AGRI-BIZ & COMMODITIES
COMMODITY EXCHANGES
President clears forward contracts amendment ordinance
Commodity market regulator gets autonomous status
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RICE
Samba paddy procurement
Procurement of samba paddy by the Tamil Nadu Civil Supplies Corporation in the Cauvery delta region of Nagapattinam district has touched the one-lakh-tonne mark on Friday and the average daily arrival of paddy to the Direct Purchase Centres ...
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WHEAT
US wheat body sees imports at 30 lakh tonnes
Bangalore, Feb. 8 Though the Union Minister of State for Consumer Affairs, Dr Akhilesh Prasad Singh, has ruled out import of wheat during 2008-09, a representative of the US wheat growers is of the view that shipments into the country could be ...
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CLIMATE & WEATHER
Cold snap, frost to return to northwest regions
North and northwest India are poised to huddle themselves into another cold snap with the India Meteorological Department predicting ground frost conditions developing in Punjab, Haryana and Rajasthan during the next two nights. This ...
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CULTIVATION
AP to plant pongamia in 2 lakh acres
In a major boost to bio-diesel plantation in Andhra Pradesh, the State Government has decided to enable pongamia plantation in two lakh acres this year.The decision has been taken at a high-level meeting chaired by Dr Y.S. Rajasekhara ...
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PULSES
TNAU asks farmers to store blackgram crop, sell later
Coimbatore, Feb. 8 The Tamil Nadu Agricultural University (TNAU) has advised the farmers to store their blackgram crop and sell the produce during June and July when the price is expected to move up from the current levels.In a ...
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AQUACULTURE
Seafood meet focuses on deep sea fishing
MPEDA to go for brand promotion
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INSIGHT
Strategies to avoid rice imports
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COMMODITIES
Costlier manufactured items force inflation rate to top 4%
Wholesale Price Index of all commodities up at 217.6
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Inflation crosses 4%
New Delhi, Feb. 8 Inflation has begun to rear its head once again, with the WPI-based inflation rate crossing the 4-per cent mark to surge to a six-month high of 4.11 per cent for the latest reported week of January 26. Food items, ...
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RUBBER
Spot rubber prices unchanged
Kottayam, Feb. 8 Physical rubber prices closed almost unchanged on Friday. Most of the manufacturers were keeping their quotes below Rs 94 a kg, while the growers appeared confident to stay back expecting the prices to remain firm in ...
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TEA
Steady trend at Kochi tea sale
Kochi, Feb. 8 There was good demand at the Kochi tea auction and high priced CTC dust varieties remained steady. Medium and plainer CTC were steady to dearer. There was 7,90,000 kg of dust tea on offer at the auction. Orthodox medium ...
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Shangri-la, Glenworth to open high-end tea cafes
In the process of finalising venues; to invest Rs 15 lakh in each cafe
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SPICES & CONDIMENTS
Indonesian clove prices soar to $6,200/t
Kochi, Feb. 8 Strong Indonesian domestic demand coupled with short supply in the world market appears to have pushed up the cloves prices in the world market. High speculation is also said to have contributed to the upsurge.According to ...
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Pepper futures decline on improved arrivals
Kochi, Feb. 8 Pepper futures market dropped on Friday on improvement in arrivals and slow domestic demand.The increase in arrivals is attributed to tightening of the check posts on Kerala borders by the sales tax department. However, ...
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Cardamom prices recover on low arrivals
Kochi, Feb. 8 The cardamom prices after a fall last week recovered marginally during the week at auctions held in Kerala and Tamil Nadu on thin arrivals and buying support. Total arrivals during the current season up to February 6 fell ...
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Jeera futures down 3%
Mumbai, Feb. 8 Jeera futures on NCDEX fell nearly 3 per cent to Rs 10,191 per quintal as new crop arrived from Gujarat and Rajasthan. “Stockist will seen offloading their old stock as they expect prices to fall further in the coming ...
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OUTLOOK
Centre likely to pay bonus to wheat growers
Seen at Rs 50-100/quintal; imports ruled out for 2008-09
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