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Thursday, October 23, 2008
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AGRI-BIZ & COMMODITIES

EXPORTS & IMPORTS: Pressure to lift export tax on basmati intensifies
Paddy realisations ruling 10-12% lower than last year. The pressure on lifting of the current Rs 8,000-a-tonne duty on export of basmati rice is intensifying, with paddy realisations for farmers ruling 10-12 per cent lower compared to ...

INFRASTRUCTURE: Meet on post-harvest infrastructure
The Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) is organising a day-long workshop on ‘Post-harvest infrastructure in horticulture – Incentives and investment opportunities’ here on October 30. ...

WHEAT: S. India mills may opt to buy wheat thru FCI tender
Chennai, Oct. 22 Roller flour mills in South India are likely to respond to the tenders floated by the Food Corporation of India (FCI) to sell 8.4 lakh tonnes of wheat under the open market ...

RUBBER: Spot rubber improves
Kottayam, Oct. 22 Rubber prices improved further on Wednesday. RSS 4 moved up to Rs 92 a kg from Rs 90 a kg on Tuesday. The market made all-round gains as traders remained moderately active during the session while sellers stayed back ...

RICE: `No lifting of non-basmati export ban'
Regarding non-basmati exports, officials pointed out that even after the recent fall in global prices, 25 per cent broken rice from Thailand is now quoting at $465 a tonne, while being $330 a tonne for ...

SPICES & CONDIMENTS: Pepper futures drop
Kochi, Oct 22 Pepper futures market dropped on Wednesday following the withdrawal of the additional margin on sellers and for want of follow up support from ...

FARM CREDIT: Syndicate Bank plans ryots’ training centre
Syndicate Bank is setting up a farmers’ training centre in Bagalkote, ...

TEA: Low volume on offer at Coonoor auctions
Coonoor, Oct 22 Volume offered for the auction of Coonoor Tea Trade Association (CTTA) has come down to 12.35 lakh kg for Sale No: 43 to be held on Thursday and Friday. This is the lowest volume of the last four ...

INFRASTRUCTURE: Rs 500-cr project proposal for Kuttanad ryots
The Kerala Government will submit to the Centre a detailed report on a Rs 500-crore project for the comprehensive development of the agriculture sector of Kuttanad in ...

CLIMATE & WEATHER: Fresh storm threat for Arabian Sea, Bay
Thiruvananthapuram, Oct. 22 Tropical Cyclone 03 may be weakening as a depression in the Gulf of Aden and wheeling towards the Yemen coast for a quite landfall, but another ‘low’ is shaping up in its wake over southeast Arabian ...





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Markets (Oct 22)
Nifty (at close)3065.15(-169.75)
US Dollar (Buy/Sell)49.30/31
Brent crude (a bbl) Rs3,272
Gold (a gram) Rs1,135
Silver (a kg) Rs17,540


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