Tea Board plans to revamp auction system In order to improve the tea auction system in the country, the Tea Board of India is planning to undertake a study on the existing auction rules of different tea auction centres in the country. Government unlikely to change duty structure on edible oils import -- Traders The country's new coalition government is unlikely to respond early to a chorus of trade demands to raise import duties on edible oils to stem arrivals, trade officials and analysts said on Thursday. EU scientists reject Austrian evidence on genetically modified maize The European Union's (EU) top scientific experts recently rejected evidence submitted by Austria claiming a link between a widely-used variety of genetically modified maize and environmental damage. Cotton suffers fresh setback on slack mill demand Briefing Oil traders face fresh uncertainty on output cuts European gold moves sideways in early trading, fixes at $305 Asian oil prices remain steady EC may ban farm drug over human health fear Pakistan rice exports may slow down
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