Sreekumar Raghavan, Commodity Online

Stories by Sreekumar Raghavan, Commodity Online

Chinese firm may build Essar plant

Chinese firm may build Essar plant

Rediff.com   9 Oct 2007

The proposed steel plant is a joint venture wherein Essar would hold 65 per cent stake, VSC 20 per cent and the rest 15 per cent would be held by Vietnam General Rubber.

Cafe Coffee Day going global

Cafe Coffee Day going global

Rediff.com   9 Oct 2007

Caf Coffee Day is a division of India's largest coffee conglomerate, Amalgamated Bean Coffee Trading Company Ltd, popularly known as Coffee Day, a Rs. 300 crore (Rs 3 billion) ISO 9002 certified company. Coffee Day sources coffee from 5000 acres of coffee estates, the 2nd largest in Asia, that is owned by a sister concern and from 11,000 small growers. It is one of India's leading coffee exporters with clients across USA, Europe & Japan.

Russia lifts ban on Indian oilseeds

Russia lifts ban on Indian oilseeds

Rediff.com   8 Oct 2007

According to the Agricultural and Processed Food Products Export Development Authority (APEDA), the restrictions had been lifted with the condition that sesame seeds and groundnut exported should carry the quality and safety certification issued by the Delhi-based Sri Ram Institute for Industrial Research or any other agency as may be notified from time to time.

Grow canes with high sugar content

Grow canes with high sugar content

Rediff.com   8 Oct 2007

India's apex sugar cooperative, the National Federation of Cooperative Sugar Factories (NFCSF), has asked farmers to grow sugar canes with high sugar content.

Global warming hits cereal production

Global warming hits cereal production

Rediff.com   8 Oct 2007

A new study on the impact of global warming on global food production by researchers of a US university says that in 20 years since 1981, there had been an annual loss of about $5 billion for the major cereal crops in the world. The Chennai-based MS Swaminathan Research Foundation (MSSRF) is implementing a project on vulnerability assessment and enhancing adaptive capacity to climate change (V&A Programme) in semi-arid India.

Indian cities to witness 'Gold Shows'

Indian cities to witness 'Gold Shows'

Rediff.com   8 Oct 2007

WGC will conduct nearly 30 workshops across the Indian cities as a prelude to Au DITIONS, a competition for gold jewellery designers. Au DITION is aimed at identifying three trend-setting designers, whose works will be showcased worldwide.

Textile industry in doldrums

Textile industry in doldrums

Rediff.com   8 Oct 2007

Many of the spinning mills in Tamil Nadu are facing closure and several mills have curtailed production as against the usual practice of working 24/7 round the year. Among the reasons cited by the mills are hike in domestic cotton prices, appreciation of rupee value leading to stock piling of stocks, labour shortages and shortage of power.

Have GM crops helped Indian farmers

Have GM crops helped Indian farmers

Rediff.com   3 Oct 2007

The Canada-based International Development Research Centre in collaboration with the Gene Campaign has launched a unique research study on the attitudes and perceptions towards crops and foods in India. IDRC has undertaken a similar study in China.

Diamond sales: Kolkata, Hyderabad lead

Diamond sales: Kolkata, Hyderabad lead

Rediff.com   3 Oct 2007

It seems the sparklers have caught Kolkatans in a spell. According to Diamond Trading Corporation's figures, another city which has got mesmerised by diamonds is Hyderabad.

Commodities markets ready to follow Sensex

Commodities markets ready to follow Sensex

Rediff.com   3 Oct 2007

Experts like National Commodity and Derivatives Exchange Managing Director and CEO P H Ravikumar feel that the commodities market will steal the thunder in the coming days. The next bull run is not in stocks but in commodities, he said.

Commodities boom heralds green revolution

Commodities boom heralds green revolution

Rediff.com   3 Oct 2007

Fourteen states that include Maharashtra, Punjab, Andhra Pradesh and Rajasthan have amended the Agricultural Produce Marketing Committee Act this year. This allows farmers to sell their produce directly to buyers offering them the best price.

Bihar to restart eight sugar mills

Bihar to restart eight sugar mills

Rediff.com   3 Oct 2007

The government move comes after seeing the diagnostic study done by SBI Caps. On government request SBI Caps studied 15 state-owned closed down sugar mills. It recommended re-opening of eight mills, saying they were viable units.

Voguestock to focus on rural areas

Voguestock to focus on rural areas

Rediff.com   1 Oct 2007

From a modest beginning, Voguestock has established its various divisions and branches to provide high quality of integrated services in the field of Capital Market. The basic strength of any service organisation is its work force.

Petroleum: India's largest foreign exchange earner

Petroleum: India's largest foreign exchange earner

Rediff.com   1 Oct 2007

According to figures from the Ministry of Petroleum, foreign exchange earnings from the petroleum sector stood at more than $11 billion in the first six months (April-September) of the current financial year. In the last fiscal, it was $9.1 billion.

Guj jewellers call for cut in licence fee

Guj jewellers call for cut in licence fee

Rediff.com   1 Oct 2007

Shantibhai Patel, president, Gems and Jewellery Trade Council of India, said jewellers in small towns have to pay Rs 10,000 for three years as licence fee, while in major cities this fee Rs 20,000 at present.

India No 2 in cotton production

India No 2 in cotton production

Rediff.com   1 Oct 2007

Indian production this season (Oct 2006-Sept 2007) is estimated at 280 lakh bales of 170 kg (against 245 lakh bales last season) and for the next season, it has been projected at a minimum 300 lakh bales.

EU moves to fatten Indian dairy farmers

EU moves to fatten Indian dairy farmers

Rediff.com   1 Oct 2007

Grabbing the opportunity, companies are lining up with investment in Uttar Pradesh, Punjab and Haryana for processing plants to milk the export market. Global giants such as Group Danone and Fonterra are firmly in India.

Tripura, new land of latex

Tripura, new land of latex

Rediff.com   28 Sep 2007

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

Reliance Money plans big gold coin biz

Rediff.com   28 Sep 2007

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

Kerala's rubber tappers to get insurance cover

Rediff.com   28 Sep 2007

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.