The Hindu Business Line : Monday, July 12, 2004

COMMODITY EXCHANGES
NMCE records high raw jute futures volume
RAW jute futures at the National Multi Commodity Exchange of India (NMCE) registered a high volume of 1,044 tonnes valued at Rs 11 crore on a single day on July 8. NMCE, which after receiving formal approval from the Forward Markets Commission ... More

CULTIVATION
Errant monsoon slows kharif sowing
THE errant monsoon has begun to cast its shadow on kharif sowing with the decline in coverage extending to oilseeds, coarse cereals and pulses. The coming week holds significance and if central and north-western parts of the country do not ... More

SEEDS
Seed industry divided over Budget proposals
New measures would have minimal impact in the absence of proper linkages, infrastructure. More

AQUACULTURE
Gold medal for Tripura fish farmer
THE Marine Products Export Development Authority (MPEDA) has to undertake a special project to create and establish an export market for Indian major carps to ensure remunerative prices for fish farmers, Mr J.V.H Dixitulu, the Chief Editor of ... More

BUDGET
Tractor cos seek excise exemption for inputs
THE Tractor Manufacturers Association (TMA) is planning to send a representation to the Finance Minister on Monday requesting that tractor makers be exempt from paying excise on inputs (components) as well. It is of the opinion that the ... More

SUGAR
Sugar mills betting on Tuteja panel for growth
WHILE the Budget has not held out promises for the sugar industry, the sugar mills are banking on the committee for the revitalisation of sugar mills, headed by the Union Food Secretary, Mr S.K. Tuteja, to bail them out. The committee, which is ... More

TEA
Coonoor sale buoyant on quality teas
EVEN as the representatives of tea producers were busy issuing statements expressing their disappointment over the Budget, the traders were busy paying a good price for the quality teas offered at the auctions conducted by the Coonoor Tea Trade ... More

Prices up on good demand at Kochi tea sale
A GOOD general demand resulted in the spurting of prices of almost all varieties of tea at the Kochi tea auction. Of the quantity of 948,000 kg on offer in the dust category, good liquoring teas were dearer by Re 1 to Rs 2. Others were fully ... More

TECHNICAL ANALYSIS
Upward correction in cotton?
NYCE cotton futures closed lower on Friday, on speculative selling due to expectations of a large crop in the making both in the US and other growing countries. Fundamentally, the market is looking at larger US cotton sowings in 2004/2005 in ... More