AGRI-BIZ & COMMODITIES
COMMODITY EXCHANGES
MCX: We are No. 1 in gold futures
THE Multi-Commodity Exchange of India Ltd (MCX) on Tuesday claimed it has emerged as the No. 1 commodity exchange in the country by capturing more than 85 per cent of the total gold futures trading volumes. Daily volume in gold futures ...
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AQUACULTURE
Seafood exporters launch drive to fight dumping suit
SEAI has begun collecting data from the top 50 Indian exporters.
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INSIGHT
Agreement on Agriculture — Confrontation among superpowers
WTO negotiations are battles between and among nations, and their groups, with countries like the US inclined simply to ignore the mandate of the international trade body, as has happened with the Byrd Amendment repeal. But the boot may be on the oth er foot, going by the alacrity with which American beef has been banned by many nations at the first hint of detection of mad cow disease in the US, says Sharad Joshi.
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HORTICULTURE/FRUITS & VEGETABLES
Dearer bottlegourd!
A farmer collects bottlegourd from his farm on the outskirts of Bangalore. The prices of the vegetable have shot up in recent times from Rs 6 - 8 per kg to Rs 10 -14 per ...
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RUBBER
Rubber weakens in thin trading
THE rubber market weakened on Tuesday. All the grades except latex lost amidst extremely thin trading owing to a State-wide private vehicle strike to protest against the hike in petrol and diesel prices. Rubber futures fell sharply on Tuesday. ...
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FOODGRAINS
Foodgrain stocks at 5-year low; exports likely to be hit
FOODGRAIN stocks in the central pool have dipped to 254.48 lakh tonnes (lt) as on December 1, a five-year-low for this date. It virtually signals the end of the party for export of grains from the country, more so in an election year when the ...
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JUTE
Jute mill workers protest Govt move to dilute packaging orders
JUTE mill workers who have been on an indefinite strike from December 29, with an eight-point charter of demands placed before the mill owners, are burning plastic bags in front of closed mills. Trade unions leaders explained that they were ...
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OILSEEDS & EDIBLE OIL
Palm oil duty hike proposal upsets soap manufacturers
THE country's soap industry is rather upset with the latest proposal of the Food Ministry to raise the rate of customs duty on non-edible palm oil to 65 per cent, on par with crude palm oil of edible grade (CPO). Soap manufacturers believe ...
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COFFEE
CBDT clarifies on filing of I-T returns by coffee growers
THE Central Board of Direct Taxes (CBDT) has clarified that `individual' coffee growers deriving income of Rs 2 lakh per annum or less from growing and curing are not obliged to file their returns to the income-tax department. This ...
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POULTRY
Chilly North warms up egg prices
GRIPPING cold-wave conditions in North India has warmed up the southern layer poultry farmers as rising egg consumption in upcountry centres has pushed up the table egg price, in consonance with the price trend prevailing across most other ...
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SPICES & CONDIMENTS
Cardamom prices rule steady
CARDAMOM prices ruled steady on good buying support at the major auction centres in Kerala and Tamil Nadu. Prices of graded varieties on Tuesday were AGEB Rs 450 - Rs 460, AGB Rs 325 - Rs 335, AGS Rs 305 - Rs 315 and AGS 1 Rs 280 - ...
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