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