The Hindu Business Line : Friday, July 15, 2005

Gold trading in demat form launched
INVESTORS can now buy, hold and trade gold in dematerialised form without having to worry about parking it in a vault for its safe-keeping. The Multi Commodity Exchange (MCX), in association with the World Gold Council, has launched a new product ... More

Changes to Forward Contracts Act soon: Pawar
`Monsoon situation has improved, encouraging'
THE Government plans to amend the Forward Contracts (Regulation) Act 1952 (FCRA) to bring the provisions in tune with the current times and also strengthen and restructure the Forward Markets Commission (FMC), Mr Sharad Pawar, Union Minister for ... More

CLIMATE & WEATHER

MSSRF team to implement project on climate change
A CONSORTIUM led by the M.S. Swaminathan Research Foundation (MSSRF), Chennai, will implement a four-year project on `Vulnerability Assessment and Enhancing the Adaptive Capacity to Climate Change in Semi-Arid India' . Funded by the Swiss ... More

ANIMALS & LIVESTOCK

The long march
A scene from the busy M.G. Road in Thiruvananthapuram on Thursday. Despite a Government ban in the wake of an anthrax scare in Theni district of Tamil Nadu, herds of cattle continue to be brought from across the inter-State border into ... More

RUBBER

Rubber prices mixed as buyers turn cautious
Buyers were a bit cautious expecting more arrivals towards the weekend on favourable climatic conditions. Sheet rubber closed steady at Rs 64.75 in Kottayam. It improved to Rs 65 from Rs 64.50 at Kochi. While RSS 5 moved up marginally on ... More

TEA

Bengal tea talks fail
WEST Bengal government, on Thursday, held several rounds of discussions with the representatives of trade unions and the Indian Tea Association to end the strike in the tea industry, which entered its fourth day. According to sources, Mr Md ... More

Coonoor tea trade turnover rises in H1
THE turnover realisation of the auctions conducted by the Coonoor Tea Trade Association (CTTA) in the first half of this year has increased by 9.71 per cent over the same period a year ago. An analysis of the market reports shows that the ... More

TECHNICAL ANALYSIS

Spot gold may test support level
SPOT gold prices headed lower triggered by a narrower than expected US trade deficit in May. The US Government reported the trade gap in May narrowed to $55.35 billion, lower than expectations easing concerns on external deficits. Gold's rally ... More

METALS

Metals output rising amidst slowing demand
A RAFT of key base metal statistics for aluminium, copper, lead and zinc released in the last two days have generally confirmed rising output and slowdown in demand. The data suggest that while output additions are not fast, demand conditions ... More

OILSEEDS & EDIBLE OIL

Edible oils import up 27 per cent
EDIBLE oils imports increased by 27 per cent to 30,62,419 tonnes during first eight months of the current oil year (November 2004-June 2005) from 24,03,609 tonnes during the corresponding period last year. Imports in June 2005 were lower at ... More

SPICES & CONDIMENTS

Cardamom auctions begin; demand keeps buyers busy
CARDAMOM auction for the current season commenced on July 7 following advancement of harvest due to early crop. Early rains in May have advanced the crop and fresh green capsules have started arriving in the market. At the first auction at ... More

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