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Oil glut in Cushing, pipeline bottlenecks hit WTI sweet crude

2011-04-01 00:00:00

NEW YORK, Mar 31 (Commodity Online): North America has witnessed phenomenal growth in oil supplies and is among the largest contributor to non-OPEC oil supply growth. However, pipeline bottlenecks have created problems for WTI sweet crude oil making it the...

Gold steady, physical traders' eye US jobs data

2011-04-01 00:00:00

MUMBAI, Mar 31 (livemint.com): India gold was steady Thursday afternoon as support from overseas markets was offset by a stronger rupee, and physical buyers postponed their buying till the US jobs data Friday which could decide price direction. The most-active...

Copper may gain despite Japan, China slowdown

2011-04-01 00:00:00

LONDON, Mar 31 (Commodity Online): Copper in London may advance for a second day on expectations of robust demand. LME three-month contract climbed as much as 0.4 per cent to touch $9,619 a tonne before being traded at $9,588.50 at...

Russia grain output to surpass drought-hit level

2011-04-01 00:00:00

MOSCOW, Mar 31 (Commodity Online): Russia's grain harvest is expected to recover strongly from last year's drought-hit levels, rising 23m tonnes or 38 per cent, to 84 million tonnes, the USDA said. In a report, the USDA's Moscow office however...

India spice exports up 4pc

2011-04-01 00:00:00

NEW DELHI, Mar 31 (The Economic Times): Spice exports from the country rose by almost four per cent to 4,71,165 tonnes during April 2010-February 2011 period on back of major increase in shipments of ginger, garlic, chilli and fennel, Spice...

Japan palm oil consumption remains steady

2011-04-01 00:00:00

TOKYO, Mar 31 (Commodity Online): Quake hit Japan's palm oil consumption remained steady despite the devastating earthquake and tsunami on March 11, but demand could potentially increase in the longer term. Analysts said palm oil demand in Japan is still...

USID to sell coal mines in Wyoming's Powder River Basin

2011-04-01 00:00:00

WASHINGTON DC, Mar 31 (Commodity Online): The US Interior Department (USID) announced plans to sell mining leases for federal lands in Wyoming's Powder River Basin holding about 750 million tonnes of coal. "Coal is a critical component of America's comprehensive...

Rusal triples its annual profits in 2010

2011-04-01 00:00:00

MOSCOW, Mar 31 (AFP): The world's top aluminium producer, Russia's Rusal, announced Thursday that its net profits more than tripled in 2010 to $2.87 billion, due to growing demand for the metal, particularly in China. The company saw its profits...

Indian confectionery market to rank 14 globally by 2014

2011-04-01 00:00:00

MUMBAI, Mar 31 (Business Standard): The Indian confectionery market which is ranked 25th globally in value terms in 2009 is expected to grow at a rapid pace and jump up to 14th position by 2014, said a report from Datamonitor....

S Lanka industrial exports surge in Jan, trade deficit narrows

2011-04-01 00:00:00

COLOMBO, Mar 31 (LBO): Sri Lanka's exports surged 72.4 per cent in January 2011 to 813.4 million US dollars, helped by 121.9 per cent increase in apparel exports to 385.4 million US dollars, the central bank said. Imports of textiles...

Bullock carts disappearing from Rangpur landscape

2011-04-01 00:00:00

Our Correspondent RANGPUR, Mar 31: Bullock carts are now on the verge of extinction in Rangpur district as rickshaw vans are replacing them in the rural areas carrying both passengers and goods to different destinations. According to sources, the bullock...

50 houses gutted

2011-04-01 00:00:00

Another message adds: At least 50 houses gutted in a devastating fire that broke out at Hanumantala slum area in Rangpur town Monday. Locals said the fire originated from electric short circuit at a house which soon spreaded to adjacent...

Train catches fire, one injured

2011-04-01 00:00:00

Our Correspondent JESSORE, Mar 31: A cook of an express passenger train was burnt and injured in a fire while the train was coming towards Jessore from Rajshahi at around 11:50 Thursday. Some portion of the compartment that is used...

Free medical camp held

2011-04-01 00:00:00

Our Correspondent GOPALGANJ, Mar 31: A day long free medical camp for patients was held at Raghunathpur under Gopalganj Sadar Upazila of the district recently, organised by Bangladesh Medical association (BMA), Gopalganj district unit. At least 29 doctors including 18...

Glorious role of RU in '71 recounted

RU Correspondent | 2011-04-01 00:00:00

RU CorrespondentRAJSHAHI UNIVERSITY, Mar 31: The role of the Rajshahi University (RU) in the liberation war was a glorious one. Family members of the university including teachers, students and employees contributed tremendously to the war of independence. Dr. Shaheed Shamshuzzoha...

Rampant sale of sub-standard guidebooks goes on in Kushtia

A Correspondent | 2011-04-01 00:00:00

A Correspondent KUSHTIA, Mar 31: The business of sub-standard notes and guidebooks has been gaining momentum in the district during the current academic year defying the existing law of the Ministry of Education and the government. It is known that...

Human chain demands arrest of Roni killers

2011-04-01 00:00:00

NARSINGDI, Mar 31 (BSS): A human chain demanding an immediate arrest of the killers of Billal Hossain Roni, General Secretary of Narsingdi Government College Students Union and president of the college unit of Jatiyatabadi Chhatra Dal was held in front...

Farmer changes lot from vegetables cultivation

2011-04-01 00:00:00

GAIBANDHA, Mar 31 (BSS): A farmer here has set an example in changing his fate radically through cultivating different varieties of vegetables and fruits on his land and homestead. The successful farmer is Amir Hossain Bepari (48), son of late...

Breach on WDB embankment panics people

2011-04-01 00:00:00

SATKHIRA, Mar 31 (UNB): Local people have been panicked as a breach developed on an embankment of Water Development Board (WDB) at Khanjia point in Devhata Upazila Friday. Locals said the dam may collapse at the point at any time...

Silted riverbanks grabbing goes on in Jhenidah

A Correspondent | 2011-04-01 00:00:00

A CorrespondentJHENIDAH, Mar 31: Most of the rivers in Jhenidah district, including Chitra, Navaganga, Buribhairab, Kumar, Kapatakkha and Gorai see gradual shrinking and taking advantage of it a section of influential people, mostly belonging to political parties, are grabbing land...

NATO takes sole control of Libya air operations

2011-04-01 00:00:00

BRUSSELS, Mar 31 (AP): NATO's chief said Thursday the alliance doesn't support US and British suggestions that the UN mandate for the international military operation in Libya allows arming rebels who are fighting Moammar Gaddafi's troops. NATO assumed command of...

Govt critics under fire in China crackdown

2011-04-01 00:00:00

BEIJING, Mar 31 (AFP): Rattled by Arab unrest and the growing power of the Internet, China has launched its harshest crackdown on dissent in years, which rights groups say has wiped out years of effort by bold activists. At least...

Radiation slows recovery of dead near Japan plant

FUKUSHIMA, Japan, Mar 31 (AP): In the sh | 2011-04-01 00:00:00

FUKUSHIMA, Japan, Mar 31 (AP): In the shAuthorities are increasingly turning to international help in stabilizing the plant and stemming the tide of radiation, while simultaneously dealing with the other disaster wrought by a March 11 tsunami: the decimation of...

New attack on Pak Islamic party kills 13

2011-04-01 00:00:00

PESHAWAR, Mar 31 (AFP): A suicide bomb blast targeting an Islamic party chief killed at least 13 people in northwest Pakistan Thursday, officials said -- the second attack against him and his supporters in two days. The bombing took place...

India's population climbs to 1.2b

NEW DELHI, Mar 31 (AP): India is now hom | 2011-04-01 00:00:00

NEW DELHI, Mar 31 (AP): India is now homThe South Asian nation still saw a double digit jump in people, adding 181 million in the past 10 years, said C. Chandramouli, the census commissioner. The 17.6 per cent increase was...

Obscure group claims kidnap of Estonians in Lebanon

2011-04-01 00:00:00

BEIRUT, Mar 31 (AFP): An obscure group has claimed the kidnapping of seven Estonians in Lebanon by sending an email to a local website along with copies of the ID cards of three of those abducted, the head of the...

Al-Qaeda hails ME 'tsunami of change'

2011-04-01 00:00:00

HONG KONG, Mar 31 (AFP): Al-Qaeda in the Arabian Peninsula has welcomed the wave of revolutions engulfing the Middle East as a "tsunami of change", the SITE monitoring service said Wednesday. Several articles in the latest issue of the group's...

Syria moves to scrap emergency law

2011-04-01 00:00:00

Syria is to set up a judicial committee to study the abolition of its emergency law, in force since 1963, the state news agency said, reports Aljazeera.net. Thursday's announcement came a day after Bashar al-Assad, the Syrian president, blamed "conspirators"...

Yemen Islamist leader urges president Saleh to leave

2011-04-01 00:00:00

One of Yemen's most influential political figures says President Ali Abdullah Saleh must leave the country, not just step down from power. Hamid al-Ahmar, of the Islamist Islah party, told the BBC of opposition plans to escalate anti-government protests, reports...

British tourists stranded after Thai floods

2011-04-01 00:00:00

British tourists are among thousands stranded in popular Thai holiday resorts after severe flooding swept through the south of the country. At least 15 people have drowned or been buried in mudslides caused by the unseasonable downpours. The Foreign Office...