AGRI-BIZ & COMMODITIES
COMMODITY EXCHANGES
NCDEX completes one year of operations
NCDEX (National Commodity & Derivatives Exchange) on Wednesday completed one year of operations. Total volumes have reached an average of Rs 1,500 crore a day from Rs 19 crore when it commenced operations. The peak volume was Rs 2,617 crore on ..
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Telequote offers commodity prices on mobile phones
TELEQUOTE, a worldwide financial information service provider, on Wednesday announced the launch of TQPda, a mobile version of real time quotes and technical analysis charting software in India. TQPda is a sophisticated application, which ...
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AQUACULTURE
Out of steam
About 5,000 fishing boats in Kerala (more than 2,000 by an official estimate) stayed off the seas on Tuesday as the indefinite strike by boat owners began on ...
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PLANTATIONS
Campco to be arecanut market stabiliser
THE Kerala Government, which has come out with a Rs 10-crore subsidy scheme to stabilise the arecanut market in the State, has appointed the Central Arecanut and Cocoa Marketing and Processing Cooperative (Campco) Ltd as the nodal agency for the ...
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RUBBER
Rubber firms up on purchases
SPOT rubber prices firmed up on Wednesday. Moderate buying from major sectors, covering groups and purchase agents added gains to all grades while growers slowed down their selling. Many growers who tapped the trees during the monsoon season ...
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SUGAR
Sugar prices likely to peak early next year
While a section of the millers feel that the prices could stagnate at Rs 1,500-1,550, some feel the prices could reach around Rs 1,700 a quintal and higher during February-March.
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GEMS & JEWELLERY
Bharat Diamond Bourse to be operational by next Dec
BHARAT Diamond Bourse (BDB), coming up at the Bandra Kurla Complex in Mumbai, is set to be fully operational by December 2005. The total cost of the entire complex is expected to be Rs 950 crore. "The complex is expected to be ready by ...
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DAIRY & DAIRY PRODUCTS
President lauds Gujarat dairy projects
THE President, Dr A.P.J. Abdul Kalam, has lauded the Amul milk cooperative and Vadi projects in Gujarat as successful models of his vision for the country's development through PURA (provisioning of urban facilities in rural areas). "I have ...
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FOODGRAINS
New Delhi to host global grains meet
A CONFERENCE on global foodgrains and pulses trade — Grain Asia 2005 — will be held in New Delhi duringJanuary 15-16. The international meet will discuss the global grains scenario, Indian trade policy and prospects, price outlook ...
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OILSEEDS & EDIBLE OIL
Sharp rise in rabi oilseeds coverage
THE country's import of edible oils is likely to fall for a second successive oil year (November-October), with a sharp increase reported in the area sown under various rabi oilseeds this year. According to the Agriculture Ministry, sowing of ...
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COFFEE
Coffee Board cuts output estimates
COFFEE crop for October 2004-September 2005 season, according to post monsoon estimates, is pegged at 2.908 lakh tonnes, six per cent higher than previous year's crop. However, the estimate is lower by 1,600 tonnes over the initial estimate of ...
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SPICES & CONDIMENTS
Global pepper production pegged lower by 11 pc
WORLD pepper production in 2004 is provisionally estimated to be around 2.94 lakh tonnes i.e., 11 per cent less than 3.35 lakh tonnes produced in 2003 on drastic fall in Indonesia and a marginal decrease in Brazil, India, Malaysia and Sri ...
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AGRICULTURAL POLICY
Kerala Govt to procure pepper, coffee
Pampa River Development Authority to be set up
THE Kerala Government has decided to go in for procurement of pepper and coffee from farmers who possess up to two hectares of these plantations. This is in addition to the procurement of arecanut that the Government had announced earlier. The ...
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