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September 28, 2007 | | Tripura, new land of latex The Rubber Board has identified 1 lakh hectares as potential area under rubber in the state, of which roughly 31 per cent has already come under cultivation.
Reliance Money plans big gold coin biz According to Reliance Money officials, the company offers 5 gm and 8 gm coins now but plans are in the offing to launch 0.5 gm, 1 gm and 2 gm coins, said
Kerala's rubber tappers to get insurance cover The applicants should be of the age group 18 to 51. Their monthly income should not exceed Rs 5,000. Application forms and other details can be obtained from the head office of the Rubber Board at Kottayam and other regional offices.
India's iron ore exports to China slump
India to develop new Guar seed varieties Guar Gum Manufacturers' Association president G L Sarda said that the industry will definitely participate with the government in the project. "It is high time we fund research projects to develop new varieties of guar seeds," Sarda said.
How much oil is there in the world? Oil occurs in certain geologic formations at varying depths in the earth's crust, and in many cases elaborate, expensive equipment is required to get it from there. Read below all you need to know about the oil industry in the world.
All you need to know about olive oil In Greece, olives were said to have been created by the goddess Athena, and were considered so esteemed that only "virgins and chaste men" could tend the groves. Olives were a rare and precious commodity to lovers of fine foods.
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September 24, 2007 | | Commodity markets thrive when economies grow This is the million dollar question haunting many people who plan to take a plunge into the tricky world of commodity trading. However, before taking the plunge, especially in the field of commodity trading, it is better to know what it is.
Call to promote organic farming Organic farming is an excellent tool for enhancing the livelihoods of small and marginal farmers, who are resource poor and pursue agriculture in marginal lands not adequately rain-fed, Gerald A Hermann, director of Organic Services, said.
Boom time for commodities in India Experts say the presence of varied agro-climatic conditions along with favourable conditions for cultivation has helped India to become the world's largest producer across a range of commodities.
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September 21, 2007 | | Indian Energy Exchange gets approval IEX, promoted by Financial Technologies, will be a pan India neutral and transparent electronic demutualized exchange for efficient price discovery in the electricity market. PTC India Ltd has consented to take 26 per cent stake in IEX.
Ericsson takes high-speed Internet to villages The project, named Gramjyoti, has been launched in the eastern coast of Tamil Nadu in partnership with four other companies and a non-government organization.
Can Darjeeling Tea win back its old charm? Factor added to the worries of 'Darjeeling Tea' producers was the plantations' heavy dependence on fertilisers and pesticides that were being hawked by foreign corporations.
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September 20, 2007 | | All about the First India Bear Fund The FIB Fund takes short positions in individual stocks and market proxies, and purchases put options, to benefit from a anticipated decline in particular stocks or stock market indices.
Cotton: Gujarat is Numero Uno With demand of Gujarat cotton increasing in the domestic and international markets, more areas in the state are coming under cotton cultivation.
Roller skating in textile mills! One employee on roller-skates can now operate a 120-150-ft spinning frame with 1,000 needles as it weaves cotton fibre into yarn, a task that used to require two on foot.
More terminal markets planned Terminal Markets Projects will be expedited in all states that have potential for such projects, said a conference organized by the agriculture ministry.
Punjab gets good cotton harvest Displacing fears of a reduced cotton harvest in Punjab, officials say the state is set to achieve its target of 26.90 lakh bales this fiscal year.
Sagging futures volumes, FMC to intervene Officials in the FMC said the regulator is planning to permit active role for the state marketing federations in commodity futures trading.
Florida farmers study India's farm success Florida Department of Agriculture has decided to educating its 40,000 farmers and a number of food processing companies in the state on India's booming retail and agri sectors.
Plantations can claim carbon credits: Nath According to the Kyoto protocol, one carbon credit can be earned by reducing a tonne carbon dioxide. One carbon credit is worth $10 as per the UN Framework Convention on Climate Change (UNFCC) guidelines.
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September 18, 2007 | | Spices Board targets $880-m exports In an effort to increase the exports of spices from India, the Spices Board has set a target turnover of $880 million this financial year against $800 million last year.
Rs 3000 cr for plantation sector in 11th Plan The plantation sector was dominated by small growers to the extent of 60 per cent. The industry directly employed 20 million people and contributed 9 per cent of agricultural exports.
Orissa to hunt for diamond reserves As part of this, the state government is planning to engage global diamond mining company De Beers for undertaking a detailed survey of the diamond reserves in Nuapada.
India's debt increases with borrowing The country added $28.5 billion more debt as on March 31. But almost 10 per cent of the addition in total external debt during the year was put on exchange rate difference connected to major international currencies and a weakening US dollar.
Guar Gum ban by EU may end soon Exporters in India are hopeful that the EU would soon lift the ban, which was imposed last month.
Chikungunya hits coir sector The disease was prevalent in the coastal belt of Alappuzha and Kollam districts of Kerala, which are the major coir producing areas in the state.
Centre in a spot over wheat MSP This is bound to create more trouble for the Centre on the wheat front.
Cardamom e-auction hits roadblocks Following difficulties in handling the e-auction process, the cardamom traders at Bodinayakannur, the main trading centre of the commodity, decided to boycott the e-auction from this week.
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September 17, 2007 | | Centre's package helps revive tea gardens According to an official press note, the rehabilitation package has helped nine of the 17 closed tea gardens in Kerala reopen. Again five gardens are in the process of settling their accounts and will resume operations soon.
10 golden rules for trading Those who possess a sound professional money management technique would win the investment game.
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September 12, 2007 | | Unleashing the potential of futures trading Commodity futures are in fashion these days not just because they are on the front lines of all business journals and panel discussions, but because they are going to dominate the investor's horizon in times to come.
Tobacco units warned of action Fearing large-scale excise duty evasion by pan masala and chewing tobacco units, the finance ministry has issued strict warning to the sector and told them to give details of the packing machines at their units.
Invest commodity funds, grow economies Trade and Development Report 2007 prepared by Heiner Flassbeck said that commodities have created lots of opportunities globally, but developing countries will be left if they do not utilise the funds diligently.
Indian Oil joins IIT to develop alumina The state-run oil company's Research and Development Centre singed an agreement with the National Centre for Catalysis Research of IIT Madras for the joint program on Monday.
Commodity prices could hold up credit ratings S&P Rating Services report said oil and gas companies would hold steady through 2007. However, there is a chance that the turmoil in the credit market may negatively affect ratings down the line.
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September 07, 2007 | | Indian company claims making the costliest tea Glendale Tea estate at Coonoor in Tamil Nadu says the black tea it has made is of SFTGFOP (Super-Fine Tippy Golden Flowery Orange Pekoe) grade and fetches a price of $600 for a kilo.
India, China major commodity players: UNCTAD The report from the United Nations Conference on Trade and Development said that commodity exchanges in India and China are becoming major players in global markets.
Experts bat for coconut oil At a time when all edible oils are being dumped by health conscious consumers, fearing cholesterol-related problems, experts have batted for coconut oil.
Coming Soon: Special economic zone for cotton For the first time, a Gujarat-based company has announced plans to set up a commodity-specific SEZ. And the main commodity that will occupy the centre-stage of SEZ will be cotton.
Cement exports see 30% fall Following good demand from domestic sector, cement shipments have come down by almost 30 per cent this year.
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