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AGRI-BIZ & COMMODITIES

COMMODITIES: Inflation rate drops on cheaper food items
Wholesale Price Index for all commodities at 230.1. New Delhi, Feb. 5 The annual Wholesale Price Index-based inflation rose 5.07 per cent in the week ended January 24, lower than the previous week’s yearly rise of 5.64 per cent. Inflation ...

FERTILISERS: Fertiliser cos break phosphoric acid supply cartel
DAP import helps in striking deals for acid at $730-760/t. New Delhi, Feb. 5 Indian fertiliser companies claim to have broken a ‘cartel’ of phosphoric acid suppliers who till recently were not willing to offer this crucial raw ...

SPICES & CONDIMENTS: Pepper trade seeks reintroduction of special export scheme
The pepper trade here has urged the Union Commerce Ministry to reintroduce the Vishesh Krishi Upaj Gramodyog Yojana (VKUGY) for pepper given the decline in exports due to comparatively higher parity of Indian black pepper in the international ...

CLIMATE & WEATHER: Westerly wave train to stretch weather in N-W
Thiruvananthapuram, Feb. 5 Three back-to-back western disturbances and associated circulations are seen stretching unsettled weather in the north and northwest beyond the middle of this ...

FERTILISERS: Fertiliser subsidy may be within Rs 50,000-cr next fiscal
The Centre is confident of reining in the total fertiliser subsidy bill during 2009-10 “within Rs 50,000 crore” against the estimated Rs 1,00,000 crore-plus for the ...

OILSEEDS & EDIBLE OIL: Oilmeal exports drop in Jan on poor demand
Chennai, Feb. 5 Oilmeal exports from the country dropped in January on poor demand and emergence of South America as a serious competitor in the global ...

FARM CREDIT: ‘Agri credit flow seen slowing down’
Mumbai, Feb. 5 The credit flow to the agricultural sector has seen some slowing down due to the debt waiver scheme, Dr K.G. Karmakar, Managing Director, National Bank for Agriculture and Rural Development ...

RUBBER: Global cues fail to lift spot rubber
Kottayam, Feb. 5 Spot rubber prices witnessed a mixed trend on Thursday. A better closing in international markets failed to cheer the traders in the absence of quantity buyers from leading consuming ...

Columnists: G Chandrashekhar Sharad Joshi




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Markets (Feb 05)
Nifty (at close)2,780.05(-23.00)
US Dollar (Buy/Sell)48.84/85
Brent crude (a bbl) Rs2,134
Gold (a gram) Rs1,297
Silver (a kg) Rs21,195


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