AGRI-BIZ & COMMODITIES
COMMODITY EXCHANGES
Commodity exchanges to work with AMFI to draw norms for mutual fund products
COMMODITY exchanges will work with AMFI to draw up guidelines for mutual funds to introduce products for the commodity markets, Mr P.H. Ravi Kumar, Managing Director, NCDEX said on Thursday. Motilal Oswal Commodities Brokers Private Ltd (MOCB) ...
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CLIMATE & WEATHER
METSIGNS
Summer showers skip Kozhikode and Mallappuram districts
KOZHIKODE and Malappuram districts in the north provided the only exception to a refreshingly welcome trend as summer rains continued to pour it down `in excess' in Kerala during the week-ended March 31. The Agromet Advisory issued by the ...
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AQUACULTURE
Breakthrough in captive breeding of sand lobsters
THE scientists at the Central Marine Fisheries Research Institute (CMFRI) claimed to have achieved a breakthrough in the captive breeding of the sand lobster Thenus orientalis at its Chennai Research Centre. It was the team of scientists ...
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Seafood units urge Centre to fight US anti-dumping duty
THE seafood industry is exerting pressure on the Centre to take a firm stand against the US move to impose anti-dumping duty on Indian shrimp being imported into that country. The industry expects a statement from the Prime Minister, Mr A.B. ...
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RUBBER
Hectic buying in rubber market
THE physical rubber prices flared up on Thursday. The first day of the financial year witnessed hectic buying from the covering groups and purchase agents. Arrival of raw materials does not register any improvement.All the grades gained on ...
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TEA
Kenya active buyer at Coonoor tea sales
FOR the second consecutive week, exporters helped to sustain the auctions last week when 7.72 lakh kg of teas were offered for sale at the auctions conducted by the Coonoor Tea Trade Association (CTTA). Kenya, another big producer, which is ...
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Tamil Nadu tea sales tax row blows over
"However, it is essential that after auctions are concluded, the sale be declared as a CST sale, with the party and destination identified."
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TECHNICAL ANALYSIS
Spot gold may head higher
GOLD prices reached 12-week highs on renewed interest in the precious metal amid a tumble in the dollar and increased global security fears. A weaker than expected report on manufacturing activity and a rumour that Federal reserve Chairman, Mr ...
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WATER
Kerala: Water level declines in major reservoirs
THIRUVANANTHAPURAM: Water level at the three major reservoirs in the State — Idukki , Kallada and Idamalayar — has declined when compared to that recorded during the last week. According to figures released by the Central ...
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METALS
Copper, lead, zinc prices hiked
TWO major private sector producers— Sterlite and Birla Copper— have increased their copper products prices by Rs 14-15 per kg on copper products for the current month in tandem with LME trend, trade sources said. The Bombay Metals ...
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POULTRY
Drop in chicken sales in Visakhapatnam
VISAKHAPATNAM: There has been a drop of 35 per cent in chicken sales and 25 per cent in egg sales since February in Visakhapatnam city due to fears over avian influenza, according to a study conducted by the students of the Dr N.S. Kolla ...
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SPICES & CONDIMENTS
Dry spell may affect cardamom production
DROUGHT conditions prevailing in the cardamom-growing areas have resulted in loss of an estimated 25 per cent of the crop in Kerala's Idukki district, which produces around 75 per cent of the cardamom in the country. Destruction of the plants ...
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AGRICULTURAL POLICY
Kerala cabinet doubles compensation for crop loss
THE State Cabinet has decided to double the compensation to farmers for crop loss. Announcing this to the media, the Chief Minister, Mr A.K. Antony, said 34 crops had been selected for coverage under the new policy. As per this, the paddy ...
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EVENTS
Organic bazaar on April 3
THIRUVANANTHAPURAM: The Thanal Conservation Action and Information Network, a city-based non-governmental organisation, will organise an organic bazaar in the city on April 3. The bazaar, which is held once a month, will feature a range ...
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