The Hindu Business Line : Wednesday, January 10, 2007

COMMODITY EXCHANGES
Cardamom, urad continue to gain
After falling for two weeks, cardamom futures for January delivery on MCX gained 4.63 per cent to Rs 384 per kg as arrivals in the Kerala spot markets slowed down. "There has been good demand for cardamom from North India especially from Delhi ... More

Margins for `commodity' guarantees
Commodity traders will have to bear the same margin requirements as that for stockbrokers. In a notification issued on Tuesday, the RBI has asked banks to maintain a minimum margin of 50 per cent and minimum cash margin ... More

RICE
Rice gene patent for Avesthagen
Avesthagen on Tuesday announced that it has been granted a patent by the Indian Patent Office on `cloning and sequencing of AGTSAL 11 rice gene from IR-64 variety implicated in salinity stress tolerance.' The invention is expected to provide ... More

WHEAT
High wheat prices result in offtake being hit
Weaker sections reported to have shifted to other cereals More

INSIGHT
Freeing and empowering the Forward Markets Commission
Given the radical nature and the volume of changes involved in amending the Forward Contracts (Regulation) Act, 1952, it would be better to scrap it completely and draft a revised Bill. More

RUBBER
Rubber futures gain marginally
The rubber futures recorded moderate gains on Tuesday. A sharp bounce back in Japanese futures catalysed the domestic sentiments encouraging the traders to take fresh positions in the raw material. The price firmed up in all contracts on NMCE. ... More

DAIRY & DAIRY PRODUCTS
Aiding growth
SERVING TO MEET DEMAND: A country boat transporting milk in the backwaters of Alappuzha, Kerala. The boat serves as a mobile milk collection centre. The country's milk output is projected to have topped 100 million tonnes last year, thanks to ... More

COTTON
`Promote Indian Cotton brand'
Cotton crop for 2006-07 is estimated at 270 lakh bales (170 kg each), while arrivals till December 31 were an estimated 112 lakh bales, as per the consensus arrived at the All-India Cotton Conference held on January 6 at Bathinda, Punjab's major ... More

POULTRY
Suguna Poultry to launch layer breed next month
GERMANY'S LOHMAN More