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The current uranium sales policy is being reviewed by Australian Federal Resource Minister, Martin Ferguson. According to him, Labour government should lift the ban on the sale of uranium to India because India deserves special consideration.

He said that when it comes to India the government should bring some flexibility and some modernization in the policy.

Government had claimed that 2G spectrum loss is zero where as CBI contradict these calculations and come across a loss of Rs 50,000 crore. The agency said that revenue loss due to manipulation of policy and under-pricing of spectrum would lie between Rs 22,000 crore and Rs 50,000 crore.

All these figures were revealed by the Director of Central Bureau of Investigation, AP Singh before the Parliament's Public Accounts Committee (PAC).

A senior official said that two years back, Air India has committed to go green and aims to become India’s first green airline.

Now as a part of process, national air-carrier, Air India has sketched the company’ corporate environment policy, said by Chairman and Managing Director, Arvind Jadhav. The policy includes reduction in carbon emission, noise and other forms of pollution along with cutting down of consumption of fuel and other natural resources.

Aluminium yesterday traded with the negative node and settled -1.11% down at 112.95 on lower than the expected level of US retail sales in January which rose by 0.3% from December which had created pressure on US dollar index weakened slightly, China announced on Tuesday that the consumer price index (CPI) in January increased by 4.9% on a yearly basis, triggering investor concerns over more monetary tightening measures in China.

Natural gas yesterday traded with the positive node and settled 1.71% up at 181.2, rebounding from a three-month low as forecasts of colder weather in the U. S. boosted expectations for increased demand for the heating fuel. Earlier this week we have seen natural gas prices fell below 180 level, but sparking some bargain buying from traders reluctant to bet that prices would fall further as forecasts showed cooler weather than initially forecast in the U. S. next week.

Turmeric yesterday we have seen that market has moved 0.19% as some overseas enquiries supported the prices. However rising arrivals from the fresh crop and estimated higher production weighed on prices. Supplies from the fresh crop are continuously rising in the spot market. Local demand is almost negligible on apprehensions of a further fall in prices.