Commodity Outlook for Guar by Kedia Commodity

Commodity Outlook for Nickel by Kedia Commodity

Posco issues to be settled shortly: Anand Sharma

Anand-SharmaOn Thursday, Commerce Minister Anand Sharma with his South Korean counterpart has said that the issues which are interrupting the Posco project in Orissa would be soon resolved.

South Korean trade minister Kim Jon-Hoon has said on Thursday that both countries should work together to locate a solution if there are any environmental concerns. He is in India to join in the India-Korea joint meet.

There are some issues and very soon the problems will be removed. The necessary clearances will appear and the remainder issues will get settled as stated by Sharma.

Commodity Outlook for Zinc by Kedia Commodity

Rise in profits for Reliance Industries and ONGC

Reliance-IndustriesIndian energy firms Reliance Industries and Oil and Natural Gas Corp have registered remarkable hike in their quarterly profits. This profit is earned in the support of rising oil prices.

During October-December there was a 14 per cent rise in crude oil prices, it should enlarge limits for Reliance. It is expected that it would probably help India's largest listed company to post a record quarterly profit and nationalized ONGC its biggest quarterly percentage profit jump in near six years.

Commodity Outlook for Copper by Kedia Commodity

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