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Wednesday, March 30, 2005

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AGRI-BIZ & COMMODITIES

RUBBER


CCEA clears scheme for development of rubber plantation
THE Cabinet Committee on Economic Affairs (CCEA) on Tuesday approved implementing the Rubber Plantation Development Scheme during the Tenth Plan period with an outlay of Rs 159 crore. The scheme includes assisting replanting by providing a ... More

Rubber rises on panic buying
PANIC buying from the covering groups pushed the spot rubber prices to further highs amidst low arrivals. Even higher levels failed to attract quantum sellers as growers and dealers preferred to retain the stock expecting a favourable price ... More

COTTON


Seeds Bill: A rich harvest for MNCs?
ON March 5, the Genetic Engineering Approval Committee (GEAC) officially approved the cultivation of six new strains of Bt cotton, paving the way for multinational corporations to tighten their grip on cotton ... More

CASHEW


NCDEX begins cashew futures in Kollam
THE National Commodity and Derivatives Exchange Ltd (NCDEX) on Tuesday launched a cashew futures contract in Kollam, Kerala. Mr P. Bharathan Pillai, Chairman of Cashew Export Promotion Council of India, inaugurated the cashew futures ... More

SPICES & CONDIMENTS


Cardamom slips on poor demand
CARDAMOM prices continued to decline at auctions in Kerala and Tamil Nadu for want of buying support both from exporters and domestic traders when the prices of other plantation crops have shown an upward trend in recent weeks Despite a sharp ... More

PEOPLE


MCX to induct 3 new directors
MUMBAI: With a view to strengthening its board MCX plans to induct three new directors. Dr S. Narayan, former Economic Advisor to Prime Minister; Dr Urjit R. Patel, Executive Director, Infrastructure Development Finance Co (IDFC); and ... More


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