The Hindu Business Line : Sunday, June 06, 2004

COMMODITY EXCHANGES
NMCE to shift trading to VSAT network
THE Ahmedabad-based National Multi-Commodity Exchange of India (NMCE) has decided to shift its online trading operations from Virtual Private Network (VPN) connectivity to VSAT/terrestrial leased line network from July 1. NMCE is among the few ... More

TECHNICAL ANALYSIS
Palm oil futures may consolidate
MALAYSIAN crude palm oil futures on MDEX ended mostly higher on Friday reversing early losses possibly due to short covering and profit taking. News of China trying to re-negotiate prices of vegetable oil shipments already contracted after ... More

COFFEE
Coffee powder prices up; further hike likely
With this, the price of pure coffee powder has increased to Rs 140 a kg in rural centres, while it has touched Rs 150 a kg in Chennai city. Trade sources, when contacted, did not rule out the possibility of a further hike in the price levels if ... More

TOBACCO
Tobacco industry plea for exemption from VAT regime
THE tobacco industry is planning to ask the Government to exclude the sector from the proposed value-added tax (VAT) regime and seek withdrawal of the 15 per cent excise surcharge being levied as the National Calamity Contingency Duty. The ... More

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`Madras Fert networth hit by urea pricing policy'

Centre clears Kochi marina project

Forex reserves up $1.248 b

Wage issue: Bank officers' union threatens strike

EPCG norms on second-hand imports now a bone of contention

Looking back
May. 30-Jun. 5
Tea auction goes online in Coimbatore

Southern tea output seen down for fourth successive year

Increasing global demand seen reviving tea exports

Jan-April tea output declines to 127.2 mkg

April spices export doubles on surge in chilli shipments