AGRI-BIZ & COMMODITIES
COMMODITY EXCHANGES
INDIA GOLD CONVENTION 2004 — A BUSINESS LINE FEATURE
A golden future
Futures trading in gold has taken off very well, thanks to the initiative of the three-nation-wide multi-commodity exchanges. G. Chandrashekhar and Latha Venkatraman survey the scene.
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FARM CREDIT
Allahabad Bank relief package for farmers
ALLAHABAD Bank has proposed to implement relief measures for farmers affected by natural calamities. The move follows the Government's directives on assisting agriculturists who are in arrears and in distress. The bank will take up its action ...
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CLIMATE & WEATHER
Another spell of rain likely by month-end
THE southwest monsoon has underperformed during the week starting August 11, apparently having hit a speed breaker over Central India. A flurry of rain activity in Central and Northwest India since the beginning of August had raised ...
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INSIGHT
Future of the commodity futures market
THE Indian commodity futures market has had a long and chequered history. Despite the huge potential, this market has not performed as expected. Currently, there are more than two-dozen commodity exchanges, of ...
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FERTILISERS
Fertiliser sales up despite delayed monsoon
Urea sales have registered an increase of 17.14 per cent and DAP sales 69.77 per cent during the current kharif season.
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POWER
Free power — Catch-22 situation for Maharashtra farmers
FARM power bills have caused tragedies in rural life for decades. They are now giving rise to a comic situation in Maharashtra. The representative farmers' organisation in Maharashtra, Shetkari Sanghatana, has been ...
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RUBBER
Mixed trend in rubber market
SPOT rubber prices showed a mixed trend on Thursday. Covering groups and purchase agents turned active in select grades and helped the market stabilise and firm up as sellers retreated anticipating a short-term positive trend. Sheet rubber ...
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Pala coop society to initiate farmers into rubber futures
IN a bid to attract more rubber growers to the commodity futures trading, the Kerala-based Pala Marketing Co-operative Society (PMCS) Ltd has chalked out a programme to introduce farmers to futures trading through the rubber producing societies ...
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TECHNICAL ANALYSIS
Spot gold may consolidate
GOLD prices moved higher in reaction to the dollar's slide in the wake of disappointing trade balance data last Friday. The trade gap widened by a surprising 19.1 per cent to a record $55.8 billion, marking the largest one-month percentage ...
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DAIRY & DAIRY PRODUCTS
NDDB plans to develop parallel milk chain
NDDB's initiative is expected to bring more tracts of milk producers in the country under its ambit.
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OILSEEDS & EDIBLE OIL
UK finds banned dye in branded palm oil
THE scarlet scare is refusing to go away. Even before the dust after chance discovery of illegal red dye in Indian chillies has settled down in Europe, comes the news that the carcinogenic Sudan IV has been found in a batch of palm oil brands ...
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