Financial Daily from THE HINDU group of publications
Tuesday, July 01, 2003
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Financial Daily from THE HINDU group of publications Tuesday, July 01, 2003 |
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AGRI-BIZ & COMMODITIES COMMODITY EXCHANGES MCX to start trading by Sept-end The exchange proposes to conduct futures trading in gold, silver, cotton, castor, rubber and pepper in the first phase. This may be enlarged further to cover palmolein and soya. More RICE EU to levy higher duty for basmati import IT is a market that annually buys roughly 1.6 lakh tonnes (lt) of basmati rice from the country, valued at almost 100 million euros (Rs 525-530 crore). But with the European Union (EU) now deciding to virtually scrap the existing so-called ... More AQUACULTURE 
Making a killingA lean chakara, the first of the current monsoon season, appeared off Chavakad coast in Thrissur district on Sunday. Chakara occurs during the monsoon period when large schools of fish move closer to the shore to consume nutrients ... More RUBBER Rubber market mixed THE rubber market showed a mixed trend in prices with RSS 4 quoting at Rs 45 per kg on Monday against Rs 44.50 as on Saturday. Major buyers from the tyre sector continued to be absent from the trading circles. Arrivals were low as in the previous ... More PRECIOUS METALS Gold succumbs to long liquidation GOLD succumbed finally to long liquidation last week with prices falling below $ 350 an ounce even before the US interest rate cut was announced. Pressure from a stronger US dollar was supportive. After the announcement of a lower-than-expected ... More GENERAL INSURANCE ICICI Lombard plans weather insurance ICICI Lombard is in the process of structuring a weather insurance product for the country's agricultural sector and is in talks with the India Meteorological Department (IMD) for a data sharing arrangement. Weather Index Insurance, the ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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