The Hindu Business Line : Friday, September 09, 2005

NCDEX to launch Brent crude futures from September 15 — Ties up with IPE for real-time quotes
INDIAN corporates and other energy users can now use the Brent crude contracts to hedge their price risks on the National Commodity and Derivatives Exchange Ltd (NCDEX). The International Petroleum Exchange (IPE), Europe's leading energy ... More

COMMODITIES

Commodity prices touch 24-year high in Aug — India, China glitter in gold sales
IN August, commodity prices surged to a record 24-year high; India and China were commonly identified as the driving force behind copper, crude and gold rally. Today, the gold price has hit a record high, and the two Asian countries have helped ... More

FOOD & DAIRY PRODUCTS

Ofen brings Swiss baking technique to Hyderabad
IF enterprise is all about new ideas and doing things differently, here is one such illustrative case of how to bake breads innovatively. "We have the best of everything - automotives, hotels, food items including authentic Biryani. Then why ... More

HORTICULTURE/FRUITS & VEGETABLES

Shooting up
Onions being unloaded at the Yeshwanthpur APMC yard in Bangalore on Thursday. The prices have risen to Rs 1,000-Rs 1,300 a quintal from Rs 450 - 650 last month. Retail prices are ruling around Rs 16 per kg. The onions come from Maharashtra. The ... More

RUBBER

Rubber rules steady
As weathermen predicated a better turn in climate towards the weekend, which might consecutively boost production and arrivals, most of the buyers stayed back hesitating to enlarge their commitments. Major manufacturers also kept a low profile as ... More

SUGAR

UP moves SC against quashing of sugar delicensing policy
THE Uttar Pradesh Government has filed a special leave petition in the Supreme Court against a ruling by the Allahabad High Court quashing the Union Government's sugar de-licensing policy. On Wednesday, the apex court fixed as September 12 the ... More

TEA

Tea Board to tackle quality issue to raise exports — Sets 200 million kg export target for 2005
THE Indian Tea Board has set an overall export target of 200 million kg (mkg) for 2005. Plans are on to produce more orthodox tea and address issues of quality and packaging to garner a bigger share of the global export market, said the Board's ... More

Best S. Indian teas to be showcased in China meet
ORGANISERS of the United Planters Association of Southern India 112th conference are planning to position the South Indian teas appropriately in the domestic and international markets by unfolding the hidden quality attributes. They will do ... More

Looking dim
A plantation worker plucking tea leaves in an estate near Kalpetta in Kerala's Wayanad district. Though tea production during January-July increased by 11.5 per cent to 312.75 million kg (mkg) compared with the corresponding period last year, ... More

TECHNICAL ANALYSIS

Gold likely to consolidate in range
SPOT gold prices ended marginally higher on Wednesday, as the dollar strengthened against the major currencies. Sell-off in the crude oil futures markets affected sentiment in gold, as it is considered a hedge against inflation. The US ... More

OILSEEDS & EDIBLE OIL

Castor cake, meal to get benefits under Vishesh Krishi Upaj Yojana
THE Commerce and Industry Ministry has notified that fats and meals of tree borne oilseeds as well as castor cake and meal would be eligible for benefits under Vishesh Krishi Upaj Yojana. The Director General of Foreign Trade has issued a ... More

SPICES & CONDIMENTS

Spices Board to launch Flavourit in US next month
THE Union Commerce Ministry has approved the launch of the `Flavourit' brand of Indian spices, promoted by the Spices Board, in the US markets from mid-October. The Centre has agreed to bear 50 per cent of the cost of launching, while the rest ... More

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