanpur 7,500 Coimbatore 38,000 Kolkata 21,000 Chennai 37,000 Ludhiana 8,500 Kochi 40,000 Chandigarh 5,500 Thiruvananthapuram 45,000 Jaipur 3,500 Goa 22,000 Indore 12,000 Gwalior 6,000 Patna 19,000 Guwahati 38,000 (PTI) |
Gur closes quiet in thin trade NEW DELHI, Dec 30: Gur prices remained flat on the wholesale gur (jaggery) market today following adequate supply to meet the restricted demand and settled at previous levels. Marketmen said sufficient ready stocks against limited demand mainly kept the gur prices around overnight levels. The similar trend prevailed at Muzzafar Nagar and Murad Nagar market, there also prices after moving in a tight range finished around yesterday's levels. Following were today's quotations: Chakku 1250-1275, Pedi 1250-1300 and Dhayya 1300-1325 Shakkar 1400-1450 and Khandsari 1650-1700. In Muzzafar Nagar: Raskat 900-950, chakku 1125-1175 and Khurpa 1100-1125. In Murad Nagar: Pedi 1150-1175, Dhayya 1150-1175. (PTI) |
Sugar slips further on poor offtake NEW DELHI, Dec 30: Sugar prices continued to lean down on the wholesale sugar market for the third consecutive day here today on selling by millers against restricted buying and closed with further losses. Marketmen said lack of buying interest among stockist and traders mainly pulled down sugar prices further. They said new stocks arrival created ample stocks position and helped in pulling down prices to some extent. At wholesale market, sugar ready medium and second grade prices lost from Rs.1685-1760 and Rs.1675-1750 to close at Rs.1675-1750 and Rs.1665-1740 a quintal respectively. Mill delivery medium and second grade prices too fell from Rs.1560-1630 and Rs.1550-1620 to settle at Rs.1550-1620 and Rs.1540-1610 a quintal respectively. Among millgate, Mawana, Modi Nagar and Daurala eased to conclude at Rs.1610, Rs.1600 and Rs.1605 a quintal respectively. Following were today quotations in rs. Per quintal. Sugar ready M-30 1675-1750 and S-30 1665-1740. Mill delivery M-30 1550-1620 and S-30 1540-1610. Sugar mill gate prices (excluding duty): Modi Nagar 1600, Bagpat 1585, Daurala 1605, Chandpur 1570, Titabi 1615, Mawana 1610, Simbhawali 1610, Khatauli 1605, Badaiu 1560, Sattha 1600, Ruderavilash 1570, Bijnor 1570 and Amroha 1575 and samali Rs 1630. (PTI) |
Residue wax up on industrial demand NEW DELHI, Dec 30: In limited deals, residue wax prices declined on the wholesale chemicals market today due to increased industrial offtake and closed higher. Elsewhere, prices of other chemicals continued to trade in a tight range and settled around previous levels. Traders said increased industrial offtake against limited arrivals mainly pushed up residue wax prices. Residue wax prices quoted higher at Rs.25,000 against last closing of Rs.24,000 per tone. Following were today's quotations: Ammonia bicarb (25 kg) 280 Ammonium chloride (50 kg) 760-1250, acetic acid (1 kg) 42, boric acid technical (50 kg) 2,900-3,050, borex granular (50 kg) 1300-1400. Caustic soda flake (50 kg) 1,270 citric acid (50 kg) (China) 2,500-2,600 citric acid deshi (50 kg) 2,500-2,900, camphor slab (1 kg) 170-175, camphor powder (1 kg) 165, glycerine (1 kg) 57-59, hexamine (1 kg) 78, hydrogen peroxide (1 kg) 31-32, mercury (34.5 kg) 34,000, menthol bold crystal (per kg) 830, menthol flake (1 kg) 800 and Mentha oil (1 kg) 660. Paraffin wax (50 kg)Iran 2500-2550 paraffin wax (50 kg)China 2925-3150 paraffin wax (50 kg) indian 3175 press wax (p tonne) 14,000 residue wax (p tonne) 25,000 soda ash (50 kg) (tata) 750 soda ash (50 kg) (dcw) 740 soda ash (50 kg) (gujarat) 740 soda ash (50 kg) (birla) 740 Sodium Nitrite (50 kg) 1500-1600 Sodium silicate (Qtl) 1000-1100 stable bleaching powder (shriram) (25 kg) 315 stable bleaching powder (chambal) 300 stable bleaching powder (modi) 320 tartaric acid france (1 kg) 380 thymol (1 kg) 565 titanium dioxide (ttk) (1 kg) 90 titanium dioxide (k-brand) (1 kg) 85 titanium dioxide (china) (1 kg) 80 titanium dioxide (TR-92) 130 titanium dioxide (rc-822) (1 kg) 130 oxalic acid (pcpl-red) 50 kg 2100 oxalic acid (pcpl-blue)50 kg 1725 Zinc oxide (kg) 148 (PTI) |
Black pepper remains firm on exporters' demand NEW DELHI, Dec 30: Black pepper prices firmed on the wholesale kirana market today on the back of exporting demand amidst tight stocks and closed with good gains. Traders said increased export demand against tight stocks mainly led to rise in black pepper prices. Black pepper golden spurted to close at Rs 11,100-11,200 per quintal on paucity of stocks. Elsewhere, other spices continued to move in a tight range in scattered buying or selling and settled around previous levels. Following were today's quotations (in Rs per quintal): Ajwain 4,000-6,200, black pepper golden Rs 11,100-11,200 Betelnut (kg) 95-110, cardamom brown (Jhundiwali) Rs. 11,500-11,600 cardamom brown (Kanchicut) Rs 12,800-17,000. Cardamom small (kg): Chitridar 170-280, cardamom (colour robin) 250-255, cardamom bold 260-280, cardamom extra (bold) 335-355 and cloves (kg) 230-270. Chirounji (new) (kg) 230-290 Dry mango 2,600-8,500 Dhania 3,500-5,500 Dry ginger 5,500-7,500 Kalaunji 8,000-9,500 Mace-Red (kg) 445-460 Mace-Yellow (kg) 440-450 Methiseed 2,900-4,300 Makhana (per kg) 115-150 Netmeg 220-230 Poppyseed (KG Turkey) 202 Poppseed (KG MP-RAJ) 205-215 Poppyseed (KG U.P.) 175-180 Red chillies 3,000-8,000 Soya bari pariwar (20 kg) 350-400 Saffron (kg) Irani 36,000-37,000 Saffron (kg) Kashmiri 44,000-50,000 Soanf 8,000-10,500 Turmeric 2,450-3,850 Tamarind 1,000-1,600 Tamarind without seed 2,500-3,800 Tea (kg) 70-120 Watermelon kernel 7,800-7,900 Jeera common 8,600-8,900 Jeera dollar 8,800-8,900 (PTI) |
Almond kernel strengthens in thin trade NEW DELHI, Dec 30: Almond kernel prices strengthened in thin trading on the wholesale dry fruit market today on better retailers offtake and closed in positive zone. Elsewhere, other dry fruits moved in a narrow range in limited deals, settled around previous levels. Marketmen said select demand from retailers mainly pushed up almond kernel prices. Almond kernel prices remained firm at Rs.400-401 from Rs.399-400 a kilo. Following were today's quotations per 40 kgs bag: Almond (California)new 11,000 Almond (gurbandi) 5,900 Almond (girdhi) 3,700, Almond kernel (california)400-401, Almond kernel (gurbandi) (kg) 380-425 and Abjosh Afghani 7,000-16,000. Chilgoza raw-new (1 kg) 425 chilgoza (roasted) (1 kg) 670 cashew kernel 1 kg (no 180) 430-460 cashew kernel (no 210) 355-360 cashew kernel no.(240) 300-320 cashew kernel (no 320) 250-260 cashew kernel broken 2 pieces 150-195 cashew kernel broken 4 pieces 155-180 cashew kernel broken 8 pieces 150-160 copra (qtl) 4,600-4,900 coconut powder (25 kg) 8,50-1,750 dry dates red (qtl) 2,400-5,000 fig 4,500-10,000 kishmish kandhari local 6,000-6,500 kishmish kandhari special 12,000-16,000 kiahmish indian yellow 2800-4200 kishmish indian green 3,500-6,200 pistachio Irani 500-525 pistachio Hairati 500-530 pistachio Peshawari 550-580 pistachio dodi (roasted) 395 walnut new 90-150 walnut kernel new (1kg) 200-350. (PTI) |
Select base metal eases on reduced offtake NEW DELHI, Dec 30: Select base metals softened on the wholesale non-ferrous metal market today on reduced industrial offtake amidst lower overseas advices and closed in negative zone. Traders said apart from lower advices from overseas markets, reduced industrial offtake mainly helped select base metal prices to decline. Tin ingot and zinc slab prices quoted lower at Rs.553.00 and Rs.223.00 against last close of Rs.555.00 and Rs.225.00 per kilo respectively. Following were today's quotations per kilo: Tin ingot 553, solder (40 per cent) 180, Nickle plate (4x4) 1905-2005, Nickel (9x9) 1905 Nickel (4x24) 1905-1930, zinc slab 223.00, dross 140, cadmium plate 174, Rod 151-154, antimony (china) 260, gun metal scrap 155, Bell metal scrap 150, copper wire scrap 305, copper super d rod 355, copper wire bar 330, copper mixed scrap 285, C.C rod 328, Utensil scrap 90, Mixed scrap 327, Chadripital 145, brass sheet cutting 105.50, bullet scrap 97, bharat scrap 208, accessories scrap 209, brass boring 77-78, brass radiator scrap 82 and huny scrap 97.50. Lead ingot deshi soft 62, hard 67.00, Lead imported 77-82, ingot 107, Aluminium rod 145, sheet cutting 132, aluminium wire scrap 130 and Aluminium utensils scrap 123. (PTI) |
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Low density polymer up on fresh demand NEW DELHI, Dec 30: Low density polymer prices improved in the wholesale plastic market today on fresh demand from plastic carry bag manufacturers and ended a shade higher. Elsewhere, other polymers moved in a tight range on lack of buying support, settled around previous levels. Traders said fresh enquiries from plastic carry bag makers' mainly pushed up low density polymer prices. LD No 40 and LD No 400 were quoted higher at Rs.86.00 and Rs.88.00 against last closing of Rs.85.50 and Rs.87.50 per kilo respectively. Following were today's quotations per kilo: LD No 40 - 86.00, LD No 400 - 88.00, LDP blowing 76.00, colour 67.50 HD Blowing 77, HD moulding (deshi) 74.00, HD moulding (colour) 79.00, PP No 100 76, PP Colour 81, ABS (Indian) 95,acrylic 120-130, colour 139-144, crystal (Indian) 75, colour 82, poly carbonate 180-190, Nylon No-6 159, Nylon No 66 -180-190, PVC resin deshi 54.00, PVC pest grade 85, imported n.a. (PTI) |
Approach Paper, energy policy keep Plan panel busy in 2006 NEW DELHI, Dec 30: Renewed thrust on inclusive growth, going full throttle on laying a roadmap for economic development for the next five years and the controversy on fiscal prudence on funding social sector programmes characterised the Planning Commission in Circa 2006. The year saw the National Development Council approve the Commission's Approach Paper for the 11th Plan, which proposes a target of an average 9 per cent GDP growth during 2007-12. In the Paper, the plan panel strongly advocated for more broad-based and inclusive growth with a view to reduce poverty, create employment and target robust agriculture growth at 4 per cent per year. The key to achieve inclusive growth as providing basic facilities such as health, education and clean drinking water to the vast majority, it said. Prime Minister Manmohan Singh also admitted that large segments of the population remain untouched by the rapid changes taking place in many parts of the country. The plan panel recognised that the targets proposed for the 11th Plan were ambitious and required appropriate policies and increased expenditure in critical areas. The priority areas were shortlisted as agriculture, irrigation, health and schemes for the backward sections of the population. The year also saw the Commission engage in one of the most-publicised spat with Finance Ministry over Fiscal Responsibility and Budgetary Management (FRBM) Act. The two agencies got into a tug-of-war about postponing the deadlines set in the FRBM Act by a couple of years for channeling more resources to the social sectors. (PTI) |
IPO scam, corporate governance filled SEBI's platter in 2006 MUMBAI, Dec 30: With stock markets booming and Sensex reaching near 14,000 level as 2006 draws to an end, regulator SEBI is widely expected to push investor protection fund and work toward bringing small and medium enterprises into the capital market to promote equity culture in the new year. Also in an effort to provide an alternative to investors, the Securities and Exchange Board of India (SEBI) initiated steps to widen the debt market and the fledgling corporate bond market in the year gone by. This follows a directive from the Prime Minister in October for putting in place policy measures to deepen and widen the debt market as part of financial sector reforms. The market regulator had an eventful 2006 as it put pressure on corporates to improve governance by making it mandatory to have at least fifty per cent independent directors on their board. The year saw SEBI unearthing an IPO Scam and passing strictures against several broking firms and the depositories. It also took corrective action to ensure that such scams don't recur by launching a surveillance system on December 1. At the fag end of the year, Association of Mutual Funds in India, as per SEBI directions, introduced a unique Mutual Fund Identification Number to be used from January 1 for fresh investments above Rs 50,000 in Mutual Funds. SEBI took several initiatives to energise the market in 2007 including the unified reporting platform for the corporate debt market (CDM), guidelines for gold and real estate mutual funds and 49 per cent foreign investment in the stock exchanges in a bid to enable BSE to demutualise by middle of 2007. (PTI) Rs 800 cr on training programmes this year BANGALORE, Dec 30: In order to meet the huge demand for skilled manpower, software major Infosys has said it will be spending Rs 800 crore on training programmes this year. "The IT industry is committed to creating one lakh jobs. There are more than five lakh jobs available in Karnataka in various sectors, but finding skilled labour is a problem," Infosys Director (HRD) T V Mohan Das Pai said today. Pai was speaking at the launch of an 'on job' training programme for youth initiated jointly by Infosys and Karnataka government. As part of the programme, Infosys today held a written test and interview for 500 graduates who hail from Kolar and Bangalore city to select them for placements in the company. Asserting that Infosys has an obligation to the state, Pai said: "We want more and more locals to be there. It is a challenge. Of the 30,000 persons Infosys would recruit this year, about 9,000 will be from Karnataka," he said. In this context, Pai suggested that there be a national skill development programme to train young people and asked Karnataka to invest at least Rs 150 crore on the programme next year. Infosys is working with the state's social welfare department to pick 500 engineers and depute them for training at IIT Bangalore. "Karnataka has the potential to create 10 lakh jobs in the coming five years," Pai observed. (PTI) |
Iron ore deposit in Orissa inadequate: Expert BHUBANESWAR, Dec 30: The 3.79 billion tonnes of iron ore deposits currently with Orissa may not be enough to meet the growing industrial requirement of the state in future, a top geologist has said. The state needs to develop a new technology for harnessing low grade ore available in the region to meet its requirements, Geological Survey of India (GSI) Director General P M Tejale said. Altogether, the iron ore deposit in the state is about 5.4 billion tonnes. There would be a need to augment the present resource base in view of the huge investment proposed in the steel sector in Orissa, Tejale said. The state government has so far signed 45 MoUs with steel manufacturers, which include proposals for mega projects by leading steelmaker Arcelor Mittal and South Korean giant Phang Steel Company Ltd (POSCO). The two companies had proposed to set up projects of 12 million tonne capacity each at a combined investment of Rs 92,000 crore. (PTI) |
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