AGRI-BIZ & COMMODITIES
COMMODITY EXCHANGES
Pepper online futures to begin from April 26
THE India Pepper and Spice Trade Association (IPSTA) would commence online futures trading in pepper from April 26. The Internet-based trading, which has been in the pipeline for long, is expected to be inaugurated by the Chairman, Forward ...
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ANIMALS & LIVESTOCK
Novartis to market Charak's products
THEY may sound like strange bed-fellows, but ayurvedic company Charak Pharma has inked an alliance with multinational pharma major Novartis India for the promotion of three animal healthcare products from the Charak stable. Mr Pulin Shroff, ...
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FERTILISERS
Rise in phosphoric acid prices may lead to higher subsidy outgo
A MASSIVE 25 per cent increase in the price of phosphoric acid in the international market as compared to last year may lead to a higher subsidy outgo to the extent of Rs 750 crore this fiscal, according to officials in the Ministry of Chemicals ...
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HORTICULTURE/FRUITS & VEGETABLES
Australia mulling import of Indian mangoes Quarantine laws seen as main hurdle
AUSTRALIA is considering allowing import of Indian mangoes and the Government is vigorously pursuing the issue. "Australia has been examining the proposal to allow import of our mangoes. But there has been no visible progress," official ...
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RUBBER
Rubber steady on low arrivals
THE physical rubber market ruled steady on Friday. The covering groups and purchase agents kept their purchases in a low profile. The prices appeared stabilising at current levels amidst low arrivals. "The scattered summer showers are not ...
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TEA
Tea production continues to fall due to low prices
TEA production in Kerala has dropped continuously in recent years, especially since the prices started falling in the domestic and international markets. The production was 56.02 million kg (mkg) in 2003-04 against 58.79 mkg in the previous ...
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Coonoor tea turnover declines
THE turnover at the tea auctions conducted by the Coonoor Tea Trade Association (CTTA) in the first quarter of calendar 2004 has fallen 6.42 per cent over the corresponding period of last year. The volume sold increased to 8.5 million kgs (mkg) ...
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FOODS & FOOD PROCESSING
Bengal plans Rs 5.5-cr food processing centre
THE West Bengal Minister for Food Processing & Horticulture, Mr Sailen Sarkar, has said that the Department of Food Processing Industries and Horticulture will set up a modern food processing-cum-training centre at Bamanghata in South 24 ...
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METALS
Hindustan Zinc cuts prices
MUMBAI: In a mid-month price review, Hindustan Zinc Limited (HZL) has revised its selling prices downward by Rs 5.30 per kg on zinc products and Rs 6.10 per kg in lead metal for the second half of the current month, in line with weak LME ...
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