AGRI-BIZ & COMMODITIES
COMMODITY EXCHANGES
Physical deliveries surge on NMCE for July contracts
A majority of the commodities recorded a rise in physical deliveries for the July contract on the National Multi-Commodity Exchange, with chana and rubber witnessing an impressive surge. In chana, physical delivery rose to 430 ...
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CLIMATE & WEATHER
Monsoon runs up whole country, eight days late
July is likely to end up with a deficit rainfall of about 10 per cent. Good rainfall in northwest likely for next 2-3 days.
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CULTIVATION
Kharif acreages up for most of the crops
Coverage of groundnut, castor, jowar, bajra trail
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PULSES
TN: Tax exemption on pulses, oil hailed
The Tamil Nadu Foodgrains Merchants Association (TFMA) has welcomed the exemption from sales tax on pulses and oil and fixing a threshold limit of Rs 10 lakhs for exemption from registration and payment of tax as part of the ...
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AQUACULTURE
Out of action
A FISHING BOAT berthed at Natika beach near Thrissur in Kerala. The State Government has sanctioned Rs 61.5 lakh to provide free ration to fisherfolks rendered jobless by the 45-day trawling ban. Workers of mechanised boats and ancillary workers ...
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RUBBER
RPDS aid: Rubber Board invites applications
The Rubber Board has invited applications from rubber growers for assistance under the Rubber Plantation Development Scheme (RPDS). Assistance will be given both for replanting and new planting. Applications in the prescribed ...
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Rubber continues to slip
Domestic spot rubber rates continued their decline on Monday. Major consuming sectors stuck to their "wait and watch policy" as the reports from the global commodity exchanges were still unfavourable. Sheet rubber RSS 4 moved down to Rs 92 ...
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TEA
Coonoor tea prices look up
Prices looked up at the auctions of the Coonoor Tea Trade Association (CTTA) here this weekend as the demand was just adequate to lift the small volume on offer. The volume of 10.57 lakh kgs put on offer was the lowest of the previous 11 ...
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Tea association thanks TN Govt
The Tea Trade Association of Coimbatore has welcomed the reduction in the rate of sales tax on teas sold through public tea auction. The Chairman of the Association, Mr U.V. Saraf, while welcoming the Government's decision to ...
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FINANCIAL PERFORMANCE
Ponni Sugars net profit jumps
Ponni Sugars (Erode) Ltd has reported a four-fold jump in net profit of Rs 2.40 crore on net sales of Rs 32.25 crore for the first quarter ended June 30, 2006. During the corresponding quarter in the previous year, the company reported a net ...
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METALS
ASM research centre in Chennai likely
The Chennai Chapter of the American Society for Metals (ASM) International plans to set up a research centre for automobile industries here. To be constructed in phases, the first phase will require an investment of Rs 3 crore and will occupy ...
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AGRICULTURAL INSTITUTIONS
Commercialisation of ICAR transgenics likely by 2008
Field trials completed for seven GM varieties
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COIR
Coir Board office in Kolkata
The Coir Board, in its efforts to develop the industry in the North-Eastern States, has opened its first Sub-Regional Office at Hemanta Basu Bhavan in Kolkata. The office, which was formally opened by Mr A.C. Jose, Chairman of the Board, will ...
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JUTE
Jute mill workers protest at Vizag
Under the leadership of the Indian Federation of Trade Unions (IFTU), the striking workers of three jute mills - East Coast, Aruna and Bobbili - marched to the Vizianagaram Collectorate on Monday in protest against the ...
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OILSEEDS & EDIBLE OIL
All-round demand
ENTICING: Sugar-coated cumin seeds on display at an exhibition in Kochi, Kerala. India is the biggest consumer of cumin seeds with 90 per cent of the production being absorbed in the domestic market. Mainly grown in Rajasthan and Gujarat, the ...
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SPICES & CONDIMENTS
Traders boycott cardamom auctions
Oppose move on auction charges
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Pepper futures continue to rise
Pepper futures market continued to soar on buying support at a time when there are no sellers. Indonesia, the only other source where harvesting is round the corner, is said to have raised its prices further to $2,025 a tonne (c&f) while Indian .
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MINERALS
Proper evaluation process mooted for royalty on minerals
It should be on the value of mineral produced: Hoda panel
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CO-OPERATIVES
Mafcocs asks Maharashtra Govt to facilitate funds from Nabard
To help in its modernisation exercise to serve twin purposes
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