AGRI-BIZ & COMMODITIES
COMMODITY EXCHANGES
NCDEX hikes margin on guar seed deals
THE National Commodity and Derivatives Exchange (NCDEX) has decided to impose an additional margin of 10 per cent on open position in all guar seed contracts effective from Friday. With this, the total margin on guar seed contacts will be 22 ...
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FARM CREDIT
Kerala favours liberal bank credit to farmers in AEZs
THE State Government would like commercial banks to provide credit support at concessional rates to farmers in Agri Export Zones (AEZs), according to Mr K.R. Jyothilal, Director, Department of Agriculture. Addressing a workshop on `AEZs in the ...
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ANIMALS & LIVESTOCK
Kerala Govt programme to render cattle disease-free soon
THE Department of Animal Husbandry of the Sate Government is launching a project called "Goreksha mission" to eradicate maladies such as foot and mouth disease (FMD) that afflict the livestock animals in the State. The project, being formally ...
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AQUACULTURE
Seafood units pin hopes on IBA for revival
BELEAGUERED seafood units are pinning their hopes on a forthcoming board meeting of the Indian Bank's Association (IBA), where a proposal submitted by the units with regard to their revival will be discussed. The board meeting of IBA is slated ...
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POWER
Haryana: Power tariff relief for farm tubewells
THE Haryana Power Distribution Corporation have issued the order of downward revision of tariff for agricultural tubewells from August 15. All consumers having metered tubewells are now required to pay at the rate of 25 paise per unit and ...
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RUBBER
Rubber depressed as buyers keep off
EXPECTATIONS of an improvement in arrivals kept buyers on the sidelines as domestic spot rubber prices remained depressedon Thursday. A favourable change in weather dominated the sentiments throughout the session, said traders. The market ...
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TEA
Tea import bill shoots up by Rs 39 cr
THE tea import bill in the first seven months of the current calendar has increased by Rs 39.05 crore (c.i.f value) over the same period a year ago. This happened despite a fall in the unit price because of the rise in volume of the imported ...
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Libya lifts ban on Indian tea imports
AFTER a five-year ban, Libya has opened its doors to Indian tea exporters this year. A 16-million kg market, Libya stopped importing from India allegedly in protest against the export of three million kg of `substandard teas' by a ...
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TECHNICAL ANALYSIS
Gold may correct lower
GOLD prices headed higher tagging crude oil, which does not show any signs of a respite, marred by supply worries. Gold has also been supported by instability in Iraq, fears of al Qaeda and uncertainty before the November US presidential ...
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COFFEE
Bangalore coffee science meet to discuss advances
THE Coffee Board is organising the 20th International Conference on Coffee Science (ASIC-2004) in Bangalore during October 11-15. Over 200 delegates from 50 different countries, mainly comprising scientists, academicians, policy makers and ...
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SPICES & CONDIMENTS
Buying support keeps cardamom stable
CARDAMOM prices were stable at last week's levels during the auctions in Kerala and Tamil Nadu this week as there was good buying support matching supply. There was good demand from the upcountry market in view of the ensuing Dussehra and ...
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`Restore spices import permits'
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