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Saturday, November 08, 2008
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AGRI-BIZ & COMMODITIES

AQUACULTURE: Freight sop scheme for seafood sector approved
Import of select raw materials, export of value-added items. Kochi, Nov. 7 The Centre has approved freight assistance for the import of specified raw marine products and exports to spur growth in the domestic seafood industry. The Expenditure ...

FERTILISERS: Falling global prices may help cut fertiliser subsidy bill
Paswan says Govt will be able to save more than Rs 20,000 crore. New Delhi, Nov. 7 The country will be able to save more than Rs 20,000 crore in its fertiliser subsidy bill during the current financial year as a fall-out of the global economic ...

EXPORTS & IMPORTS: Base price for import of ginger sought
Under-valuation hurting, says trade. Kochi, Nov. 7 The Hill Produce Trading Community has urged the Centre to look into the problems faced by the ginger trade and its cultivation and implement minimum tariff value for imported ginger as has been ...

CULTIVATION: Rise in most crops’ rabi acreage
Area under all rabi crops, barring rice, is showing a rise even as sowing gathers momentum. The Agriculture Ministry’s latest data shows that farmers have been helped by good rainfall in September under the influence of the ...

PULSES: Marginal fall seen in Bengal gram prices
Coimbatore, Nov. 7 The farm varsity’s Domestic and Export Market Intelligence Cell (DEMIC) has analysed the price movements of crops such as Bengal gram, sunflower, gingelly, groundnut, maize and cumbu to facilitate farmers in ...

TEA: Tea imports up at 12.68 mkg during Jan-Aug
Kolkata, Nov. 7 Between January and August this year, India imported 12.68 million kg of tea at an average price of Rs 73.36 per kg as compared to 9.39 million kg (Rs 69.11 per kg) in the same period of 2007, according to statistics released ...

FARM CREDIT: Debt waiver: Nabard clears funds for Kerala
Thiruvananthapuram, Nov. 7 The National Bank for Agriculture and Rural Development (Nabard) has released the second instalment of Rs 89.06 crore to cooperative and regional rural banks in Kerala under Agricultural Debt Waiver and Debt ...

FLORICULTURE: Riot of colours
...

SPICES & CONDIMENTS: Pepper futures move up on buying support
Kochi, Nov 7 Pepper futures moved up on Friday on tight supply position and moderate buying support. November contract increased by Rs 202 to Rs 11,245 a quintal. December and January contracts went up by Rs 233 and Rs 193 a quintal to Rs ...

RUBBER: Spot rubber declines on buyer resistance
Kottayam, Nov. 7 Physical rubber prices declined on Friday. RSS 3 moved down to Rs 85 from Rs 86.50 a kg as certain small traders preferred to dispose of their stocks fearing further fall in prices. Major manufacturers were buyers on sheet ...

OILSEEDS & EDIBLE OIL: No case for hike in customs duty on veg oil
Mumbai, Nov. 7 The Government deserves to be complimented for keeping the rate of customs duty unchanged for imported vegetable oils, despite pressure mounted by the domestic oil ...

FOODS & FOOD PROCESSING: Nod for wine, meat processing boards
The Centre has cleared the establishment of independent Boards for the wine and meat processing industries. The National Wine Board will be headquartered in Pune and be headed by a member from the industry. Apart from promoting Indian wines, it ...





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Markets (Nov 06)
Nifty (at close)2973.00(+80.35)
US Dollar (Buy/Sell)47.71/72
Brent crude (a bbl) Rs2,727
Gold (a gram) Rs1,082
Silver (a kg) Rs16,930


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In Focus
Pravasi Bharatiya Divas, Singapore

More

Other Top Stories
Probe into charges of dumping Penicillin-G from China begins

JSW Steel to cut output by 20% in Nov

TV advertising of shampoos up 65%

‘Time to look for M&A opportunities’

US slowdown may hit services exports

Rise in most crops’ rabi acreage

Core sector posts 5.1% growth in Sept

Educomp, Intel launch learning system for schools

Corus to further cut output by 30%; 400 jobs to go

Looking back
Oct. 26-Nov. 1
Australian wool production seen at 80-yr low

No mealy bug woes this time; Kapas yields higher in North

Bankers hope to see rise in gold coin sales

Rupee’s decline, output fall push up cloves price

Banks must stick to core competency

Cumin exports double as global supplies fall short



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