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Thursday, February 19, 2009
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AGRI-BIZ & COMMODITIES

EXPORTS & IMPORTS: Centre grants duty credit for raw cotton exports
Concessions to be effective from April 1 , 2008. New Delhi, Feb. 18 In an apparent move to revive exports in the face of declining global prices, the Centre has granted Vishesh Krishi and Gram Udyog Yojana (VKGUY) benefits to raw cotton ...

TEA: IITC set to soak Kochi in finest aroma
The India International Tea Convention (IITC) is being held in Kochi from February 19 to 21. The convention is jointly organised by the UPASI and Tea Board of India under the aegis of the Consultative Committee of Plantation Association (CCPA), ...

CULTIVATION: India has 4th largest area under GM crops
New Delhi, Feb. 18 India has overtaken Canada to emerge as the country with the fourth largest area under genetically modified ...

TEA: Record prices at Kochi tea sale
Several record prices were scaled at the Kochi Tea Auction Sale No. 7 which was held on Wednesday. An invoice of Parkside BOP superior from the Coonnor Tea Estates Company sold to JFK International fetched a record Rs 230/kg. A second ...

TEA: Golden Leaf awards to be presented tomorrow
The awards of the fifth edition of The Golden Leaf India: Southern Tea Competition (TGLIA: STC), which has received an overwhelming response from stakeholders, will be given away on February 20 at a colourful function at Hotel Taj Malabar, ...

CLIMATE & WEATHER: Gradual rise seen in mercury over North India
Thiruvananthapuram, Feb. 18 Minimum and maximum temperatures would see a gradual rise over many parts of northwest, west and central India from Thursday, according to India Meteorological Department ...

TEA: Global tea meet begins in Kochi today
The second edition of India International Tea Convention (IITC) being held here from February 19-21 is an important marketing initiative of Tea Board of India in collaboration with various stakeholders of Indian tea industry, according to ...

RUBBER: Spot rubber rules static
Kottayam, Feb 18 Physical rubber prices closed unchanged on Wednesday. A weak closing in the international indices failed to make any visible impact in the domestic spot ...

TEA: 46-week low volume at Coonoor tea auctions
Coonoor, Feb. 18 An analysis of brokers’ catalogues reveals that a volume of 9.02 lakh kg is offered for Sale No: 8 of the Coonoor Tea Trade Association (CTTA) auctions to be held on Thursday and Friday. This is the lowest volume of ...

COMMODITY EXCHANGES: MCX Stock Exchange starts Clearing Corporation
Mumbai, Feb. 18 MCX Stock Exchange has set up a clearing corporation after getting approvals from the Securities and Exchange Board of India and the Reserve Bank ...


Columnists: G Chandrashekhar Sharad Joshi




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Markets (Feb 18)
Nifty (At close)2,776.15(+5.65)
US Dollar (Buy/Sell)49.92/93
Brent crude (a bbl) Rs1,968
Gold (a gram) Rs1,435
Silver (a kg) Rs24,565


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