| Canara Bank to launch online trading
portal on Feb 18 MUMBAI, Feb 15: Canara Bank today said it will commercially launch online trading portal on February 18.In association .....more' NEW DELHI, Feb 15: Arhar dal prices rose by Rs 100-200 a quintal in the wholesale pulses market today following restricted supply against increased offtake....more B C Jindal group to invest Rs 20Kcr to produce 5,000 MW power NEW DELHI, Feb 15: B C Jindal Group today announced its foray into the power space with plans of investing over Rs 20,......more NEW DELHI, Feb 15: Wheat dara prices improved by Rs 35 per quintal in the wholesale grain market here today due to paucity of ready stocks amid frantic buying by rolling flour mills.Prices of atta, maida and sooji also gained Rs 10 a 90 kg bag.Marketmen said poor arrivals coupled with insufficient ready stock positions against ......more |
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Select edible oils decline on fresh
supply NEW DELHI, Feb 15: Cottonseed, mustard and ricebran oils turned weak by Rs 20-50 per quintal in the wholesale oils and oilseeds market today ......more NEW DELHI, Feb 15: A steady trend was noticed in the chemical market today as prices moved in a tight range on lack of ......more NEW DELHI, Feb 15: Prices of turmeric shot up by Rs 200 in the wholesale kirana market today following poor arrival in the face of higher southern region advices.However, .......more Copra declines on reduced offtake NEW DELHI, Feb 15: Copra prices declined by Rs 50 per quintal in the wholesale dry fruit market today due to sluggish demand amid fresh arrivals from southern regions.Copra prices closed at Rs 4,450-4,550 a quintal.Marketmen said fall in demand from retailers and lower advices from ....more |
Canara Bank to launch online trading portal on Feb 18 MUMBAI, Feb 15: Canara Bank today said it will commercially launch online trading portal on February 18. In association with its wholly-owned broking subsidiary, Gilt Securities Trading Corporation Ltd, it will extend online trading facility to their Depository clients, Canara Bank informed the Bombay Stock Exchange. Besides the trading option, the portal would provide features like market-related information, research report, technical market analysis and sector watch. With the operationalisation of the platform, Canara Bank would become the first public sector lender to launch such a platform. Presently, a majority of state-run banks are offering this service in alliance with broking companies. For example, State Bank of India is offering the service through Motilal Oswal and Punjab National Bank has an alliance with IDBI Capital. The Bangalore-based bank had posted a 26.4 per cent increase in net profit at Rs 459 crore for the third quarter ended December 2007 as compared to Rs 363 crore for the corresponding quarter of FY07. The bank registered a total income of Rs 4,096.60 crore for the third quarter of FYO8 from Rs 3,245.93 crore during the same quarter last year, an increase of 26.22 per cent. For the nine months ended December 2007, net profit recorded a 20 per cent growth year-on-year to reach Rs 1,101 crore, as against Rs 916 crore. (PTI) NEW DELHI, Feb 15: Arhar dal prices rose by Rs 100-200 a quintal in the wholesale pulses market today following restricted supply against increased offtake. On the other hand, moth price declined by Rs 100 a quintal on lack of buying interest triggered by selling pressure. However, other pulses ruled flat on small bouts of trade. Marketmen said poor supply from producing regions pushed up arhar dal prices. Arhar dal dara and pataka settled at at Rs 3,400-3,600 and Rs 3,550-3,900 a quintal from Rs 3,300-3,400 and Rs 3,400-3,850 respectively on better offtake. On the other hand, moth lean down from Rs 1,750-1,900 to close at Rs 1,650-1,800 a quintal on sluggish demand. Following were today's quotations (per quintal): Urad Maharashtra 1800-2200, Rangoon 2100-2150, Urad chilka (local) 2500-2650 , best 2700-3000, dhoya local 2700-2900, best 3000-3250, Moong Maharashtra 2250-2450, UP\Bihar 2000-2300, Rajasthan 1850-2150, dal moong chilka local 2550-2750, best 2750-3050, moong dhoya local 2700-2850, best quality 2950-3250, masoor small 3000-3150, bold 2850-2950, dal masoor local 3200-3400, best quality 3400-3650, Malka local 3150-3300, best 3350-3500, Moth 1650-1800, Arhar Maharashtra 2600-2700, Rangoon 2450-2550, dal arhar dara 3400-3600 and patka 3550-3900. Gram 2400-2425, gram dal (local) 2600-2750, best quality 2750-2900, besin (35 kg) shakti bhog 1140, rajdhani 1140, Rajmah chitra Pune 3150-3900, China 3550-3900, red 2900-3000, kabli gram small 2800-3475, dabra 2775-2875, imported 4600-4700, lobia 2200-2600, peas white 2100-2175 and green 2150-2200. (PTI) B C Jindal group to invest Rs 20Kcr to produce 5,000 MW power NEW DELHI, Feb 15: B C Jindal Group today announced its foray into the power space with plans of investing over Rs 20,000 crore to produce 5,000 MW in the next five years. The groups Jindal India Thermal Power Ltd plans to implement three pit-head, coal-based power projects totalling 4,300 MW in Orissa, Madhya Pradesh and Chhattisgarh. The firm also proposes to venture into hydel power production with plans to establish a 1,000 MW project in North India at a cost of Rs 6,000 crore. "We plan to set up 5,000 MW coal-based power plants with an investment of more than Rs 20,000 crore. We have signed MoUs with state governments of Orissa and Chhattisgarh for establishing plants there, while an MoU with Madhya Pradesh government is scheduled to be signed tomorrow," Company Director Puneet Gupta said. The funding for the projects would be done in a debt equity ratio of 80:20. Jindal India Thermal Power has appointed SBI Capital Markets Ltd for syndication of loans for the projects. The company plans to set up a 2,000 MW power project in Madhya Pradesh. The plant, to come up near Sasan ultra mega power project being implemented by Reliance Power in Sidhi district, will entail an investment of over Rs 8,000 crore. "The 1,200 MW plant in Orissa is in advanced stage of implementation. We have received the fuel linkage for producing close to 80-85 per cent of the planned capacity. Land acquisition is expected to be complete by April-end. Water commitments and other statutory clearances are also expected to come by mid-May," Gupta said. (PTI) |
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NEW DELHI, Feb 15: Wheat dara prices improved by Rs 35 per quintal in the wholesale grain market here today due to paucity of ready stocks amid frantic buying by rolling flour mills. Prices of atta, maida and sooji also gained Rs 10 a 90 kg bag. Marketmen said poor arrivals coupled with insufficient ready stock positions against frantic buying by rolling flour mills helped wheat prices rise. Wheat dara price jumped to Rs 1,120-1,125 a quintal from from Rs 1,088-1,090 a quintal on frantic buying interest against reduced supply. Atta chakki mill delivery and rolling flour mills prices also remained firm at Rs 1,118-1,120 and Rs 1,115-1,120, against previous close of Rs 1,105-1,110 and Rs 1,100-1,105 a 90 kg bag respectively. Maida and sooji too closed higher from Rs 1,170-1,180 and Rs 1,185-1,200 to settle at Rs 1,180-1,200 and Rs 1,200-1,210 a 90 kg bag respectively in line with wheat. Following were today's quotations per quintal (in Rs): wheat MP (deshi) 1300-1575, wheat dara (for mills) 1120-1125, chakki atta (delivery) 1118-1120, Chakki atta Rajdhani (10 kgs) 145, shakti bhog (10 kgs) 155, roller flour mill 1115-1120, maida 1180-1200 (90 kilos) and sooji 1200-1210 (90 kgs). Rice basmati (lal quila) 6800, Shri Lal Mahal 7000, Basmati common 5700-5850, Permal raw 1250-1350, permal wand 1425-1475, sela 1725-1775 and rice IR-8 1125-1175, Bajra 610-620, Jowar yellow 615-660, white 1110-1200, Maize 800-825 Barley (UP) 1170-1185 and Rajasthan 1180-1185. (PTI) Select edible oils decline on fresh supply NEW DELHI, Feb 15: Cottonseed, mustard and ricebran oils turned weak by Rs 20-50 per quintal in the wholesale oils and oilseeds market today due to increased supply against slackness in demand. However, non-edible oils remained quiet on low buying interest. Marketmen said reduced offtake by vanaspati mills against increased supply from producing regions like Uttar Pradesh, Gujarat and Punjab pulled down select edible oils prices. Cottonseed mill delivery shed Rs 20 to end at Rs 5,530 per quintal on lack of support from vanaspati mills. Mustard expeller lost Rs 30 to finish at Rs 5,720 a quintal on reduced offtake. Ricebran oils prices dipped by Rs 50 due to selling pressure and closed at Rs 4,850 a quintal. Following were today's quotation per quintal: Oilseeds: mustard seed 2325-2500 and Groundnutseed 2700-3000. Vanaspati ghee (15 litres tin) 875-975. Edible oils: Groundnut mill delivery 7,200, Groundnut Solvent refined (per tin) 1235-1260, Mustard Expeller 5,720, Mustard Pakki ghani (per tin) 875-975, Mustard kachi ghani (per tin) 925-975, Sunflower 5,350, Sesame mill delivery 7,400, Soybean Refined mill delivery 6,150, Soyabean degum (Delhi) 6,000, Crude Palm Oil (Ex-kandla) 5,050, Cottonseed mill delivery 5,530, palmoline (RBD) 5,900, Rice bran (phy) 4,850 and coconut (per tin) 900-950. Non-edible oils: linseed 4700 Mahuwa 4250, castor 5050-5150, Neem 3800-3850, Rice bran 3800-3900 and palm fatty 3125-3200. Oilcakes: groundnut dehusk 770-820, Sesame 925-1125, Mustard (new) 1000-1025, Mustard 975-980 and Cottonseed 975-1100. (PTI) |
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NEW DELHI, Feb 15: A steady trend was noticed in the chemical market today as prices moved in a tight range on lack of buying interest. Traders said restricted stocks against lack of buying interest kept prices flat. 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) 600 menthol flake (1 kg) 580 and Mentha oil (1 kg) 495. 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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NEW DELHI, Feb 15: Prices of turmeric shot up by Rs 200 in the wholesale kirana market today following poor arrival in the face of higher southern region advices. However, other spices continued to move in a tight range in scattered buying and selling and settled at previous levels. Turmeric quoted higher by Rs 200 at Rs 3,400-4,600 per quintal. Traders said poor arrival from southern regions and created tight stocks position helped turmeric prices go up. Following are today's quotations (in Rs per quintal): Ajwain 5,000-7,500 Black pepper common 14,600-14,800 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) 280-305. Chirounji (new) (kg) 200-250 Dry mango 4,500-22,000 Dhania 4,300-6,500 Dry ginger 8,000-10,500 Kalaunji 7,500-8,000 Mace-Red (kg) 470-490 Mace-Yellow (kg) 450-455 Methiseed 3,500-4,000 Makhana (per kg) 175-220 Nutmeg 270-290 Poppyseed (KG Turkey) 375 Poppseed (KG MP-RAJ) 375-400 Poppyseed (KG U.P.) 335-345 Red chillies 3,000-7,000 Soya bari pariwar (20 kg) 350-400 Saffron (kg) Irani 105000-107000 Saffron (kg) Kashmiri 124000-132000 Soanf 3,800-10,500 Turmeric 3,400-4,600 Tamarind 8,00-1,300 Tamarind without seed 1,800-3,200 Tea (kg) 65-120 Watermelon kernel 8,400-8,500 Jeera common 9,400-9,800 Jeera dollar 9,700-9,800. (PTI) |
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