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Friday, March 11, 2005

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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES


HDFC Bank to pick 5 pc stake in MCX
HDFC Bank has announced its strategic participation in the equity of Multi Commodity Exchange of India Ltd (MCX). HDFC Bank would pick up equity stake of nearly 5 per cent in MCX, reliable sources said. This move will help MCX to cement its ... More

WHEAT


Rains, hailstorm ring alarm for wheat crop
IF it was the early onset of summer last year, it is unseasonal rains and hailstorms that are a source of concern this time for the country's wheat crop due to be harvested from mid-April. The last couple of days have seen heavy rains along ... More

CLIMATE & WEATHER


Thundershowers, rains forecast in Kerala
THE Agromet Bulletin dated March 10, issued by the Meteorological Centre Thiruvananthapuram, forecasts isolated rains/ thundershowers in all districts of Kerala over the next few days. Four districts — Thiruvananthapuram, Alappuzha, ... More

RUBBER


Rubber static amidst scattered trade
DOMESTIC spot rubber rates continued to rule static amidst low trading activities. Scattered transactions failed to initiate any price variations but the undercurrent remained firm as growers and traders seemed confident enough to stay away ... More

TEA


Dubai Tea Trading Centre receives first consignment
THE Dubai Tea Trading Centre (DTTC), a Dubai Government entity formed in late 2004, has begun operations, with the receipt of first stocks of multiple origin tea, totalling 182 tonnes, from India and Vietnam. Mr Sanjay Sethi, Project ... More

Coonoor tea trade complains of tech snags in e-auctions
THE Tea Board Chairman, Mr N.K. Das, is expected to give details of the Board's efforts to ensure smooth conduct of e-auctions on Saturday when he will inaugurate the speciality tea auction at the Coonoor Tea Trade Association. Although the ... More

TECHNICAL ANALYSIS


Spot gold may rise higher
SPOT gold prices rallied higher as the dollar weakened post the non-farm payroll data. Gold got an extra lift after the US Labour Department said non-farm payrolls rose 262,000 in February, a much better number than market expectations. But the ... More

AGRICULTURAL POLICY


Power connections to AP ryots
HYDERABAD: The Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara Reddy, has asked the Transmission Corporation of AP (APTransco) to release 50,000 new agricultural power connections as approved by the State Government. Reviewing the ... More

CREDIT CARDS & DEBIT CARDS


Corporation Bank to launch kisan card
CORPORATION Bank will launch `Corp Kisan Card', a debit card for farmers, at Yeshwanthpur-Malur in Kolar district on Sunday. A release said here on Thursday that the bank, in association with VISA International, would launch Corp Kisan Card. ... More

EVENTS


Asian soaps meet to discuss wide-ranging issues
THE Asian Conference on Soaps, Detergents and Cosmetics to be held for the first time in India has attracted wide attention. Organised by the Oil Technologists Association of India (Western Zone), the conference will bring together all players in ... More


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Top Stories
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Glenmark Laboratories merges operations with Tasc Pharma

PFC, French co, UN eyeing rural electrification pie

Rains, hailstorm ring alarm for wheat crop

Higher VAT exemption cap may mean lower Central compensation

Mid-caps, small-caps continue to thrive

In Focus

BHEL Disinvestment
The Yuan Revaluation
Dabhol power regenerated
Tracking the rains
Sethusamudram Canal Project
India Inc's overseas acquisition
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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Feb. 27-Mar. 5
Govt slaps safeguard duty on tapioca starch

Speculative buying seen lifting global grain prices

Cotton yarn exports begin to dip as made-ups make headway


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