The Hindu Business Line : Friday, January 13, 2006

Membership in national bourses — FMC issues guidelines to regional commodity exchanges
THE Forward Markets Commission (FMC) on Thursday issued guidelines to the regional commodity exchanges for obtaining membership of national commodity exchanges. Under the new guidelines, any regional exchange wishing to take membership of a ... More

FARM CREDIT

PSBs courted on farm loans — Private, foreign banks behind targets
This year, foreign and private sector banks have reportedly refined their buy-out offers and have sought ready forward deals on surplus farm loans. More

WHEAT

Wheat prices gallop on tight supply — Govt confident of tackling the situation
WHEAT prices have increased to a record high on tight supply, but the Centre is hopeful that the situation will not get out of hand. On Thursday, wheat dara prices increased to Rs 1012.50 a quintal at Hapur, up from the previous close of Rs ... More

HORTICULTURE/FRUITS & VEGETABLES

Nurturing hopes
A grower irrigating a cabbage field near Udhagamandalam in Tamil Nadu. Advent of hybrid technology has given an impetus to vegetable production in the country. Availability of high temperature-resistant cabbage varieties has pushed up ... More

RUBBER

Rubber hardens on short supply
SPOT rubber prices moved up further, gaining strength from the bullish global indices. Domestic short supply gave further support to the sellers' sentiments, while covering groups and purchase agents turned comparatively more aggressive on sheet ... More

SUGAR

Kothari Sugars to hive off chemicals business unit
The company has, over the last two years, sold off its businesses in nitroaromatics and nitric acid. More

TECHNICAL ANALYSIS

Gold may consolidate, rise
SPOT gold prices extended higher helped by a downturn in dollar and geo political tensions in the West Asia. Recent movements in the currency markets suggest that gold's inverse correlation with the dollar is returning. Risk of profit-taking ... More

PRECIOUS METALS

Outlook for precious metals price seen positive
NO doubt, the precious metals complex made considerable gains during 2005; but the point of significance is that prices were driven not so much by fundamentals but by speculators. Experts see the strong upward momentum - for whatever reason ... More

BIO-TECH & GENETICS

Biotech crops make inroads globally
GENETICALLY-modified crops have made considerable inroads into traditional agriculture over the last ten years. Major biotech crops to have been successfully commercialised include cotton, corn (maize) and soyabean. After a decade of ... More

OILSEEDS & EDIBLE OIL

Edible oils import down 12 per cent
EDIBLE oils imports into the country declined by 12 per cent to 5,47,653 tonnes in the first two months of the current season (November 2005- December 2006 from 6,22,381 tonnes during the same period a year ago. Imports of edible oils during ... More

POULTRY

Egg prices cut on fall in offtake
A SLOWDOWN in consumption and higher output have put pressure on table egg prices in the past ten days. The Namakkal-based zonal committee of the National Egg Coordination Committee (NECC), which pruned its weekly price by five paise last week, ... More

SPICES & CONDIMENTS

Cardamom prices slip on record sales
LOW prices due to oversupply resulting from the bumper crop have pushed up sales of cardamom through auctions to record levels during the current season. Sales through auction centres in Kerala's Idukki district and at Bodinayakannur in Tamil ... More

WTO

Farm ills: Globalisation not to blame
THE Union Science and Technology Minister, Mr Kapil Sibal, is rather upset that Indian farmers are unable to obtain remunerative prices for their exports. He is convinced that globalisation, as practised under the WTO, is the reason for depressed ... More

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