The Hindu Business Line : Monday, April 16, 2007

COMMODITY EXCHANGES
NMCE fixes 25% minimum total margin on pepper, cumin seed
National Multi-Commodity Exchange (NMCE) has announced a `minimum total margin' of 25 per cent on both long and short positions in all running and in yet-to-be launched futures contracts in pepper and cumin seed, as stipulated by the Forward ... More

FARM CREDIT
Banks target Rs 306 cr for agriculture in Nilgiris
Banks have fixed a target of Rs 306.28 crore as the outlay for agricultural activities in the Nilgiris for 2007-08. This is 60 per cent of the total outlay of Rs 510.67 crore, including Rs 106.36 crore for SSIs and Rs 98.03 crore for other ... More

RICE
Nod for commercial release of disease-resistant rice strains
The first commercially usable, non-GM, disease-resistant rice varieties will hit the Indian market soon. Genes that can resist the damage potential of bacterial leaf blight have been identified and successfully incorporated into popular rice ... More

ANIMALS & LIVESTOCK
Cattle research project launched at Dharmasthala
Programmes on tech education also initiated More

HORTICULTURE/FRUITS & VEGETABLES
Galla Foods bullish on mango export to Japan
Galla Foods Pvt Ltd, a Chittoor-based fruit processing unit, has started export of fresh mangoes to Japan. Galla Foods is part of the Amara Raja Group, which has interests in automotive batteries, components and electronic parts. It has plans ... More

Dearer now
REDUCED ARRIVALS: Mangoes at the the Gaddiannaram Fruit Market on the outskirts of Hyderabad on Sunday. Mangoes sell between Rs 2,800 and Rs 5,000 per quintal. Late flowering and windy conditions have reduced the fruit's produce by 20 per cent. ... More

TEA
`Potential for exporting 20 mkg tea to Egypt'
India should be able to export 20 million kg of tea annually to Egypt within the next two to three years, up from 2.7 million kg last year, according to Mr Basudeb Banerjee, Chairman, Tea Board. "Egypt is 80-million kg market and there is no ... More

Spurt in Kochi tea sale prices
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 9.87 lakh kg on offer in the dust category, market for high-priced CTC dusts were fully firm. Medium and ... More

Good demand at Kolkata tea auctions
The new season's CTC leaf and dust teas met with good demand at all the three North India auction centres at Kolkata, Siliguri and Guwahati. The prices for best and good Assam ranged between Rs 100 and Rs 130 per kg for the broken grades, while ... More

TECHNICAL ANALYSIS
Gold futures may rise
Gold futures ended sharply higher boosted by a weaker dollar amid a broad based advance in most of the commodities. This along with firmer crude oil prices helped the entire precious metals complex reach multi-month highs. It remains to be ... More

GOLD & SILVER
Can platinum take the lure off gold?
Appetite for gold encouraging producers More

TOBACCO
Steep rise in firewood costs hits Andhra tobacco barn yields
Shortage of labour worries farmers More

OUTLOOK
Gold may trade within ranges
Uptrend in copper exhausted, say analysts More

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