The Hindu Business Line : Saturday, October 18, 2003

MCX in strategic tie-up with 3 regional bourses
THE Multi-Commodity Exchange of India Ltd (MCX) has completed a trilogy in the series of strategic partnerships with three major regional commodities exchanges i.e. Bombay Bullion Association (BBA), Bombay Metals Exchange (BME) and the Solvent ... More

STORAGE

Silos project may be in place in 2 years
CENTRAL Warehousing Corporation (CWC), one of the joint venture partners in the national bulk wheat transportation/storage project conceived under the national storage policy, is hopeful that the work on networking the rail links and ... More

INSIGHT

Comparative advantage theory fails agriculture
The mechanics of farm price determination and the technological limits to deployment of capital in agriculture give the lie to the theory that free trade will benefit the poor farmers. The only way to secure higher incomes for the large number of peo ple in the rural areas is to move them from agriculture into manufacturing and services. More

FLORICULTURE

Flower show to popularise floriculture in Thiruvananthapuram
A FLOWER, fruit and vegetable show will be organised in the city in January next year. The 10-day event will begin on January 23, with the Kanakakunnu Palace as the main venue. Inaugurating the office of the `Flower, fruit and vegetable show ... More

RUBBER

Rubber market stays unchanged
THE rubber market remained unchanged on Friday. All the grades were steady on buyer resistance, while the sellers kept off reluctant to sell their stock at current levels since the world market was ruling at higher levels. The futures market ... More

SUGAR

Mulayam for cane SMP at Rs 87/qtl
EVEN assugar mills, both in the private and cooperative sector, have vociferously opposed the Commission for Agricultural Costs & Prices' (CACP) recommendation for fixing the statutory minimum price of sugarcane for the current 2003-04 crushing ... More

TEA

`Tea sector ills not due to labour cost'
STUDIES conducted on behalf of the German NGO, Freidrich Ebert Stiftung (FES), on the Indian tea industry have concluded that domestic labour should not be blamed for the misfortunes of the whole sector. According to Dr Sharit K. Bhowmik, ... More

Pak traders keen on tea from bought leaf units
"They have asked us to send some samples ahead. But we are looking at an order of one or two containers of fanning grade of tea.'' More

COTTON

Rising cotton prices lift yarn exporters' spirits
The bullish cotton and cotton yarn market trend is expected to last for another three or four months. More

SILK

Dumping duty likely on Chinese silk fabric imports
AFTER yarn, it may be the turn of Chinese silk fabric imports to face anti-dumping action. Chinese silk fabric is being dumped in the country at around Rs 65 per metre ($1-1.5), way below the price at which Indian silks sell at Rs 150-200 a ... More

OILSEEDS & EDIBLE OIL

Govt hikes edible oils tariff value — `Increase unlikely to affect market'
THE Ministry of Finance has raised the tariff values on various edible oils on Friday morning vide Customs notification 88/2003. For the palm complex, hike in tariff values ranged from a low of $25 a tonne for refined palm oil to a high of $40 a ... More

NATURAL CALAMITIES

`Lack of proper credit delivery cause for farmers' suicides': Moily
THE former Karnataka Chief Minister, Mr M. Veerappa Moily, has said that "lack of appropriate credit policy" is the main reason for the suicides of farmers in the State. Delivering the valedictory address at the fifth State-level conference of ... More

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line