Financial Daily from THE HINDU group of publications
Tuesday, December 16, 2003
Agri Prices (Dec. 15)
Sugar S301286 (1290)
Palm oil428 (426)
Groundnut oil ready505 (490)
Castor BSS390 (387)
Coconut oil ready6825 (6825)
Pepper garbled ready6900 (6900)

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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES


NCDEX begins online commodities trading
THE National Commodity & Derivatives Exchange Ltd (NCDEX) on Monday launched its online commodities trading in all nine major commodities. Mr S.B. Mathur, Director, NCDEX and Chairman, Life Insurance Corporation of India (LIC), inaugurated the ... More

NCDEX online trading begins in Coimbatore
THE online commodities futures trading under the National Commodity and Derivatives Exchange Ltd (NCDEX) got off to a start in the city on Monday, coinciding with its commencement of operations at the national level. The online trading platform ... More

WHEAT


Wheat rakes for millers yet to roll to Karnataka
THE recent announcement allotting wheat rakes for moving grains from the Food Corporation of India (FCI) had provided a glimmer of hope for supply-starved millers, but for the Karnataka Roller Flour Mills Association, it has failed to change the ... More

CULTIVATION


Is corporate farming really the solution for Indian agriculture?
Contract farming is increasingly being presented as the way out of the morass in which Indian agriculture now finds itself, and is being actively promoted by major international donor agencies, multinational companies and the Central Government. In t his edition of Macroscan, C. P. Chandrasekhar and Jayati Ghosh consider the experience with contract farming internationally and recently in India, to see the effect upon farmers. More

RUBBER


Rubber moves up on active purchases
The arrivals decreased as the global markets showed positive trend. All the grades improved on moderate buying while ungraded rubber and latex remained steady on poor demand. RSS 4 improved to Rs 53.50 from Rs 53.25 a kg on Saturday. At the ... More

TEA


UPASI may launch tea futures by March-end
THE UPASI Commodities Exchange Ltd is likely to kick off futures trading in tea by March-end. Mr N. Dharmaraj, Convener, UPASI core committee on tea futures, told Business Line that the online trading platform was ready and the ... More

PRECIOUS METALS


AngloGold to cut forward sales further
ANGLOGOLD Ltd, the world's third largest miner, plans to cut forward sales of gold by 34 tonnes next year. It also plans to considerably cut the hedge book of Ashanti Goldfields, which is to be merged with AngloGold. "About 20 per cent of ... More

DAIRY & DAIRY PRODUCTS


Cow belt?
Cows grazing in the lush green high rangers of Munnar in Kerala. Milk production in the State is far short of demand; as such, it depends on milk from outside the State that has been found to be adulterated. ... More

FOODGRAINS


FCI decision on grain export allocation in Jan
`We will get a clear picture about Andhra Pradesh by the middle of next month and that should be the time for us to decide whether to resume fresh allocations for exports.' More

OILSEEDS & EDIBLE OIL


Edible oil imports fall during Nov
EDIBLE oil imports into the country during November 2003 were at an estimated 3,12 728 lakh tonnes (lt), down from 3,34, 428 lt in November 2002, according to the latest data prepared by the Solvent Extractors' Association of India. Out of ... More

POULTRY


Venkateshwara Hatcheries to cut chick supply
VENKATESHWARA Hatcheries (VH) group has decided to reduce the supply of day-old chicks to restore the balance between demand and supply and ensure remunerative prices to farmers. In a press release here on Monday, the VH group Chairperson, Ms ... More

AGRICULTURAL POLICY


Supportive policy regime key to food processing: McKinsey
THE food processing industry has to be low on cost and high on quality to tap the global markets. But Indian companies have a long way to go and a supportive policy regime is needed, according to a report by international consultants, ... More

EVENTS


`Centre must desist from fixing rates on agri goods'
THE Central Government should desist from fixing prices of agriculture produce since it skews the market, according to an action plan proposed by Rabo India Finance Pvt Ltd. The Government should also encourage foreign investment in food ... More
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Mid-Term Monetary and Credit Policy for the year 2003-2004

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Top Stories
Is corporate farming really the solution for Indian agriculture?


Tech sector salaries above market median, says study

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Move to create level-playing field for life-saving drugs

Supportive policy regime key to food processing: McKinsey

FCI decision on grain export allocation in Jan

In Focus
Steel Industry in 2003
Outsourcing backlash
Stamp paper scam
Housing finance scenario
Insurance Round-up — 2003
Organic farming
The Cable tangle
Telecom Competition
Oil PSUs: Disinvestment dilemma
Rising intolerance
(The Hindu)
Vaishnavaite Temples in Tamil Nadu
(The Hindu)
Saivite Temples in Tamil Nadu
(The Hindu)

In Depth
Insurance Corner
Swati CA
Simple Economics
Slowburn
Tax Talk
NRIs & Investment Avenues
Iraq Diary

Looking back
Dec. 7-Dec. 13
Vanaspati: Good news for eastern region units

Sugar exports losing momentum

Whose intellect, what property?

Above normal weather threatens rabi crops — Record area under gram


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