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AGRI-BIZ & COMMODITIES

FOREIGN DIRECT INVESTMENT: Key Ministries to review FDI policy in tobacco sector
New Delhi, July 9 Senior officials of Ministries of Health, Commerce and Industry, and Finance will meet on Friday to discuss and review the foreign direct investment (FDI) policy in the tobacco sector. They are expected to deliberate on ...

COMMODITIES: Inflation rate stays negative; food still costly
Wholesale Price of all commodities up at 234.7. New Delhi, July 9 Inflation continued in the negative for the fourth week in succession, even as consumers continue to bear the brunt of high inflation in food ...

WATER: Water storage level in reservoirs improves
Advancing monsoon helps; situation still below last year. Chennai, July 9 The water storage level in the 81 major reservoirs in the country improved this week, thanks to the advancing monsoon, but it still was over 50 per cent below last ...

COMMODITY EXCHANGES: Speculators beginning to exit agri futures market
With weather concerns waning in major producing countries, crop prospects looking increasingly better and finally, continued anxiety over the macro-economic environment, speculators in major agricultural futures markets are viewing the ...

SPICES & CONDIMENTS: Pepper futures recover on buying support
Kochi, July 9 The pepper futures market on Thursday recovered after a week-long decline on buying support and closed significantly above ...

CLIMATE & WEATHER: ‘Low’ downgraded, may delay rains for northwest
Thiruvananthapuram, July 9 India Meteorological Department (IMD) has joined other leading weather models to keep a watch for a crucial low-pressure in the Bay of ...

RUBBER: Mixed trend in spot rubber
Kottayam, July 9 Spot rubber showed a mixed trend on Thursday. RSS-4 finished unchanged at Rs 97.50 a kg after hitting a low at Rs 97 a kg on early trades following the marginal improvement in domestic futures on the National Multi ...

TEA: Coonoor tea auctions fetch Rs 151 cr in H1
Coonoor, July 9 Producers who sold their teas through the 26 auctions of Coonoor Tea Trade Association held in the first half of this year earned Rs 17.91 crore more than in the same period of ...

TECHNOLOGY: Going modern
...

Columnists: G Chandrashekhar Sharad Joshi




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Markets (July 09)
Nifty (at close)4,080.95 (+ 2.05)
US Dollar (Buy/Sell)48.73/74
Brent crude (a bbl) Rs3,000
Gold (a gram) Rs1,352
Silver (a kg) Rs22,410


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