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AGRI-BIZ & COMMODITIES

CULTIVATION: Record wheat crop on cards
Area under rapeseed-mustard, chana increases. New Delhi, Dec. 12 With Parliament elections due in the next 3-4 months, the ruling Congress-led United Progressive Alliance (UPA) can take heart from increased planting of most rabi crops this year, ...

INSIGHT: Seeding inclusive farm growth
The oft repeated cliché in India’s development strategy is ‘inclusive growth’. With more than 60 per cent of the population dependent on agriculture for their livelihoods, it is imperative that we look at different ways ...

COMMODITY EXCHANGES: Ban on wheat, rice futures may go by January: FMC chief
Futures trade in tur, urad also likely to resume. Kolkata, Dec. 12 The Forward Markets Commission (FMC) plans to resume futures trading in wheat, rice, tur and urad latest by January 2009. Trading was suspended in all four commodities by the ...

AGRICULTURAL INSTITUTIONS: Nabard projects: Kerala’s credit potential in 2009-10 at Rs 44,484 cr
The National Bank for Agriculture and Rural Development (Nabard) has projected the credit potential for Kerala in 2009-10 at Rs ...

CLIMATE & WEATHER: Lull in south as westerlies spark weather in north
Thiruvananthapuram, Dec. 12 The influence on peninsular weather from the persisting low-pressure area (only a trough of low pressure, as contested by some models) over southeast Arabian Sea is steadily ...

TEA: Coonoor tea sales turnover rises during Jan-Nov
Coonoor, Dec. 12 Producers who sold their teas through the 48 auctions of Coonoor Tea Trade Association (CTTA) till November-end have earned Rs 149 crore more than those in the same period of last ...

RUBBER: Spot rubber rules flat on dull tyre sector demand
Kottayam, Dec. 12 The rubber prices turned weak on Friday. The market opened better quoting RSS 4 at Rs 62 a kg, but it lost the morning gains later as covering groups stayed back in the absence of follow-up support from the tyre ...

COMMODITY EXCHANGES: Joint venture for power exchange incorporated
New Delhi, Dec. 12 NTPC Ltd, NHPC Ltd, Power Finance Corporation and Tata Consultancy Services have incorporated their joint venture company to operate a nationwide power ...

RUBBER: Rubber growers urged not to hold stocks
Kottayam, Dec. 12 At a time when the international price is declining, it is not advisable for the rubber growers to hold the stock, said Mr Sajen Peter, Chairman, Rubber Board, at a meeting of the rubber dealers and rubber processors held ...

JUTE: Jute body wants export market aid reintroduced
The Indian Jute Mills Association (IJMA) has urged that the export market assistance be reintroduced to boost the export of jute goods. The scheme was terminated by the Union Ministry of Textiles from April ...





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Markets (Dec 12)
Nifty (at close)2921.35(+1.20)
US Dollar (Buy/Sell)48.45/46
Brent crude (a bbl) Rs2,247
Gold (a gram) Rs1,189
Silver (a kg) Rs17,705


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