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AGRI-BIZ & COMMODITIES

AGRICULTURAL INSTITUTIONS: Banks, Nabard to get first instalment of farm debt waiver
New Delhi, Oct. 15 The Finance Minister, Mr P. Chidambaram, on Wednesday announced that the Reserve Bank of India would provide temporary liquidity support of Rs 25,000 crore to commercial banks and Nabard against the farm debt ...

EXPORTS & IMPORTS: Vegoils turn cheaper on global markets meltdown
Soaring imports too keep domestic market under leash. Chennai, Oct. 15 This Diwali, you may have to shell out a lower price for buying edible oil, thanks to the effect of the meltdown of global markets, ...

MINERALS: Iron ore exports likely to drop next year
Australian research body: Metallurgical coal imports to rise. Chennai, Oct. 15 India is likely to see an increase in the number of steel-based sectors (such as automobiles, household appliances) in the coming years. This is because, like most ...

COMMODITIES: Commodity stocks remain under pressure
Kolkata, Oct. 15 Commodity stocks over-performed the benchmark index during the fall and under-performed it during the recovery this ...

COMMODITY EXCHANGES: National Spot Exchange goes live
National Spot Exchange Ltd, promoted by Financial Technologies and National Agricultural Co-operative Marketing Federation, went live on Wednesday. NSEL offers online platform for trading in agriculture and non-agriculture commodities. ...

TEA: Rising exports, output cheer tea sector
Chennai, Oct 15 There is some cheer in the cuppa as the Indian tea industry is on a comeback mode with production and exports increasing despite competition from several countries such as Vietnam ...

EVENTS: Meet explores green certification for ornamental fish
Kochi, Oct. 15 The Marine Products Export Development Authority (MPEDA) has organised a five-day workshop in Kochi. The workshop was organised in association with project PIABA undertaken by the Center of Ornamental Fish Studies ...

CLIMATE & WEATHER: IMD declares onset of north-east monsoon
Thiruvananthapuram, Oct 15 India Meteorological Department (IMD) has announced the onset of northeast monsoon over the peninsula after predecessor southwest monsoon exited the landmass and the surrounding oceans overnight on ...

RUBBER: Spot rubber closes flat
Kottayam, Oct. 15 Spot rubber finished almost steady on Wednesday. Though the international indices were extremely bearish, strengthening north-east monsoon and the absence of sellers at lower levels helped the market to sustain at the ...

AGRICULTURAL POLICY: Kerala Cabinet okays organic farming policy
The Kerala Cabinet has approved the organic farming policy prepared by the State ...

SPICES & CONDIMENTS: Pepper futures down on liquidity crunch
Kochi, Oct 15 Pepper futures market continued its downward trend on selling pressure and under the influence of the fall in the ...

TEA: Coonoor tea auction volumes continue to be high
Coonoor, Oct. 15 Volume offered for sale at the Coonoor Tea Trade Association (CTTA) auctions continues to be high with the catalogues of brokers adding to 13.07 lakh kg for Sale No: 42 to be held on Thursday and Friday. This is the ...





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Markets (Oct 15)
Nifty (at close)3338.40(-180.25)
US Dollar (Buy/Sell)48.50/51
Brent crude (a bbl) Rs3,504
Gold (a gram) Rs1,225
Silver (a kg) Rs18,665


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In Focus
Pravasi Bharatiya Divas, Singapore

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Other Top Stories
‘CRR cuts unlikely to help improve liquidity’

Finance Ministry wants early 3G spectrum auction

Cos see domestic clients delaying payments

Commodity stocks remain under pressure

Rising exports, output cheer tea sector

Banks must lend, but can they be forced to?

Ninja and Dinky

Jet Airways to terminate 1,100 more staff

Cairn to invest Rs 11,000 cr more in Rajasthan project

Looking back
Oct. 5-Oct. 11
Freight fall may not benefit commodity imports

Rubber traders face crisis as prices crash

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