The Hindu Business Line : Saturday, August 18, 2007

COMMODITY EXCHANGES
FMC to convene meeting of regional exchanges
Kochi, Aug 17 The Forward Markets Commission will convene a meeting of the 21 regional exchanges in the countryto prepare a plan of action for their revitalisation, Mr B.C.Khatua, the Commision’s Chairman, said. He told reporters ... More

CULTIVATION
Area under most kharif crops increases
New Delhi, Aug. 17 Higher pricesseem to be encouraging farmers to expand cultivationof various crops, barring rice and jute. Rice has been one of the few commodities whose price has not increased as much as other grains.According to ... More

COMMODITIES
Inflation rate dips on cheaper manufactured items
Wholesale Price Index of all commodities at 213.1 More

RUBBER
Spot rubber slips on global cues
Kottayam, Aug. 17 The domestic rubber prices moved down catalysed by weak global futures mainly TOCOM. The trendsetter lost heavily hitting the daily downward limit of 10 yen in all contracts following yen’s sharp climb against dollar ... More

GOLD & SILVER
Bullion prices in sync with weak global markets
Mumbai, Aug. 17 Traders in the local bullion market are advising a bit more of a wait-and-watch period for the eager bullion investors. Prices in the domestic market are expected to plunge further due to continued bearish trend in the ... More

BIO-TECH & GENETICS
ITC buys Australian agri-biotech co
Through its arm Russell Credit More

‘Rules violated in giving nod for Bt brinjal trials’
The Centre for Sustainable Agriculture has accused GEAC (Genetic Engineering Approval Committee) of breaking its own rules in allowing large-scale trials in Bt brinjal. The GEAC rules stated that large-scale trials would not be allowed ... More

CASHEW
Vittal Cashew gets certification for hygiene
More

SPICES & CONDIMENTS
Jeera futures drop on lack of demand
Mumbai, Aug. 17 Jeera futures for August delivery on NCDEX hit the lower circuit to touch 4.29 per cent at Rs 11,033 per quintal. The September contract fell 1.81 per cent to Rs 11,801 per quintal due to a lacklustre demand.Opening on a ... More

Downtrend continues in pepper
Kochi, Aug. 17 Pepper futures continued its downfall on Friday also and reached the level below the spot prices on liquidation due to the quantitative restrictions on nearby positions.“Since the nearby positions are cheaper than ... More

Lower coverage
More

MINERALS
NMDC plans hiking iron ore output
Hyderabad, Aug. 17 National Mineral Development Corporation Ltd (NMDC), the country’s single largest producer of iron ore, has plans to increase iron ore production from the present 27 million tonnes per annum to 50 mt by the year ... More

TRENDS
AP farmers on padayatra to Delhi to highlight agrarian crisis
To meet the President, PM, Agriculture Minister More

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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Top Stories
Area under most kharif crops increases

IOC’s financials may feel the pinch of refining margin

Timken shifting manufacturing to India

Rupee tangos with Sensex on roller-coaster ride

Structural issues that the new tax code has to address

HDFC Bank fine-tunes recovery strategy

ITC buys Australian agri-biotech co

PM’s council suggests fresh bids for Reliance gas

Looking back
Aug. 5-Aug. 11
Govt threatens to take over closed tea factories

Rupee may keep gold prices under check

Labelling norms on nutritional values put off

Low demand may soften crude palm oil price

NMCE launching new series futures contracts

STC keen on supporting back-end farm operations