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  • Oil prices up as weak dollar offsets supply concerns | The Financial Express
    demand is not growing the glut will only go if the production is cut and we have seen no indications of that Nair said Despite speculation of a potential deal by producers to cut output analysts say that such a deal must involve the market s major players With the absence of large producers like Saudi Arabia and Iran I don t see much of a point in the other OPEC members trimming output Any gaps will be quickly filled by other producers to increase market share Bernard Aw a market strategist with IG Markets said in a note A price rebound last week driven by talk of possible coordination between Russia and OPEC to slash production petered out after traders brushed aside speculation First Published on February 5 2016 11 46 am Tags Oil Prices Please Wait while comments are loading More on this story Cairn India wants govt to reduce oil cess before Budget Crude oil prices steady in thin Asian trading ahead of Lunar New Year Oil prices extend gains on US dollar slide talk of oil producer meeting Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM

    Original URL path: http://www.financialexpress.com/article/markets/commodities/oil-prices-up-as-weak-dollar-offsets-supply-concerns/207589/ (2016-02-08)
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  • Crude oil prices steady in thin Asian trading ahead of Lunar New Year | The Financial Express
    collapse the price of WTI driving a sharp reopening of the spread to Brent US crude inventories climbed 7 8 million barrels in the week to Jan 29 to 502 7 million barrels Gasoline inventories rose to a record high soaring 5 9 million barrels to 254 4 million barrels Brimming storage is contributing to an overall bearish market outlook as long as major producers don t reach an agreement on output with China s economic slowdown now showing signs of spreading across the world In spite of the record crude oil production demand for shipping is disappointing said commodities brokerage Marex Spectron The macroeconomic environment is bearish Global industrial production manufacturing and automotive demand indices all point towards weakening demand First Published on February 5 2016 9 04 am Tags Oil Prices Please Wait while comments are loading More on this story Cairn India wants govt to reduce oil cess before Budget Oil prices up as weak dollar offsets supply concerns Oil prices extend gains on US dollar slide talk of oil producer meeting Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM Narendra Modi inaugurates Paradeep oil refinery Top

    Original URL path: http://www.financialexpress.com/article/markets/commodities/crude-oil-prices-steady-in-thin-asian-trading-ahead-of-lunar-new-year/207523/ (2016-02-08)
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  • Gold price perched near 3-mth high ahead of US jobs, eyes best week in 4 | The Financial Express
    than 3 percent so far this week on course for its biggest such increase since early January Bullion s upward momentum increased this week after a key Fed official said there was a need to consider tighter financial conditions and the weakening global outlook in framing US monetary policy That spurred gold bulls thinking it would be tough for the Fed to raise interest rates again this year after hiking them in December for the first time in nearly a decade Non interest bearing gold is quite sensitive to US monetary policy Its recent upturn has prompted some analysts to have a more positive price outlook on the metal many had thought was bound to fall below 1 000 an ounce as the U S lifts rates HSBC analyst James Steel said gold s rally appeared intact We see no compelling reason for more than a normal retracement before bullion resumes an upward move The rally is underpinned by risk off sentiment a weaker dollar and a shift in global monetary policy Steel said U S gold for April delivery eased 0 2 percent to 1 155 an ounce Holdings of SPDR Gold Trust the world s largest gold backed exchange traded fund continued to rise reaching 22 3 million ounces on Thursday the most since late October Ahead of the U S employment report economists polled by Reuters are looking for nonfarm payrolls to increase by 190 000 in January after rising by 292 000 in December The unemployment rate is forecast to remain at a 7 1 2 year low of 5 percent Spot silver was steady at 14 85 an ounce near Thursday s three month high of 14 91 and has gained 4 percent this week Platinum dropped 0 7 percent to 901 74 an ounce not far below a three month peak while palladium held close to a one month top at 514 38 First Published on February 5 2016 9 00 am Please Wait while comments are loading Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India s biotech moment A made in India Zika virus vaccine Sanam Teri Kasam collections at Rs 1 25 cr Valentine

    Original URL path: http://www.financialexpress.com/article/markets/commodities/gold-price-perched-near-3-mth-high-ahead-of-us-jobs-eyes-best-week-in-4/207521/ (2016-02-08)
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  • No organised retail threat to local fruit, vegetable vendors: ICRIER survey | The Financial Express
    The average intake of fruits and vegetables among the younger generation in the age group of 18 25 years was only 2 97 servings per day However the average intake of fruits and vegetables is 3 5 servings per day which comprises 1 5 servings of fruits and two serving of vegetables High prices and seasonality of production are crucial barriers affecting fruit and vegetable consumption Besides there are inter state barriers in the movement of fruits and vegetables the survey has noted Making a case in favour of allowing FDI in multi brand retail of food the ICRIER study states that organised retailers and manufacturers globally not only help to set up the supply chain for fruits and vegetables they also train farmers in best farm practices If global companies are not allowed to set up the entire supply chain and run their best business model they are unlikely to invest in the fruit and vegetable supply chain in India Unless global retailers invest in India international small and medium manufacturers will not invest in the fruits and vegetable processing sector of India thus limiting the choice for consumers the study noted In India the food and grocery sector is largely non corporate and there are restrictions on foreign direct investment in multi brand retail the study has stated The survey also noted that India imposes high import tariff on fruits and vegetables In 2015 16 fruits and vegetables like broccoli carrots bananas pineapples papaya watermelon and green chillies faced 30 import tariff while garlic faced a tariff of 100 In years of drought and crop failure imports increase Meanwhile the country s horticultural production that surpassed its grains output for the first time in 2012 13 improved the lead to 10 last year according to the data released by the Union agricultural ministry last month The production of horticulture crops that include mainly vegetables and fruits stood at an all time high 283 47 million tonne MT in 2014 15 compared with the grain volume of 257 07 MT First Published on February 5 2016 12 14 am Please Wait while comments are loading Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day

    Original URL path: http://www.financialexpress.com/article/markets/commodities/no-organised-retail-threat-to-local-fruit-vegetable-vendors/207434/ (2016-02-08)
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  • Chirag Mehta | The Financial Express
    Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India s biotech moment A made in India Zika virus vaccine Sanam Teri Kasam collections at Rs 1 25 cr Valentine s Day booster shot missing New Mahindra cars at the Delhi Auto Expo 2016 From Real Madrid to Chelsea Know the top 10 richest clubs Earthquake in Taiwan Magnitude 6 4 quake kills 14 over 100 missing scores injured in Tainan Real Madrid s Cristiano Ronaldo 31 soccer star and entrepreneur All you need to know in 8 slides How Zika virus infection can spread From mosquito bites to urine transmission top 5 points to note International Fleet Review 2016 President Pranab Mukherjee reviews naval fleet Asteroid TX68 to pass by Earth on March 5 at 9 000 17 000 km distance NASA Earthquake in Nepal 5 5 magnitude quake injures 15 tremors rock Bihar too Horoscope By Peter Vidal Today 08 Feb This Week 07 Feb 13 Feb SAGITTARIUS Your choices are perfectly clear Loved ones or close companions may be unreasonable but there is probably no escape from emotional tension What you can do however is make a conscious decision to treat all differences of read more Home Markets 2016 02 07 10 49 39 Outlook GDP data Q3 earnings to set market tone GDP IIP and consumer inflation will dictate market movement this week say experts while blue chips SBI and ONGC are also lined up to release their third quarter earnings numbers Sensex end 278 points up on value buying Lupin Vedanta shares surge Top 10 stocks that trended in today s trade Jindal Steel Lupin and more RBI to buy back inflation indexed bonds maturing in 2023 Mutual Fund AUM falls for third straight month in January Companies 2016 02 07 11 47 07 India Post to invest Rs 322 crore to augment parcel capacity In a bid to strengthen its position in the e commerce market India Post has proposed to invest Rs 322 crore till 2019 20 to augment parcel handling capacity through which it projects to earn a revenue of Rs 1 608 crore Facebook bans pages selling medical marijuana in US Aamir Khan loses Snapdeal contract Lupin Q3 net profit dips 12 per cent to Rs 530 crore BSE Institute announces launch of new zone for startups Economy 2016 02 06 19 54 52 Arun Jaitley asks states to step up infra social sector spending Finance Minister Arun Jaitley today said he expects states to increase spending on infrastructure and poverty alleviation schemes as the 14th Finance Commission has devolved higher funds to them Govt approves Rs 17 000 cr highway projects for 9 states Open to idea of separate mechanism for broadcasting cases Arun Jaitley Fattening MGNREGA is a national shame not

    Original URL path: http://www.financialexpress.com/author/chirag-mehta/ (2016-02-08)
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  • Govt raises MSP for milling copra by Rs 400/quintal | The Financial Express
    Goyal said However the hike in copra MSP has only notional value as the market price has been prevailing much above the MSP When copra price fell below MSP the agri cooperative Nafed had procured the commodity from farmers back in 2013 14 Besides Nafed the Centre has designated National Cooperative Consumer Federation of India as central nodal agencies to undertake price support operations in the coconut growing states According to Coconut Development Board estimates India produced 21665 million nuts in 2013 14 Kerala would be contributing only 50 of the production First Published on February 4 2016 12 06 am Please Wait while comments are loading Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India s biotech moment A made in India Zika virus vaccine Sanam Teri Kasam collections at Rs 1 25 cr Valentine s Day booster shot missing New Mahindra cars at the Delhi Auto Expo 2016 From Real Madrid to Chelsea Know the top 10 richest clubs Earthquake in

    Original URL path: http://www.financialexpress.com/article/markets/commodities/govt-raises-msp-for-milling-copra-by-rs-400quintal/206790/ (2016-02-08)
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  • Shrimp production likely to be hit by higher costs & diseases | The Financial Express
    have affected farmers Muthukaruppan said He said that higher input cost and saturation in Andhra Pradesh is unlikely to boost production in the near term Andhra Pradesh farms produces nearly 70 of vannamei shrimp for export Anwar Hashim managing director of Abad Fisheries and former president of the Seafood Exporters Association of India confirmed that the cost of production has moved up and new diseases like slow mortality disease are affecting production It is true that prices dropped during the June August period but it has recovered in January Seed costs have moved up and the production cost per kg has increased to Rs 225 from Rs 150 he added However Hashim is optimistic that production of Vanammei can be boosted with new areas in West Bengal Odisha and Gujarat According to latest data available from the Marine Exports Product Development Authority MPEDA Indian production of shrimps touched 4 33 448 tonne in 2014 15 from 3 22 684 tonne in 2013 14 Vanammei or white shrimp production accounted for 3 53 413 tonnes in FY 15 with the rest being black tiger shrimps Rabobank reports that India among others has the potential to increase shrimp production many times its current production due to its large river systems providing ideal shrimp farming conditions Rabobank estimates Indian vanammei production to increase five fold in the near future India started farming white or Vannamei shrimps only in the 2009 10 period following stiff competition from countries like Thailand and China in the global market India used to farm mainly the black tiger shrimp Black tiger shrimps have higher production costs and lower yields than Vannamei From just 1731 tonnes in 2009 10 Indian white shrimp production has increased rapidly to 147 516 tonnes in 20012 13 and finally 353 413 tonnes in 20014 15 First Published on February 4 2016 12 05 am Please Wait while comments are loading Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India s biotech moment A made in India Zika virus vaccine Sanam Teri Kasam collections at Rs 1 25 cr Valentine s Day booster shot missing New Mahindra cars at the Delhi Auto Expo 2016 From Real Madrid

    Original URL path: http://www.financialexpress.com/article/markets/commodities/shrimp-production-likely-to-be-hit-by-higher-costs-diseases/206789/ (2016-02-08)
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  • Rajesh Ravi | The Financial Express
    to the list Pepper prices to remain firm amid low supply outlook Indian pepper is currently trading at 10 800 per tonne compared to Vietnam s 10 200 and Indonesia s 10 250 Delayed monsoons to impact plantation crops spices in Kerala Plantation crops and spices will be impacted in Kerala due to delayed monsoons High exports to keep turmeric prices firm Turmeric exports in FY15 were at 86 000 tonne and worth Rs 744 cr compared to 77 500 tonne and Rs 666 cr in FY14 Jeera likely to rally on supply concerns Exports are expected to gain momentum say experts Tea prices may remain low on high output Tea prices are seen lower in the Indian market due to high production and lower exports Production is seen higher by 24 million kg Chilli prices may firm up on low stocks high exports Chilli prices are likely to firm up on lower stocks and trigger higher sowing for the next season Bumper crop likely to cool cardamom prices Cardamom prices are under pressure in the domestic market due to reports of a bumper crop Extremely conducive climate Turmeric prices may remain subdued Turmeric prices are expected to remain subdued in the Indian market due to sluggish demand and reports of good sowing in major producing states United Spirits may phase out unspirited brands United Spirits USL may phase out some of its brands suffering from negative Ebitda margin as the company shifts focus from market share to profitability under Diageo USL s existing portfolio comrpises nearly 150 brands Diageo to decide Mallya s fate through board committee In research report Diageo executive says USL director doesn t have any impact on biz 1 2 3 Editor s Pick How Zika virus infection can spread From mosquito bites to urine transmission top 5 points to note From Real Madrid to Chelsea Know the top 10 richest clubs New Mahindra cars at the Delhi Auto Expo 2016 Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India s biotech moment A made in India Zika virus vaccine Sanam Teri Kasam collections at Rs 1 25 cr Valentine s Day booster shot missing New Mahindra cars at the Delhi Auto Expo 2016 From Real Madrid to Chelsea Know the top 10 richest clubs Earthquake in Taiwan Magnitude 6 4 quake kills 14 over 100 missing scores injured in Tainan Real Madrid s Cristiano Ronaldo 31 soccer star and entrepreneur All you need to know in 8 slides How Zika virus infection can spread From mosquito bites to urine transmission top 5 points to note International Fleet Review 2016 President Pranab Mukherjee

    Original URL path: http://www.financialexpress.com/author/rajesh-ravi/ (2016-02-08)
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