AGRI-BIZ & COMMODITIES
FARM CREDIT
‘Rs 5,000-cr relief for 15 lakh TN farmers under debt waiver’
Amaravathi Pudur (Sivaganga), June 29 A total of 15 lakh farmers in Tamil Nadu will benefit to the tune Rs 5,000 crore under the agriculture debt waiver and debt relief scheme 2008, announced by the Government of India, said the Union Finance ...
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CLIMATE & WEATHER
Fresh spell to see rains even out across landmass
Thiruvananthapuram, June 29 The upper air cyclonic circulation hovering over east India has not just soaked the immediate backyard from Sunday’s vantage point over Gangetic West Bengal and later Bihar but has also triggered a welcome ...
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CULTIVATION
Jute crop size may be lower due to floods, fall in acreage
2008-09 raw jute crop size could be fixed at around 75 lakh bales
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AQUACULTURE
‘Fisheries output growth declined after WTO’
Kochi, June 29 Though the devaluation of the exchange rate was favourable in the early years of India’s liberalisation, the output growth in fisheries sector has sharply decelerated after the formation of the World Trade Organisation ...
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INSIGHT
Dark side to free power for farmers
During the last few years, Tamil Nadu has witnessed sizeable growth in the industrial sector, yet the contribution from the agricultural sector has not been encouraging, despite industrial growth in many sectors being dependent on agricultural ...
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COMMODITIES
High commodity prices could hit auto majors’ local sourcing plans
New Delhi, June 29 Global automobile companies setting up their purchasing shops in the country for sourcing components have sounded a note of caution that the soaring commodity prices could erode India’s competitiveness. The Fiat ...
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PLANTATIONS
Arecanut imports in 2007-08 touch 76,000 tonnes; unit value declines
Mangalore, June 29 Despite being a major arecanut producer in the world, India imported more than 76,000 tonnes of the commodity at a unit value of Rs 14.42 a kg during 2006-07. According to ‘Area and production ...
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SUGAR
DuPont launches new herbicide for sugarcane
Pune, June 29 DuPont Crop Protection has launched DuPont Velpar K4 60% WP, a broad-spectrum herbicide for protection of sugarcane crop that targets over 20 types of weeds for sugarcane. According to the company, it controls grasses and ...
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TEA
North Indian tea market sees good demand
Kolkata, June 29 The Kolkata CTC sale saw strong demand with improved liquoring sorts dearer while remainders were around last levels, according to J Thomas & Company Pvt Ltd, the tea auctioneers. Guwahati and Siliguri auctions ...
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Demand pushes up Coonoor tea prices
Coonoor, June 29 Despite a huge offer of 13.82 lakh kgs – the highest for any single auction in more than two years – prices rose Rs 2 a kg on the average at Sale No: 26 of the auctions of Coonoor Tea Trade Association (CTTA) on ...
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TECHNICAL ANALYSIS
Gold to test resistance levels
Comex gold futures ended sharply higher on Friday as record high oil prices stirred inflation fears amid tumbling stock markets, driving equity investors to seek returns from commodities. Rising energy prices boost gold’s appeal as a ...
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Cotton to test resistance levels
Cotton futures ended slightly lower on Friday on speculative selling, mostly awaiting the release of the important Government data on plantings next week. The important question would be how much damage poor weather inflicted on Texas, top cotton ...
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OILSEEDS & EDIBLE OIL
Castor seed futures likely to be bullish
Weakness in barley may continue
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WTO
WTO keen to break farm impasse before July meet
‘Circulation of revised texts likely soon’
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