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Commodity Trends: Ban dampens interest in futures |
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The extension of ban on futures trading in rubber, chana, potato and soyoil has dampened the enthusiasm in agri-commodity futures which were expecting a revival of the suspended items. |
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Swaying currencies leave markets in turmoil |
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Financial markets are facing turmoil all over the world and it is not going to end until major currencies stop swaying. Many factors affect financial markets- export-import, growth rate, currencies, industrial production, unemployment among others. |
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BP: Using modern seismic tech to drill more oil |
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BP, world's third largest oil company is using sophisticated seismic and satellite technologies to produce more oil and natural gas to meet world's growing energy demand. Using three-dimensional seismic technology enables BP to cut costs and explore. |
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Futures ban on rubber, chana, soy oil extended |
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The Indian government seems to be not in a mood to withdraw the temporary ban it has imposed on futures trading in agri commodities like rubber, chana, soy oil and potato. |
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Pulipaka appointed chairman of Coir Board |
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Sesh Kumar Pulipaka has been appointed as the new chairman of Coir Board with effect from September 1. |
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IEX starts new payment option for power trading |
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India’s first power exchange, Indian Energy Exchange (IEX) has introduced a new payment option for buying and selling electricity on the exchange platform. The new admission fee is Rs. 10 lacs and annual fee as Rs. 2.5 lacs. |
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Gold, silver fall on strong dollar |
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Gold and silver futures fell Friday as dollar strengthened, eroding the appeal of precious metals as alternative assets. |
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