The Hindu Business Line : Wednesday, May 20, 2009

AGRI-BIZ & COMMODITIES

SPICES & CONDIMENTS: Dip in cloves output due to erratic weather
Production in most plantations has dropped by 60-80% this year. Erratic weather last year has hit the cloves crop severely leading to a sharp fall in 2009 output in Kerala and Tamil Nadu, the two main growing areas of this aromatic spice in ...

EVENTS: US institute hails Gujarat’s efforts to boost farm sector
Two-week-long Krishi Mahotsav begins today. Gandhinagar, May 19 As Gujarat celebrates the fifth Krishi Mahotsav from May 20, a proactive government role in developing the agriculture sector through investments in infrastructure, irrigation ...

CLIMATE & WEATHER: Cyclone threat as monsoon onset countdown begins
Thiruvananthapuram, May 19 The southwest monsoon is expected to make an onset over the south Andaman Sea and adjoining south Bay of Bengal within the next 24 hours, India Meteorological Department (IMD) said on ...

SPICES & CONDIMENTS: Cardamom prices up on thin arrivals, strong demand
Cardamom prices continued their upsurge last week at all auctions held in Kerala and Tamil Nadu on thin arrivals and good ...

RUBBER: Spot rubber flares
Kottayam, May 19 The physical rubber prices flared up on Tuesday. Moderate gains on NMCE rubber futures and the predictions on a fast approaching monsoon took the prices to the higher side even though there were no major consuming industries ...

TEA: Confusion over e-auction of dust tea
Kochi, May 19 The Tea Buyers Association has alleged that the Dust Tea Auction (Sale No. 19) was paralysed because of the decision of the Tea Board authorities to go ahead with the implementation of 100 per cent e-auction in Kochi from ...

TEA: Q1 tea import bill up 98%
In the first quarter of calendar 2009, India’s tea import bill has risen by Rs 19.78 crore over the same period of last year as more volume has been imported at a ...

INSIGHT: And now, differential negative subsidies
I have maintained over the last 30 years that Indian agriculture has suffered from the burden of negative subsidies in the post-Independence period, with the possible exception being during the NDA regime ...

Columnists: • G Chandrashekhar • Sharad Joshi

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Markets (May 19)

Nifty (at 03.30 pm)	4,318.15(-05.25)
US Dollar (Buy/Sell)	47.78/80
Brent crude (a bbl) Rs	2,476
Gold (a gram) Rs	1,364
Silver (a kg) Rs	22,250

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