US firm asked to withdraw basmati patent claim
Gene Campaign of India and three European non-government organisations (NGOs) have asked the US firm Rice-Tec to voluntarily withdraw its patent claim on basmati rice since it had now been established that the genetic profile of the Indian basmati is similar to that of the patented variety.

Asian gold soars as ECB statement revives sentiment
Gold soared in frantic Asian trade on Monday as European central banks eliminated much of the uncertainty undermining world bullion markets in a statement pledging to cap sales over the next five years.

Rise in gold unabated on overseas advices; grains subdued
Gold prices jumped up sharply on the back of rally in the global prices while silver hardened in sympathy on the bullion market yesterday.


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