Financial Daily from THE HINDU group of publications
Saturday, August 28, 2004

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MCX delivers 145 t of chana physically
MULTI-COMMODITY Exchange of India Ltd (MCX) has successfully completed delivery-based settlement in agro-commodities, and 145 tonnes of chana (gram) physically delivered in the maiden settlement. This is the largest quantity being ... More

Fertiliser reforms — Two steps forward, one step back
Having initiated long-needed action to remove controls on urea pricing and distribution in 2003, why is the government now going back on that decision? Distribution controls are relevant only in a situation of shortage, which is not the case with ure a. So the rhetoric that decontrol is not in the country's interest hardly holds water, says Uttam Gupta.. More

Rubber export subsidies may be slashed 50 pc
The Union Commerce Ministry is expected to make an announcement shortly. More

Rubber futures up on renewed buying
The futures flared up further on renewed buying interest quoting the September delivery at Rs 55.95 (55.53) on Friday. The October delivery was quoted at Rs 53.70 (53.50), November delivery at Rs 52.89 (52.63) and December delivery at Rs 52.50 ... More

Haryana co-op sugar mills bag awards
THE co-operative sugar mills of Shahabad and Sonipat in Haryana have won five national awards announced by the Technical Committee of National Federation of Cooperative Sugar Factories, New Delhi for 2003-04. A spokesman of the Haryana ... More

Good demand props up Kochi tea prices
A GOOD general demand resulted in the spurting of prices of almost all varieties of tea at the Kochi tea auction. Of the quantity of 984,000 kg on offer in the dust category, high priced CTC's steady to occasionally dearer by a rupee. All ... More

Record wheat, maize output forecast
BUOYED by larger than expected yields in the US and Europe, global wheat output during 2004-05 is expected to hit a new record of 614 million tonnes (mt), some 60 mt more than 554 mt harvested in the previous year. World consumption, on the ... More

Are port curbs on edible oil imports desirable?
MUCH on expected lines, the suggestion to impose port curbs on edible oil imports (Business Line, August 26) with the objective of closely monitoring arrivals so as not to compromise on both revenue and quality, has generated protests from ... More

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Top Stories
Pharma units seek duty sops for R&D

Pharma, biotech the new draw for overseas Indians

Rubber export subsidies may be slashed 50 pc

World Bank lending to India may go up to $3 b

RBI prescribes norms for loans against NRI deposits

Hopes on end to truckers' strike

Inflation dips to 7.94 pc; vegetable prices soar

Penicillin makers curtail production — Fall in prices of end products

Looking back
Aug. 15-Aug. 21
Rubber imports up 65 pc in first quarter

Pulses output hit as cultivation shifts to marginal areas — Output unlikely to exceed 13 mt this year

FCI bond market foray on hold

Fertiliser sales up despite delayed monsoon

Classification row over palm oil import duty

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