The Hindu Business Line : Saturday, March 31, 2007

NMCE launching new jute, metal contracts
National Multi-Commodity Exchange of India Ltd (NMCE) is launching new series for futures trade in raw jute from March 31, and in six base metals from April 2. The new series in raw jute will be available for futures trading up to five months ... More

CLIMATE & WEATHER
Heat wave in Gujarat seen as good augury
May ease off with the next western disturbance More

AWARDS & HONOURS
Glendale bags Golden Leaf Award
Glendale Estate in the Nilgiris has for the second year in a row bagged the "Golden Leaf Award" for its `SFTGFOP' (Super-Fine Tippy Golden Flowery Orange Pekoe) grade of teas. The Estate had in the first ever auction held at Las Vegas in March ... More

Hatsun Agro also declines Apeda award
Protests milk powder exports ban More

COMMODITIES
Inflation rate unchanged as primary articles rule firm
Wholesale Price Index of all commodities up at 209.4 More

HORTICULTURE/FRUITS & VEGETABLES
Bt brinjal food quality same as conventional one: Study
`Protein test on rats, animals shows no toxicity' More

PLANTATIONS
Arecanut-based drugs get commercial licence
ALTERNATIVE USES More

RUBBER
Spot rubber pares early losses
Spot rubber was steady on Friday. Initially, the market lost ground in the morning session lacking buyers but recovered later to conclude flat in the wake of a bullish trend in international and domestic futures. Sheet rubber closed unchanged ... More

Futures woes
LACKING FUNDAMENTALS: A worker engaged in making rubber sheets at a processing unit near Kochi. Sheet rubber prices have been ruling firm over Rs 90 a kg, toeing the futures market. Firm prices in the futures market are seen as not supported by ... More

SPICES & CONDIMENTS
Pak import move lifts turmeric futures
Turmeric futures on NCDEX increased by 2.41 per cent to Rs 2,338 per quintal on Pakistan's decision to import 2,500 tonnes. Pepper futures gained 3.18 per cent to Rs 13,838 per quintal on the back of strong international prices. Domestic spot ... More

Pepper futures rebound
Pepper futures, which fell on speculation that the Centre was cutting Customs duty, bounced back strongly on Friday. "It appears to be an unsuccessful attempt by some operators," market observers told Business Line. Those who sold on ... More

AGRICULTURAL POLICY
Gujarat passes Bill allowing electronic trade in farm produce
The National Multi-Commodity Exchange (NMCE) has welcomed the passage of a long overdue Agricultural Produce Market (Amendment) Bill 2007 in the Gujarat Legislative Assembly on Thursday. Reacting to the passage of the Bill, an NMCE spokesman ... More

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