The Hindu Business Line : Monday, December 04, 2006

COMMODITY EXCHANGES
NSEL finds Kerala ideal for launching operations
For National Spot Exchange Ltd (NSEL), Kerala is the ideal place to commence spot commodity trading operations, as there are no agriculture produce marketing committees (APMCs) to contend with. The Multi Commodity Exchange of India (MCX), ... More

RICE
`TN Govt not involved in Bt rice trials'
The Tamilnadu Agriculture Minister, Mr Veerapandi Arumugam, has said that the State Government is in no way involved in the experiment on Bt rice development. It is a purely private initiative by Mahyco and Monsanto. Referring to the recent ... More

WHEAT
Over 33 lakh tonnes of imported wheat arrive
20 lakh tonnes moved to FCI depots More

CLIMATE & WEATHER
Bay under watch as north braces for a chill
The forecast for a brewing `low' in the Bay of Bengal is being maintained even as an approaching western disturbance is tipped to induce a cyclonic circulation creating violent weather in that part of the country. Forecasters are keenly ... More

`Heavy rainfall events may drive Indian monsoon'
Study shows increased risk of flooding and other natural disasters More

CULTIVATION
TN to exceed targeted crop area this year
Thanks to surplussing rivers and surcharged groundwater table, Tamil Nadu is revising its crop estimation this year. Its overall crop area is expected to exceed the target by about four lakh hectares (10 lakh acres) at least, the State ... More

HORTICULTURE/FRUITS & VEGETABLES
Potato cultivation in full swing in West Bengal
The State has a potato production surplus of around 45 lakh tonnes. More

PLANTATIONS
National meet on plantation crops
A national symposium — the 17th plantation crops symposium, on "Plantation crops for sustaining ecosystems" will be held here from December 5 to 8. The symposium organised by the Indian Institute of Spices Research, Kozhikode, and the ... More

TEA
Coonoor tea up
Prices rose on an average Rs 2 a kg at the auctions of the Coonoor Tea Trade Association (CTTA) here when the demand firmed up to absorb the reduced volume on offer. The volume of 12.38 lakh kg on offer was the lowest of the last six weeks. ... More

TECHNICAL ANALYSIS
COMEX gold may consolidate, rise
Gold futures ended higher on Friday, but reversed early gains on weekend profit taking despite the dollar sinking to its lowest level against the euro and crude prices rising near recent highs. The dollar slid to its lowest level in months ... More

Palm oil may test support level
Malaysian crude palm oil futures ended sharply lower as the dollar weakened against the ringgit making palm oil exports more costlier. This coupled with a fall in soya oil futures resulted in profit taking. Better-than-expected exports data ... More