James E Burton took over as the Chief Executive Officer of the World Gold Council in October 2002. Many consider this as an important step in the ongoing development of the WGC as a commercially-driven gold marketing organization. Burton revitalized the organisation, focusing on its mission as the marketing organization for the gold industry. He restructured the senior management team, reduced staff overheads, allotted fund for priority programs.
India also happens to be the most richly endowed agricultural nation in Asia having 169 million hectares of arable land, accounting for one-tenth of the world's arable land and a fifth of the world's irrigated land at 56 million hectares with a coastline extending to 8000 km and vast marine wealth. India is the 10th most industrialised country and fourth largest economy in terms of purchasing power parity with its GDP projected to grow at nearly 8 per cent in 2006-07.
Futures trading in commodity markets is a booming business these days in India. But not many people know the technical terms used in commodity futures trade. Check out below the technical jargons of commodity futures explained in simple language.
Global warming, which will increase the temperatures up to 4.5 degree celsius by the end of the century, will hit rice cultivation hard by reducing production by 7 to 60 per cent this century.
Oil occurs in certain geologic formations at varying depths in the earth's crust, and in many cases elaborate, expensive equipment is required to get it from there. Read below all you need to know about the oil industry in the world.
Futures and Options are terminologies used in the commodity derivatives markets. But what are they, and how do they operate?
Copper is one of the most widely used metals across the globe. But you need to know some interesting facts on copper.
Ginger is the hot and happening commodity now. In fact, the National Multi-Commodity Exchange is mulling expansion of its futures basket and launch of trade in dried ginger and cashew.
Attend the World Neem Conference that will teach you the fine art of caring for Neem trees.
Although traders cannot predict the future, they must make intelligent guesses as to what the future holds.
Futures trading in commodity markets is a booming business these days in India. But not many people know the technical terms used in commodity futures trade. Check out the technical jargons of commodity futures explained in simple language.
Commodity ETFs (exchange traded funds) attempt to track the price of a single commodity, such as gold or oil, or a basket of commodities by holding the actual commodity in storage, or by purchasing futures contracts.
Funds collected by the mutual fund will be invested in gold and hence the net asset value of the ETF will be largely dependent upon price of gold minus the administrative costs of the AMC and the mutual fund.
One of the world's rarest and most sought after collector coins, the 1933 Double Eagle, was sold at Sotheby's auction house in New York on Tuesday July 30, 2002 for the record sum of $7.59 million.
A section of politicians want futures trading in commodities banned. But experts say futures market is essential for India to catch up with the rest of the world. A heated debate is on in the booming commodity futures market.
A geographical indication is a sign used on goods that have a specific geographical origin and possess qualities or a reputation that are due to that place of origin.
For the first time, the Indian rupee is going to be traded in the global futures market.
Before entering into buy and sell transactions please be aware of all the factors that go into the mechanism of pricing, trading and clearing.
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