Business Daily from THE HINDU group of publications
Thursday, July 17, 2008
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Agri Prices (July 16)
Sugar S301584 (1545)
Groundnut ready725 (725)
Coconut oil ready6590 (6540)
Pepper garbled ready14200 (14200)


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OUTLOOK: More free sale quota sugar to calm rising prices
Centre monitoring futures market, sees ‘speculative pressures’. New Delhi, July 16 Worried about firming sugar prices, the Centre is planning to make additional free sale quota (FSQ) releases in order to calm down “uncalled ...

COMMODITY EXCHANGES: ‘Power bourse will help bridge demand-supply gap’
Shinde launches Indian Energy Exchange. New Delhi, July 16 With volumes picking up on the country’s first power bourse, the Power Minister, Mr Sushilkumar Shinde, said the electricity trading platform would help bridge the overall ...

INSIGHT: Agriculture needs an accounting standard
In India, there is no accounting standard on biological assets and agricultural produce. Accounting Standard on agriculture is the need of the hour as many Indian companies are venturing into these businesses in big way, thanks to the thrust on ...

CLIMATE & WEATHER: Bay whirl may come to interior peninsula’s aid
Thiruvananthapuram, July 16 The ‘problem areas’ of interior and west-central peninsula might just be able to get some rains before the month is out, as per latest predictions by international weather models. ...

TEA: Tea output increases 6.1% in Jan-May
Between January and May this year, India produced 240.2 million kg (mkg) of tea as compared to 226.4 mkg in the same period of 2007, thus posting 6.1 per cent growth. The production in South Indian gardens was up by 13.6 per cent at 97.4 mkg ...

COTTON: Gujarat farmers benefit from Fairtrade cotton practice
Ahmedabad, July 16 A three-year partnership between Shell Foundation and Marks & Spencer (M&S) has helped the latter emerge as the first major British retailer to sell products made from Fairtrade cotton, while simultaneously improving ...

SUGAR: ‘Decontrol on schedule’
There will be no going back on the decision to decontrol the sugar industry from the new season, beginning October 1, despite the recent firming up of prices. ...

COMMODITY MARKETS: NMCE pepper contracts settle higher
Ahmedabad, July 16 National Multi-Commodity Exchange settled the prices of July 2008 contract in various commodities that ...

RUBBER: Steady trend continues in spot rubber
Kottayam, July 16 The physical rubber prices maintained the steady trend on Wednesday. Sharp declines in the Japanese market failed to make any visible impact on the domestic scene. RSS 4 closed flat at Rs 131 a kg as on Tuesday. ...

EMPLOYMENT: ‘Plan rural job scheme without disrupting farm activities’
Hyderabad, July 16 The Union Government has asked the States to plan the NREGS (National Rural Employment Guarantee Scheme) well to spread out the mandatory 100 days (of employment) in the lean ...

TEA: Coonoor tea auction volume continues to be high
A huge volume of 14.16 lakh kg will be offered at Sale No: 29 of the auctions of the Coonoor Tea Trade Association (CTTA) to be held on Thursday and Friday, an analysis of the catalogues of the brokers reveals. ...

COMMODITY MARKETS: Jeera futures hit upper circuit
Mumbai, July 16 Jeera futures in NCDEX on Wednesday hit the upper circuit of 3.72 per cent at Rs 13,785 a quintal on improved export demand and less arrivals. Turmeric gained 1.2 per cent at Rs 4,806 a quintal on reports of 15 per cent decline ...





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