The Hindu Business Line : Monday, January 30, 2006

Jewellers' body calls for regulations in MCX — Plans exhibition in Chennai from Feb 17
THE Madras Jewellery and Diamond Merchants Association (MJDMA) has asked the Government to bring in some restrictions and regulations in the multi commodity exchange (MCX) in which gold is traded. Mr L.K.S. Syed Ahamed, President, MJDMA, said ... More

`Commodity exchanges in growth trajectory'
THE commodity exchanges in the country are in a growth trajectory and the total volume of trade as at the end of December 2005 has been in the order of Rs 13.88 lakh crore, compared to Rs 5.71 lakh crore during the previous year, according to the ... More

AQUACULTURE

Mussel power
Workers engaged in mussel farming in suburban Kochi. Mussels stand unique by virtue of high returns among several species of cultivable bivalves. Mussel production in the State has recorded 800 tonnes and is expected to double by 2008. The ... More

HORTICULTURE/FRUITS & VEGETABLES

US body ties up with i2i for marketing pecans in India
THE Southern United States Trade Association (SUSTA), a non-profit organisation comprising Departments of Agriculture of 17 southern States of the US, will roll out American pecans into the Indian market. The association has roped in ... More

INSURANCE

Sankat Haran policy only on IFFCO, IPL products
ITGI (IFFCO- Tokio General Insurance Company) has said that from January 1, the IFFCO-Tokio Sankat Haran Policy is available on IFFCO (Indian Farmers Fertiliser Co-operative) and IPL (Indian Potash Ltd) products only. It was earlier covering ... More

SUGAR

Bajaj Hindusthan raises $255.6 m from GDRs, bonds
SUGAR major Bajaj Hindusthan Ltd has informed BSE that it raised $255.604 million through issues of global depository receipts (GDRs) and convertible bonds. The company raised $135.604 million through the issue of 16,700,000 GDRs and $120 ... More

TECHNICAL ANALYSIS

Cotton may test support levels
NEW YORK cotton futures ended lower on Friday on speculative selling and end-of-the-week profit taking. Cotton futures have been propped up by robust demand for the fibre despite the record crop in the US. The pace of demand remains ... More

COTTON

Centre backs AP in Bt cotton fee issue against Monsanto
THE Union Ministry of Agriculture has supported the Andhra Pradesh argument on the Bt (cotton) price issue. "It is indeed expensive. The point was made with the Monsanto CEO," Ms Radha Singh, Agriculture Secretary, told Business ... More

SPICES & CONDIMENTS

Exim Bank moots policy interventions to boost demand for vanilla
Supply uncertainties from Madagascar and reasonably high quality of Indian vanilla have driven developed countries to look at India as an alternative supply base, the Exim Bank study said. More

Cardamom prices up on domestic buying support, short supply
CARDAMOM prices moved up during the week at the auctions held in Kerala and Tamil Nadu on domestic buying support and short supply. Prices of running bulk at the auction held by the Cardamom Processing and Marketing Company (CPMC) at Kumily on ... More

Pepper continues to slide on weak demand, imports
PEPPER prices continued to slide on weak demand and alleged increased availability of the produce imported from Sri Lanka in the domestic market. The spot prices on Saturday were MG 1 Rs 6,700 and Un-garbled Rs 6,300 a quintal, against Rs 6,800 ... More

WTO

`EU, US must cut farm subsidies to take forward global trade talks'
INDIA today said the EU and the US must move forward on the issue of cutting farm subsidies and resolving other issues including peak tariffs to ensure the success of the Doha round of WTO negotiations. "The US and the EU should move if they ... More

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