The Hindu Business Line : Friday, August 17, 2007

COMMODITY EXCHANGES
NMCE launches new series
Ahmedabad, Aug. 16 The National Multi-Commodity Exchange (NMCE) is launching 42 new series and six new ‘spread series’ for futures contracts in different commodities from tomorrow. Out of these 42 new contracts, the trading ... More

CLIMATE & WEATHER
Weakened flows pare rain surplus to 5%
Thiruvananthapuram, Aug. 16 Monsoon has temporarily gone into a weak phase yet again, this time under the draining influence of a Category-5 Super Typhoon, named Sepat, raging to the east of the Philippines. This was reflected in the ... More

CULTIVATION
Ministry plans to bring 40% more area under organic farming
New Delhi, Aug. 16 The Commerce Ministry has proposed a programme to augment 40 per cent more area under certified organic cultivation over and above the 1.10 lakh hectares in a bid to boost income of organic produce growers and spare the farm ... More

HORTICULTURE/FRUITS & VEGETABLES
GEAC clears large-scale trial of Bt brinjal
First-ever GM food crop to be tested at IIVR, Varanasi More

RUBBER
Spot rubber declines further
Kottayam, Aug. 16 Spot rubber declined further on Thursday. The resumption of tapping in major plantation areas to exploit the favourable turn in climate has already initiated a selling pressure in major marketing centres. Dealers and ... More

TEA
Nilgiris bought-leaf factories seek Central Govt help
Package comprising interest waiver, loan rescheduling More

METALS
Metal stocks see red with 717-point meltdown
Mumbai, Aug. 16 BSE Metal index suffered the biggest loss among the sectoral indices in the market mayhem on Thursday. The index fell 717 points to close at 10,690.33.Though the turbulence in metal stocks could not be directly ... More

FOODGRAINS
Favourable factors
More

COFFEE
Growers increase area under coffee on rising prices
Uptrend seen continuing for 5 years More

SPICES & CONDIMENTS
Cardamom prices gain on short supply
Poor arrivals add to trend More

Bears pull down pepper futures
Kochi, Aug. 16 Pepper futures market continued to decline on bearish activities as similar sentiments are said to be prevailing in the other origins because of the harvesting in Indonesia and in certain regions of Brazil.Besides, some ... More

AGRICULTURAL POLICY
CCEA okays scheme to boost farm growth
New Delhi, Aug. 16 The Cabinet Committee on Economic Affairs (CCEA) on Thursday gave its approval for a new additional Central assistance scheme to incentivise States that increase the share of agriculture in their State plans.Briefing ... More

COMMODITY MARKETS
Futures drop on sub-prime woes
Mumbai, Aug 16 Woes of sub-prime lending seem to have hit sentiments on the commodity futures exchanges, especially on soya complex, which tracks the international price movements. Almost all the agriculture commodity futures ended Thursday in ... More

OUTLOOK
Over-tightening expected in oil market: Barclays
OPEC unlikely to agree on raising supply at Sept 11 meet More

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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Top Stories
Growers increase area under coffee on rising prices

Fund managers remain positive despite markets’ huge fall

Polls may delay GSPC’s choice of partner

Banks must improve staff skills to curb money laundering: KPMG

SEBI working on regulating financial advisors

Rupee falls on global worries, equity sell-off

Oil marketing cos seek hike in petro product prices

GEAC clears large-scale trial of Bt brinjal

Looking back
Aug. 5-Aug. 11
Govt threatens to take over closed tea factories

Rupee may keep gold prices under check

Labelling norms on nutritional values put off

Low demand may soften crude palm oil price

NMCE launching new series futures contracts

STC keen on supporting back-end farm operations