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Wednesday, July 08, 2009
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AGRI-BIZ & COMMODITIES

AGRICULTURE: Farmed out
The first Budget of the new UPA Government presented by the Finance Minister, Mr Pranab Mukherjee, is likely to be remembered not so much for what he did as for what he omitted to do for the farm sector. One of the challenges before the ...

OILSEEDS & EDIBLE OIL: Oilmeal exports decline 33% in June on slowdown
China buys more Indian soyameal; unit value rises. Oilmeal exports dropped 33 per cent in June, mainly on a sharp fall in soyameal shipments, compared with the same period a year ago but they were up 10 per ...

COMMODITY EXCHANGES: FMC moots futures in organic products
Kochi, July 7 The Forward Markets Commission (FMC), the regulatory authority of the commodity futures market, has come up with an idea of introducing futures trade in organic agricultural products. This could be launched only if there is ...

CLIMATE & WEATHER: ‘Low’ stuck over Jharkhand, pours it down over east
Thiruvananthapuram, July 7 The land-based ‘low’ over Jharkhand hardly moved from Monday’s bearing but that did not prevent it from unleashing widespread rains over east and east-central India during the 24 hours ending ...

COMMODITIES: Commodity prices may go up
Bangalore, July 7 Prices of commodities moved by railways and waterways are expected to cost more, with the two being brought under the service tax net. But the increase in the rail freight rate would still be cheaper than the road ...

RUBBER: Spot rubber prices rule steady
Kottayam, July 7 Spot rubber continued to rule almost neutral on Tuesday. The market activities were in extremely low key lacking fresh incentives specific to rubber to set the ...

SPICES & CONDIMENTS: Pepper futures continue to fall
Kochi, July 7 Pepper futures on Tuesday witnessed high volatility and eventually closed easier on ...

COTTON: CCI, Nafed buy 45% of total cotton arrivals
New Delhi, July 7 State agencies have procured almost 45 per cent of the total arrivals of cotton during the ...

Columnists: G Chandrashekhar Sharad Joshi




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Markets (July 07)
Nifty (at close)4,202.15 (+36.45)
US Dollar (Buy/Sell)48.44/45
Brent crude (a bbl) Rs3,063
Gold (a gram) Rs1,353
Silver (a kg) Rs22,765


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Jun. 28-Jul. 4
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