AGRI-BIZ & COMMODITIES
WHEAT
ITC clarifies on wheat procurement
Clarifying the company's position with regard to procurement of wheat, the ITC Chairman, Mr Y.C. Deveshwar, has said that ITC buys directly from the farmer as an actual user, strictly in accordance with the company's business ...
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CLIMATE & WEATHER
AP Govt announce fresh guidelines on contingency plan for ryots
The State Government has announced fresh guidelines for effective implementation of Contingency Plan to provide relief to farmers affected due to inadequate rains during the kharif season. After a review of the seasonal conditions, the Chief ...
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Monsoon in deficit but may rev up in medium term
Things look up on the monsoon front even as recorded rainfall estimates have totted up a deficit of 14 per cent up till the 19th of the crucial month of July. But an existing `low' over northwest Madhya Pradesh and adjoining east Rajasthan ...
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CULTIVATION
Soya sowing over in 85 pc of targeted area
Sowing of soyabean has been completed in 85 per cent of the target area of 82.052 lakh hectares (lh), with Madhya Pradesh accounting for the bulk of the coverage. According to the Soyabean Processors Association of India (SOPA), of the targeted ...
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AQUACULTURE
Karnataka urged to release Rs 10 cr
Disbursing low-interest loans to fishermen
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TECHNICAL ANALYSIS
Gold could test support, rise
Gold futures ended lower on Friday on speculative selling in thin volumes and choppy trading conditions. Gold rose to a seven-week high on Monday as fighting between Israel and Hizbollah guerrillas in Lebanon raged, which prompted buying of ...
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GOLD & SILVER
Gold likely to trade sideways
Profit taking has become the norm
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UTI hopes to launch Gold ETF in 2 months
UTI Mutual Fund's gold exchange traded fund (ETF) is likely to hit the market in the next two months, according to Mr A.K. Sridhar, Chief Investment Officer, UTI Mutual Fund. Speaking to presspersons on the sidelines of `The Mutual Fund ...
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METALS
Investors may support palladium prices
Metal appears to be 'overvalued' relative to others
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`India can become global metals hub'
India has the capacity and the capability to become the global metals hub, given an enabling environment, said Dr V. Krishnamurthy, Chairman, National Manufacturing Competitiveness Council (NMCC). While speaking at a meeting organised by the ...
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Hindustan Zinc gets eco award
The Federation of Indian Mineral Industries conferred Hindustan Zinc Ltd (HZL), integrated producer of zinc and lead, with the Gem and Granite Award for 2005-06 on Saturday. "Hindustan Zinc Ltd is committed to conserving and ...
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FOODGRAINS
More grains getting diverted for bio-fuel
IGC estimates industrial use at 186 million tonnes in 2006-07
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SPICES & CONDIMENTS
Pepper could witness firm trend
Pepper futures could witness a firm trend this week with the supply position continuing to be very tight. In fact, "genuine shortage is now getting exposed", according to market sources. Overseas buyers are asking for offers but the exporters ...
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CREDIT CARDS & DEBIT CARDS
Vijaya Kisan Card for farmers
Vijaya Bank has launched the ATM-enabled Vijaya Kisan Card to enable farmers draw cash from any of its ATMs and from other banks' VISA ATMs. The bank is planning to activate 110 ATMs more this fiscal, taking the total ATM ...
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MARKETING
TN plans hi-tech markets for agriculture
The Tamil Nadu Government plans to create terminal markets for agriculture produce with necessary infrastructure in three places, to eliminate post-harvest loss and ensure remunerative prices to farmers. These markets will have facilities such ...
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