The Hindu Business Line : Friday, November 03, 2006

COMMODITY EXCHANGES
Fine for taking fresh positions before contract expiry hiked
The Forward Markets Commission has further tightened the noose on overplay of speculative interests in the commodity futures market. Subsequent to its directive in May this year, the regulator has asked the exchanges to levy higher penalty on ... More

RICE
Non-basmati rice exporters see EU market opening up
Fallout of US shipping rice with traces of GMO More

AQUACULTURE
Salim Group keen to invest in $2-m fish farm project
Will help bridge demand-supply gap: Minister More

Dwindling species
RARE CATCH: A tribal exhibiting his catch, a baby Golden Mahseer fish (tor putitora), at the dam of the Ranganadi hydel project in Arunachal Pradesh on Thursday. Known to reach nine feet in length and 54 kg in weight, the Golden Mahseer is ... More

HORTICULTURE/FRUITS & VEGETABLES
Bengal potato prices show signs of stability
Spot prices ruling at around Rs 500 More

RUBBER
Spot rubber softens
Rubber prices softened further on Thursday. The market fell amidst low volumes due to lingering supply concerns. The trend of the day was ridden mainly by weak global futures and the ongoing lorry strike to protest against imposing the speed ... More

TEA
Tata Tea can use 5 pc of Assam estate area
For undertaking non-tea activities by proposed company More

Huge volume at Coonoor tea sale
More numbers likely because of good rains More

FINANCIAL PERFORMANCE
Amrit Banaspati Q2 net up 6.38 pc
Amrit Banaspati Company Ltd (ABCL) has reported a growth of 6.38 per cent in its net profit for the second quarter ended September 30, to Rs 3.33 crore against Rs 3.13 crore in the corresponding period last fiscal. It also ... More

POULTRY
High maize price continues to bother poultry sector
Ruling high on increased export opportunity More

SPICES & CONDIMENTS
Pepper prices fall on selling pressure
Pepper prices dropped to two digit levels on Thursday on heavy selling pressure from brokers through "cell calls". All future deliveries fell sharply on account of this bearish operation, which had pushed the Indian prices to the lowest levels ... More

Cardamom prices dip on selling pressure
Delhi strike `reduces scope for resale' More

UTI Venture Funds to invest $6 m in VKL
UTI Venture Funds, the private equity arm of the Unit Trust of India group, is making a private equity investment of $6 million in the Kochi-based Vallabhdas Kanji Ltd (VKL) through its Ascent India Fund, according to an official press release ... More

COMMODITY MARKETS
Gold soars on weak dollar
Weaker than expected readings in some economic data have reportedly pushed Euro/USD to a recent high of 1.2873 which has lifted investor sentiment in gold. In the London market, on Wednesday, after falling briefly below $600 an ounce, the metal ... More

WTO
US scuttles Indian plea for WTO panel on shrimp
ANTI-DUMPING DISPUTE More

INTERVIEW
Technocrats have let down agriculture
"Our system of agricultural research has not met the needs of the small farmer in dryland farming... " More

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Top Stories
Murugappa Group to set up units in Uttaranchal

Technocrats have let down agriculture

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Fuel the `inclusive' model of development

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Tata Tea can use 5 pc of Assam estate area

Looking back
Oct. 22-Oct. 28
Gold: Sideways trading seen in short-term

Slowdown in steel output may arrest price fall

Cumin exports up three-fold

Palm oil Customs duty: What will happen after Dec 31?

Cotton prices slide on higher arrivals

GMR Ind prepares for Rs 1,000-cr expansion