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AGRI-BIZ & COMMODITIES

WATER: Water storage level drops to 5-year low
34% deficient rainfall; level of only 6 reservoirs above 40%. Chennai, June 3 With the progress of monsoon stalling after having arrived eight days ahead, the storage position in the 81 major reservoirs in the country is at a five-year low, ...

CULTIVATION: Kharif farming
...

COTTON: EU to continue support for Oxfam project
Bangalore, June 3 The European Commission has made a financial commitment of €750,000 for a project to improve the livelihood and working conditions of cotton farmers, weavers and garment makers in South ...

CLIMATE & WEATHER: Bay ‘low’ put off by another day
The India Meteorological Department (IMD) has delayed by one more day the anticipated formation of a low-pressure area over north Bay of ...

SPICES & CONDIMENTS: Pepper futures rise
Kochi, June 3 Pepper futures market on Wednesday witnessed high volatility and closed ...

PLANTATIONS: Arecanut being smuggled through Nepal, say traders
Smuggling of arecanut is allegedly rampant along the country's borders with Nepal to cover a shortfall in supply of an estimated one lakh tonnes annually. This is depriving the nation of substantial revenue by way of ...

TEA: Lack of buyers weakens spot rubber prices
Kottayam, June 3 Spot rubber turned weak on Wednesday. The market failed to sustain at higher levels after a firm start lacking quantity buyers from major ...

TEA: Higher tea volume on offer at Coonoor sales
Coonoor, June 3 A volume of 15.20 lakh kg has been catalogued for Sale No: 23 at the Coonoor Tea Trade Association’s auctions to be held on Thursday and Friday. This is the highest volume so far in ...


Columnists: G Chandrashekhar Sharad Joshi




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Markets (June 3)
Nifty (at close)4,530.70(+5.45)
US Dollar (Buy/Sell)47.07/08
Brent crude (a bbl) Rs3,169
Gold (a gram) Rs1,386
Silver (a kg) Rs25,595


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Life



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