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Jeera prices rose by 0.62% to Rs 13,445 per quintal in futures market today as speculators enlarged their positions, supported by fresh export demand.     However, rising supplies in the spot market and higher production hopes, restricted the upside.        At the National Commodity and Derivatives Exchange, jeera for delivery in July rose by Rs 82.50, or 0.62%, to Rs 13,445 per quintal, with an...

  • Posted on : Wednesday , 5th June 2013
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Having established itself as a major fuel retailer in Mauritius, India's leading public sector oil company IOC is planning fresh investments to expand its capacity in the island nation. Besides, it is also looking to expand into other African markets by making Mauritius as its base for the region, IndianOil Mauritius Ltd (IOML) Managing Director Ranjan Kumar Mohapatra said here. IOML is a wholly owned subsidiary of Indian Oil Corp Ltd...

  • Posted on : Monday , 27th May 2013
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The Federation of Thai Industries (FTI) will this month review its full-year automotive export value target amid mounting pressure on car makers from the strong baht. "The number of cars, 1.1 million vehicles to be exported this year, will remain unchanged, but export value in baht terms may need to be revised due to the continuing strength of the currency," said Surapong Paisitpatanapong, spokesman for the FTI's automotive industry...

  • Posted on : Saturday , 18th May 2013
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India could export 8.3 million tons of rice this year, making it the world’s leading rice exporter for two years in a row, the Food and Agriculture Organisation (FAO) said today. India last year surpassed Thailand as the top exporter for the first time in three decades, shipping 10.3 million tons of milled rice compared with Thailand’s 7.0 million. “We estimate that at he end of this year, India will remain the number...

  • Posted on : Monday , 20th May 2013
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The Indian leather industry holds a prominent place in the Indian economy as one of the top ten foreign exchange earning sectors, said  Minister of State in the Ministry of Commerce and Industry Dr. D. Purandeswari. "This sector is known for its consistency in high export earnings and is among the top ten foreign exchange earners for the country. It is an employment intensive industry, providing jobs to about 2.5 million people,...

  • Posted on : Saturday , 18th May 2013
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