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Thursday, November 20, 2008
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AGRI-BIZ & COMMODITIES

E-COMMERCE & E-BUSINESS: 710 kg of tea offered on first day of e-auction
All six centres to adopt this system by Jan ‘09. The world’s first electronic auction of tea, organised by the Calcutta Tea Traders Association in partnership with Tea Board, was launched here on ...

CLIMATE & WEATHER: Easterly wave kicks up weather over southeast coast
Thiruvananthapuram, Nov. 19 A fresh easterly wave originating from the West Pacific-South China Sea and travelling west is impacting the Bay of Bengal, switching on some weather activity along the southeast coast ...

RICE: DGFT effects partial relaxation of ban on non-basmati rice exports
New Delhi, Nov. 19 The Director General of Foreign Trade (DGFT) notified late Tuesday night a partial relaxation of ban on the export of non-basmati rice in favour of two 100 per cent export-oriented units (EOUs) each in Pondciherry and ...

SUGAR: USDA estimates 7.8 mt decline in global sugar output
New Delhi, Nov. 19 The US Department of Agriculture (USDA) has forecast world sugar production for 2008-09 at 158.781 million tonnes (mt) of raw value, against the 166.574 mt of ...

TEA: POABS asks Govt to expedite RBT tea estate registration
Kochi, Nov. 19 POABS Group, which has taken over RBT tea estates at Vandiperiyar in Idukki district, has appealed to the State Government to speed up the registration process and other formalities in order to restore normal operations in ...

RUBBER: Spot rubber under pressure
Kottayam, Nov. 19 Domestic rubber prices nosedived on Wednesday. The market remained under pressure as the major consuming industries kept their quotes much lower than Tuesday’s closing levels, sources said. They even withdrew from ...

OILSEEDS & EDIBLE OIL: IVPA decries import duty on crude soyoil
New Delhi, Nov. 19 The Indian Vanaspati Producers Association (IVPA) has criticised the imposition of the 20 per cent import duty on crude soyoil, saying it would lead to inflation and offset the impact of decline in international ...

SPICES & CONDIMENTS: Pepper futures bearish on high volatility
Kochi, Nov. 19 The pepper futures market on Wednesday witnessed high volatility resultant from the tug of war between the bull and bear speculators and eventually the latter succeeded by pulling the ...





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Markets (Nov 13)
Nifty (at close)2848.45(-90.20)
US Dollar (Buy/Sell)49.30/31
Brent crude (a bbl) Rs2,605
Gold (a gram) Rs1,090
Silver (a kg) Rs16,485


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In Focus
Pravasi Bharatiya Divas, Singapore

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Other Top Stories
Supercomputing made easier, cheaper

India’s holdings of US Treasury on the rise

USDA estimates 7.8 mt decline in global sugar output

Sensitive items imports up in first half

Saving capitalism from economists

Slowdown woes hit plastics industry

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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