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Govt may lift ban on futures trading in 4 commodities: FMC

In May, the govt under pressure to control soaring inflation, suspended futures trading in soya oil, potato, rubber and chickpea for four months

Commodity markets regulator Forward Markets Commission on Wednesday expressed hope that government would lift the ban on futures trading in four commodities -- soya oil, potato, rubber and chickpea.

US copper ends up on dollar's decline, firmer oil

US copper ends up on dollar's decline, firmer oil

Despite a supportive backdrop of the weaker dollar and higher energy prices, copper's upside potential is seen capped by lingering concerns about demand in China

US copper futures closed on higher ground Wednesday as a declining dollar and firmer energy prices boosted the red metal's appeal as an alternative investment.

Crude ends higher for the third day on fears of Gustav striking this weekend

Light, sweet crude for October delivery rose $1.88 to settle at $118.15 a barrel on the New York Mercantile Exchange

US gold ends up on crude oil gains, dollar slip

December Gold settled up $5.90 at $834 an ounce

US gold futures ended higher in light volume on Wednesday, partially retracing early gains, as rising crude oil and a falling dollar prompted buying of bullion as an alternative investment.

December Gold settled up $5.90 at $834 an ounce on the COMEX division of the New York Mercantile Exchange. Range traded was $826 to $841.40.

Markets & Investing

17:45 FIIs net sell Rs 32cr, DIIs net buy Rs 163cr

16:08 Sensex ends down 185pts; DLF plunges 4%

15:34 Sensex ends down 181pts at 14,301

15:23 Markets at day's low; DLF, Rel Infra tumble

14:50 Markets at day's low; DLF, Rel Infra tumble

14:08 DLF plunges 3.2%; Jaiprakash up 1.7%

13:40 Sensex down 35pts; DLF sheds 2.2%

Economy & Policy

19:05 ADB defines Asian Poverty Line at $ 1.35 per day

19:05 Bihar seeks Rs 1,000-cr central assistance for flood-hit

19:05 No plans to change N-agreement due to NSG concerns: US

19:05 Govt requests steel makers to keep price in check

19:05 DRDO to seek help from foreign experts to retain talent

17:46 Shibu Soren takes oath as sixth CM of Jharkhand

Companies & Industry

19:05 Great Offshore looks for acquisition

19:05 Tatas' Nano plant still cut off by Trinamool Cong tide

19:05 Thomas Cook India to raise Rs 200 cr through rights issue

19:05 Israeli court rules in favour of Sun Pharma in Taro takeover case

19:05 Punj Lloyd plans to bid for Singapore's LNG terminal

19:05 Dell unveils new Vostro laptops and desktops

Inflation & Price Control - Worth pondering over & Practising

Read in totality & think about the logic....... it will definitely work to curb the inflation menace. Do not underestimate the power of the consumers. & in any case, there is no harm if we limit our consumption. ..it will only add up to our savings !!!

A man eats two eggs each morning for breakfast. When he goes to the Kirana store he pays Rs. 12 a dozen. Since a dozen eggs won't last a week he normally buys two dozens at a time. One day while buying eggs he notices that the price has risen to Rs. 16. The next time he buys groceries, eggs are Rs. 22 a dozen.

Please read this being a true Indian !!!!!!

Salary & Govt. Concessions for a Member of Parliament (MP)

Monthly Salary : 12,000

Expense for Constitution per month : 10,000

Office expenditure per month : 14,000

Traveling concession (Rs. 8 per km) : 48,000 ( eg.For a visit from kerala to Delhi & return: 6000 km)

Petrol Prices---- Facts and figures..........Is it Justified ?????

Find the detail break-up of the Final price of petrol available in pumps.

This is a break up considering crude oil at 130 $ per barrel. Following details are for per liter petrol in Rs. in India..

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