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Sugar prices up on fresh demand

Mumbai, Mar 3 (UNI) Sugar prices edged up on fresh demand, Bombay Sugar Merchants' Association traders said today.

Sugar in small and medium grade rose by Rs 10 each per quintal on better buying support.

Sugar in ex-mill small and medium grades rose by Rs 15 and Rs five per quintal, respectively, because of higher advice.

Following were the spot wholesale rates per quintal: Small grade: Rs 1,460/1,500, Medium grade: Rs 1,485/1,565, Ex-mill: Small grade: Rs 1,460/1,470, Medium grade: Rs 1,480/1,490.

UNI

Kandla Port handled 47.5 MMT Cargo till current fiscal

Gandhidham, Kutch Dist, Mar 3 (UNI) Kandla Port has crossed yet another milestone by handling 47.5 MMT cargo during the current fiscal year upto February this year. The port has surpassed its own previous record of 46.30 MMT handled during 1999-2000 fiscal year. This achievement was more commendable as it was achieved in the backdrop of increasing competition from the nearby private ports in the region, Kandl Port Trust release said here today. With the present trend in traffic growth, Kandla.....

Tata Steel not to acquire plants in near future : Ratan Tata

Jamshedpur, Mar 3(UNI) Tata Steel Chairman Ratan Tata today reiterated that the acquistion of Anglo-Dutch steel company Corus was a right step towards becoming a global steel giant and both the companies will formally merge in April next. Speaking to mediapersons, Mr Tata, who came here on the occasion of Founder's Day celebrations of Tata Steel, said though the bid for Corus appeared to be a little high priced, the acquisition of the company was done keeping an eye towards future......

Gold, silver decline sharply

Mumbai, Mar 4 (UNI) Spot Silver and Gold declined sharply by Rs 620 per kg and by Rs 235 per ten gm respectively during the week ended March three on the Bombay Bullion Exchange. Silver .999 fineness grade opened to a nine-and-half month high on Monday last at Rs 20,810 per kg on higher advices from domestic industrial users. The white metal recorded a high of Rs 20,810 on February 26 and a low of Rs 19,080 per kg on March.....
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