Officials said that this was being done “consciously” to project Jharkhand as a state that had to offer much more than coal mining or heavy industries, a perception created for the state over the years.
Gold imports stand at $2.04 billion, down 29.94% from the year-ago month
According to the agriculture ministry’s second advance estimates of crop production for this year, total foodgrain output will surpass the previous all-time-high of 2013-14.
Globally, gold fell 0.67 per cent to USD 1,224.70 an ounce and silver by 0.78 per cent to USD 17.80 an ounce in New York yesterday.
The metal for delivery in February was trading higher by Rs 72, or 0.25 per cent, to Rs 29,093 per 10 grams in a turnover of 454 lots.
This is the lowest level of inflation rate recorded since the new CPI series was launched in January 2014. Retail inflation was at 3.41 per cent in December.
Forex dealers said increased demand for the US currency from importers and dollar's gain against other currencies overseas put pressure on the rupee.
"One board will provide better services. So, we are working to form one specialised body with different verticals," a senior commerce ministry official told media.
At the end of November, OPEC agreed to cut output by 1.2 million bpd from January 1, initially for a period of six months.
In the national capital, gold of 99.9 per cent and 99.5 per cent purity suffered a setback of Rs 400 each to Rs 29,500 and Rs 29,350 per 10 grams, respectively -- a level last seen on January 16, when it had closed at Rs 29,500.
US bank Goldman Sachs said that high fuel inventories as well as rising US crude production mean that oil markets will remain over-supplied for some time.
Resumption of construction activity after the Lunar New Year break is boosting demand for steel and other raw materials, analysts said.