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Tuesday, December 15, 2009
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AGRI-BIZ & COMMODITIES

COMMODITIES: Inflation soars to 4.78% in Nov on higher sugar, food product prices
Spike on expected lines; no immediate action needed, says Govt. Led by a 24.70 per cent spurt in the prices of manufactured food products (such as sugar, coffee and skimmed milk powder), the country's wholesale price index (WPI)-based inflation ...

FARM CREDIT: Coffee debt relief package headed for trouble
Finance Ministry expresses concern due to rising fiscal stress. The debt relief package for coffee growers seems headed for trouble, with the Finance Ministry expressing concerns against the backdrop of growing ...

OUTLOOK: Cardamom tops Rs 800/kg on demand, poor arrivals
Crop failure in Guatemala adds to pressure on prices. Cardamom prices continued to surge ahead on good demand and drop in arrivals at the auctions ...

JUTE: Bengal jute mill workers on strike
Only 2 out of 52 mills unaffected. Close to 2.5 lakh workers employed in 50 odd jute mills in West Bengal went on an indefinite strike ...

COTTON: India's experience with Bt cotton illustrative, says US expert
The widespread adoption of Bt cotton in India illustrates why and how evasion of both bio-property and bio-safety regimes is pervasive globally, said Prof Ronald J. Herring, ...

SEEDS: Rasi creates ‘HyVeg' brand for vegetable seeds
Launches processing facility in Haryana. Rasi Seeds (Pvt) Ltd has created a separate brand, “HyVeg”, for its vegetable ...

PLANTATIONS: Chocolate makers to import cocoa to meet demand
Things could turn out to be bitter for the chocolate industry this year. Despite doubling of the area under cocoa and an almost doubling of production in recent years, around 50 per cent of the domestic industry's requirements have still to ...

SPICES & CONDIMENTS: Pepper futures fall on bearish operations
Pepper futures on Monday fell sharply on bearish propaganda that steered bull liquidation, pulling down the prices of ...

CLIMATE & WEATHER: Cyclone Ward remnant crosses Lanka coast
The deep depression (from erstwhile Tropical Cyclone Ward) over southwest Bay of Bengal crossed the north Sri Lanka coast near Trincomalee on ...

RUBBER: Mixed trend in spot rubber
Spot rubber witnessed a mixed trend on Monday. The undercurrent was weak following the unimpressive reports from the domestic and international futures but sheet rubber finished unchanged at Rs 132 a kg as on the ...

WHEAT: Nspot to sell FCI wheat online
The Food Corporation of India (FCI) has decided to sell wheat under open market sales scheme in Karnataka and Haryana through NCDEX Spot ...

Columnists: G Chandrashekhar Sharad Joshi




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Markets (Dec 11)
Nifty (at 3.30 pm)5,105.70(-11.60)
US Dollar (Buy/Sell)46.70/71
Brent crude (a bbl) Rs3,305
Gold (a gram) Rs1,593
Silver (a kg) Rs27,950


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