The Hindu Business Line : Friday, July 21, 2006

COMMODITY EXCHANGES
NCDEX gets `CCR AA' rating
Crisil has assigned a `CCR AA' rating to National Commodity and Derivatives Exchange Ltd (NCDEX). This is the first credit rating assigned to an Indian exchange. The `CCR AA' indicates high degree of strength with regard to ... More

FARM CREDIT
Kerala Govt to set up debt relief panel soon
To have powers to write off farmers' debts More

Karnataka Bank in financing pact
Karnataka Bank Ltd has signed a memorandum of understanding (MoU) with New Holland Tractors (India) Pvt Ltd for financing tractors and other farm equipment manufactured by the company. A bank release said here on Thursday that ... More

WHEAT
Millers yet to firm up wheat import deals
Trade on `wait & watch' mode as rupee weakens More

HORTICULTURE/FRUITS & VEGETABLES
Quality norms bug NCDEX potato futures
Contracts don't specify the seed varieties More

Tapioca, mushroom to come under horticulture
Centre's move to promote the sector in mission mode approach More

INFRASTRUCTURE
10,000 sub-market yards coming up
The existing 25 cotton and 12 jute market yards in the State to be modernised. Govt to set up 9 new rythu bazaars More

RUBBER
Spot rubber prices improve
Spot rubber prices improved on Thursday. Covering groups and purchase agents were buyers at lower levels, as international markets recovered partially though the initial gains were not held in TOCOM. Sheet rubber closed at Rs 95.50 a kg against ... More

TEA
Tea prices firm at Kochi auctions
Prices of most dust tea varieties remained steady or eased at the Kochi tea auction. There was 10,03,000 kg of dust tea on offer. While the price of CTC tea eased by Re 1-Rs 2 , bolder varieties eased by Rs 2 to Rs 3. Some finer CTC ... More

WATER
Farmers urge Mettur dam maintenance
The Athur-based United Farmers Association has reminded the Tamil Nadu Government on the immediate need to undertake protective maintenance including checking seepage at the Stanley Reservoir in Mettur considering the fact that the dam is holding ... More

AGRICULTURAL INSTITUTIONS
Contingency plan to tackle scanty rainfall
Cloud seeding mulled; PDS to supply essential items More

OILSEEDS & EDIBLE OIL
Groundnut oil weakens
Groundnut oil and refined soya oil weakened further on the local oilseeds market on Thursday on lack of follow-up buying. Groundnut oil raw was down Rs 5 at Rs 520 per 10 kg. Refined soya oil was down Rs 3 at Rs 405 per 10 kg. Imported crude soya ... More

COFFEE
Sequoia invests $20 m in Amalgamated Bean Coffee
Amalgamated Bean Coffee Trading Company Ltd (ABCTCL), which owns the popular retail chain, Café Coffee Day, has announced an equity investment of $20 million in ABCTCL by Sequoia Capital India, a leading venture capital firm. The investment ... More

SPICES & CONDIMENTS
Cardamom season begins on a positive note
Prices improve as the production is expected to dwindle More

Eastern Condiments gets ISO tag
Eastern Condiments, the flagship company of the Eastern Group, has announced that it has received the ISO 22000:2005 certification for quality and safety in spices and masala sector. Eastern Condiments is the first company in the country to ... More

Pepper futures recoup
Pepper futures bounced back with the prices of all positions rising sharply on Thursday on buying support. Market in action Exporters having commitments are coming to exchanges for cover, as the commodity is ... More

In great demand
RISING VALUE: A vendor selling garlic in Thrissur, Kerala. Garlic exports have increased to 7,500 tonnes during April-May this year from 3,829 tonnes during the same period a year ago. Poor crop in other garlic producing countries has resulted in ... More