Gold demand increases record 11% to touch 894 tn in Q4 2000 Gold demand in the world's leading gold-consuming countries during the fourth quarter of 2000 has touched 894 tonnes, up 11% over the demand in the same period of 1999. Sima alleges spinning sector evaded Rs 700-cr excise duty In what could be perceived as a statement with wide ramifications, the Southern India Mills' Association (Sima) has alleged that the domestic spinning industry has evaded excise duty amounting Rs 700 crore in the year 1999-2000. Edible oil import up 27% in three months Import of edible oils have jumped to 1,233,431 tn during the three months period to January 2001 against 972,132 tonne for the same quarter of the last year. Bullion looks up; oil steady Briefing
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