The Hindu Business Line : Saturday, October 06, 2007

CLIMATE & WEATHER
Bay ‘low’ drives monsoon-like rain to east
Thiruvananthapuram, Oct 5 A low pressure area has formed over the west-central Bay of Bengal off the north Andhra Pradesh coast, the first such during the post-monsoon season, but it will drive monsoon-like rain into east and northeast India ... More

COMMODITIES
Manufactured products prices push inflation rate to 3.42%
WPI for all commodities at 215 points More

RUBBER
New method for procuring rubber latex mooted
Kottayam, Oct. 5 The tendency for unhealthy competition in procuring rubber latex is the reason for losses incurred by rubber growers and institutions. This was the outcome of a joint meeting of the agencies procuring rubber latex and ... More

Spot rubber declines
Kottayam, Oct. 5 The domestic rubber rates softened on Friday. Sheet rubber settled down by 50 paise at Rs 89.50 a kg both at Kottayam and Kochi amidst bright weather conditions. Spreading its bearish shadow over the domestic mood, the ... More

TEA
Moran Tea becomes McLeod’s subsidiary
Moran Tea Company (India) Ltd became the subsidiary of McLeod Russel India Ltd, from Friday. This follows the completion of acquisition process of 15,20,000 equity shares, representing 72.38 per cent of the share capital of Moran Tea, from ... More

SPICES & CONDIMENTS
Pepper futures move up on buying support
Kochi, Oct. 5 Pepper futures market after declining on Thursday moved up on Friday on good buying support.There is good buying interest from European dealers and some business has also taken place. Besides, some enquiries were ... More

EXPORTS & IMPORTS
Government says licensing for onion export temporary
Area, production set to rise 16% and 20% respectively More

STANDARDS & BENCHMARKS
Standards for rubber import notified
Kottayam, Oct. 5 The Commerce Ministry has notified that for ensuring quality standards, the natural rubber imported into India will have to follow standards specified by the Bureau of Indian Standards (BIS ), a statement issued by the Rubber ... More

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