The Hindu Business Line : Thursday, April 24, 2008

WHEAT
No need to import wheat: Pawar
New Delhi, April 23 The Union Food and Agriculture Minister, Mr Sharad Pawar, on Wednesday ruled out the need to import wheat this year. Of the 15 million tonnes (mt) wheat targeted to be procured for buffer stocks, 60 per cent has already ... More

CLIMATE & WEATHER
Bay bracing for strong cyclone; Indian coast likely to be spared
Bangkok, April 23 The central Bay of Bengal is preparing to host a strong cyclone event soon, with the preparatory low expected to form in the next few days. Mainland India would not be affected as the storm is forecast to take a direction ... More

INSIGHT
Fragmented farming
At a time when agrarian crisis is translating into a disconcertingly rapid increase in food prices , suggestions are naturally pouring in thick and fast so as to get at the root of the problem — abysmally low productivity More

RUBBER
Spot rubber firms up further
Kottayam, April 23 Spot rubber rates firmed up further on Wednesday. RSS 4 closed at Rs 112.50 against Rs 112 a kg at Kottayam and Kochi as covering groups turned active followed by another better closing in global futures. The domestic supply ... More

TEA
Rossell Tea diversifying to other areas
Kolkata, April 23 Rossell Tea Limited is looking into more opportunities in non-tea business, particularly aero-tech services. “A beginning has already been,” said Mr C.S. Bedi, Managing Director of the company, adding, “we ... More

23-week high offerings at Coonoor tea auctions
Coonoor, April 23 Volume continues to be high at the auctions of the Coonoor Tea Trade Association (CTTA). For Sale No: 17 to take place on Thursday and Friday, a volume of 11.08 lakh kg has been catalogued. This is 23-week high, except last ... More

Fair demand at Coimbatore tea auctions
Coimbatore, April 23 The total offerings of tea at the weekly auction held here last Friday amounted to 5.58 lakh kg, with leaf grades accounting for 1.94 lakh kg and dust 3.64 lakh kg. Limited quantity of orthodox leaf grades on offer met ... More

INDUSTRY ASSOCIATIONS
TN chamber hails agro policy
More

OILSEEDS & EDIBLE OIL
Vanaspati imports from Lanka capped
Curbs on ports of entry too More

COMMODITY MARKETS
Barley futures hit upper circuit
Mumbai, April 23 Investors in the commodity futures market seem to keeping their fingers crossed even as the Abhijit Sen Committee draft report has ruled out futures trading impacting spot prices. Waning investor interest in trading was well ... More

OUTLOOK
Atta prices may rise as mills find it hard to get wheat
Railways decides against allocating wagons for private trade More

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