The Hindu Business Line : Saturday, July 01, 2006

RICE
LT Overseas files Red Herring
Owner of `Daawat' brand of basmati rice, LT Overseas Ltd has filed its Draft Red Herring Prospectus with the Securities and Exchange Board of India. The company proposes to offer 78,00,000 equity shares of Rs 10 each for cash ... More

CLIMATE & WEATHER
Bay `low' set to intensify soon
System may move west-northwest More

CONTRACT FARMING
Govt to form advisory panel to close gaps in food chain: Sahai
The Union Government has decided to constitute an Advisory Committee to examine and close the gaps in the entire food chain, along with the formation of a sub-committee with representatives of all the stakeholders to elicit suggestions for ... More

COMMODITIES
Inflation up on costlier food, energy products
Wholesale price index for all commodities at 203.4 More

HORTICULTURE/FRUITS & VEGETABLES
Mango exports to Japan resume
The first export consignment of mangoes to Japan, after 20 years, was sent from Mumbai on Friday. Japan had imposed a ban on import of Indian mangoes in 1986 on the ground of infestation by melon fruit fly and oriental fruit fly. ... More

Pocket
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RUBBER
Spot rubber prices improve
Physical rubber rates improved on Friday. Covering groups and purchase agents kept the market slightly firm, as there were no quantity sellers in main marketing centres. Certain major manufacturers were reported to be active at lower levels ... More

GOLD & SILVER
7 members join World Gold Council
The World Gold Council (WGC) announced that Agnico-Eagle Mines, Cambior, Coeur D'Alene Mines, Eldorado Gold Corporation, Goldcorp, IAM Gold and Kinross have joined the council. The council now represents 24 companies accounting for 38 per cent ... More

METALS
Metals rise as Fed signals end to interest rate hike
Analysts expect market to remain bullish in short-term More

Copper surplus in Q1: ICSG
In the first quarter of this year, the global refined copper market was in a surplus of 64,000 tonnes compared with a deficit of 89,000 tonnes in the same period last year, the International Copper Study Group said in its latest monthly ... More

FOODGRAINS
Deficient rains may hit cotton, oilseeds
Truant monsoon presents a gloomy picture; rice sowing down More

OILSEEDS & EDIBLE OIL
Buying props up soya, groundnut oil
Refined soya oil and groundnut oil ruled higher on the local edible oils market on Friday on renewed buying enquiries. Castor seed August contracts ended higher on continued buying support. Imported crude soya oil was up Re 1 at Rs 373 per 10 ... More

Palm oil tariff values hiked
But cut for crude soyabean oil More