The Hindu Business Line : Friday, April 01, 2005

MCX sets record in physical delivery of silver
THE Multi Commodity Exchange of India (MCX) has registered a record physical delivery of 18,997.78 kg in March silver contract valued around Rs 20.43 crore. The entire delivery process was completed in four days. The delivery happened at the ... More

FARM CREDIT

Loans against warehouse receipts for farmers — Corpn Bank ties up with MCX
CORPORATION Bank has launched `Corp Agriculture Produce Loan' (CAPL) scheme for farmers, in association with the Multi-Commodity Exchange of India Ltd (MCX). The scheme is aimed at mitigating the losses incurred by farmers who often resort to ... More

CLIMATE & WEATHER

March rainfall below normal
MARCH rainfall has returned a slightly discouraging record for Kerala with the actual precipitation (2.9 cm) trailing the normal (3.8 cm) even as south peninsular India experienced excess rain (+92 per cent) during the fortnight ending March 16. ... More

AQUACULTURE

In troubled waters
Fishermen harvesting clams in the backwaters of Kochi. Clam production in the State is dwindling at an alarming rate due to massive water pollution and harvesting of clams by dredgers. Major buyers of clams used to be the cement factories but ... More

RUBBER

Rubber trading to resume tomorrow
THE physical rubber market continued to remain closed in protest against VAT. The market will resume trading only on April 2. Rubber futures turned weak on Thursday even after a positive TOCOM closing. The April contract was quoted at Rs 59.06 ... More

TEA

Goodricke group bullish on biz prospects
`The shortfall in the all India production and an improvement in domestic demand would augur well for the new season.' More

TECHNICAL ANALYSIS

Spot gold may head lower
SPOT gold prices retraced some of its losses after the US economic data released post FOMC showed the economy was still under pressure. Labour unrest in South African broad-mines, the leading producer of gold provided underlying support to spot ... More

DAIRY & DAIRY PRODUCTS

A crucial IRMA meeting for Kurien
IT is an institution which he built 25 years ago. But on Friday, India's milk-man, Dr V. Kurien, faces perhaps the toughest challenge to his leadership of the Institute of Rural Management, Anand (IRMA). Much against Dr Kurien's wishes, the ... More

OILSEEDS & EDIBLE OIL

Base import prices of palm, soya oil hiked
THE Union Government has raised the tariff value for imported edible oils by $13-23 per tonne with effect from March 31 for the second time in a month in line with global rates. The tariff value of crude palm oil has been increased to $423 a ... More

CASHEW

Cashew exports set to cross Rs 2,600 cr
IF the current trend in the exports of cashew kernels is any indication, the exports this fiscal are to cross Rs 2,600 crore for the first time in the commodity's history. Thus, it is expected to break the previous record of 96,805 tonnes valued ... More

TOBACCO

Banking on hope
Mr Chinta Venkateswara Rao (foreground), President of the Krishna District Virginia Tobacco Growers Association, keenly listens to assurances from the Minister for Agriculture on the remunerative and support price mechanism for tobacco in the ... More

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