The Hindu Business Line : Tuesday, December 02, 2008

AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES: Bourses await FMC nod to resume futures in 4 commodities
‘Procedures have to be followed after the ban has lapsed’. Mumbai, Dec. 1 The ban on futures trading in four agriculture commodities – soy oil, channa, potato and rubber – lapsed on Monday. Commodity market regulator, ...

AGRICULTURAL INSTITUTIONS: Nabard sanctions Rs 298 cr
For projects approved under Rural Infrastructure Development Fund. Hyderabad, Dec. 1 The National Bank for Agriculture and Rural Development (Nabard) has sanctioned Rs 298.46 crore loan assistance to Andhra Pradesh Government to undertake 127 ...

CLIMATE & WEATHER: IMD sees fresh buzz in southeast Bay
Thiruvananthapuram, Dec 1 India Meteorological Department (IMD) has notified the possibility of a fresh low-pressure area springing up over southeast Bay of Bengal by Wednesday and its subsequent westward movement (towards south-east ...

AQUACULTURE: Biometric cards for fishermen
Mangalore, Dec. 1 Biometric smartcards will be made compulsory for sea-going fishermen in coastal Karnataka from January ...

AQUACULTURE: Vast work area
...

RUBBER: Spot rubber prices mixed
Kottayam, Dec. 1 Physical rubber prices showed a mixed mood on Monday. According to observers, sheet rubber firmed up on covering purchases amidst extremely low arrivals. Another sharp decline in global futures failed to influence the ...

INSURANCE: Wins insurance award for innovation
New Delhi, Dec. 1 Agriculture Insurance Company of India Ltd (AICIL) has won the innovation of the year award at the 12th Asia Insurance Industry awards ceremony held in Hong Kong ...

TEA: Demand for select quality liquoring teas at Kolkata auctions
Kolkata, Dec. 1 Last week, selected liquoring teas maintaining quality continued to meet with good demand and sold well, particularly dust teas which often appreciated, according to tea auctioneers. Medium and plainer categories as well as ...

COMMODITY MARKETS: Allow futures trading after lifting physical market restrictions
There is heightened expectation in the commodity trading circles about the revival of futures trading in at least four commodities – potato, soya oil, chana and rubber. Suspension of trading lapsed on November 30, and no fresh ...

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Markets (Dec 01)

Nifty (at close)	2682.90(-72.20)
US Dollar (Buy/Sell)	50.08/09
Brent crude (a bbl) Rs	2,578
Gold (a gram) Rs	1,201
Silver (a kg) Rs	18,115

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