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AGRI-BIZ & COMMODITIES
WHEAT
Wheat procurement: Govt in state of panic
The report of the Centre asking corporates to refrain from buying wheat in the open market shows that panic drives people berserk. This government is in a state of utter panic. Inflation continues to climb, week after week, fuelled by tightening ...
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CLIMATE & WEATHER
Easterly wave may impact peninsula by weekend
An incoming easterly wave, the first of the year, is likely to affect extreme south peninsula from the weekend causing scattered rain and thundershowers. The wave will be borne out of an extensive trough of low-pressure linking the South ...
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AQUACULTURE
HLL to exit marine products business
Move unlikely to affect seafood industry or exports
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INSIGHT
Sugar: A bitter-sweet policy
Even as there is call for the government to exit businesses, it remains interested in many, often for reasons political. The most regulated sector in agriculture is `sugar'. From licensing of mills to the specifications of gunny bags to be used ...
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BUDGET
Assocham favours 1% extra cess on corporate profits
Resources to exclusively fund irrigation projects
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HORTICULTURE/FRUITS & VEGETABLES
Behind inflation
SUPPLY SHORTAGE: Honey bees swarming grapes at a retail outlet in Kochi, Kerala. Fruits have been among the food items that have resulted in inflation rising above 6.50 per cent. The fruits index has increased by 15.11 per cent, mainly on lower ...
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RUBBER
Spot rubber down on global trend
A crash in TOCOM rubber futures kept spot rubber under its shadow on Tuesday. Major grades lost by 50 paise but RSS 4 continued to rule flat at Rs 96.50 a kg both at Kottayam and Kochi as on Monday. The market activities were feeble lacking the ...
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Physical delivery of rubber tops 30,600 tonnes on NMCE
Rubber physical delivery on the National Mutli-Commodity Exchange of India (NMCE) touched 1,063 tonnes for the February series, taking the total physical delivery of the commodity since the beginning of futures trade to 30,612 tonnes. However, ...
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DAIRY & DAIRY PRODUCTS
India wasting green fodder advantage: Expert
`Over-emphasising use of concentrate feeds'
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POULTRY
Broiler price softens as offtake declines
After ruling above Rs 40 for nearly a month, live chicken prices have slid below Rs 38 per kg in the market. The slacked chicken market, particularly the slowdown in consumption in the neighbouring Kerala which gives volume sale for the Tamil ...
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SPICES & CONDIMENTS
Chilli prices fall on bumper crop estimates
Offloading of old stocks, new arrivals aiding decline
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Pepper futures rule steady
There was no demand from overseas but good domestic demand prevailed and it was met directly from the primary markets, market observers told Business Line. As February delivery was ruling high, exporters were covering spot and that had ...
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AGRICULTURAL POLICY
Wheat fears: Government using strong-arm tactics?
The Centre has informally told the top corporates in the country's wheat business to refrain from purchasing the grain in major growing regions during the upcoming procurement season, according to sources in the wheat trade. Large-scale ...
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COMMODITY MARKETS
`Investor interest in commodities rising'
There is unlikely to be any softening in the pace of institutional investor flows into the commodity markets. Investors still value commodities for their portfolio diversification benefits, but are moving away from index investments and favouring ...
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Investors unfazed by extra margin on jeera futures
The Forward Markets Commission's decision to raise margins on jeera futures to 13 per cent by imposing an additional margin of 5 per cent failed to dampen investor sentiment. Though opening low by Rs 150 per quintal, jeera futures gained 3.45 ...
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Bullion `shines' in line with global trend
Gold rules at $666.90/oz; silver touches $13.91
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