Excelsior Sports Correspondent
SOHANDA, Jan 15: To commemorate the 66th Indian Army Day, Sohanda Rashtriya Rifles of Suigarh (Delta Force), organized sports event and painting/slogan competition in the Gundo Sub Division.
Friendly volleyball matches with mixed teams of Army and locals were organized at Sohanda and Gwari (Gundo) by the unit.
Apart from the players, the locals came in large number to witness the games.
Painting/ slogan competition under the age group of 15 years was organized at Halaran in which a total of 42 children participated with lot of enthusiasm.
Sweets and prizes were distributed among the players on the occasion. Volleyballs were also distributed among the players on the occasion.
RR organizes sports event to celebrate Army Day
Lead futures down on overseas cues, subdued spot demand
NEW DELHI, Jan 15: Lead prices eased by 0.78 per cent to Rs 132.80 per kg in futures trade today after speculators reduced their exposures amid a weak trend at the London Metal Exchange.
At the Multi Commodity Exchange, lead for delivery in January fell Rs 1.05 paise, or 0.78 per cent, to Rs 132.80 per kg in business turnover of 1,784 lots.
Likewise, the metal for delivery in February shed Re one, or 0.74 per cent to Rs 133.90 per kg in a turnover of 77 lots.
Marketmen said the fall in lead futures prices was attributed to a weakeing trend overseas and subdued demand battery-makers at the spot markets. (AGENCIES)
Nickel succumbs to profit-booking, global cues
NEW DELHI, Jan 15: Amid profit-booking by speculators and a weak trend overseas, nickel prices dropped 0.73 per cent to Rs 87.60 per kg in futures trade today.
The contract for delivery in three months on the London Metal Exchange fell 0.5 per cent to $14,275 a metric tonne.
At the Multi Commodity Exchange, nickel for delivery in January dropped by Rs 6.40, or 0.73 per cent, to Rs 875.60 per kg in a business turnover of 1,527 lots.
Similarly, metal for delivery in February lost Rs 6, or 0.67 per cent, to Rs 884 per kg in 106 lots.
Market analysts said besides profit-booking by speculators, a weak trend overseas where it retreated from a three-week high as record stockpiles outweighed concern that global supplies will decline after Indonesia, the biggest producer of the mined ore, weighed on nickel futures prices here.
Globally, the contract for delivery in three months on the London Metal Exchange fell 0.5 per cent to USD 14,275 a metric tonne. (AGENCIES)
Copper weakens in futures trade on global cues
NEW DELHI, Jan 15: Copper futures prices today fell 0.49 per cent to Rs 457.90 per kg after speculators reduced their exposures amid a weak trend in the global markets.
At the Multi Commodity Exchange, copper for delivery in April declined by Rs 2.25, or 0.49 per cent, to Rs 457.90 per kg in business turnover of 112 lots.
Similarly, the metal for delivery in February fell by Rs 2.15, or 0.47 per cent, to Rs 453.40 per kg in 3,326 lots.
Analysts attributed the decline to a subdued trend in the base metals pack in the global markets.
Meanwhile, copper for delivery in March lost 0.70 per cent at 51,450 yuan (USD 8,512) per tonne on the Shanghai Futures Exchange. (AGENCIES)
Potato futures extend gains, up 1.32% on increased demand
NEW DELHI, Jan 15: Potato extended gains for the second straight day and prices shot up by another 1.32 per cent in futures trading today as speculators enlarged positions, tracking a firm trend at spot market on increased demand.
At the Multi Commodity Exchange, potato for delivery in March shot up by Rs 12.70, or 1.32 per cent, to Rs 971.90 per quintal in business turnover of 123 lots.
The potato for delivery in May also traded higher by Rs 11.80, or 1.23 per cent, to Rs 972 per quintal in 3 lots.
Analysts said speculators enlarged their positions, tracking a firm trend at spot market on increased demand against tight supplies from producing regions mainly led an upsurge in potato prices at futures trade. (AGENCIES)
Mentha oil futures gain 0.19% rising demand
NEW DELHI, Jan 15: Mentha oil prices rose 0.19 per cent to Rs 853 per kg in futures trading today as speculators enlarged their positions, driven by rising domestic as well as export demand.
Besides, restricted arrivals from Chandausi in Uttar Pradesh also influenced the mentha oil.
At the Multi Commodity Exchange, mentha oil for delivery in February gained Rs 1.60, or 0.19 per cent, to Rs 853 per kg in business turnover of 31 lots.
Likewise, the oil for delivery in January edged up by Rs 1.40, or 0.17 per cent, to Rs 841.50 per kg in 170 lots.
Analysts said the rise in mentha oil prices at futures trade was mostly attributed rising domestic and export demand against tight supplies in the spot markets triggering speculators to enlarge positions. (AGENCIES)
Cardamom futures weaken 0.18% on low demand
NEW DELHI, Jan 15: Cardamom prices drifted 0.18 per cent to Rs 725 per kg in futures market today as speculators lightened positions amid sluggish demand in the spot market.
At the Multi Commodity Exchange, cardamom for delivery in January declined by Rs 1.30, or 0.18 per cent, to Rs 725 per kg in business turnover of 18 lots.
Similarly, the spice for delivery in February shed 80 paise, or 0.11 per cent, to Rs 711.30 per kg in 71 lots.
Market analysts said offloading of positions by speculators triggered by subdued demand in the spot market against adequate stocks position mainly led to decline in cardamom prices at futures trade. (AGENCIES)
Crude palm oil futures rise 0.24% as demand picks up
NEW DELHI, Jan 15: Crude palm oil prices rose by 0.24 per cent to Rs 532.10 per 10 kg in futures trade today after speculators enlarged positions triggered by rising demand in the spot market.
At the Multi Commodity Exchange, crude palm oil for delivery in January rose by Rs 1.30, or 0.24 per cent, to Rs 532.10 per 10 kg in business turnover of 201 lots.
Likewise, the oil for delivery in February traded higher by Re one, or 0.19 per cent, to Rs 537.50 per 10 kg in 95 lots.
Analysts said speculators indulged in creating fresh positions after pick up in demand in the spot market mainly helped crude palm oil prices to trade higher at futures trade. (AGENCIES)
Gold futures fall 0.45% on global cues
NEW DELHI, Jan 15: Gold prices fell by 0.45 per cent to Rs 28,966 per ten grams in futures trade today as speculators indulged in trimming positions in tandem with a weak global trend.
At the Multi Commodity Exchange, gold for delivery in February fell by Rs 130, or 0.45 per cent to Rs 28,966 per ten grams in business turnover of 1,274 lots.
Similarly, the metal for delivery in far-month April contracts lost Rs 99, or 0.35 per cent, to Rs 28,373 per ten grams in 128 lots.
Analysts attributed the fall in gold futures to speculators trimmed positions in tandem with a weak global trend amid speculation that the US Federal Reserve will continue reducing asset purchases.
Meanwhile, gold fell 0.5 per cent to USD 1,239 an ounce in Singapore in early trade today. (AGENCIES)
SC agrees to hear plea of law intern
NEW DELHI, Jan 15: The Supreme Court today agreed to hear a petition filed by a former law intern, who has made allegations against Justice Swatanter Kumar, to constitute a permanent mechanism to deal with sexual harassment cases at work place in judicial bodies. A bench three-judge bench headed by Chief Justice P Sathasivam, however, made it clear that at this moment it was not expressing any opinion on the allegations made by the intern against Justice Kumar and issued notice to the Centre. The bench also issued notice to Justice (retd) Swatanter Kumar, Chairperson of National Green Tribunal, and Secretary General of the Supreme Court, who were made parties by the intern in the petition. The bench also appointed senior advocates Fali S Nariman and K K Venugopal as amicus curiae in the case and directed Attorney General G E Vahavati to assist it in the matter. At the outset of the hearing, Justice Sathasivam raised question on why the intern came out so late regarding alleged harassment and expressed apprehension that complaint can be filed against a judge 20 years after his retirement. “Why she waited so long. Our apprehension is that even after 20 years when the judge reaches the age of 90 years, complaint can be filed,” the bench observed. Senior advocate Harish Salve, appearing for the intern, submitted that once a mechanism is set up to deal with such cases, then people will come within reasonable time to file the complaint. He submitted that the court can fix the time frame within which a person can approach with complaints. (PTI)