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AGRI-BIZ & COMMODITIES

AGRICULTURAL POLICY: Steep hike in support price for kharif crops
High raw material costs may be passed on to consumers. Mumbai, Sept 11 The Government has announced the minimum support prices (MSP) for various crops of kharif 2008 season, a recent event that went largely ...

INSIGHT: Food security for thought
Way back in 1946 at Noakhali, Mahatma Gandhi had perceptively remarked: “To the hungry, God is bread.” Right to food is a basic birthright for all and is an integral part of the right to life enshrined in Article 21 of the Indian ...

SEEDS: Guarseed crop seen on course for 1.10 cr bags output
Rains hold key to better yield, quality. Chennai, Sept. 11 Guar crops sown during the first week of August need 10-15 mm of rainfall in the next one week, while the early sown crops need rainfall during the last week of this month or early ...

COMMODITIES: Inflation rate falls to 12.1% as some food items turn cheaper
Wholesale Price Index for all commodities at 240.8 points. New Delhi, Sept. 11 The annual Wholesale Price Index-based inflation rose 12.10 per cent during the week ended August 30, below the previous week’s annual rise of 12.34 per cent, ...

TEA: Separate cell for small tea growers soon
IIT Guwahati asked to develop prototype of processing unit for them. Kolkata, Sept. 11 The Tea Board, according to its Chairman, Mr Basudeb Banerjee, is to soon have a separate cell for the small tea-growers. “We are also planning to ...

SEEDS: Atash Seeds on acquisition drive; in talks with Delhi-based firm
Atash Seeds, a company of the Bangalore-based Avesthagen Ltd, has chalked out a strategy of acquisition, to emerge among the top seed companies in the ...

CLIMATE & WEATHER: Deficit stays at 3% as excess rain zone shifts south
Thiruvananthapuram, Sept 11 All-India rain deficit remained unchanged at three per cent on Wednesday from the position five days ago but the excess precipitation zone has lately shifted to the southern peninsula. ...

HUMAN RESOURCES: Bonus hiked for Bengal tea garden workers
Kolkata, Sept. 11 The tea garden workers in West Bengal, employed in the gardens in Darjeeling district and Dooars and Terai regions, will get bonus for 2007-08 at higher rates vis-a-vis those in 2006-07 following the signing of the agreements ...

PLANTATIONS: Tripartite pacts mooted for cocoa development
Kochi, Sept 11 The National Steering Committee meeting on Cocoa held in Kottayam has recommended that the concerned development departments and the cocoa industry to immediately go for tripartite agreements between the farming community, ...

SPICES & CONDIMENTS: Pepper futures slip on drop in other origin prices
Kochi, Sept. 11 Pepper futures market continued its downward trend on Thursday also on bearish activities and on reports of prices easing in other origins–Vietnam and ...

RUBBER: Spot rubber rules steady
Kottayam, Sept. 11 The domestic rubber prices were steady on Thursday. The market was totally in a holiday mood with only a few hours left to Onam. Traders continued to sideline the market and the inflow of the raw material hit the bottom ...

TEA: Coonoor tea sales turnover rises Rs 97 cr
Coonoor, Sept. 11 Producers who sold their teas through the 35 auctions held in the eight months of 2008 at the auctions of Coonoor Tea Trade Association (CTTA) have earned Rs 97.28 crore more than in the same period of 2007. ...





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Markets (Sep 11)
Nifty (at close)4290.30(-109.95)
US Dollar (Buy/Sell)45.39/40
Brent crude (a bbl) Rs4,457
Gold (a gram) Rs1,048
Silver (a kg) Rs17,955


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