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Textile firms renew demand for banning cotton exports With the price of domestic cotton rising and a high level of export contracts, the Confederation of Indian Textile Industry (Citi) has renewed its demand for restricting the latter.More ICEX gets 250 members Indian Commodity Exchange Ltd (ICEX), which will go live soon, has enlisted 250 members. The majority of the members have been approved by the Forward Markets Commission (FMC) and the unique codes More Rising rough prices hit diamond polishing units Prices have increased 25-30 per cent since March this year.More Spice Finance plans to buy 15% in NMCE The BK Modi group’s finance arm, Spice Finance, has proposed to buy a 15 per cent stake in Ahmedabad-based National-Multi Commodity Exchange (NMCE). More Third quarter gold demand halves High prices along with floods and poor monsoon led to the fallMore Pepper may dip on better crop outlook A slowdown in the global demand and hope of a better crop in the coming season have eased pepper prices in the international market.More Brokers shy away from ICEX membership Traders and brokers seem cautious about taking membership in Indian Commodity Exchange (ICEX), the fourth commodity futures exchange, promoted by Indiabulls Financial Services and public sector MMTC.More Farmers upset with cane control order The recent omission of Section 5A from the Sugarcane (Control) Order has come under severe criticism from the sugarcane growers in the country. The farmers feel their rights have been curtailed by More Sugarcane crushing starts in Uttar Pradesh Even as three sugar mills have started crushing in Uttar Pradesh, the industry is hopeful of an early resolution of the cane price issue, which threatens to further advance the already delayed More Natural rubber imports dip 50% Natural rubber (NR) imports declined 50 per cent in October compared with the same month last year. The imports fell to 8,574 tonnes against 16,010 tonnes in October last year.More |
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