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  India, Brazil seek deeper ties in oil, gas sector
  India and Brazil have decided to enhance ties of cooperation in the oil and gas sector.
 
  India, South Africa, Brazil should share mining tech
  Indian mining companies could invest in Amazon region rich in mineral deposts, it can source clean coal technology from S.Africa. In view of the environmental concerns, India, South Africa and Brazil should share mining technology.
 
  The Olympics Effect: Is Chinese growth slowing?
 

China is not fully immune from OECD recession. That apart, the Olympics Effect that delayed investments in projects, slower growth rate of 10% due to tight monetary policies and subdued demand for various and Chinese economy is pausing for breath.

 
  India's energy demand to zoom five-fold
  India's energy demand is estimated to increase five fold over the next twenty five years. India's oil demand to grow at an average annual rate of 3.6 per cent from 119 metric million tonne (mmt) in 2004 to 196 mmt in 2011-12 and 250 mmt in 2024-25.
 
  Oil drops further in Asian trade
  Oil prices continued to move into negative territory Wednesday and fell below $ 78 a barrel in Asian trade.
 
  Malaysia cuts fuel prices by 6.1 percent
  Following drastic fall in global oil prices, Malaysia on Wednesday cut petrol prices by 6.1 percent with immediate effect
 
  Oil falls below $79 in Asian trade
  Oil fell again in Asian trade Wednesday as November delivery fell as much as 60 cents, or 0.8 percent, to $78.03 a barrel in after-hours trading on the New York Mercantile Exchange, and traded at $78.17 at 10:24 a.m. Singapore time.
 
  India achieves export target for 07-08
  India has achieved its export target of $160 billion for 2007-08, according to Directorate General of Commercial Intelligence & Statistics, (DGCI&S).
 
  Govt decides to import 20 MT coal
  The government has decided to import around 20 million tonnes of coal in this fiscal to contain fuel demand.
 
  Fuel price cut viable if oil falls below $61
  Consumers in India will have to wait a long time for any reduction in fuel prices to happen even though India's crude oil import price has dropped to the years lowest.
 
  Oil prices extend gain in Asian trade
  Oil prices continued to move upwards Tuesday as rescue plans announced in different parts of the world raised hopes for an economic recovery.
 
  Linc Energy Produces fuel from GTL facility
  Australia’s clean coal technology leader Linc Energy on Tuesday said it has successfully developed high quality synthetic fuel from UCG (underground coal gasification) synthesis gas at its Chinchilla Gas-to-Liquid (GTL) demonstration facility in Queensland.
 
  OPEC basket price dips below $80
  OPEC on Monday said the price for crude oil produced by its member countries dropped by $5.57 to reach $72.67 last Friday, as financial markets plunged across the globe,.
 
  ONGC, GSPC plans to fetch higher prices of gas
  ONGC along with Gujarat State Petroleum Corp is planning to fetch 20 percent premium over the $4.2 per million unit price fixed for Reliance Industries' gas field.
 
  Vimetico acquires China's Yaoling coalmine
 

Global Aluminium major, Vimetico has announced the acquisition of Yaoling Coalmine in Gongyi, China for RMB 213 mn.The acquisition of the Yaoling mine ensures mining rights for 33 years until 2041. The mine, which has 900 employees.

 
  India to gain out of Brazilian support for biofuels
  With increasing bilateral trade, biofuel industry in the country stands to gain out of possible increase in technical support from Brazil which has huge expertise in the field, according to ASSOCHAM.In 2007-08, this trade enhanced to US$ 3 billion mark.
 
  Oil slightly up in Asian trade
  Oil prices regained some losses on Monday in Asian trade and rose more than $ 3 a barrel after world leaders took some steps towards solving the credit crisis.
 
  India-China to work out mutually beneficial RTA's
  Which are the three fruits and vegetables from India allowed entry into China? They are mangoes, grape and bittergourd, 14 other items are yet to be allowed entry into China .Both countries want bilateral investments in various sectors to be increased.
 
  N-deal sealed, power sector to get boost
  This has ended India’s three decades of nuclear apartheid. After signing the pact, Rice said, “This is truly a historic occasion.”
 
  Big ticket capex investments unhurt by slowdown
  Capacity expansion plans in India for the first quarter of 2008-09 have fallen by 29% but big ticket and medium ticket investments have not been affected. New capex plans are expected to generate massive employment opportunities to 3 mn people in 3-4 years.
 
  JSW Steel's crude steel output crosses 1 mn tonnes
  JSW Steel has posted the highest ever crude steel production crossing one million tonnes for the second quarter of 2008 (July to September).
      Top Stories
'I want to punch Greenspan & Paulson in the face'
Financial Technologies buys UK-based ACE Group
Is global Gold demand slumping?
RBI announces Rs 25,000 crore liquidity package
The lessons from global economic crisis
Centralised clearing vital for credit default swaps
Chinese steel majors cut output on falling demand
India, South Africa, Brazil should share mining tech
The Olympics Effect: Is Chinese growth slowing?
India Post to offer gold coins through post offices
Credit crisis could become food crisis: FAO
India's energy demand to zoom five-fold
  More >  
     Market Pulse  
  US government posts record $455 billion deficit
  Federal Reserve's Beige Book said that economic activity slowed in all 12 districts. The US federal government posted a record high $455 billion deficit for 2007-2008.
  MCX index falls by 82.47%, NCDEX down by 9.59%
  MCX and NCDEX indices stood at lower today in the intraday trading session because of weak global sentiments.
  NCDEX jeera futures closes with moderate gains
  Jeer future today ended with moderate gains at NCDEX counter on short covering. NCDEX jeera Oct contract spurted up by Rs 70 to session’s high Rs 10650 per quintal.
More> 
    Technical Calls  
  Commodities recap - evening of 15th Oct, 2008
  Bullions remained range bound with spot gold facing stiff resistance at $850 an ounce.
  Flashback - Energy 15th Oct, 2008
  Crude Oil prices failed to hold on to its gains yesterday and ended lower amidst volatile trading, as concerns over falling demand outweighed measures taken by central banks to ease credit crisis. November crude oil prices were down by 3.15%, to clos
  Flashback - Base Metals 15th Oct, 2008
  Copper prices touched a high of $5,510 yesterday despite a whopping rise in inventories by 2,475 tonnes.
More> 
    FOREX Reports  
  Aussie ends lower again
  The Aussie closed trading weaker Wednesday as another lackluster day on Wall Street weighed on risk sentiment.
  Yen keeps rising
  Japanese yen continued gains Wednesday as investors turned risk-averse after shares in Asia fell on fears that the credit crunch would lead to a sharp slowdown in the global economy.
  Pound sterling recovers against dollar
  Pound sterling continued its recovery Tuesday as traders welcomed the UK government's plan to inject 37 billion pounds into the country's ailing banks.
More> 
      Most Read
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Silver may outshine gold
India Post to offer gold coins through post offices
Commodity Trends: Hurt by economic slowdown
Gold to hit Rs 15,000 before Diwali!
'I want to punch Greenspan & Paulson in the face'
Why global Nickel prices are crashing
Market turmoil: Stampede of fear into oil, gold
Silver Rush as bullion market gets tight on bailout
Why Gold rises when markets are in misery
Why Diamonds lose out in commodities boom
Is global Gold demand slumping?
 
       
       
 
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