The Hindu Business Line : Friday, July 25, 2008

AGRI-BIZ & COMMODITIES

COMMODITIES: Inflation rate eases marginally to 11.89%
Wholesale Price Index of all commodities up at 239. New Delhi, July 24 The annual wholesale price index-based inflation rose 11.89 per cent during the week ended July 12, marginally lower than the previous week’s annual rise of 11.91 per ...

SUGAR: Centre begins nationwide release of 30-lakh t sugar buffer
To tackle inflation; also to bail out industry from cost overruns. As part of efforts aimed at tackling the spiralling inflation rate and also to bail out the sugar lobby from high cost overruns, the Union Government has begun a nationwide ...

JUTE: Raw jute prices gain on low crop fears
Driven by increasing demand for jute goods. Kolkata, July 24 Raw jute prices are on the upswing, thanks to expectations that the size of the raw jute crop for the jute year 2008-09 (July-June) will be substantially lower than in earlier ...

CLIMATE & WEATHER: All-India rainfall figures fall into deficit
Thiruvananthapuram, July 24 For the first time this season thus far, all-India rainfall has fallen into deficit as per updated India Meteorological Department (IMD) statistics until July 23. ...

SPICES & CONDIMENTS: EU alert on contamination in star anise, cinnamon
In a rapid alert notification, the European Union has informed of potential contamination of whole star anise and cinnamon from Vietnam with a non-approved colour known as chrysoidine. ...

CLIMATE & WEATHER: As rains play truant, Gujarat may face scarcity; farm output likely to decline
Gandhinagar, July 24 This may, perhaps, be the worst thing to have happened in Gujarat economy since Mr Narendra Modi took over as Chief Minister in October 2001 as scarcity, even a drought, looms large in many parts of the State due to lack ...

OUTLOOK: Oilseeds output may be lower by 20 lakh tonnes, says expert
Mumbai, July 24 India’s oilseeds crop may be lower by over 20 lakh tonnes during kharif 2008. This could lead to a reduction in the availability of oil; and if lower carry-in of rapeseed/mustard is also factored-in, the country’s ...

RUBBER: Spot rubber stays steady
Kottayam, July 24 The physical rubber prices finished unchanged on Thursday. The market activities were in a dull since traders were not willing to expand their commitments. Spot prices were (Rs/kg): RSS-4: 136 (136); RSS-5: 134 (134); ...

INFRASTRUCTURE: AP Markfed plans export zone near new airport
Hyderabad, July 24 With the Rajiv Gandhi International Airport (RGIA) commencing commercial operations connecting several global destinations, the Andhra Pradesh Markfed is setting up a 20-acre export zone exclusively for agricultural and ...

SPICES & CONDIMENTS: Pepper futures edge higher
Kochi, July 24 The pepper futures market on Thursday was volatile and all the contracts closed marginally up. Reports that Vietnam prices are easier created bearish sentiments and arrested the upward move. There was very little activity both ...

INFRASTRUCTURE: CM to lay stone for new Markfed building
The Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara Reddy, would lay the foundation stone for a Rs 12-crore building for Markfed at Jambagh to mark the valedictory of its Golden Jubilee ...