[vc_row][vc_column width=”1/1″][vc_column_text]New Delhi: To boost the Manufacturing in MSMEs and to recognize outstanding achievements & innovation of the organization, the National Productivity and Innovation Awards were given away by the Union Minister for MSME Shri Kalraj Mishra here today. Congratulating all the award winners the Minister said that these Awards …
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Next week market will depend on Greece referendum decision
[vc_row][vc_column width=”1/1″][vc_column_text]By Mr. Vivek Gupta [CMT – Director Research, CapitalVia Global Research Limited] New Delhi: After witnessing a sharp slide during the initial part of the trading session due to Greek crisis, index bounced back later as Nifty hit its highest level in more than 10 weeks boosted by continuous …
Read More »USDA REPORT INDICATES BULLISH CORN & BEARISH FOR WHEAT
[vc_row][vc_column width=”1/1″][vc_column_text]By Ibrahim Patel Mumbai: The grain stock and acreage report of the USDA suggests rally for corn and soybean while predicts bearish for wheat. It indicated strong demand from livestock and biofuel refiners was whittling away granary surpluses, while weeks of rain was shrinking the potential size of crops …
Read More »L&T Construction Wins Orders Valued Rs. 2278 Crores
Mumbai: The construction arm of L&T has won orders worth Rs. 2278 crores across various business segments in May & June 2015. Power Transmission & Distribution Business: The Power Transmission and Distribution Business have won orders worth Rs. 1258 crores in the international markets. Larsen & Toubro Saudi Arabia LLC, …
Read More »NATURAL GAS OVER-SUPPLY KEEP JULY FUTURES UNDER PRESSURE
[vc_row][vc_column width=”1/1″][vc_column_text]By Ibrahim Patel Mumbai: Natural gas prices kept fluctuating due to recent steady increase in the estimates of the US stock and warm weather. The forecast for warm to very warm temperatures have been and will continue to be pushing up demand for natural gas as demand for electricity to …
Read More »RBI cuts interest rates for the third time this year
[vc_row][vc_column width=”1/1″][vc_column_text]Mumbai: Reserve bank of India on Tuesday cut interest rates for the third time this year. The Reserve Bank of India ( RBI) lowered the benchmark repo rate — the level at which it lends to commercial banks — by 25 basis points to 7.25 percent with immediate effect. …
Read More »RALLY IN ZINC IS BASED ON INCORRECT FIGURES OF PRODUCTION
[vc_row][vc_column width=”1/1″][vc_column_text]By Ibrahim Patel Mumbai: At present not a single new major zinc mine being commissioned anywhere in the world and demand for this commodity increasing day by day. We believe that the zinc stock is heading towards deficit. This statement was made by Ivan Glsenberg, CEO of Glencore, and …
Read More »BULLISH TRADING IS RISKY IN NICKEL
[vc_row][vc_column width=”1/1″][vc_column_text]By Ibrahim Patel Mumbai: Nickel traders across the world are confused with the development taking place in China. however, bulls would be taking excessive risk if they are trading going by the LME stock. Chinese traders are making trade in nickel with higher price, especially in Ferro nickel considered …
Read More »GLOBAL SCENARIO CHANGED WITH RECORD 700 MT WHEAT PRODUCTIONS
[vc_row][vc_column width=”1/1″][vc_column_text]By Ibrahim Patel Mumbai: Farmers across the world harvest record wheat crop for continuous two years following the year of high prices. According to the international grain council, during the current year 700 million ton wheat crop likely to be marketed. Hedge funds and money managers have got such …
Read More »RUBBER FUTURES BOUNCES INTO BULL MARKET
[vc_row][vc_column width=”1/1″][vc_column_text]By Ibrahim Patel Mumbai: In a bid to bottom out, the global price of natural rubber, leading producers and exporters has joined hands to bring discipline in the export market. This organization of eight companies has been formed under the leadership of Sri Trang Agro Industries and Halkyon Agri …
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