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For the week ended July 10, the food price index grew by 12.47% as against 12.81% registered in same period of last year.

The index for fuel, power, light and lubricants group remained at their previous week's level of 14.27%, whilst it was minus 10.05% in the same week of 2009.

The twelve-monthly rate of inflation with regard to primary articles stood at 16.48% during the period under review as compared to 16.25% during the previous week and 6.45% during the same week of 2009.

After successfully hosting the Hero Honda FIH World Cup Hockey at the beginning of 2010, India is ready to host the FIH Champions Trophy (Men) by the coming year (2011).

The Executive Board of the International Hockey Federation (FIH) has chosen India to be the location for hosting the trophy in 2011.

The FIH Champions Trophy is planned to be hosted in India in December next year.

During the same year, Olympic and World Champion Netherlands will host the Women's FIH Champions Trophy.

FIH will announce the dates for both the events later.

Natural gas trimmed all of its gains to end flat despite forecasts for hot weather next week, as a potential storm threat to production in the U. S. Gulf of Mexico weakened. The U. S. Energy Information Administration is expected to report Thursday that 53 billion cubic feet of gas were added to storage during the week ended July 16.

Jeera August contract gained Rs 596 and settled at Rs 15491 a kg as robust domestic demand, firm global prices and poor stocks strengthened sentiment. Syria and Turkey have raised prices in the international market, diverting overseas demand to India. At Unjha, the benchmark spot market in Gujarat, jeera gained 498.50 rupees to end at 14,650 rupees per 100 kg.

The contract made intraday low of Rs 14929 a kg and high of Rs 15491 a kg. Support for jeera is at 15116 below that could see a test of 14742. Resistance is now seen at 15678 above that could see a resistance of

Turmeric yesterday we have seen that market has moved 2.18% on good demand in the spot and overseas inquiries. Overseas demand is gaining pace. In Nizamabad spot market, turmeric gained 58 rupees to end at 15,653 rupees. Market has opened at 14770 & made a low of 14732 versus the day high of 15218.

The total volume for the day was at 10970 lots and the open interest was at 8565. Support for turmeric is at 14811 below that could see a test of 14529. Resistance is now seen at 15297 above that could see a resistance of 15501. Trading Ideas: Turmeric trading range is 14529-15501.

Chana gained Rs 61 and settled at Rs 2408 per quintal as good demand from millers amid poor supplies and concerns weak rainfall over kharif pulses growing areas may hamper sowing, aided sentiment. In the spot, demand is good from millers and prices may continue to move up.

In Delhi spot market, chana moved up 9 rupees to end at 2,284 rupees per 100 kg. The volume was noted at 250640 lots. Support for chana is at 2361 below that could see a test of 2314. Resistance is now seen at
2435 above that could see a resistance of 2462.