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Tuesday, November 04, 2008
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AGRI-BIZ & COMMODITIES

INSIGHT: Bio-fuels that won’t starve you
The aggressive move to replace fossil fuels with bio-fuels has driven agriculture to a turning point globally. Economic growth, energy needs and climate change will redefine supply-demand equations and contribute to accelerating food prices, says ...

RICE: Pusa 1121 gets notified as basmati rice
Growing areas confined to Delhi, Punjab & Haryana. New Delhi, Nov. 3 The Union Agriculture Ministry has at long last notified evolved basmati rice Pusa 1121 as basmati after it said so five months ago while bringing about a new definition ...

BIO-TECH & GENETICS: Modern lab set up to boost organic farming
Kochi, Nov. 3 POABS Organic Estate has set up a modern laboratory complex at Nelliampathy in Palakkad district to produce organic inputs round the year, as part of its continuing efforts to promote ...

SEEDS: Plea to check malpractices in poppy seeds imports
Kochi, Nov. 3 The Centre is said to be losing over Rs 300 crore since January 2007 due to heavy under-invoicing and other allegedly fraudulent methods used in importing poppy seeds into the country. Hence, the trade has urged the Union ...

TEA: Tea exports set to touch 210 m kg
Bangalore Nov. 3 Strong demand from emerging markets such as Egypt, Russia and Pakistan would see tea exports grow to about 210 million kg this year, according to the United Planters Association of South ...

COTTON: Cotton body pleads for cut in support price
Mumbai, Nov. 3 The Cotton Association of India has expressed apprehension over the 40-50 per cent hike in the minimum support price (MSP) fixed by the Government for cotton procurement ...

SPICES & CONDIMENTS: Cardamom prices slide on heavy arrivals
Kochi, Nov. 3 Cardamom prices after Diwali sales have shown a declining trend at auctions held in Kerala and Tamil Nadu on heavy arrivals with peak harvesting time of the current ...

TEA: Bulk of tea offers goes unsold at Coonoor
Coonoor, Nov 2 Market crashed like never before in recent times when the bulk of the year’s second highest volume of 14.51 lakh kg offered at Sale No: 44 of the auctions of Coonoor Tea Trade Association (CTTA) went unsold on ...

RUBBER: Spot rubber rules steady
Kottayam, Nov. 3 Physical rubber prices finished unchanged on Monday. The market activities were in an extremely low key in the absence of international guidance as the Japanese markets were on a ...

TEA: Prices ease at Kochi tea sale
The Kochi tea auction remained subdued as major blenders remained selective and domestic operators were reticent at the dust tea auction. Exporters operated with less strength while blenders lent useful support for good CTC varieties at the ...





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Markets (Nov 03)
Nifty (at close)3043.85(+158.25)
US Dollar (Buy/Sell)48.99/49.00
Brent crude (a bbl) Rs3,172
Gold (a gram) Rs1,099
Silver (a kg) Rs16,805


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