Charan Dass Magotra of Chinji Makwal in role of Raja during Hern Festival at Press Club on Saturday. -Excelsior/Rakesh
Charan Dass Magotra of Chinji Makwal in role of Raja during Hern Festival at Press Club on Saturday. -Excelsior/Rakesh
Edible oils remain weak on sluggish demand, global cues
NEW DELHI, Jan 11: Edible oils prices fell further for the second straight week on the wholesale oils and oilseeds market on increased selling by stockists against sluggish demand amid a weak global trend.
A few oils in the non-edible section, also showed downtrend on reduced demand from consuming industries.
Traders said sustained selling by stockists against slackened demand mainly kept pressure on edible oil prices.
Besides, weakness in palm oil in the global market also put pressure on edible prices here, they said.
Globally, palm oil lost 4.6 per cent at two-month low of USD 770 a tonne this week, on the Malaysia Derivatives Exchange after data showed that reserves in Malaysia, climbed to the highest level in nine months, while exports fell.
Meanwhile, the Government raised import duty on refined edible oil to 10 per cent to protect the domestic processing industry and farmers.
In the national capital, groundnut mill delivery (Gujarat) and cottonseed mill delivery (Haryana) oils fell by Rs 200 each to Rs 7,900 and Rs 6,200 per quintal respectively.
Mustard expeller (Dadri) and sesame mill delivery oils also declined by Rs 200 and Rs 100 to Rs 7,200 and Rs 11,400 per quintal, respectively.
Tracking a weak global trend, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils plunged by Rs 200 each to Rs 7,200 and Rs 6,900, while crude palm oil (ex-kandla) lost Rs 100 at Rs 5,300 per quintal, respectively.
Palmolein (rbd) and palmolein (kandla) followed suit and tumbled by Rs 250 each at Rs 6,300 and Rs 5,900 per quintal, respectively.
In the non-edible section, castor and neem oils declined by Rs 50 each to Rs 9,400-9,500 and Rs 5,200-5,300 per quintal respectively on reduced demand from consuming industries. (AGENCIES)
Moong dal, maida and sooji move up
CHENNAI, Jan 11: Prices of moong dal, maida and sooji moved up and that of all other commodities remained unchanged in the wholesale foodgrain market here today.
Moong dal went up by Rs 200 per quintal to Rs 8,700 from its previous week closing rate of Rs 8,500, while maida and sooji (both 90 kg) increased by Rs 200 and Rs 100 to Rs 2,600 and 2,600 from its previous week closing rate of Rs 2,400 and Rs 2500 respectively.
Prices of other commodities like thoor dal, urad dal, gram dal, sugar and wheat ruled steady throughout the week. (AGENCIES)
Minister for Housing Raman Bhalla inaugurating Bahu-cum-Lohri Festival at Trikuta Nagar on Saturday.
Minister for Housing Raman Bhalla inaugurating Bahu-cum-Lohri Festival at Trikuta Nagar on Saturday.
Speakers at a seminar on Dogri literature in Jammu on Saturday.
Speakers at a seminar on Dogri literature in Jammu on Saturday.
No change in foodgrain prices
CHENNAI, Jan 11: The prices of all commodities remained unchanged for the fifth consecutive day in the wholesale foodgrains market here today.
Following are the wholesale rates of various agri- commodities today (in rupees per quintal, except where stated otherwise): Thoor Dal Rs 7,000 Urad Dal Rs 6,900 Moong Dal Rs 8,700 Gram Dal Rs 3,900 Sugar Rs 2,900 Wheat Rs 2,600 Maida (90 kg) Rs 2,600 and Sooji (90 kg) Rs 2,600. (AGENCIES)
Minister for ULBs Nawang Rigzin Jora & Minister of State for Commerce and Industries Sajjad Ahmed Kichloo launching Municipal Help-Line at JMC on Saturday.
Minister for ULBs Nawang Rigzin Jora & Minister of State for Commerce and Industries Sajjad Ahmed Kichloo launching Municipal Help-Line at JMC on Saturday.
IGP Railways M S Salaria along with other senior officers inspecting Udhampur Railway Station on Saturday.
IGP Railways M S Salaria along with other senior officers inspecting Udhampur Railway Station on Saturday.
Artists performing during ‘Symphony 2014’ at Gulshan Ground on Saturday. -Excelsior/Rakesh
Artists performing during ‘Symphony 2014’ at Gulshan Ground on Saturday. -Excelsior/Rakesh
Haiti PM highlights headway 4 years after quake
PORT-AU-PRINCE (HAITI), Jan 11: Haiti’s prime minister said today that his Government has made headway in rebuilding the country following a devastating earthquake four years ago, citing a drop in the number of people living in settlements camps and the construction of thousands of new houses.
With senior officials at his side, Prime Minister Laurent Lamothe delivered a progress report on the eve of the fourth anniversary of the 2010 quake.
“I think (the rebuilding effort) has gone very well, enormously well, considering the enormous challenges and the enormous lack of resources that we had when we started,” Lamothe told The Associated Press following his talk.
In the presentation, Lamothe highlighted the construction of more than 5,000 homes, the arrival of more than 700,000 tourists last year, the distribution of 55,000 seed kits to farmers and economic growth.
One of the most criticised aspects of Haiti’s recovery effort has been providing housing for people displaced by the quake. Some 1.5 million people moved into makeshift settlements after the disaster.
But from its peak, the number of people living in the gloomy encampments has fallen to 146,000 at 271 sites, the International Organisation for Migration said. The drop stems from a mix of voluntary departures, distribution of rental subsidies and violent evictions.
Lamothe lauded that drop yesterday.
Housing activists complain that the decline doesn’t reflect an increase in housing availability, a problem conceded by the prime minister.
“We have to do more in fixing the difficult housing problems in order to have a long-term housing solution,” he said.
Foreign Governments and humanitarian groups rushed to offer billions of dollars in reconstruction aid after the quake. But the money hasn’t flowed in as promised, partly because of worries about Haiti’s political infighting and corruption as well as the reluctance of donors to provide funds amid a global economic downturn.
Looking ahead to further reconstruction, Lamothe said his Government has drafted legislation to require non-Government groups to register and report their spending plans as a way to avoid duplication with other groups. An estimated 10,000 such groups are working in Haiti but no one really knows how many are here.
“We want to work with the NGOs, but we want the NGOs to work on the priorities of the Haitian Government as expressed by the strategic national development plan,” Lamothe said. (AGENCIES)