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AGRI-BIZ & COMMODITIES
NATURAL CALAMITIES:
Drought, moisture stress threat to kharif crops
Gujarat joins four other States facing rainfall deficit. Mumbai, July 22 It is becoming increasingly clear that drought is threatening large parts of the country. All indicators point to the onset of drought conditions in western and southern ...
COMMODITY EXCHANGES:
NMCE guarseed settlement price
The guar seed July 2008 futures contract traded on National Multi-Commodity Exchange settled at Rs 2,024 a quintal. The settlement price was arrived at by taking Jodhpur (Rajasthan) as the basis centre. The turmeric July 2008 futures contract, ...
COMMODITY EXCHANGES:
NCDEX aims at creating frictionless spot market
Plans to roll out exchanges in all major States. Chennai, July 22 There is no conclusive evidence of futures trading leading to inflation in agri-commodities, Mr Ramaseshan, Chief Executive Officer of NCDEX, said at a workshop held in Chennai. ...
SPICES & CONDIMENTS:
Cardamom prices rule high on demand
Kochi, July 22 Cardamom prices ruled high on short supply and good demand at auctions held in Kerala and Tamil Nadu during last week. ...
INFRASTRUCTURE:
Reprieve for Bunder traders in Mangalore on shifting
Nearly 600 traders at Bunder area in Old Mangalore have got a temporary reprieve with the Karnataka Minister for Agriculture Marketing keeping in abeyance the decision to shift the market sub-yard of Agriculture Produce Marketing Committee ...
CLIMATE & WEATHER:
July rainfall this year may be better than 2002, 2004
Thiruvananthapuram, July 22 Crucial July rainfall till now may have proved deficient in the southern peninsula, but statistics suggest that the situation may not be as bad as during comparable periods either in 2002, which recorded a ...
INFRASTRUCTURE:
Vizag to get jute park
Hyderabad, July 22 The Andhra Pradesh Jute Development Centre, a newly formed organisation to promote jute industry in the State, has said that it would set up a Rs 100-crore Jute Park at Sabbavaram in Visakhapatnam district. Addressing a news ...
RUBBER:
Spot rubber flares up on demand
Kottayam, July 22 The domestic rubber prices flared up sharply above the international rates on Tuesday. Surprisingly the sharp increase of Rs 3 a day appears to be quite unusual as it indicates the abnormal scarcity of the commodity in the ...
SPICES & CONDIMENTS:
Pepper futures bounce back on buying support
Kochi, July 22 Pepper futures market on Tuesday bounced back on good buying support on the assumption that the UPA Government would survive the no-confidence motion. ...
WTO:
Make global farm trade less distorted: FICCI
New Delhi, July 22 With the World Trade Organisation’s Mini-Ministerial entering the second day of intense negotiations, the Federation of Indian Chambers of Commerce and Industry has called upon the developed countries to demonstrate ...
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