This is not the time to allow banks and mutual funds to trade in commodity futures, given the opposition the exchanges face over rising prices of agricultural commodities, a senior official of the ministry of consumer affairs said. Amid concerns that trading in commodity exchanges increases prices of essential items, the government has ruled out the possibility of allowing banks and mutual funds to trade in commodity futures in the near future. Though it is not correct to say that futures...

But he is excited about working at Rice, which he calls one of the world's best private institutions. He headed an effort that last year raked in more than $174 million in external research funding. Coleman came to Missouri in 2003 as vice provost for research. Business or category City or ZIP. He'll be Rice's vice provost for research. Coleman's departure follows the resignations of two other MU heads -- System President Elson Floyd and research and economic development vice president...

TOKYO - Japanese officials gathered on Friday to commemorate the latest step in the nation's agriculture export push, as Japan resumed rice shipments to China this week following a four year ban. The rice is expected to sell in major outlet stores in July for a premium price, catering to wealthy Chinese who prefer the taste of well known Japanese brands. China formally agreed to resume Japanese rice imports just prior to Chinese Premier Wen Jiabao's visit to Japan in April as part of wider...

This price hike and costly imports of Basmati into UAE also affected this important market and forced the importers to raise their prices. Local rice exporters pointed out that many rice importers in UAE have ceased placing new orders to their suppliers from Pakistan owing to high prices of non-basmati rice in general and Basmati in particular. Irri-6 25 percent broken, the cheapest variety of Pakistan's coarse rice, mainly exported to African countries, has now crossed the level of $295...

New Delhi: India will renegotiate with Russia, at this month s bilateral talks scheduled to be held in Moscow, rules governing exports of rice to that country which have been under a question mark since December 2006 that month, Russia banned imports of Indian rice on the grounds that it contained Aflatoxin, a potential health hazard. India to renegotiate rice import ban with Russia - livemint Log has written. New Delhi: India will renegotiate with Russia, at this month s bilateral talks...

Prices of food products, including wheat and pulses, have been blamed for the spurt in inflation, which touched a two-year high of 6.7 per cent in January. Later this month, they will discuss a proposal to exempt rice, wheat and pulses from value added tax. To control the prices of wheat, the Centre banned futures trading as well as exports, allowed duty-free import of wheat and raised its procurement price by Rs 150 a quintal. Food inflation, which rose to about 10 per cent in January...