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Soyabean pared gains on profit booking after prices gained earlier on supply worries from United States following weak crop update report. US fall harvest is off to a slower-than-normal start this year as heavy rains drenched parts of the Farm Belt and stalled fieldwork last week. Farmers had collected 10% of the US soybean crop versus an average 13% from 2011 to 2015.  Wet weather and flooding halted combines in parts of the Midwest last week, with farmers behind schedule in states like Iowa, Minnesota and Wisconsin, where six times the normal amount of precipitation fell over some fields last week. About 68% of the US soybean crop is dropping leaves which down from 69% during the corresponding period last year but above from 64% with the 5 year average. For more Latest For news on Indian Stock Market Tips,Mcx Commodity Market Tips please visit us at  http://ripplesadvisory.com/free-trial.php  or call at 09827808090. Trading Ideas: Soyabean trading range...

For more Latest For news on Indian Stock Market Tips,Mcx Commodity Market Tips please visit us at http://ripplesadvisory.com/free-trial.php or call at 09827808090. Iran rejected on Tuesday an offer from Saudi Arabia to limit its oil output in exchange for Riyadh cutting supply, dashing market hopes the two major OPEC producers would find a compromise this week to help ease a global glut of crude. "The gap (in views) between OPEC countries is narrowing.  I don't expect that an agreement will come out of the consultations tomorrow," Saudi Energy Minister Khalid al-Falih told reporters. Iranian Oil Minister Bijan Zanganeh said earlier: "It is not the time for decision-making." Referring to the next formal OPEC meeting in Vienna on Nov. 30, he added: "We will try to reach agreement for November."  The Organization of the Petroleum Exporting Countries will hold informal talks at 1400 GMT on Wednesday. Its members are also meeting non-OPEC ...

Direct procurement of pulses by the government agencies at minimum support price (MSP) has helped farmers get 'better price' for their crop, an official announcement said here on Tuesday.  An inter-ministerial meeting here, presided over by Union Food Secretary Hem Pande, was informed that government agencies, including the Food Corporation of India (FCI), National Agricultural Cooperative Marketing Federation (NACMF) and Small Farmers Agri-Business Consortium (SFAC), have started procurement operations to ensure minimum support price to farmers after the arrival of the crop in Karnataka, Maharashtra, Madhya Pradesh and Rajasthan.  At least, 200 centres have already been set up in pulse-producing states to facilitate easier procurement by official agencies and more centres will be added after arrival of Tur crop in October-November, the Union Food Ministry said.  For more Latest For news on Indian Stock Market Tips,Mcx Commodity Market Tips please visit us ...

Gold prices were mostly steady in early Asia on Wednesday as investors navigated a mix of U.S. interest rate and presidential election views, prospects for an OPEC output freeze and an upbeat U.S. survey on consumer confidence. Gold for December delivery on the Comex division of the New York Mercantile Exchange inched up 0.01% to $1,330.55 a troy ounce. Earlier, Federal Reserve Vice Chair Stanley Fischer said Tuesday that the U.S. economy has started to generate better wages, but they need to go higher. "Finally incomes of working people began to rise faster than incomes of people higher up" on the income scale, Fischer said while answering questions at Howard University after a speech.  For more Latest For news on Indian Stock Market Tips,Mcx Commodity Market Tips please visit us at http://ripplesadvisory.com/free-trial.php or call at 09827808090.

Royal Bank of Scotland Group (LON:RBS) Plc will pay $1.1 billion to resolve claims that it sold toxic mortgage-backed securities to credit unions that later failed, the U.S. National Credit Union Administration (NCUA) said on Tuesday. The settlement with RBS brings the U.S. regulator's recoveries against various banks to $4.3 billion in lawsuits over their sale of mortgage-backed securities before the 2008 financial crisis. For more Latest For news on Indian Stock Market Tips,Mcx Commodity Market Tips please visit us at  http://ripplesadvisory.com/free-trial.php  or call at 09827808090. NCUA Board Chairman Rick Metsger said the regulator was pleased with the settlement and plans to continue "to pursue recoveries against financial firms that we maintain contributed to the corporate crisis." The settlement resolves lawsuits filed in federal courts in California and Kansas in the NCUA's role as the liquidating agent for Western Corporate Federal ...

Oil prices rose early on Wednesday, after sharp losses in the previous session, as industry data showed a surprise draw in U.S. crude stocks, although worries over a lack of agreement among producers to curb output kept a lid on gains.  For more Latest For news on Indian Stock Market Tips,Mcx Commodity Market Tips please visit us at  http://ripplesadvisory.com/free-trial.php  or call at 09827808090. Crude futures fell about 3 percent on Tuesday after Iran rejected an offer from Saudi Arabia to limit its oil output in exchange for Riyadh cutting supply, dashing market hopes the two major OPEC producers would find a compromise this week to help ease a global glut of crude. Members of the Organization of the Petroleum Exporting Countries (OPEC) will hold informal talks at 1400 GMT on Wednesday.  Its members are also meeting non-OPEC producers on the sidelines of the three-day International Energy Forum, being held in Algiers and which ends on Wednesday....

For more Latest For news on Indian Stock Market Tips,Mcx Commodity Market Tips please visit us at http://ripplesadvisory.com/free-trial.php or call at 09827808090. Stressing the need for investment to pick up in the infrastructure sector, Finance Minister Arun Jaitley here on Tuesday said the deficit in the sector was still "very large". "We need to concentrate on pick up in two sectors -- rural India and infrastructure. There is deficit of investment in these.  Many areas of infrastructure have started moving. But India's infrastructure deficit is still very large," Jaitley said at the State Bank of India (SBI) Banking and Economics Conclave. Along with the infrastructure, India also needs to concentrate on improving the health of the public-sector banks (PSBs), Jaitley said. "We are looking at the banking sector. Fear of consequences sometimes delays resolution.  PSBs are still constrained by old laws when it comes to resolution," ...