AGRI-BIZ & COMMODITIES
COMMODITY EXCHANGES
Union Bank of India to invest in MCX
THE Union Bank of India has invested in equity shares of Multi Commodity Exchange of India Ltd (MCX), a subsidiary of Financial Technologies India Ltd (FTIL). According to a company notification issued to the exchange, UBI would join FTIL as a ...
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NCDEX to launch sugar, wheat futures in 3 weeks
THE National Commodity and Derivative Exchange Ltd (NCDEX), as part of widening its canvas in the commodities trading, has initiated steps to start futures in several other commodities. It has been decided to start futures trading in sugar and ...
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FERTILISERS
Prathista Ind set to market bio-fertilisers, bio-pesticides soon
PRATHISTA Industries Ltd (PIL), the Hyderabad-based company in technology partnership with the Regional Research Laboratories (RRL), Jammu proposes to launch bio-fertilisers and bio-pesticides on May 11, the national Technology Day. Addressing ...
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RUBBER
Rubber rises on renewed buying
SPOT rubber rates improved on Wednesday. The covering groups continued to chase the narrow arrivals offering better quotations to fulfil their early commitments. Moderate purchases from the general rubber goods sector were also reported from ...
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SUGAR
SC upholds States' power to fix cane prices
JUST when the going was good with prices looking up, the sugar industry has been delivered a body blow by a Supreme Court ruling upholding the right of State Governments to fix or `advice' cane prices over and above the Statutory Minimum Price ...
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TEA
Jay Shree Tea turns around Singbuli estate
After running the garden for a little over six months, Jay Shree Tea was able to reduce the losses of Singuli estate to around Rs 36 lakh.
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COTTON
Divergent views on Bt cotton benefits to farmers
DID Bt cotton hybrids, marketed by Mahyco-Monsanto Biotech India Ltd, benefit farmers? There are contrasting claims in this regard, particularly in Andhra Pradesh, which is a major cotton-growing State in the country. The findings of three ...
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OILSEEDS & EDIBLE OIL
Marico to focus on branded coconut oil
MARICO Industries Ltd will focus on increasing the market size for branded coconut oil in a bid to grow its Parachute brand, Mr Harsh Mariwala, Chairman & Managing Director of the company, has said. "We are looking at increasing the market size .
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Oilmeals export may top 40 lakh t
Soyabean meal export has doubled to 26.8 lakh t while rapeseed meal export has stabilised to 4.5 lakh t.
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CASHEW
Nabard study on cashew in Perambalur dist
TOBACCO
Tobacco Board postpones decision on Karnataka crop
THE production committee of the Tobacco Board has deferred its decision on the Karnataka crop size. The committee is likely to meet again on the subject after the election results are announced in both the States. The move to defer a decision ...
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SPICES & CONDIMENTS
Pepper prices up on demand
PEPPER prices increased on good domestic demand and short supply at the terminal market here. Spot pepper increased by Rs 100 a quintal. MG1 was sold at Rs 7,400 and ungarbled at Rs 7,100 as against Rs 7,300 and Rs 7,000 last Friday. ...
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EVENTS
Workshop for farmers in Hyderabad
THE State Department of Horticulture is organising a workshop on value-addition to cashew and sapota for the benefit of farmers at Jubilee Hall in Hyderabad on May 8. Cashew is predominantly grown in the northern coastal districts of ...
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