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Govt raises import duty on ghee, butter to 40%

The decision was taken based on the request from milk producers seeking duty protection as there was a big drop in the prices of ghee, butter and butter oil in the international market.
World Bank trims China's 2015 GDP outlook to 6.9% from 7.1%

The Washington-based lender now expects the developing East Asia and Pacific (EAP) region, which includes China, to grow 6.5 percent in 2015 and 6.4 percent in 2016, down from 6.8 percent growth in 2014.
Gold will be in $2500-4500 range in 18 months: Juerg Kiener

In the current environment, Juerg Kiener the Managing Director & CIO of Swiss Asia Capital expects a QE exercise to help boost the system again.

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Global Commodity Markets

Govt raises import duty on ghee, butter to 40%

World Bank trims China's 2015 GDP outlook to 6.9% from 7.1%

Gold will be in &#36;2500-4500 range in 18 months: Juerg Kiener

Gold will be in $2500-4500 range in 18 months: Juerg Kiener