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AGRI-BIZ & COMMODITIES

GOLD & SILVER: Gold, silver jewellery exports to get drawback
No change in existing rates, caps. Gold and silver jewellery exporters have cause to cheer as the Government has, for the first time, specified drawback rates for such exports. Through drawback payments, exporters can avail themselves of refund ...

SUGAR: Western U.P. sugar mills reach pact on cane payment
To pay growers between Rs 205 and Rs 210 a quintal. Sugar mills in Uttar Pradesh are more or less reconciled to paying farmers a price ranging between Rs 200 and Rs 210 a quintal for the sugarcane they will be supplying in the ongoing 2009-10 ...

RUBBER: Rubber production up 7% in November
Cumulative output down 6.5%. Setting the tone for the peak production season in India, rubber output increased by over seven per cent in November. The months of November-December-January are the peak rubber-producing season in peninsular India. ...

CLIMATE & WEATHER: Monsoon active again over TN coast
The North-East monsoon has been active over coastal Tamil Nadu during the 24 hours ending Wednesday morning, according to the Chennai Regional ...

FOODGRAINS: Tackling food prices
The strident rise in prices of essential food items such as cereals, pulses, sugar and cooking oil in recent months continues to burn holes in people's pockets, yet policymakers seem to be at their wit's end to contain the bullish sentiment ...

RUBBER: Spot rubber flares up on lack of sellers
Spot rubber flared up on Wednesday. The extremely bullish sentiments were catalysed mainly by the gains in the domestic and international rubber futures amidst short supply. Sheet rubber moved up sharply to Rs 127.25 from Rs 123 a kg as ...

INFORMATION TECHNOLOGY: e-Krishi could become model for country
The e-Krishi network being implemented by the State could become a model for the rest of the country, according to Dr Pawan K. Dhar, senior scientist at the RIKEN Advanced Sciences Institute, Japan, and Editor-in-Chief, Systems and ...

TEA: Offerings at Coonoor tea auctions at 32-week low
An analysis of listing by brokers shows that the volume offered for sale number 49 of the auctions of Coonoor Tea Trade Association to be held tomorrow and Friday has dipped to 10.75 lakh kg – the lowest in the last ...

SPICES & CONDIMENTS: Pepper futures decline marginally
Pepper futures on Wednesday witnessed high volatility and closed marginally below the previous close on selling pressure. Investors were selling validity expired stock at Rs 250 below the December price and buying December fresh pepper at Rs ...

Columnists: G Chandrashekhar Sharad Joshi




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Markets (Dec 2)
Nifty (at close)5,123.25 (+1.25)
US Dollar (Buy/Sell)46.34/35
Brent crude (a bbl) Rs3,677
Gold (a gram) Rs1,691
Silver (a kg) Rs30,675


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WTO


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