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AGRI-BIZ & COMMODITIES

COMMODITIES: Inflation rate rises on costlier food items
Wholesale Price Index for all commodities at 230.2. New Delhi, April 30 The annual Wholesale Price Index-based inflation rose 0.57 per cent for the week ended April 18, above the previous week’s annual rise of 0.26 per cent, government ...

RICE: Lower basmati prices posing risk to lending banks
Rs 2,000-cr outstanding against warehouse receipts exposure. New Delhi, April 30 Abnormal price movements have rendered financing of farm produce against warehouse receipts (WR) a risky proposition. The best example of this is basmati rice, in ...

COFFEE: Arabica output seen at 14-year low
Coffee Board cuts crop production to 2.62 lakh tonnes; robusta production at 8-year high. Chennai, April 30 Arabica coffee production this season to October will be the lowest in 14 years, but the eight-year high output of robusta is likely to ...

CLIMATE & WEATHER: Mercury may soar further
Thiruvananthapuram, April 30 The mercury crossed the 47 degree Celsius mark at Nagpur in the Vidarbha region, prompting some international weather models to scale up the expected highs by another notch as early as on ...

HORTICULTURE/FRUITS & VEGETABLES: New Delhi to host international horticulture exhibition
Mumbai, April 30 An international exhibition of horticulture products and related services has been scheduled to be held in New Delhi’s Pragati Maidan between June 5 ...

WATER: Rock bottom?
...

RUBBER: Sheet rubber flares up further
Kottayam, April 30 The spot rubber rates were mixed on Thursday. The market seemed totally under the control of speculators as the gains were concentrated only on RSS 4 which flared up sharply to Rs 104 from Rs 101.50 a kg as covering ...

SPICES & CONDIMENTS: Brazil to host global pepper conference
Kochi, April 30 The 37th session of the International Pepper Community (IPC) will be hosted by Brazil early December in Belem in the Para State, according to the Brazil Pepper Trade Board ...

Columnists: G Chandrashekhar Sharad Joshi




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Markets (April 30)
Nifty (at close on Apr 29)3,474(+111.65)
US Dollar (Buy/Sell)50.04/05
Brent crude (a bbl) Rs2,540
Gold (a gram) Rs1,350
Silver (a kg) Rs21,980


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