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AGRI-BIZ & COMMODITIES

COMMODITIES: Inflation rate eases to below 11%
New Delhi, Oct 30 The annual wholesale price index-based inflation rose 10.68 per cent during the week ended October 18, slower than the previous week’s annual rise of 11.07 per cent, the Commerce Ministry said in a statement in New ...

OILSEEDS & EDIBLE OIL: Global liquidity crunch hits edible oil trade
Foreign banks not accepting usance LCs. Chennai, Oct. 30 Edible oil importers are strapped for cash as overseas banks decline to accept usance letters of credit from Indian importers, which allows them to pay their suppliers over a ...

SPICES & CONDIMENTS: Cumin exports double as global supplies fall short
Severe shortage of cumin in the international market following crop failure in other origins such as Syria, Turkey and Iran has helped double exports of the commodity from ...

EXPORTS & IMPORTS: Slowdown may hit guar gum export
Chennai, Oct. 30 Guar gum exports are likely to be hit, while domestic consumption may also decrease in view of the global ...

AQUACULTURE: Unit value of marine exports rises
Kochi, Oct. 30 A sea change seems to have overtaken Indian marine exports. While the composition of shrimps in the Indian marine export basket has fallen from close to 60 per cent to 40 per cent recently, the European Union has emerged as ...

SPICES & CONDIMENTS: Pepper output declines on neglect of crop: Survey
Karnataka expected to fill up fall to an extent. The continuous decline in pepper production in Kerala, the main producer of the commodity in the country, mainly due to neglect of the crop, has resulted in the national output hovering around ...

RICE: Govt shores up more rice after bonus
New Delhi, Oct 30 Rice procurement by Government agencies has picked up following the Centre’s announcement of a bonus Rs 50 per quintal over and above the minimum support price (MSP) for the current 2008-09 marketing ...

RUBBER: Spot rubber prices improve
Kottayam, Oct. 30 The physical rubber prices improved on Thursday. Sharp gains in the Japanese rubber futures kept the domestic market firm amidst covering ...

COCONUT & COPRA: ‘Coconut park’ coming up in Thrissur
Thiruvananthapuram, Oct. 30 The Kerala Industrial Infrastructure Development Corporation (Kinfra) and Coconut Development Board are planning to set up a ‘coconut park’ in Koddakara in Thrissur ...

RICE: Kerala paddy farmers to get ‘green cards’
Thiruvananthapuram, Oct. 30 As part of the efforts to increase production of paddy in the State from six lakh tonnes to eight lakh tonnes in the current year, the Kerala Government will issue ‘green cards’ to paddy farmers to ...





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Markets (Oct 30)
Nifty (at close)2697.05(+12.45)
US Dollar (Buy/Sell)49.80/82
Brent crude (a bbl) Rs3,058
Gold (a gram) Rs1,148
Silver (a kg) Rs17,575


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In Focus
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Looking back
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