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AGRI-BIZ & COMMODITIES

WHEAT: NCDEX, MCX re-launch wheat futures from today
Forward Markets Commission clears six contracts. Mumbai, May 20 National commodity exchanges – NCDEX and MCX – are all set to re-launch futures trading in wheat from Thursday after their proposals were cleared by the commodity market ...

TEA: ‘Technical glitches’ ground tea e-auctions
Mismatch in lot numbers on electronic platform, manual system. Kolkata, May 20 The bid to start regular e-auctioning of North India teas at Kolkata auction centre did not fully succeed on Tuesday “because of some technical ...

SPICES & CONDIMENTS: Pepper futures recover
Kochi, May 20 The pepper futures market recovered on Wednesday with the May delivery moving above spot on bullish operations allegedly by ...

CLIMATE & WEATHER: Brewing ‘low’ under watch as monsoon enters Bay
Thiruvananthapuram, May 20 The southwest monsoon has kept date by advancing into south Bay of Bengal and the entire Andaman sea on Wednesday, an India Meteorological Department (IMD) update ...

TOBACCO: Tobacco Board Chairman cautions farmers on surplus
Rajahmundry, May 20 It is very gladdening that tobacco farmers in Andhra Pradesh are getting record prices this season on auction floors, but they should also exercise caution and should not grow surplus crop, according to Mr J. Suresh Babu, ...

TEA: ‘Extend exemption of green leaf cess, agri I-T to Bengal’s tea industry’
Kolkata, May 20 Mr Shashank Prashad, President of Tea Association of India (TAI), in a statement here on Wednesday, reiterated the need for extending exemption of green leaf cess and agricultural income-tax to West Bengal’s tea ...

RUBBER: Spot rubber rules steady
Kottayam, May 20 Spot rubber closed almost unchanged on Wednesday. Most of the traders preferred to wait for a clear trend to emerge as monsoon is almost at the door ...

COIR: Global coir fair to boost exports
To provide better visibility to products in global market. The India International Coir Fair-2009, which is coinciding with the golden jubilee celebrations of the Central Coir Research Institute, is expected to give further fillip to coir ...

TEA: Tea volume up at Coonoor auctions
An analysis of the offer of tea by different brokers for Sale No: 20 of the auctions of Coonoor Tea Trade Association to be held on Thursday and Friday shows the total volume at 13.20 lakh kg. This is the highest volume in the last 16 ...

Columnists: G Chandrashekhar Sharad Joshi




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Markets (May 20)
Nifty (at close)4,270.30(-48.15)
US Dollar (Buy/Sell)47.47/48
Brent crude (a bbl) Rs2,854
Gold (a gram) Rs1,333
Silver (a kg) Rs23,245


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