The Hindu Business Line : Saturday, September 01, 2007

COMMODITY EXCHANGES
IOC forays into derivatives trading on MCX
New Delhi, Aug. 31 Indian Oil Corporation’s (IOC) crude oil derivatives trading on the Multi-Commodity Exchange (MCX) of India was formally inaugurated by its Director (Finance), Mr S.V. Narasimhan, on Thursday. In a statement ... More

FARM CREDIT
SBI targeting Rs 40,000-cr lending to farm sector
Sees lot of potential and competition in rural areas More

CLIMATE & WEATHER
Turning creative
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Rain surplus retained as monsoon enters last leg
The southwest monsoon has managed to maintain its successful run as it enters September, the last leg of the four-month season, with the all-India area weighted rainfall leaving a two per cent surplus. The surplus may have shrunk by one ... More

CULTIVATION
Karnataka to teach children benefits of organic farming
Hyderabad, Aug. 31 Children in Karnataka will soon start to appreciate the benefits of using organic farm products. In a bid to popularise organic farm products and farming methods in the State, the Karnataka Government has decided to ... More

Kharif sowing up on good monsoon, higher prices
Area under rice, coarse cereals, oilseeds rises More

HORTICULTURE/FRUITS & VEGETABLES
‘Follow success of pineapple exports for other fruits’
Kolkata, Aug. 31 The key challenge in agriculture processing and exports for Bengal lies in its ability to replicate the State’s success in export of pineapples through Agricultural Export Zones (AEZs) for other fruits and vegetables, ... More

INFORMATION TECHNOLOGY
National network for farmers launched
Hyderabad, Aug. 31 Initiating a dialogue with the rural communities, CII’s Yi (Young Indians) has launched National Farmers Network that seeks to disseminate knowledge on best practices by roping in progressive farmers.“The ... More

PESTICIDES
Agro-chemical maker enters Pak, Brazil markets
Ahmedabad, Aug. 31 The Gujarat-based Meghmani Organics Ltd, manufacturer of pigments and agrochemicals, has secured registrations for its agrochemical products in two fast-growing markets for pesticides — Pakistan and Brazil. It also ... More

RUBBER
Don’t hold stocks, says Rubber Board Chairman
Kottayam, Aug. 31 The Chairman of the Rubber Board, Mr Sajen Peter, has warned growers that holding rubber stock would be a risk on the presumption that price would increase further, as futures are on the rise.The futures price of ... More

Spot rubber rules steady
Kottayam, Aug. 31 Spot rubber finished unchanged on Friday. The market opened better touching an intra-ay high at Rs 90 a kg in the morning session but lost grip towards close on selling at higher levels. Sheet rubber RSS 4 was static at Rs ... More

COTTON
Record coverage
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JUTE
Three jute parks to come up in West Bengal
The Centre has approved the setting up of three jute parks in West Bengal. An application in this regard had earlier been made to the Centre by the State Government.Mr Manabendra Mukherjee, West Bengal’s Minister for Tourism, ... More

SPICES & CONDIMENTS
Buying support helps pepper futures recover
The pepper futures market on Friday took a “U” turn with the prices shooting up by over Rs 700 a quintal on buying support and other factors. Besides, positive trend in the stock market, pulling out of Indonesia from the ... More

Monsoon hits Kerala’s cardamom production
Volumes projected to be much lower than last year More

Mixed trend in cardamom
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TRENDS
Monkey business
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