Theoretically, it would be a rare incident if gold could go below $1200/oz, its cost of pr...
The firm has also achieved all the targets in the production of Bank Notes, Coins, Securit.. 
Mark Thoma is a macroeconomist and time-series econometrician at the University of Oregon... 
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- Precious, base metals, Crude Oil may trade negative on weak global sentiments
- Taking cues from decline in spot gold prices coupled with weak global market sentiments, Spot silver prices decreased by 0.53 percent today. However, favourable economic data from Germany along with weakness in DX cushioned sharp fall in the prices.
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The USDA forecasts 2013/14 Canada rapeseed production at 14.5 million tons, up 9 percent from las..
By Col. Ajay
As per financial astrology, transit OD Sun in Saturn house is ..
NEW DELHI (Commodity Online): India government has proposed to develop some of the coal blocks under Coal India Limited (CIL) through Mine Developer and Operator (MDO).
Modalities are being worked out in this regard, stated Sriprakash Jaiswal, minister of Coal at the inaugural session of the 7th International Exhibition & Conference on Power Sector being jointly organised by the Ministry of Power and FICCI in New Delhi.
Minister has said that efforts are being made to enhance exploration for enlarging resource base for coal. As against an actual growth of 3.8% achieved in the XI Plan, CIL has been asked to target a growth of 7% during the XII Plan to ensure more availability of coal through domestic resources.
Regarding import of coal and price pooling, the minister said that a proposal to import coal with pooling of prices is suggested to bind over the current shortage situation but this needs to be studied in depth for a considered view as a number of state governments have expressed their reservation on the proposal.
The role of Coal India Limited in enhancing coal production in the country has been commendable.
From about 78 million tonnes at the time of its formulation, it has reached a level of about 436 million tonnes in 2011-12 and is envisaged to reach 615 million tonnes in 2016-17, minister noted.
