The Hindu Business Line : Tuesday, August 01, 2006

COMMODITY EXCHANGES
Euronext.liffe, MCX ink pact
MCX and Euronext.liffe announced that they have signed a licensing agreement for MCX to use Euronext.liffe futures prices. The agreement, which takes effect immediately, will allow MCX to list domestic `mini' futures contracts for both robusta ... More

WHEAT
Australian vessel delayed
An Australian Panamax vessel, carrying more than 60,000 tonnes of wheat imported from Australia, will reach Mundra Port on August two, reports said on Monday. A spokesman of the Adani Group, which owns the private port, told Business Line that ... More

CLIMATE & WEATHER
July rains boost kharif coverage of all crops
Another bumper paddy crop forecast; groundnut acreage down More

Rain deficit down to 9 pc
Area-weighted rainfall deficit for the country as a whole with respect to ongoing monsoon has been marked down to nine per cent as on July 30 in latest estimates made officially. This represents a quantum positive jump compared to the 14 per ... More

PULSES
Urad futures trading below spot market price
Sharp fall in liquidity, open-interest positions More

HORTICULTURE/FRUITS & VEGETABLES
Mango exports to Japan to begin in November
With the Japanese Government lifting curbs on import of mangoes from India after 20 years, the Union Government is hopeful of exporting some varieties of mangoes from November. Encouraged by the Japanese response, the Centre has decided to ... More

RUBBER
Spot rubber prices bounce back
Spot rubber prices bounced back on Monday. The market gained further strength as covering groups and purchase agents turned active observing the bullish international markets. In the domestic scene, sellers stayed back expecting the trend to ... More

FINANCIAL PERFORMANCE
Balrampur Chini Mills net up 63 pc
Sugar major Balrampur Chini Mills Ltd has registered 87 per cent growth in turnover for the quarter April-June 2006 as compared to the corresponding quarter of 2005. Turnover for this period increased to Rs 412.34 crore from Rs 220.89 crore. ... More

ALUMINIUM
Man Ind okays plan to de-merge aluminium divn
The Board of Directors of Man Industries (India) Ltd, which met on Monday, approved a proposal to de-merge its aluminium division, describing it as a move to enhance shareholders value. The proposed scheme of de-merger envisages a share ... More

DAIRY & DAIRY PRODUCTS
Nabard to tie up with NDDB
Nabard has proposed to team-up with National Dairy Development Board (NDDB) to kick-start a first-of-its-kind Rs 2,000-crore milk project in the country. The FI, which will provide a substantial part of the funds required for the project, sees ... More

AGRICULTURAL INSTITUTIONS
Nabard chief moots `three pillars plan'
Says proposal will help achieve true financial inclusion More

OILSEEDS & EDIBLE OIL
Vegoil tariff values hiked
$15-21 hike for palm group of oils More

SPICES & CONDIMENTS
Pepper futures turn hot on rumours
Pepper futures shot up on Monday on rumours of price rise in other origins, especially Indonesia. There were conflicting reports that Lampung price gone up to $2,200 (f.o.b) and $2,500 (f.o.b) had influenced the market, market observers said. ... More