The Hindu Business Line : Wednesday, September 21, 2005

MCX, Chicago Climate Exchange sign pact
THE Multi Commodity Exchange of India Ltd (MCX) and the Chicago Climate Exchange (CCX), North America's multi-sector marketplace for reducing and trading greenhouse gas (GHG) emissions, have signed a licensing agreement. As part of the ... More

AQUACULTURE

The claws
Fishermen in the coastal areas are now facing the threat of red crabs that cut through the strongest of nets with its claws. The menace is reported to be acute in Kollam and Alappuzha coast. Fishermen say that the red crabs surfaced from ... More

INSIGHT

Maharashtra sugar cane farmers — Bitter deal from weather, government
Sugarcane farmers in Maharashtra's Golden Triangle have been dealt a double whammy — by the floods that destroyed much of their crop and by the Government's disregard for their plight. Not only does the Government claim it cannot pay them the S MP, it forbids them from selling where they will get a better price. And while a package for rebuilding co-operatives has been announced, one wonders if there is a provision for the refund of locked-up share-money and dividends to the farmers, who ar e major stake-holders in the system, says Sharad Joshi. More

PLANTATIONS

Kamal Nath fails to turn up at Upasi meet
THE Union Commerce Minister, Mr Kamal Nath, has disappointed the apex body of plantations in the South - Upasi once again, by not turning up at its 112th Annual Conference. The members, who had assembled well in advance for the meeting ... More

UPASI chief calls for `change in thinking'
A PARADIGM shift in thinking within the prevailing economic architecture is the need of the hour, according to Mr Anil Kumar Bhandari, President of UPASI. Stating that this shift in thinking has never been more evident than at present, Mr ... More

Centre promises 5% export subsidy for arecanut
THE Union Government has promised 5 per cent export subsidy for arecanut, according to the Mangalore MP, Mr Sadananda Gowda. Presiding over a function to mark the release of three new products of the Central Arecanut and Cocoa Marketing and ... More

RUBBER

Rubber prices unchanged
SPOT rubber prices were steady on Tuesday. The absence of quantity buyers and sellers kept the prices static as the trading volumes were also in a low key. According to observers, the prices are expected to seek further lows since an improvement ... More

INTERNET

PNB launches Web site for farmers
PUNJAB National Bank (PNB) has launched a Web site — pnbkrishi.com — to cater to the specific needs of farmers. The Web site provides information relating to the crops such as foodgrains, vegetables, fruits, pulses, oilseeds, spices, ... More

PRECIOUS METALS

Firm trend emerges in gold futures market
EVEN before the advent of the festive season, firm trends have begun to emerge in the gold futures market in India. "The primary reason for the surge in gold futures has been the steady trends in the international markets. The advent of the ... More

COTTON

Cotton output seen at 255 l bales next season — CAB fixes this crop year's production at 243 lakh bales
THE Cotton Advisory Board (CAB) on Tuesday estimated a higher cotton crop of around 250-255 lakh bales (of 170 kg) for the next season 2005-2006 (October-September) over the current season's expected final crop of 243 lakh bales. Output during ... More

Maharashtra cotton federation facing problem of plenty
THE Maharashtra State Co-operative Cotton Growers Marketing Federation, the nodal body for procuring cotton in the State, is in a fix. The agency, saddled with an inventory of 25 lakh bales (of 170 kg), is faced with the prospect of fresh ... More

OILSEEDS & EDIBLE OIL

Soyabean oil makes significant gains over palm oil in domestic market
IN the ongoing battle between palm oil and soyabean oil for market share, the latter has scored a convincing victory insofar as India is concerned this year. India has generally been a strong votary for palm oil and perceived as virtually a ... More

CO-OPERATIVES

IRMA case: HC sets aside Director's reinstatement
IN a new twist to the ongoing power tussle at the Institute of Rural Management, Anand (IRMA), the division bench of the Gujarat High Court has set aside the reinstatement of Prof K. Prathap Reddy as Director of the institute. A single judge ... More

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