AGRI-BIZ & COMMODITIES
COMMODITY EXCHANGES
Record delivery in MCX bullion futures
MULTI-COMMODITY Exchange's (MCX) December bullion contracts reported all-time high physical deliveries of 152 kg of gold worth Rs 10 crore and 12.7 tonnes of silver valued at Rs 13.7 crore. When the MCX gold contract entered into settlement ...
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NCDEX ties up with IARI for grading agri-products
THE National Commodity & Derivatives Exchange Ltd (NCDEX) has tied up with the Indian Agricultural Research Institute (IARI) to evolve objective standards for the grading of agricultural produce to widen the range of contracts traded in its ...
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RICE
TNCSC opens 43 paddy procurement centres in Nagapattinam
MADURAI: The Tamil Nadu Civil Supplies Corporation has opened 43 direct purchase centres for purchase of samba paddy in Nagapattinam. According to the District Collector, Mr Veera Shanmuga Moni, paddy with moisture content of 20 per cent ...
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CLIMATE & WEATHER
Accurate weather forecast vital for agriculture: Expert
ACCURATE monsoon forecasting is critical to the economic development of the country, as it is mainly dependent on agriculture, and the academics should strive to give oceanographic studies such an orientation, Dr Harsh K. Gupta, the Secretary, ...
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FERTILISERS
Govt moots major changes in fertiliser subsidy policy
THE Government has suggested major changes in the fertiliser subsidy policy in its report on subsidies tabled in Parliament today, including setting up of plants in countries that are rich in natural gas and sharing the output between the host ...
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INFORMATION TECHNOLOGY
TN Govt unveils plan to link agri offices
THE Commissionerate of Agriculture, Government of Tamil Nadu, on Thursday unveiled its plan to link agricultural offices across the State over the next couple of years. To be executed in two phases by 2007, the project aims to get relevant ...
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SUGAR
Pawar rules out import of white sugar
THE Union Agriculture Minister, Mr Sharad Pawar, on Thursday said there was "no question" of the country having to import white sugar in the coming months to tackle any likely shortfall in domestic availability. Speaking to presspersons on the ...
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TEA
31-member tea advisory panel set up
THE Commerce Minister, Mr Kamal Nath, has constituted a 31-member Tea Advisory Committee (TAC) to monitor the implementation of the action plan arising from the recommendations of the stakeholders' conference held in September this year. The ...
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TECHNICAL ANALYSIS
Spot gold may move sideways
SPOT gold prices are struggling to surpass key technical levels even as the Euro moved to new highs on the back of continued dollar weakness in thin trade muted by the holiday-shortened week. With the dollar struggling to press higher the ...
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FOODS & FOOD PROCESSING
Food processing policy moots tax holiday for units
THE draft National Food Processing Policy proposes a 10-year tax holiday for food processing units, simplification of documentation and procedures under taxation laws and a host of other infrastructural initiatives to create an appropriate ...
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SPICES & CONDIMENTS
COMMODITY COMMENTARY
Pepper import curbs: Oleoresin makers should network with growers
PEPPER prices have been a matter serious concern for a couple of years now, with a hue and cry being raised over continuous fall in prices. Everyone, from growers to traders to politicians, has found an easy scapegoat in the free import policy. ...
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Vanilla meet suggests India brand to garner global market
INDIA can capture 20 per cent of the global vanilla market in the next 5 to 10 years if the country is able create an India Brand Speaking at the inaugural session of the Workshop - Vanilla-Sustainable Solutions — on Wednesday, Mr Arun ...
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