AGRI-BIZ & COMMODITIES
COMMODITY EXCHANGES
FMC initiates performance audit of exchanges' members
To focus on compliance issues
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RICE
Clean chit to 3 insurance cos in basmati MRTPC case
The Monopolies and Restrictive Trade Practices Commission (MRTPC) has given a clean chit to three insurance companies, New India Assurance Co, United India Insurance Co and National Insurance Co. A Punjab-based rice exporter had filed a ...
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`Super Basmati' eligible for exports
Originally a variety from Pakistan
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WHEAT
Wheat arrivals rise as prices begin to decline
Ending procurement encourages farmers to come out with stocks
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SEEDS
Higher seed subsidy lures 9 lakh farmers in Karnataka
The Karnataka Government's decision to increase subsidy on seeds for small and marginal farmers has so far attracted nine lakh members who have registered with the Raitha Samparka Kendras (farmers' contact centres) for availing the facility ...
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HORTICULTURE/FRUITS & VEGETABLES
Mmmm... mangoes
Every summer when the sub-continent goes into a delightful mango frenzy, you'll find the flavour in just about everything, from cocktails to candies.
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Going extinct
TASTY ONE: Buds of plantain (banana flower) kept for sale at a shop in Kochi. Wild Indian bananas of the Cavendish variety and pulpy dessert banana are facing extinction, according to the Food and Agricultural Organisation. The National ...
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RUBBER
July rubber contracts exceed Rs 110/kg
RSS 4 was quoted at Rs 106 a kg against Rs 102.50 and Rs 103, respectively, at Kottayam and Kochi on Thursday. The spot market is suffering from acute short supply even at record levels. Covering groups are exploring the situation, lifting the ...
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GOLD & SILVER
Market has room for upside in yellow metal
Prices could fall sharply during correction phase
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COTTON
Bt cotton pricing puts farmers in a spot
Seed buying yet to start; AP in talks with Monsanto
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Cotton body may raise output estimate
The Cotton Advisory Board (CAB) is likely to raise the crop estimate to 245 lakh bales (of 170 kg each) for the current season 2005-06 (October-September) from the initial estimate of 242.50 lakh bales made on December 7 last at its meeting on ...
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OILSEEDS & EDIBLE OIL
Groundnut oil up on buying
Groundnut oil, sunflower oil and crude soya oil moved up slightly on the local edible oil market on Thursday on some fresh buying enquiries. Castor oil remained steady on poor buying interest. Groundnut oil raw was up Re 1 at Rs 465 per 10 kg. ...
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COFFEE
World coffee output, exports decline
World coffee production in 2005-06 was down 5.5 lakh tonnes to 67.95 lakh tonne from the previous year and as a result, exports from the producing countries dropped by 6.23 lakh tonnes to 49.44 lakh tonnes. The huge surplus has been reduced ...
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POULTRY
Poultry sector worried over delay in relief measures
RISING SUICIDES
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SPICES & CONDIMENTS
Pepper futures rule steady
Investors, who are holding back the stock for want of space in the NCDEX warehouse, are not buying. The onset of rains has also weakened supply, while buyers are waiting. The trade expressed doubts as to whether the deliveries reported by some ...
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PEOPLE
Scientist who revolutionised India's greening
Birth centenary of B. P. Pal
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