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Tuesday, November 18, 2008
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AGRI-BIZ & COMMODITIES

EXPORTS & IMPORTS: Cooking oil may turn costlier if customs duty is hiked
Palm oil slipping into lean production season. Mumbai, Nov. 17 Despite the Government’s recent rejection of the vegetable oil industry’s demand for re-imposition of customs duty on imported oils, efforts have once again begun to ...

BIO-TECH & GENETICS: GEAC clears limited field trials of GM corn
Bio-safety trials to be carried out in select State farm varsities. New Delhi, Nov. 17 The Genetic Engineering Approval Committee (GEAC) has permitted Monsanto India Ltd to conduct limited field trials of corn hybrids that are genetically ...

TEA: Nilgiri green tea finds a new taker in pharma industry
Coonoor, Nov. 16 Pharmaceutical companies are stepping up their purchase of Nilgiri green tea for medicine manufacture, producers ...

CLIMATE & WEATHER: Cyclone Khai-Muk remnant causes rains to linger
Thiruvananthapuram, Nov. 17 Erstwhile cyclone Khai-Muk has weakened rapidly since encountering land, and only a remnant cyclonic circulation managed to cross the peninsular landmass and slide into the Arabian Sea off the Karnataka-Goa coasts ...

DAIRY & DAIRY PRODUCTS: AP Dairy to diversify product portfolio
To launch ice creams; plans re-launch of bakery products. Hyderabad, Nov. 17 In order to diversify its product portfolio, Andhra Pradesh Dairy Development Co-operative Federation Ltd (APDDCF) is looking at launching ice creams and bakery ...

AQUACULTURE: Distress alert transmitters
Distress alert transmitters – high-tech devices which enable fishermen in stricken vessels to get in tough with the coast guard – were distributed here on Monday in the fishing harbour by the AP Fisheries Commissioner, Mr Aravind ...

SPICES & CONDIMENTS: Declining trend
...

RUBBER: East Godavari takes up rubber cultivation
UNIQUE SCHEME. New Delhi, Nov. 17 In a predominantly tribal area, where Naxalite activity is on the high, a unique rubber cultivation scheme at Rampachodavaram in East Godavari district of Andhra Pradesh has been launched by the Minister of ...

SPICES & CONDIMENTS: Cardamom prices drop on heavy arrivals
Kochi, Nov. 17 Heavy arrivals at the auction held in Tamil Nadu and Kerala last week pushed down the cardamom prices with the average price dropping to Rs 500 a kg on Sunday from Rs 535.48 a kg on November ...

CO-OPERATIVES: Slump in forest produce worries Girijan Co-op
Visakhapatnam, Nov. 17 The slump in procurement and sale of non-timber forest produce, previously known as minor forest produce, during the past two years is one of the factors causing concern to the Girijan Co-operative Corporation ...

TEA: Good demand for quality teas at N. India sale
Last week, liquoring Assam CTC teas maintaining quality continued to meet with good demand at firm to dearer rates, according to tea ...

RUBBER: Spot rubber declines further
Kottayam, Nov. 17 Rubber prices moved down further on Monday. The market lost ground on buyer resistance amidst selling from dealers and growers. The sentiments were also hit by a weak closing in global rubber futures and rumours that ...

SPICES & CONDIMENTS: Pepper futures gain on buying support
Kochi, Nov. 17 Pepper futures market moved up on buying support and short supply on ...

RICE: Cyclone damages paddy crop in 50,000 acres
The cyclone Khai Muk (named after an island in Thailand) has damaged 50,000 hectares of paddy area in East, West Godavari and Krishna ...





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Markets (Nov 17)
Nifty (at close)2799.55(-10.80)
US Dollar (Buy/Sell)49.21/22
Brent crude (a bbl) Rs2,522
Gold (a gram) Rs1,110
Silver (a kg) Rs16,635


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In Focus
Pravasi Bharatiya Divas, Singapore

More

Other Top Stories
Fall in chip demand is temporary: Freescale chief

GEAC clears limited field trials of GM corn

Steel makers worried over Railways’ iron ore classification plan

RBI sets loan rate cap for HFCs at Libor+ 200 bps

Realty stocks hit badly despite RBI’s revival measures

NBFCs expect banks to be more responsive

IIP up but sustainability under cloud

IIM-B placements dispel fears of gloomy job scenario

New body proposed for assessing early warning in systemic instability

Looking back
Nov. 9-Nov. 15
Global sugar deficit likely to shrink

The agriculture-rural paradox

Coarse cereals rule below minimum support price

Govt bid to boost bank lending to food processing



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