The Hindu Business Line : Saturday, September 29, 2007

COMMODITY EXCHANGES
Merrill Lynch, Citigroup pick 5% each in MCX
Mumbai, Sept. 28 Merrill Lynch and Citigroup have acquired 5 per cent stake each in the Multi Commodity Exchange of India Ltd (MCX). The total 10 per cent stake was purchased from Financial Technologies (India) Ltd. Financial ... More

CLIMATE & WEATHER
Deficit rainfall in North, northwest
The southwest monsoon will end this year’s season with a surplus of five per cent (three per cent till last week) on the back of a scorching late-in-the-season run powered by ‘low’ twins to the east and west of the country. ... More

CULTIVATION
India pips US to become 2nd largest cotton producer
Increase in yield, Bt varieties, better crop management practices More

AQUACULTURE
Smooth sailing
More

COMMODITIES
Cheaper food items keep inflation rate on leash
Wholesale price index for all commodities declines to 214.4 points More

HORTICULTURE/FRUITS & VEGETABLES
Del Monte acquires 40% in Bharti-EL Rothschild venture
New Delhi, Sept. 28 Bharti Enterprises and EL Rothschild Ltd on Friday announced that Del Monte Pacific Ltd, producers, marketers and distributors of premium food and beverage products, had bought 40 per cent stake in their joint venture, ... More

RUBBER
Spot rubber improves
Kottayam, Sept. 28 Physical rubber prices improved reflecting the overall market mood on Friday. RSS 4 closed at Rs 90 against Rs 89 and Rs 89.50 a kg respectively at Kottayam and Kochi. “It might take another couple or more weeks for ... More

Prices ease at Kochi tea sales
Kochi, Sept. 28 Market for CTC dust opened barely steady at the Kochi tea auction and tended to ease by Re 1-Rs 3 as the sale progressed. Orthodox high grown dust varieties were dearer, while medium orthodox remained steady. Blenders were ... More

TEA
Darjeeling tea workers to get higher bonus
Kolkata, Sept. 28 Nearly 60,000 workers employed in 87 tea gardens in Darjeeling district of West Bengal will get higher bonus for 2006-07. This follows an agreement between the Darjeeling Tea Association (DTA), the body of Darjeeling ... More

COTTON
Swiss firm aims to be key player in India’s cotton exports
BULLISH PROSPECTS More

COIR
Record performance
More

POULTRY
Centre to set up body for ensuring fish quality
Kochi, Sept. 28 With the growing need of total quality management in seafood production, post-harvest handling has assumed paramount importance. While India has world-class seafood processing plants which take care of the final stages of ... More

SPICES & CONDIMENTS
Spices export registers 26% growth in Apr-Aug
Oils, oleoresins, chilli lead increase in shipments More

Volatility continues in pepper futures
Kochi, Sept. 28 Pepper futures continued to fall on Friday on speculation in the market despite lack of sellers. All the contracts dropped by Rs 168 to Rs 342 a quintal on the exchanges. There was said to be panic among the investors who were ... More

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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Other Top Stories
Rail freight corridor may face hurdles in land procurement

AUM to touch Rs 9.50 lakh cr in 3 years

Spices export registers 26% growth in Apr-Aug

New petrochem policy to tackle structural constraints

US economy in real trouble?

How ‘export of services’ is mired in tax complexity

Looking back
Sep. 16-Sep. 22
Coffee Board confident of achieving export target

The travails of wheat procurement

Russia lifts curb on Indian sesame seeds, groundnut

Drenchers return to pound Gujarat-Mumbai belt

‘Criticism against rubber futures not out of ignorance’

Bunge India to enter sugar manufacturing

Oleoresin industry hit by rupee appreciation