Committee of secretaries is working on the formula and it is understood that EAC is also being asked to go through the formula.
FMC chairman B C Khatua said differential margins were being considered as the perceived risk of hedgers and speculators was different.
For the purpose the ministry will rope in the private sector companies to give a boost to Indian tea abroad.
Traders in Mumbai said palm oil futures in Malaysia, the benchmark for the commodity, has been icreasing thanks to rising demand from India, the world's second biggest buyer of vegetable oils.
Nearly two weeks after lifting the ban on rice imports from India, Russia has said that it wants to inspect Indian laboratories that test and certify the grain for safety and quality.
With the new season beginning in August-September, the MCX jute Futures contract is likely to help the industry lock in a raw jute price for hedging.
The survey has called the government to immediately address the issue so that the country's worsening inflation problems could be solved.
Southern India's Deccan region has been surveyed as having one of the richest deposits of the yellow metal.
As a result, necessary IP rights are not effectively transferred, the "best price" for IP is rarely achieved, and the process itself inhibits the market adoption of new technology based products and hence their companies' economic growth.
In value terms, the exports increased by 36 per cent to touch Rs 967.30 crore (Rs 9.67 billion) during the quarter.
JRG Securities Limited is a brokerage in India, and Baring will invest through a preferential issue and warrants for a minimum stake of 44.8% in the company.
The Surat-based Indian Diamond Institute has taken the initiative to start the online service for verifying the diamond grading documents.
Every one knows that International politics plays a key role in deciding the 'power centers' among nations and a few know that there exists a relationship between international politics and commodity markets that had existed from time immemorial.
India's apex Forward Markets Commission says physical delivery is essential for the transparent functioning of the commodity exchanges.
Pakistani cotton scene is turning out to be interesting with domestic producers offering the commodity at rates lower than the international prices.
India, a nation of over one billion people, consumes just 2,500 tonnes of olive oil per year. This dismal fact has now woken up International Olive Council.
Multinational companies like Shell, Caltex, Elf and SHV that have been attracted by the huge possibility to market Liquified Petroleum Gas in India are these days waiting for their chance.
The Madurai Spinners Association has sought removal of import duty on cotton and cotton waste, to prevent mills going into the red.
The estimate said the total foodgrains production in 2006-07 will at 216.13 million tonnes. It comprises 92.76 million tonnes of rice, 74.89 million tones of wheat, 34.25 million tonnes of coarse cereals and 14.23 million tonnes of pulses.
What is the process of exploration for gold deposits in India, and how it is done? Read on...
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