The Hindu Business Line : Tuesday, June 20, 2006

COMMODITY EXCHANGES
IOC, BPCL eyeing NCDEX membership
Indian Oil Corporation (IOC) and Bharat Petroleum Corporation Ltd (BPCL) are preparing grounds to be broking and clearing members at National Commodity and Derivatives Exchange (NCDEX). Aimed at directly taking positions on Brent crude and ... More

RICE
SRI paddy enhances yields
The system also helps save 25-30 pc water More

CULTIVATION
Farmers asked to defer sowing till next spell of rains
MONSOON LULL More

CONTRACT FARMING
PepsiCo set to start citrus cultivation in Punjab
Bud wood to be allocated to growers by August More

AQUACULTURE
Reflections
TRADITIONAL FISHING BOATS being anchored after a day's fishing in the Godavari near Kotilingalarevu in Rajahmundry.

Overcoming odds
RECORD RISE: Women engaged in peeling shrimp for export at a shed near Kochi. Seafood exports touched an all-time high last fiscal, with 5.12 lakh tonnes worth Rs 7,000 crore ($1.5 billion) being shipped. The rise in exports, by over 11 per ... More

INSIGHT
Farmer suicides: Beyond the obvious
Extension of highly regulated institutional banking services is not the sole means of realising economic efficiency and distributive justice as far as dealings in credit markets are concerned. More

HORTICULTURE/FRUITS & VEGETABLES
Budding business
A WORKER HARVESTING cut flowers in a floriculture farm near Kochi. Floriculture farmers will benefit from the State Horticulture Mission scheme of providing financial assistance up to Rs 35,000 per hectare. Aid for setting up infrastructure, ... More

Karnataka farmers to go on study tours to Maharashtra
"The farmers could get first-hand experience during their visit to Ratnagiri and Kolhapur areas of Maharashtra.'' More

RUBBER
Spot rubber rules steady
The physical rubber prices ruled steady on Monday. The market resisted in tandem with zooming Japanese markets following yen's weakness against dollar. It also lacked support from consuming sectors. Anyhow covering groups kept the prices steady ... More

Centre urged to cut rubber customs duty
`User industries in trouble' More

Minister backs rubber planters
The Union Minister of State for Commerce, Mr Jairam Ramesh, said here recently that rubber planters are seeing remunerative prices only this year and they had a terrible time in the last five years. Responding to the demand of ... More

TEA
Low offer volumes propel Coonoor tea prices
Prices rose by Rs 2 a kg on an average at the 24th auction of the Coonoor Tea Trade Association (CTTA) held here last weekend when the volume offered fell by 87,000 kgs over the previous week to reach 10.85 lakh kgs. Demand from both the ... More

Good demand buoys Kochi tea
Good general demand buoyed up the price of dust tea at the Kochi tea auction. There was 11,05,000 kg of dust tea on offer. Good and medium CTC varieties remained firm to dearer by Re 1 to Rs 2, while high-priced varieties remained irregular as ... More

GOLD & SILVER
Precious metals decline sharply
Precious metals fell sharply on the local bullion market on Monday following weak overseas market amid some offerings. Standard gold prices were down Rs 155 at Rs 8,500 per 10 gm from the previous close of Rs 8,655 per 10 gm. Pure gold (99.99 ... More

METALS
Zinc users seek price regulatory panel
Move Centre after prices jump 300% in a year More

OILSEEDS & EDIBLE OIL
Castorseed futures slip below Rs 1,500-mark
Castorseed August contracts fell below the Rs 1,500-mark on increased offerings by operators on the edible oil market on Monday. Imported crude soya oil was down Rs 2 at Rs 371 per 10 kg. RBD palmolein was down Re 1 at Rs 397 per 10 kg. Castor ... More

CASHEW
Plea to include cashew in VKGUY
Exporters have sought the inclusion of cashew in the list of items eligible for Vishesh Krishi and Gram Udyog Yojana (VKGUY). Speaking at a seminar on "Exports from coastal Karnataka: Vision 2010" here, Mr Walter D'Souza, Chairman of the ... More

POULTRY
Poultry farmers yet to get bird flu compensation
Electricity bill as criteria to establish credibility `improper' More

SPICES & CONDIMENTS
Pepper futures improve
Local arms of the international players have bought NCDEX June contracts and sold in the international market in quantity, market sources told Business Line. They said the buyers would take physical delivery and reprocess it for export. ... More

GENERAL INSURANCE

A two-member working group, comprising Dr Vijay Kelkar, former Finance Secretary and Mr N Rangachary, former Chairman, Insurance Regulatory and Development Authority, has been set up to device an insurance programme for the ... More

INTERVIEW
Gold fundamentals seen remaining bullish
ScotiaMocatta MD says liquidity will support bullion More

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Top Stories
Credit offtake declining

The data-exclusivity debate hots up

Gold fundamentals seen remaining bullish

Zinc users seek price regulatory panel

Football has viewers' eyeballs

Predicting the oil peak

PepsiCo set to start citrus cultivation in Punjab

Reliance Ventures, HSIIDC to set up 25,000-acre SEZ in Haryana

Looking back
Jun. 11-Jun. 17
Global vegetable oil prices likely to firm up

Pulses importers upset

Wheat prices gain on Centre's signals

Wheat tender bypasses Plant Quarantine Order

Sharp decline in precious metals

Jairam Ramesh moots new dept for plantation

Kuwait expects crude to stabilise at $65-70

Govt cuts tariff values for vegoils