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AGRI-BIZ & COMMODITIES

OUTLOOK: Edible oil prices likely to rise in medium term
Falling palm oil inventories, higher crude oil seen factors. Chennai, May 8 Prices of cooking oils, which have increased by between Rs 3.50 and Rs 11.60 a kg since March 1, are likely to increase further in the ...

COMMODITIES: Inflation rate rises to 0.70% on costlier food
Wholesale Price Index for all commodities at 230.7. New Delhi, May 8 The annual Wholesale Price Index-based inflation rose 0.70 per cent during the week ended April 25, above the previous week’s annual rise of 0.57 per cent, Government ...

TEA: S. India tea output seen lower in April on inadequate showers
January-March production down 8 million kg. Kochi, May 8 Insufficient summer rains so far this year is likely to keep the South Indian tea production low even in April like the first three months of the ...

AGRICULTURAL INSTITUTIONS: ICAR’s market intelligence cells
A project to disseminate relevant market intelligence information to farmers and entrepreneurs has been proposed under the ICAR’s National Agricultural Innovation Project. Under this project, awarded to the Centre for Agricultural and ...

CLIMATE & WEATHER: Fresh westerly promises to cap mercury yet again
Thiruvananthapuram, May 8 A fresh western disturbance is forecast to affect northwest India on Saturday and Sunday, once again capping the mercury seeking to square up after the passing of a predecessor ...

AQUACULTURE: Higer catch
...

RUBBER: Spot rubber rules steady
Kottayam, May 8 Spot rubber prices continued to rule almost unchanged on Friday. The lack of confidence in domestic futures and the declining volumes in the physical markets combined to keep the sentiments neutral in a comparatively dull ...

TEA: Nilgiris tea output dips 25%
Coonoor, May 8 In the first four months of this year, 25-28 per cent reduction in tea production has been reported from different agro-climatic zones of the Nilgiris, the largest tea producing district in the ...

SPICES & CONDIMENTS: Pepper futures close lower on volatility
Kochi, May 8 The pepper futures market on Friday witnessed high volatility with the prices moving up and down and eventually closing below ...

Columnists: G Chandrashekhar Sharad Joshi




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Markets (May 08)
Nifty (at close)3620.70(-63.20)
US Dollar (Buy/Sell)49.33/35
Brent crude (a bbl) Rs2,752
Gold (a gram) Rs1,354
Silver (a kg) Rs23,540


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