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AGRI-BIZ & COMMODITIES

EXPORTS & IMPORTS: Food Ministry nod for move to export 6.5 lt wheat products
Terms to be spelt out soon but flour mills see little scope. The Food Ministry has cleared a proposal to allow export of 6.5 lakh tonnes (lt) of wheat products, even as Central procurement of wheat has topped 245 ...

CLIMATE & WEATHER: Early rain gains for Orissa, Andhra Pradesh likely
The brewing `low' in the northwest Bay of Bengal would bring rains first into Orissa, Jharkhand, Chhattisgarh and Andhra Pradesh, according to India Meteorological Department ...

SPICES & CONDIMENTS: Cloves prices rule firm
Erratic weather hits Indian output. Cloves prices are said to be holding quite firm in the world market on limited availability and it is reflected on the Indian markets, where it is slowly moving up and expected to improve by ...

RUBBER: Spot rubber improves on covering purchase
Kottayam, June 17 Physical rubber prices turned better on Wednesday. According to observers the rates improved on covering purchases at lower levels as there were no quantity sellers in the main marketing centres. Sheet rubber improved to Rs ...

TEA: Higher volume on offer at Coonoor tea auctions
An analysis on the teas being offered by the different brokers shows that 16.97 lakh kg has been catalogued for Sale No: 25 at the Coonoor Tea Trade Association’s auctions to be held on Thursday and ...

SPICES & CONDIMENTS: Pepper futures fall on bull liquidation
Kochi, June 17 The pepper futures market fell on Wednesday on bull liquidation and want of buying support. Those who were holding long positions were seen liquidating as is evident from the open ...

JUTE: Jute industry seeks excise duty exemption on batching oil
The jute industry should be exempt from paying excise duty on Jute Batching Oil (JBO) and fringe benefit tax, according to pre-Budget recommendations of the Indian Jute Mills’ Association ...

Columnists: G Chandrashekhar Sharad Joshi




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Markets (June 17)
Nifty (at close)4,356.15(-161.65)
US Dollar (Buy/Sell)48.13/14
Brent crude (a bbl) Rs3,310
Gold (a gram) Rs1,347
Silver (a kg) Rs23,420


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In Focus
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Who is hiring?

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SEBI chief asks mutual funds to place bets on retail investors

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Looking back
Jun. 7-Jun. 13
Will agri-biz be a catalyst for economic take-off?

Sharp rise in crude prices; gold seen range-bound

How strong is dollar-commodities link?

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