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AGRI-BIZ & COMMODITIES

COMMODITIES: Inflation rate drops on cheaper food
Wholesale Price Index of all commodities at 229. New Delhi, Jan 15 Inflation continued its declining trend for the tenth straight week, with the annual Wholesale Price Index-based inflation rising to 5.24 per cent for the week-ended January 3, ...

AGRICULTURAL POLICY: Cabinet rejects statutory status to CACP
Commerce Ministry opposes Alagh panel’s recommendations. New Delhi, Jan. 15 The Centre has rejected the proposal to accord statutory status to the Commission for Agricultural Costs and Prices (CACP) while also extending its mandate to ...

OILSEEDS & EDIBLE OIL: Veg oil imports may slow down
Chennai, Jan. 15 Imports of vegetable oils, which increased 80 per cent during October-December, are likely to slowdown in the first quarter with the supply pipeline being full, according to the Solvent ...

CLIMATE & WEATHER: Westerly system weighs in over north-west India
Thiruvananthapuram, Jan.15 The western Himalayan region is bracing to receive isolated heavy snowfall and fairly widespread rains in what could prove a likely exception to the general rule weather-wise until now this ...

CASHEW: Cashew body employees demand implementation of pay package
Kochi, Jan. 15 The employees of the Cashew Export Promotion Council of India (CEPC) have sought the intervention of Union Commerce Minister and the Commerce Secretary to get the sixth Pay Commission recommendations and promotions due to ...

RUBBER: Mixed trend in rubber
Kottayam, Jan. 15 Spot rubber showed a mixed trend on Thursday. According to sources sentiments were partially affected by a weak closing in Japanese futures. Sheet rubber slipped to Rs 71 from Rs 71.50 a kg on buyer ...

TEA: Coonoor tea auction put off
Coonoor, Jan. 15 The third auction of the Coonoor Tea Trade Association for 2009 scheduled this week has been postponed to January 19 and 20. The fourth auction scheduled for January 22 and 23 has been cancelled. The next auction, the last ...

TECHNOLOGY: 1 lakh farmers subscribe to Thomson Reuters mobile alert
Mumbai/Chennai, Jan.15 Thomson Reuters has achieved one lakh subscription of Reuters Market Light (RML), a market intelligence service to farmers in their local language including crop prices from local markets, local weather forecasts, ...

TEA: Mixed trend at Kochi tea sale
Exporters mainly operated on plain grainier CTC dust grades with dark black appearance at the Kochi tea auction. Major blenders remained on the sidelines, selectively operating on good liquoring CTC dust varieties. Domestic market ...

EVENTS: Agri business summit at IIM-A
...

Columnists: G Chandrashekhar Sharad Joshi




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Markets (Jan 15)
Nifty (at close)2,736.70(-98.60)
US Dollar (Buy/Sell)49.06/07
Brent crude (a bbl) Rs2,205
Gold (a gram) Rs1,202
Silver (a kg) Rs18,260


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