The Hindu Business Line : Friday, May 16, 2008

COMMODITY EXCHANGES
NMCE launches new contracts in pepper, coffee
Ahmedabad, May 15 The National Multi-Commodity Exchange (NMCE) is launching new series for futures contract in 11 commodities, and three ‘spread series’ in pepper from Friday, May 16, 2008. The new series for the August 2008 ... More

NMCE seeks to settle outstanding position in rubber futures
Kochi, May 15 National Multi Commodity Exchange of India Ltd (NMCE) is seeking permission of the Forward Markets Commission to settle the outstanding positions in rubber contract following the suspension of futures trade in the commodity. ... More

NMCE to focus on coffee futures
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EMPLOYMENT
Work pressure
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CLIMATE & WEATHER
Cyclone alert off as ‘low’ becomes marked
Thiruvananthapuram, May 15 The US Navy’s Joint Typhoon Warning Centre (JTWC) has invalidated Wednesday’s cyclone formation alert issued for the Bay of Bengal basin, even as the causative ‘low’ became well marked on ... More

CULTIVATION
What’s growing for lunch, ma?
Women revive the traditional irwa, or intercropping, practice in Vidarbha to ensure food security for their family. More

AQUACULTURE
Plum catch
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COURTS/LEGAL ISSUES
SC asks UP mills to pay Rs 110/qtl for cane in 3 weeks
Order to hit Bajaj Hindusthan, UK Modi, Mawana Sugars hard More

RUBBER
Spot rubber stays firm
Kottayam, May 15 Physical rubber prices finished unchanged on Thursday. A marginal increase in the global indices failed to cheer the domestic buyers who switched over to a wait and watch policy before undertaking further commitments. There ... More

‘Rubber futures suspension must be extended for a year’
The All India Rubber Industries Association’s Chairman, Mr Sawar Dhanania, said the suspension of rubber futures should be extended for least a year, if not totally banned.“It is a welcome move. The suspension will help ... More

SUGAR
SC ruling on cane price lifts sugar stocks
Expectation of firm sugar price also bodes well More