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Friday, April 06, 2007
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AGRI-BIZ & COMMODITIES

INSIGHT
Food Processing Sector: Opportunity by the ladlefuls
The Indian food-processing sector is in the transformation mode. Strong macro-economic fundamentals and the changing socio-economic scene are driving what was once a traditional, small-scale processed food production system into a modern industry ... More

COMMODITIES
Cheaper food items peg down inflation to 6.39%
Wholesale Price Index of all commodities at 209.8 More

RUBBER
Rubber prices rule flat
Physical rubber prices were quoted unchanged on Thursday. The volumes were extremely thin as the market was totally in a holiday mood owing to Good Friday and Easter. Sheet rubber RSS 4 finished flat at Rs 94.50 a kg both at Kottayam and Kochi as ... More

TEA
TN seeks Rs 10/kg for green leaf tea to cut VAT
Minister assures to bring it down to 1%; split in industry More

Lorry strike hits Nilgiri tea units
Buyers facing year-end tight cash flow More

Tea replanting package pact on June 29
More

`Concept of Kanan Devan company a sustainable model'
The replication of the concept of participative management, introduced in the Kanan Devan Hills Plantation Company (KDHP) in Kerala could be a viable solution to extricate corporate tea plantations that are in the red. There are around 32 ... More

Rossell Tea promoters plan to make open offer for 20%
Rossell Tea (latest incarnation of former entities Rossell Industries and Jokai Tea), which is listed on the Calcutta Stock Exchange and Guwahati Stock Exchange, appears one step ahead in exiting the secondary capital market as a few members of ... More

METALS
Metal stocks post smart gains on firm global prices
Zinc, copper, nickel, lead set new records on LME More

AGRICULTURAL INSTITUTIONS
Union wants Nabard to regulate micro finance
The All-India Nabard Employees Association (AINEA) has made out a strong case for declaring the country's apex agricultural and rural development bank as the regulator in the micro finance sector. The Finance Minister, Mr P. Chidambaram, ... More

COIR
Coir Board aid for pith conversion into manure
25% of C-pom unit costs to be reimbursed More

TOBACCO
FDI in tobacco: `No change in policy'
The Centre is not contemplating any change in the policy on Foreign Direct Investment (FDI) in tobacco, according to the Union Minister of Commerce, Mr Kamal Nath. He reassured farmers that their interests would be protected and would be of ... More

SPICES & CONDIMENTS
Cardamom prices continue upward trend
Cardamom prices continued their upward swing on good buying support at auctions held in Kerala and Tamil Nadu during the week. Compared to last Wednesday, the prices showed an increase of Rs 50 a kg. The individual average prices were above Rs ... More

Pepper futures continue to rise
Reported tight supply position in Vietnam and further increase in prices pushed up Indian pepper futures market significantly on Thursday. Meanwhile, bull cartels in India were also pushing up the prices supported by investors, market ... More

Jeera gains on speculation
Riding on strong international prices, pepper for April delivery on NCDEX gained 2.96 per cent to Rs 14,790 per quintal. Spot prices were quoting around Rs 14,500 per quintal while in Vietnam prices were $2,900 per quintal. Chilli ... More

WTO
African cotton growers seek ban on subsidised exports
India stands to gain by supporting them More






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