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AGRI-BIZ & COMMODITIES

REGULATORY BODIES & RULINGS: HC tells FMC to hear NCDEX plea in 2 weeks
‘Judicial intervention on transaction fee not fair’. Mumbai, Feb 6 The Bombay High Court has directed the National Commodity and Derivatives Exchange Ltd (NCDEX) to settle its issue over reducing transaction fee with the commodity ...

FLORICULTURE: Tanflora to export 5-7 m rose stems this V-day
Releases new variety ‘Kohinoor’ for exports next year. Hosur, Feb. 6 Over the next one year, Tanflora Infrastructure Park, one of the world’s largest rose exporters, plans to grow to twice its present size, enter consultancy ...

TEA: S. India helps tea output to record high
Exports rise but fail to hit 200-mkg-mark. Chennai, Feb. 6 A 26-million kg (mkg) rise in South India tea production helped the country to a record output of 980.8 mkg during 2008. This was against 944.7 mkg ...

SPICES & CONDIMENTS: Buying props up cardamom prices
Kochi, Feb. 6 Cardamom prices moved up during the week on good buying support from exporters and domestic dealers at auctions held in Kerala and Tamil ...

CLIMATE & WEATHER: Rains in wheat-growing areas likely next week
Thiruvananthapuram, Feb. 6 The Climate Prediction Centre (CPC) of the US National Weather Services has said in its latest update that atmospheric and oceanic conditions in the equatorial Pacific do indeed reflect La ...

RUBBER: Spot rubber rules weak
Kottayam, Feb. 6 Physical rubber prices continued to rule weak on Friday. Though the international indices were in a positive mood, the domestic prices remained under pressure on low demand. Sheet rubber slipped to Rs 68.25 from Rs 68.50 a kg ...

SUGAR: 25,000 t raw sugar shipment to arrive next week
The first-ever raw sugar consignment following the recent relaxation in import rules by the Centre is scheduled to arrive in the country within the next 5-6 ...

SPICES & CONDIMENTS: Pepper futures drop as bears turn active
Kochi, Feb. 6 Pepper futures hit the lower circuit level (the maximum limit allowed to drop in a day) on Friday on strong ...

Columnists: G Chandrashekhar Sharad Joshi




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Markets (Feb 06)
Nifty (at close)2,843.10(+63.05)
US Dollar (Buy/Sell)48.68/69
Brent crude (a bbl) Rs2,227
Gold (a gram) Rs1,317
Silver (a kg) Rs21,735


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