The Hindu Business Line : Wednesday, June 22, 2005

`Commodity futures market likely to more than treble by 2010'
THE commodity futures market is expected to grow by over 352 per cent to touch an estimated business of Rs 12,00,000 crore and will have the potential to generate additional employment for over one lakh people by 2010, according to the findings ... More

WHEAT

TN roller flour millers a worried lot — Taxation, freight anomaly in wheat, products
ROLLER flour millers in Tamil Nadu say that the State's wheat products market has become vulnerable to dumping from millers from neighbouring Karnataka and those from northern States due to anomalous railway freight and skewed sales taxation ... More

CULTIVATION

AP to study China irrigation schemes
IMPRESSED by the success of China in the fields of irrigation and agriculture, the Andhra Pradesh Government has decided to send a team of scientists, experts and officials from the Acharya N.G. Ranga Agricultural University (ANGRAU) to China ... More

HORTICULTURE/FRUITS & VEGETABLES

Agro Dutch may gain from dumping case filed on China
AGRO Dutch Industries Ltd, producer of integrated mushrooms, is likely to benefit from an unexpected anti-dumping case on canned mushrooms against China in Mexico. Mexican Mushroom Packers Association (MMPA) recently filed a case for ... More

RUBBER

Imports hit crumb rubber producers
WITH prices falling and domestic offtake remaining low, crumb rubber producers are in dire straits, as their installed capacities are grossly under-utilised, according to the Cochin Rubber Merchants Association. "Against their installed ... More

Dull session keeps rubber prices flat
SPOT rubber prices were flat on Tuesday. The market activities were limited as buyers and sellers kept a low profile throughout the session. According to observers the major manufactures are keeping out of the market as they are sitting ... More

SUGAR

Balrampur Chini exits branded sugar biz
INDIA'S biggest sugar producer, Balrampur Chini Mills Ltd, has withdrawn from the branded sugar sector after failing to generate much enthusiasm among the consumers. The company introduced its branded product under the Balrampur Chini (Pyaar, ... More

Shree Renuka takes Rs 23-cr delivery
MUMBAI: Shree Renuka Sugars Ltd on Tuesday announced that it has received delivery of 12,470 tonnes in June futures contracts on the National Commodity and Derivatives Exchange (NCDEX). The sugar delivery, valued at Rs 23 crore, will ... More

Sugar prices seen firm on growing demand
SUGAR prices in the country may remain firm in the next few months due to an upturn in demand amidst lower supply. Industry sources said overall demand during the current season 2004-05 (October/September) was expected to grow by about six per ... More

PRECIOUS METALS

Fresh buying, short covering push gold up
GOLD continues to be the focus of attention in the precious metals market as prices push above 440 an ounce in dollar terms and above 360/oz in Euro terms. The key to the move continues to be the major public arguments taking place among ... More

BIO-TECH & GENETICS

GM groundnut variety to be tested at Icrisat
A GENETICALLY modified groundnut variety, which is immune to the tobacco streak virus (TSV), is likely to be tested at the greenhouse level at International Crops Research Institute for the Semi-Arid Tropics (Icrisat) in Hyderabad before the ... More

OILSEEDS & EDIBLE OIL

Sri Lankan vanaspati imports hurting local industry: IVPA
IT is a strange case of Indian producers of vanaspati located in Sri Lanka competing with vanaspati producers in India. Several Indian companies that have set up vanaspati manufacturing facilities in Sri Lanka export the product to India to ... More

GENERAL INSURANCE

Varsha Bima: A scheme in evolution
IN THE article `Weather insurance: Taking on the rain Gods' (June 15, Business Line), the author Sharad Joshi questioned why farmers alone were covered under Varsha Bima, when in ... More

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