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Tuesday, November 03, 2009
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AGRI-BIZ & COMMODITIES

COMMODITY MARKETS: Wheat prices surge on open sale move by Govt
Rates hit record Rs 1,400 a quintal; maida, sooji turn dearer. Wheat prices in the domestic market have raced to a record Rs 1,400 a quintal with the Centre fixing a higher price for selling the grain under the open market ...

EXPORTS & IMPORTS: Basmati trade flounders on default by Iran buyers
50,000 tonnes held up at Kandla port; over Rs 700 crore at stake. New Delhi, Nov. 2 Basmati exporters who had contracted large purchases from Iran at highly attractive prices till a couple of months ago are facing payments problems to the tune ...

TEA: A win-win tie-up for small tea growers
Kanan Devan Plantation Co too gains. Munnar, Nov. 2 Having harvested 4,000 kg of green tea leaves from their small plot of 2.5 acres in September, R. Babu and his wife Sini are a very happy couple. At Rs 13.50 a kg for green leaves that ...

AQUACULTURE: Shifting of Vizag fishing harbour opposed
Visakhapatnam, Nov. 2 The proposal of shifting the fishing harbour from here to Bhimli, 25 km away, has come under criticism from the fishermen, trawler owners and ...

OILSEEDS & EDIBLE OIL: Oilseeds output seen 10% lower
Chennai, Nov. 2 The kharif oilseeds production has been estimated lower by nearly 10 per cent at 136.5 lakh tonnes (lt) compared with last year by the Central Organisation for Oil Industry ...

AGRICULTURAL INSTITUTIONS: Nabard okays loan to Karnataka
Bangalore, Nov. 2 The National Bank for Agriculture and Rural Development (NABARD) has sanctioned a loan of Rs 310.28 crore to the State Government for building rural infrastructure projects under the Rural Infrastructure Development ...

PLANTATIONS: Campco product prices up on cocoa shortage
Rise in prices of main raw material cocoa and sugar by 15-20 per cent this year due to short supply have compelled Campco to effect a corresponding increase in prices of its chocolate products while other major manufacturers also said to ...

SOCIAL SECURITY: Payment time
...

POULTRY: Poultry exhibition
...

RUBBER: Mixed trend in spot rubber
Kottayam, Nov. 2 Physical rubber prices witnessed a mixed trend on Monday. The undercurrent appeared weak following the sharp declines in the Japanese markets. Sheet rubber slipped to Rs 109.50 from Rs 110 a kg on buyer ...

CULTIVATION: Rabi crop sowing below normal
Bangalore, Nov.2 Rabi crops have been sown on 13.42 lakh hectares against the normal coverage of 21.59 lakh hectares as of ...

WATER: AP to seek World Bank loan for Nagarjunasagar project
The Central Government has cleared a proposal of the Andhra Pradesh Government to secure Rs 4,444 crore from the World Bank to take up Nagarjunasagar modernisation ...

TEA: Huge volumes withdrawn at Coonoor tea auction
Coonoor, Nov. 2 For the sixth consecutive week, prices tumbled and substantial volumes remained unsold at the auctions of Coonoor Tea Trade Association as demand was grossly inadequate at Sale No: 44 to absorb at base price the offer of 16 ...

CLIMATE & WEATHER: IMD mounts watch for rains over peninsula
Thiruvananthapuram, Nov. 2 India Meteorological Department (IMD) has indicated isolated to scattered rainfall activity over south peninsular India during the next 24 hours before scaling up in intensity ...

Columnists: G Chandrashekhar Sharad Joshi




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Markets (Oct 30)
Nifty (at close)4,711.70 (-38.85)
US Dollar (Buy/Sell)46.96/97
Brent crude (a bbl) Rs3,539
Gold (a gram) Rs1,490
Silver (a kg) Rs27,205


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