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York-New Delhi nonstop flight NEW YORK, Feb 9: National carrier Air-India has become the first airline to offer a direct New York-New Delhi flight, after it .....more' Nath to visit Chicago for India-US Trade Policy Forum meet WASHINGTON, Feb 9: Commerce and Industry Minister Kamal Nath will visit Chicago for a meeting of the India United l ...more Morgan Stanley denies reports on BPO unit sale MUMBAI, Feb 9: US investment bank Morgan Stanley today said it has no plans to sell its Indian BPO operations, Morgan Stanley Advantage Services ......more Jeera prices decline on fresh supply NEW DELHI, Feb 9: Jeera prices slipped by Rs 100 per quintal in the wholesale kirana market today on increased arrivals from Rajasthan against poor demand.However, prices of other commodities moved in a narrow range in .....more |
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Steel prices remain flat NEW DELHI, Feb 9: Steel prices remained quiet in the local iron and steel market here today on scattered buying interest against restricted supply......more Raising prices up on poor supply NEW DELHI, Feb 9: In thin trading, prices of kishmish Indian yellow and green drifted by Rs 200 each per 40 kg in the wholesale dry fruits market today on revival of buying against poor supplies.......more Caustic soda slips on lack demand NEW Delhi, Feb 9: Prices of caustic soda flake slipped by Rs 10 per 50 kg in the wholesale chemical market today on lack of buying support from consuming units against fresh arrivals......more Sugar remains weak on ample supply NEW DELHI, Feb 9: Sugar prices declined in the range of Rs 10-30 a quintal in the wholesale sugar market today due to sluggish demand from retailers and bulk consumers against ample supply.Marketmen said ample supply against lack ....more |
Air-India launches direct New York-New Delhi nonstop flight NEW YORK, Feb 9: National carrier Air-India has become the first airline to offer a direct New York-New Delhi flight, after it launched nonstop services between the two cities. The aircraft left John F Kennedy International Airport here for the Indian capital around 5 pm last evening and it is scheduled to arrive in New Delhi around 5 pm today. Earlier, the flight had departed from New Delhi at 3 am on Thursday and arrived at JFK Airport at shortly before 6 am yesterday. The nonstop 14-hour service (AI-101/AI-102), expected to cut travel time between the two cities markedly, is said to redefine air travel. This new service contains better and expanded passenger amenities. The aircraft is equipped with the latest in-flight features, including on-demand audio and video entertainment in each seat. The 238-seat Boeing 727-200LR aircraft has eight seats in First Class, 35 in Executive Class and 195 seats in Economy Class. Last year, the air carrier launched a nonstop service between Mumbai and New York on August 1, 2007. Also, the airline offers direct US-India service from Newark (New Jersey), Toronto, Chicago and Los Angeles. ''India enjoys one of the fastest growing economies in the world, attracting visitors and major international investment in record numbers. We are increasing nonstop service to meet the rising demand for more convenient travel to India,'' Air-India's Regional Director P S Rajagopal said. We are also proud to be invited to join the Star Alliance Network, which will allow us to significantly enhance the quality of our service and diversity of destinations we can offer our customers, he added. (UNI) Nath to visit Chicago for India-US Trade Policy Forum meet WASHINGTON, Feb 9: Commerce and Industry Minister Kamal Nath will visit Chicago for a meeting of the India United States Trade Policy Forum, to be organised on February 20-21. US Trade Representative Susan Schwab will co-chair the event, where parties will deliberate upon key areas of agriculture; innovation and creativity, including the IPR-related issues; investment; services; and tariff and non-tariff barriers. The meeting will also review the progress made since the last the meeting in April 2007 in New Delhi. "In keeping with the decision taken by the two ministers at the last meeting to expand economic and commercial cooperation between their SME sectors, the first ever Indo-US SME Summit would be held in Chicago to coincide with the TPF meeting with the objective of enhancing cooperation between Indian and US SMEs, especially in the manufacturing sector," the Indian Embassy has said in a statement. A 60-plus strong delegation of India companies is expected for the summit, which will be organised by FICCI in cooperation with the Indian Commerce Ministry, Chicago Council on Global Affairs and United States-India Business Council. "Chicago and mid-western states of US, which together form the manufacturing hub of the US, can play a special role in exploiting the synergies (between the two countries)... The goal of the SME summit is to catalyse and facilitate such cooperation," the statement said. Schwab and Nath would jointly inaugurate the summit. Both Nath and Schwab will also be interacting with the Private Sector Advisory Group (PSAG), which they decided to set up at the last TPF meeting. The PSAG had first met in New York in September 2007. (PTI) Morgan Stanley denies reports on BPO unit sale MUMBAI, Feb 9: US investment bank Morgan Stanley today said it has no plans to sell its Indian BPO operations, Morgan Stanley Advantage Services (MSAS). "Morgan Stanley has no plans to sell (the BPO unit) and confirms that it remains fully committed to MSAS which is a successful and important component to its business globally," the investment banking firm said in a statement here. Based at Goregaon in Mumbai, MSAS supports Morgan Stanley’s institutional securities businesses worldwide. There were reports in the media that the company has put the unit on the block. (PTI) |
Jeera prices decline on fresh supply NEW DELHI, Feb 9: Jeera prices slipped by Rs 100 per quintal in the wholesale kirana market today on increased arrivals from Rajasthan against poor demand. However, prices of other commodities moved in a narrow range in scattered deals and closed on a flat note. Jeera common and dollar fell by Rs 100 each to Rs 10,100-11,500 and 10,400-10,500 per quintal respectively, on fresh arrivals from Kota in Rajasthan. Traders said fresh arrivals from Rajasthan coupled with excess stock position, mainly pulled down jeera prices. Following were today's quotations (in Rs per quintal): Ajwain 5,000-7,500 Black pepper common 15,000-15,200 Betelnut (kg) 105-115, cardamom brown (Jhundiwali) 15,200-15,300 and cardamom brown (Kanchicut) 17,000-20,000. Cardamom small (kg): Chitridar 480-570, cardamom (colour robin) 620-640, cardamom bold 640-660, cardamom extra (bold) 680-700 and cloves (kg) 270-290. (PTI) NEW DELHI, Feb 9: Steel prices remained quiet in the local iron and steel market here today on scattered buying interest against restricted supply. Marketmen said reduced buying interest from builders and construction houses against restricted supply from furnace kept the prices around last levels. Following are today's quotations in Rs per tonne: CTD saria (kamdhenu) 8-mm, 42,350, 10-mm, 41,350, 12-mm 40,750, 16-25 mm 41,350. Rathi tor steel : 8-mm 41,800, 10-mm 41,400, 12-mm 40,800, 16-20 mm 40,500 and 25-32 mm 40,800. Saria Jai bharat (iso 9002) 8-mm 39,400, 10 mm 38,800 12-mm 38,000, 16-25 mm 38,700. Amba saria (iso-9002) 8-mm 38,800, 10-mm 38,300, 12-mm 37,100, 16-25-mm 38,000. Amba shakti: (TMT) 8-mm 39,100, 10 mm 38,500, 12 mm 37,500, 16 to 25 mm 38,000. M S Angle: (50x5) (50x6) 34,800, (25x3) (32x3) (40x3) 35,200, (40x5) (40x6) 35,000. Angle capital (ISI) (50X5) (50X6) 35,000, (40X5) (40x6) 35,200, (35X5) (65X6) 35,400. Garder (joist) (150x75) 37,500 (175x85) 37,600 (200x100) 38,100 (125x70) 37,600. T-IRON (40X5) (40X6)(50X6) 36,300. Ingot and Scrap: Bhivari 32,100, Govindgarh 31,800, Ghaziabad 32,100, Muzaffarnagar 30,500. (PTI) |
Raising prices up on poor supply NEW DELHI, Feb 9: In thin trading, prices of kishmish Indian yellow and green drifted by Rs 200 each per 40 kg in the wholesale dry fruits market today on revival of buying against poor supplies. Kishmish Indian yellow and green traded higher at Rs 2,700-3,000 and Rs 3,200-4,600 as against previous mark of Rs 2,500-2,800 and Rs 3,200-4,600 per 40 kg bag. Traders said restricted supplies in the face of fresh buying by retailers mainly pushed up kishmish prices. However, prices of other dry fruits ruled steady on scattered deals. Following were today's quotations per 40 kgs bag: Almond (California) new 8,400 Almond (gurbandi) 5,100 Almond (girdhi) 3,300, Almond kernel (California) 295-298 Almond kernel (gurbandi) (kg) 300-350 and Abjosh Afghani 5,500-12,000. Chilgoza raw-new (1 kg) 390 chilgoza (roasted) (1 kg) 750 cashew kernel 1 kg (no 180) 440-450 cashew kernel (no 210) 395-400 cashew kernel no.(240) 320-325 cashew kernel (no 320) 280-285 cashew kernel broken 2 pieces 255-260 cashew kernel broken 4 pieces 215-250 cashew kernel broken 8 pieces 180-220 copra (qtl) 4,450-4,650 coconut powder (25 kg) 1,100-2,000 dry dates red (qtl) 2,600-6,100 fig 3,500-12,000 kishmish kandhari local 5,300-5,500 kishmish kandhari special 11,000-14,000 kiahmish indian yellow 2700-3000 kishmish indian green 3,200-4,600 pistachio Irani 455-475 pistachio Hairati 475-515 pistachio Peshawari 530-565 pistachio dodi (roasted) 280-310 walnut new 110-200 walnut kernel new (1kg) 350-500. (PTI) |
Caustic soda slips on lack demand NEW Delhi, Feb 9: Prices of caustic soda flake slipped by Rs 10 per 50 kg in the wholesale chemical market today on lack of buying support from consuming units against fresh arrivals. Caustic soda flake moved down to Rs 1,180 from previous closing level of Rs 1,190 a 50 kg. However, other chemical prices fluctuated in a narrow range on lack of worthwhile buying activity and settled around last closing levels. Marketmen said reduced offtake by detergent manufacturers caused caustic soda prices to ease. Following are today's quotations: Ammonia bicarb (25 kg) 350 Ammonium chloride (50 kg) 1,800, acetic acid (1 kg) 42, boric acid technical (50 kg) 4,400-4,700, borex granular (50 kg) 2100. Caustic soda flake (50 kg) 1180 citric acid (50 kg) (China) 2,650-2,800 citric acid deshi (50 kg) 2,600-2800, camphor slab (1 kg) 170-175, camphor powder (1 kg) 150, glycerine (1 kg) 78-80, hexamine (1 kg) 82, hydrogen peroxide (1 kg) 31-32, mercury (34.5 kg) 28,800, menthol bold crystal (per kg) 618 menthol flake (1 kg) 600 and Mentha oil (1 kg) 510. Paraffin wax (50 kg)Iran 2,900-3,000 paraffin wax (50 kg)China 3,600 paraffin wax (50 kg) Indian 3,250 residue wax (p tonne) 30,000 soda ash (50 kg) (Tata) 880 soda ash (50 kg) (Gujarat) 870 soda ash (50 kg) (Dcw) 870 soda ash (50 kg) (Birla) 870 Sodium Nitrite (50 kg) 1400-1550 Sodium silicate (Qtl) 950-1100 stable bleaching powder (shriram) (25 kg) 310 stable bleaching powder (chambal) 340 stable bleaching powder (modi) 310 tartaric acid france (1 kg) 421 thymol (1 kg) 415 titanium dioxide (ttk) (1 kg) 100 titanium dioxide (k-brand) (1 kg) 90 titanium dioxide (china) (1 kg) 90 titanium dioxide (TR-92) 108 titanium dioxide (rc-822) (1 kg) 108 oxalic acid (pcpl-red) 50 kg 2500 oxalic acid (pcpl-blue)50 kg 2500 Zinc oxide (kg) 122-135. (PTI) |
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