Parekh panel may ask UTI to snip US-64 equity exposure to 20%
The Deepak Parekh committee on US-64 restructuring is believed to be in favour of a drastic reduction in the equity portfolio of the fund to 20% over the medium term from the present level of about 66%.

Alcohol-based industry seeks futures trading in molasses
The All-India Alcohol-Based Industries Development Association (AABIDA) has demanded futures trading in molasses and alcohol. It has also demanded the setting up of a national board for alcohol and molasses for harmonising the present policies.

Call-money rates slip to 8.2%; may hover around 8.7%
Call rates eased close to 8.2% on last Friday. However, there was slight tightness with the beginning of the new reporting fortnight and call rates moved higher to 8.5% on Saturday.

  STC steps up purchases to lift rubber
  Japan's coffee traders expect modest impact from Columbia quake
  Fewer Malaysian cocoa imports seen in 1999
  Rubber Board move stirs controversy
  Thai rubber trade hit by stock sale
  Danish wheat prices stable, market quiet
  Thai rubber market quiet as bidders sidelined
  Liffe coffee seen drifting lower
  Singapore gas oil volatile on Indian tender cancellation talks
  Export tax essential, says Brazil coffee body head
  LME copper breaks key support level
  Near-term Malaysian tin seen weak
  South Korea copper
  Oversupply may depress local cotton prices