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AGRI-BIZ & COMMODITIES

FOODGRAINS: Monsanto eyeing prospects from GM corn in India
Already has 39% share in hybrid corn seeds market. After Bt cotton, Monsanto is expanding its focus on corn (maize) in India. ...

TOBACCO: Scientists try to perfect new ways of tobacco cultivation
Decreasing area while still maintaining higher yield. Mysore, Sept. 5 Even as the traditional tobacco farmers of Mysore and Andhra Pradesh are today caught between mounting costs of cultivation and search for alternative fuels’ (for ...

INTERVIEW: ‘Tea industry challenged by supply crisis, climatic hurdles’
Duncans Tea pins hopes on new initiatives. India is one of the largest tea producers in the world, with last year’s production exceeding 900 million kgs. However, this year, the tea industry is going through a supply crisis, especially ...

OILSEEDS & EDIBLE OIL: Soya not viable option for Monsanto in India
Self-pollination to render it commercially unviable. St. Louis (Missouri), Sept 5 While Monsanto’s name is synonymous with Bt cotton in India, the crop figures far less prominently in its worldwide operations. ...

CLIMATE & WEATHER: Westerly system unsettles weather in Northwest
Thiruvananthapuram, Sept. 5 Northwest India is set to receive welcome rains over the next three days as a causative trough embedded in an incoming westerly system made its presence felt across the border on Friday. ...

NATURAL CALAMITIES: Bihar floods take a toll on paddy
New Delhi, Sept 5 The unprecedented floods in Bihar have destroyed the standing paddy crop in about two lakh hectares (lh), according to preliminary official ...

RUBBER: Spot rubber rules unchanged
Kottayam, Sept. 5 Spot rubber prices continued to rule unchanged on Friday. The transactions were in a low key as there was no improvement in arrivals as yet. Major manufacturers were buyers on the grade up to the quoted levels and sheet ...

SPICES & CONDIMENTS: Bears pull down pepper futures
Kochi, Sept 5 Bear operators pushed down the pepper futures market on Friday. September contract on NCDEX fell by Rs 356 a quintal to Rs 13,585, which is Rs 415 below the spot price for MG 1 of Rs 14,000 a quintal. Even October contract fell ...

OILSEEDS & EDIBLE OIL: Singapore to host vegoil seminar
Mumbai, Sept. 5 Extraordinary changes in the global vegetable oil market over the last several months and in particular last few weeks, have unnerved even industry leaders. Market participants relying on bullish prognosis have lost heavily as ...

TOBACCO: Karnataka tobacco sales from Sept 10
Guntur, Sept 5 Tobacco auctions in Karnataka are scheduled to begin from September 10 and the farmers in that State are harbouring hopes of securing high prices, going by the experience in AP auctions earlier this ...





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Markets (Sep 05)
Nifty (at close)4352.30(-95.45)
US Dollar (Buy/Sell)44.64/65
Brent crude (a bbl) Rs4,685
Gold (a gram) Rs1,076
Silver (a kg) Rs19,675


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