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AGRI-BIZ & COMMODITIES

TOBACCO: Tobacco continues to fetch higher prices in AP
Demand in global market makes up for excess supply. Rajahmundry (Andhra Pradesh), July 1 Tobacco prices are still ruling high on the auction floors of Andhra Pradesh this season. So far 153.41 million kg of the crop has been sold in the State ...

RUBBER: Bring down Customs duty on natural rubber
In a globally integrated business environment, the taxation structure needs to help Indian industry go up the value chain by encouraging the manufacture of value added products. That’s the only way to make industry ...

SPICES & CONDIMENTS: Cardamom arrivals top 10,000 tonnes
Kochi, July 1 Cardamom arrivals crossed 10,000-tonnes mark in the auctions held last week in Kerala and ...

CLIMATE & WEATHER: Rains advance into the North
The monsoon has further ‘advanced’ into the remaining parts of Punjab and Haryana and isolated parts of north Rajasthan, an India Meteorological Department (IMD) update said on ...

SPICES & CONDIMENTS: Pepper futures fall further
Kochi, July 1 Pepper futures market continued its fall on Wednesday on strong selling pressure in the primary market as well as ...

RUBBER: Spot rubber prices drop on resistance
Kottayam, July 1 Physical rubber prices were weak on Wednesday. The market declined on buyer resistance lacking quantity buyers from the tyre ...

COMMODITY EXCHANGES: MCX launches gasoline futures
Mumbai, July 1 MCX has launched futures trading in gasoline from the second session starting 5 p.m. on Wednesday. There will be three contracts expiring on 25th of each month between July and September and will be available for trading between ...

TEA: Higher tea volume on offer at Coonoor sales
The rising trend in the offer of teas in the Coonoor Tea Trade Association auctions continues this week. For Sale No: 27 to be held on Thursday and Friday, a volume of 17.77 lakh kg is being offered. This is the highest volume on offer so far ...

CULTIVATION: Behind schedule
Monsoon delay: A farmer returns home after the day's work through his field in Umsuwai village in Assam's Karbi Anglong district on Wednesday. With monsoon arriving after a long dry spell, agricultural activities are in full swing in ...

Columnists: G Chandrashekhar Sharad Joshi




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Markets (July 01)
Nifty (at 3.30 pm)4,340.30(+49.20)
US Dollar (Buy/Sell)47.89/90
Brent crude (a bbl) Rs3,379
Gold (a gram) Rs1,369
Silver (a kg) Rs23,700


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