The Hindu Business Line : Thursday, January 11, 2007

COMMODITY EXCHANGES
`Policy on FDI in commodity exchanges in 4-6 weeks'
The policy relating to foreign direct investment in commodity futures exchanges and foreign institutional investor ownership of such exchanges will be announced in about 4-6 weeks, said Mr Yashwant Bhave, Secretary, Union Ministry of Consumer ... More

Pepper, sugar futures fall
Almost all the agro commodities on NCDEX closed in the red as investors rolled over their positions with many contracts expiring on January 15. Traders will have to square positions five days before the futures contract expires. Weak ... More

CLIMATE & WEATHER
No `all clear' on El Nino front just yet
The Australian Bureau of Meteorology (BoM) said in its update on Wednesday that the El Nino event in the equatorial Pacific has showed signs of weakening, but stopped short of giving the all clear just yet. A renewed but temporary ... More

STORAGE
Haldia dock to get agri commodities storage facility
Part of Commerce Ministry's Rs 72-cr scheme for Bengal More

AQUACULTURE
Aquaculture to be developed in coastal States
The Marine Products Export Development Authority (MPEDA) is pushing for development of aquaculture in coastal States such as Gujarat, Maharashtra and Orissa through a mission mode programme, according to its, Director (Marketing), Mr Kuruvilla ... More

FLORICULTURE
Pochiraju Industries IPO to open on January 15
Price band fixed at Rs 25-30 More

RUBBER
Spot rubber pares gains on panic sales
Spot rubber prices finished in green though panic selling at higher levels reduced the gains to a great extend on Wednesday. Rumours about a possible 10 per cent reduction on import duty for NR hit the market circles triggering a selling spree ... More

SUGAR
Balrampur: Betting on expansion
Analysts are watching the Re 1-face value Balrampur Chini Mills stock for what some of them say are plans chalked out by the company for expansion. The sugar outfit, which has half a dozen units in Uttar Pradesh, is adding to its production ... More

TEA
Tea stocks back in limelight
Increase in consumption, recovery in price augur well for industry More

GOLD & SILVER
IOB begins sale of gold coins
Indian Overseas Bank, Visakhapatnam region, has started selling gold coins in denominations of 4 gm, 8 gm, 20 gm and 50 gm. Mr M.N. Krishnan, Chief Regional Manager, said at a press meet here on Tuesday that the gold coins would be imported ... More

CASHEW
Indian cashew team to visit Vietnam
Efforts to form global alliance for trade promotion More

EXPORTS & IMPORTS
Pak, Egypt, Iran identified for boosting tea exports
Islamabad looking to sell cotton, molasses to India More

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