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Thursday, November 06, 2008
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AGRI-BIZ & COMMODITIES

AGRICULTURAL POLICY: Centre clears farming of vannamei shrimp
Notifies norms for import, cultivation of species. Responding positively to the long pending demand of the aquaculture and seafood export industry, the Union Ministry of Agriculture has granted permission to farm the exotic Litopenaeus Vannamei ...

DAIRY & DAIRY PRODUCTS: Move to hike organised sector’s share to 65% in National Dairy Plan
NDDB mulls raising milk production to 180 mt. National Dairy Development Board (NDDB) has proposed to increase the share of organised sector from the existing 30 per cent to 65 in the National Dairy Plan (NDP) to ensure the supply of quality ...

PLANTATIONS: Panel on plantations to convene States meet
Subsidy-sharing for crop insurance scheme. New Delhi, Nov 5 The Group of Ministers (GoM) on plantation industry, headed by the Union Agriculture and Food Minister, Mr Sharad Pawar, on Wednesday decided to convene a meeting of Chief Ministers of ...

FINANCIAL PERFORMANCE: Assam Co posts Rs 24.65-cr net
Assam Company Ltd, traditionally a major producer of tea and now having interests in oil and gas, announced strong results for the third quarter ended September 30, 2008. The company’s net income rose by 37 per cent to Rs 71.63 crore (Rs ...

FOODGRAINS: Downy mildew attack on TN maize crop seen rising
Coimbatore, Nov. 5 The downy mildew attack on the maize crop is said to be on the rise in Tamil Nadu, particularly in the maize-growing belts of Coimbatore, Udumalpet, Dharapuram, Odanchatram, Dindigul and ...

COTTON: Rising costs hit cotton offtake
Chennai, Nov. 5 Global cotton consumption in most of the major consuming nations in 2008-09 has been affected by rising production costs, high yarn prices, energy shortages and tightening credit in the world’s spinning ...

CLIMATE & WEATHER: Sulking easterlies extend cold snap in South
Thiruvananthapuram, Nov. 5 The near total absence of easterly to northeasterly winds continued to provide the perfect ruse for colder westerlies from northwest India to fan out into the peninsula along the southern flank of a ...

GOLD & SILVER: Record gold coins delivery by MCX
Mumbai, Nov 5 Financial crisis seems to have no impact when it comes to investor interest in gold. Multi Commodity Exchange of India Ltd (MCX) has witnessed a record delivery of 10,908 coins in its futures contract expired in October, ...

RUBBER: Spot rubber rules flat
Kottayam, Nov. 5 Rubber prices finished almost steady on Wednesday. Sheet rubber RSS 4 closed flat at Rs 88 a kg as on Tuesday ...

TEA: Lower volume on offer at Coonoor tea auctions
Coonoor, Nov. 5 An analysis of brokers’ catalogues indicates that 12.83 lakh kg are being offered for Sale No: 45 of the auction of Coonoor Tea Trade Association (CTTA) to be held on November 6 and 7. This is as much as 1.68 lakh kg ...

OILSEEDS & EDIBLE OIL: Palm oil: NCDEX adds delivery centre
NCDEX has announced a modification in the crude palm oil contract specification. It has added Kakinada as an additional delivery centre in all the running contracts of the commodity. Kakinada is one of the largest ports for crude palm oil imports ...





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Markets (Nov 05)
Nifty (at close)2976.75(-165.35)
US Dollar (Buy/Sell)46.97/98
Brent crude (a bbl) Rs3,187
Gold (a gram) Rs1,093
Silver (a kg) Rs16,855


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