New Delhi: Coriander prices on Wednesday rose by Rs 139 to Rs 6,286 per quintal in futures trade on spot demand and restricted supplies from producing belts. On the National Commodity and Derivatives Exchange, coriander for April delivery shot up by Rs 139, or 2.26 per cent, to Rs 6,286 per quintal with an open interest of 2,400 lots. Similarly, the spice for May delivery traded higher by Rs 110, or 1.84 per cent, at Rs 6.090 per quintal in 3,530 lots. A firm trend in spot market and restricted supplies from producing regions pushed coriander prices up, market analysts said. Soybean Soybean prices on Wednesday rose by Rs 2 to Rs 3,792 per quintal in futures market as traders created fresh positions tracking positive spot demand. On the National Commodity and Derivatives Exchange, soybean for April delivery rose by Rs 2, or 0.05 per cent, to Rs 3,792 per quintal with an open interest of 61,030 lots. Soybean for May delivery went up by Rs 36, or 0.96 per cent, to Rs 3,776 per … [Read more...] about Agri commodities: Coriander, soybean futures rise on positive demand
Commodity market live rates
Mumbai: The 75-basis-point emergency interest rate cut by the Reserve Bank of India late in March has taken the shine off Masala Bonds — an offshore rupee-denominated debt instrument — for foreign investors. While the lower coupon rate on these bonds after the monetary easing does not make the cut at many overseas funds, the spectre of higher taxes could dash the appetite for this product. Masala bonds are issued by Indian entities on a foreign platform such as London Stock Exchange (LSE). The bonds were originally introduced in 2014 to help India stem the weakening of the rupee. These rupee-denominated bonds carry interest rate up to 5 per cent over and above State Bank of India’s base rate. After the rate cut by RBI in March, SBI’s base rate has fallen from 8.45 per cent to 8.15 per cent. This means the highest rate that masala bonds can offer has fallen to 13.15 per cent from 13.45 per cent. Market participants say while bigger and well known names such … [Read more...] about Masala bonds less palatable after rate cut
* CAGR as on 11 Mar 2019The above table shows Compounded Annual Growth Rate (CAGR) as on 11 Mar 2019 for one-time investments made on dates mentioned in Column 1 in BSE Sensex, Fund A, Fund B and Fund C.And what if someone invested every month up to March 2009 instead of one-time during the falling market. Let us look at how did those investments fared in Table 2Table 2: Investment done every month up to 9 Mar 2009 on the dates in Column 1 of Table 1 market up to March 2009BSE Sensex Fund AFund BFund CCAGR as on 11-Mar-1910.69%18.61%14.39%15.62% … [Read more...] about Can you always make money by investing in a falling market?
Loss of production“There have been reports of loss of production due to various factors, especially reduction in labour supply. In this situation, there is a possibility of inventory building/hoarding and black marketing, profiteering, and speculative trading, resulting in price rise of essential goods. The States have been asked to take urgent steps to ensure availability of these commodities at fair prices for public at large,” the MHA said. … [Read more...] about Coronavirus lockdown: Invoke Essential Commodities Act to curb black marketing, Home Secretary tells States
NEW DELHI: The Centre has asked the states and the union territories to invoke a stringent law to punish those indulging in hoarding and black marketing of essential commodities, saying such acts can't be ruled out due to the loss of production and labour crisis in the wake of the nationwide lockdown. In a communication to chief secretaries of all states and union territories, Union Home Secretary Ajay Bhalla said the Ministry of Home Affairs (MHA), under the Disaster Management Act, has allowed manufacture or production, transport and other related supply-chain activities in respect of essential goods like foodstuff, medicines and medical equipment during the 21-day lockdown. However, there are reports of loss of production due to various factors, especially because of the reduction in labour supply. "In this situation, the possibility of inventory building/hoarding and black marketing, profiteering, and speculative trading, and the resulting price rise of essential goods cannot be … [Read more...] about Invoke stringent law against those hoarding, black marketing essentials: MHA to states