The Hindu Business Line : Tuesday, May 15, 2007

COMMODITY EXCHANGES
MCX to organise programmes on futures and options
Multi Commodity Exchange has joined hands with the Washington-based Institute for Financial Management (IFM) to conduct three programmes on Futures and Options in India. The two-day programmes would be held in Mumbai, Bangalore and Delhi after ... More

CLIMATE & WEATHER
Cyclone Akash tipped to turn into a storm
The depression over east central Bay of Bengal moved slowly in a northerly direction and intensified into a deep depression at 2.30 a.m. on Monday morning, churning faster still to become a cyclonic storm five hours later. An Ohio State ... More

AQUACULTURE
India may be first to produce certified organic scampi
As part of the India Organic Aquaculture Project (IOAP), the country is likely to become the first in the world to produce certified organic scampi. This is part of the Marine Products Export Development Authority (MPEDA) project on organic ... More

INFRASTRUCTURE
Move for modernisation of delta systems in AP
Loans from World Bank, Japan Bank tied up More

RUBBER
Spot rubber prices improve
Physical rubber prices improved on Monday. Though the international markets were not upbeat, comparatively firm Bangkok prices could have influenced the traders to set the trend. Sheet rubber RSS 4 improved to Rs 85 from Rs 84.50 a kg both at ... More

Campaign for re-plantation in rubber estates launched
`Replant 2007' campaign to be launched in Kottayam on May 14 More

SUGAR
AP, Karnataka, UP mills found selling excess sugar
Centre threatens withdrawal of buffer, export subsidy More

TEA
Tea e-auction system launch likely by fiscal-end
NSE software arm to re-design scheme More

Marginal rise in Coonoor tea prices
Prices rose on the average a rupee a kg at sale No: 19 held by Coonoor Tea Trade Association (CTTA) here on Friday with the demand matching to absorb the low volume on offer. Only 6.47 lakh kgs were on offer. This was the third lowest volume ... More

Prices better at Coimbatore tea auctions
The total offerings of tea at the weekly auction held on Friday stood at 3.97 lakh kg, of which leaf grades accounted for 1.53 lakh kg and dust grades accounting for the rest. Sources said that the demand was fair and overall price levels ... More

COTTON
`High labour cost affecting cotton farming'
Industrialisation renders farm labour costly More

COIR
Coir product exports surpass target
Efforts on for increasing domestic sales More

OILSEEDS & EDIBLE OIL
Bio fuels: `Meet local energy needs first'
Amidst flurry of activities with regard to biodiesel and its mandatory blend with fossil fuel, an interesting argument is slowly gaining currency - that the non-edible grade vegetable oils should be used locally to attend to local energy ... More

Lower world soyabean crop forecast
Global production of major oilseed is projected at 399 million tonnes (mt) for 2007-08, down 3.8 mt from 2006-07. If realised, it will be the first year-to-year decline in global major oilseed production since 1995-96, US Department of ... More

SPICES & CONDIMENTS
Vietnam trend props up pepper futures
Prices of 500 GL in Vietnam said to have gone up by $100 to $3,650 a tonne (f.o.b) on Monday, which has influenced the futures market here. However, some sort of uncertainty was seen on the futures market following the "sudden revision of open ... More

AGRICULTURAL POLICY
Mangalore traders oppose Govt move on Bunder market yard
Decides to form an action committee to tackle issues More

EVENTS
Bridge yield gaps to raise farm output, says PM
Plan panel may evolve new method for fertiliser subsidy More