The Hindu Business Line : Wednesday, August 30, 2006

COMMODITY EXCHANGES
MCX to focus on broad commodities
Mr Jignesh Shah, MD and CEO of Multi Commodity Exchange (MCX) on Tuesday said the exchange would focus on broad commodities with global linkages to enhance its share in the agri-commodity futures market. "We have done reasonably well in broad ... More

RICE
Targeting $1 billion
MANIFOLD INCREASE: Paddy being winnowed at a field in Kerala's Thrissur district. Rice exports from the country have jumped five-fold during the last five years and shipments are expected to top $1 billion this fiscal. The country exported ... More

CLIMATE & WEATHER
`Low' concentrates into depression
To intensify further More

SEEDS
TNAU, Rasi Seeds in pact
The Tamilnadu Agricultural University (TNAU) and the private seed company Rasi Seeds have entered into a collaborative agreement. Under this, the Attur-based Rasi Seeds will take up seed production and marketing of crop varieties or hybrids ... More

INSIGHT
Needed, macro-remedies for agriculture
Without the much-needed investment in agriculture, and given the growing indebtedness of farmers, farmer suicides could become an epidemic across the country. More

HORTICULTURE/FRUITS & VEGETABLES
Costly stuff
WITH ONAM around the corner, demand for fresh vegetables is soaring and so are the prices. Workers sort out lady's finger at Meenakshipuram on the Kerala-Tamil Nadu border. ... More

RUBBER
Spot rubber prices decline
Rubber declined on fresh selling from dealers and growers on Tuesday. Domestic prices recorded moderate losses amidst buyer resistance as TOCOM lost heavily on long liquidation inspired from the bear hammering in gold and oil counters coupled ... More

SUGAR
Gulshan Sugars' first phase expansion may get over by Nov
Gulshan Sugars and Chemicals Ltd is expecting to complete the first phase of its Rs 175-crore expansion plan by November this year and the second phase by March 2007. The Chairman and Managing Director of the company, Mr C.P. Jain, said, "With ... More

TEA
ITA sees turnaround in tea sector's fortunes
However, H1 production down by 10 mkg More

Lock-out at Doom Dooma Tea division
Last week an indefinite lock-out was declared at the Panikhowa division of the Samdang tea estate belonging to Doom Dooma Tea Company Ltd after a group of workers assaulted senior managers. Doom Dooma Tea Co, which earlier belonged to Hindustan ... More

Extension of transport subsidy urged
The South India Tea Exporters' Association (SITEA) has appealed to the Tea Board for extension of the transport subsidy. The association has stated that the extension of this subsidy, as was being given to tea exporters who used ... More

FOODS & FOOD PROCESSING
Global Green acquires Belgium co
Acquisition will give foothold in Europe More

GOLD & SILVER
Gold trapped in ranges
No guidance from Bernanke blamed for dull trading More

DAIRY & DAIRY PRODUCTS
SBI, VRS Foods sign pact
State Bank of India and VRS Foods Ltd and Ved Ram & Sons with their brand name as `Paras' have entered into an agreement to finance farmers to set up dairy units and its entire value chain. This agreement is expected to help increase milk ... More

GRB ghee launched for Onam
GRB Dairy Foods Pvt Ltd has launched GRB ghee in the Kerala market to coincide with the Onam festival season. According to Mr G.R. Balasubramaniam, Managing Director, the company targets Rs 50 lakh sales per month in the State ... More

AGRICULTURAL INSTITUTIONS
AP signs MoU with Nabard for revival of co-operatives
Rs 2,200-cr revival package to benefit 2,746 PACs, 22 DCCBs More

JUTE
JCI staff seek merger with National Jute Board
Multiplicity of activities cited as reason More

SPICES & CONDIMENTS
Cardamom prices fall Rs 20/kg
Drop seen as technical correction More

GENDER
Bank of India scheme for farm women
Tuber Institute to be technology partner in credit scheme More

COMMODITY MARKETS
Milk powder, ghee prices spurt to record highs
Skimmed milk powder rates up Rs 20/kg since July More

EVENTS
Meet to discuss commodity as an asset class
For the first time in the country, a national-level commodity conference will seek to answer whether commodities are an emerging asset class, according to Radical Communications, organisers of Commasset 2006. Some of the key speakers in the ... More

UPASI annual meet
The 113th annual conference of United Planters' Association of Southern India (UPASI) is slated for September 16 at Coonoor. Mr Jairam Ramesh, Union Minister of State for Commerce, is expected to inaugurate the conference and Mr ... More

MARKETING
Lalu assures farm produce outlets at railway stations
Keen to take up the project in collaboration with the private sector More