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AGRI-BIZ & COMMODITIES

CULTIVATION: ‘Below normal’ monsoon may delay kharif sowing
54% deficit rainfall so far; July, August offer hope. New Delhi, June 24 The India Meteorological Department (IMD) has downgraded its South-West monsoon rainfall forecast for the country to “below normal” from the earlier “near ...

TEA: Truant monsoon adds to tea production woes
Below normal rains in May seen widening supply deficit. Kochi, June 23 With the monsoons continuing to play truant, major shortfalls are expected in the country’s tea ...

CLIMATE & WEATHER: Scanty rainfall causes worry among farmers
Kharif crops, reservoirs in AP threatened. With the monsoon playing truant and reservoirs showing steep fall in water levels, farmers in Andhra Pradesh fear that the prospects of their kharif crops would be severely hit this ...

DAIRY & DAIRY PRODUCTS: Amul ranks among top 21 global dairy biz cos
Anand, June 24 Amul has been ranked among the top 21 largest dairy businesses in the world according to the findings published by the International Farm Comparison Network (IFCN) at the 10th IFCN Dairy Conference 2009, held at Stockholm ...

OILSEEDS & EDIBLE OIL: K S Oils buys 14,000 ha oil palm plantation in Indonesia
Chennai, June 24 K S Oils Limited, an edible oil player listed on the BSE and the NSE, has acquired 14,000 hectares of oil palm plantation in Indonesia for an undisclosed sum through its wholly-owned Singapore subsidiary K S Natural ...

INFRASTRUCTURE: Reddy asks officials to speed up irrigation projects
The Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara Reddy, today directed officials of the Irrigation Department to expedite projects as their completion has direct bearing on the agriculture sector and the Gross State Domestic ...

CLIMATE & WEATHER: Monsoon advances into Mumbai, south Gujarat
Surge likely to last till July 10. Tuesday’s deep depression crossed the south Gujarat coast and weakened, but brought in monsoon rains past Mumbai and to the immediate ...

AQUACULTURE: No fishing
...

RUBBER: Spot rubber rules steady
Kottayam, June 24 Spot rubber was steady on Wednesday. The sentiments were neutral as there were no active participants in the main marketing centres to set the ...

SPICES & CONDIMENTS: Pepper futures recover on buying support
Kochi, June 24 Pepper futures market on Wednesday recovered and closed higher on good ...

TEA: Higher volume on offer at Coonoor tea sale
A volume of 17.22 lakh kg has been catalogued for Sale No: 26 of the auctions of Coonoor Tea Trade Association to be held on Thursday and Friday, an analysis of brokers’ offer ...

COMMODITY EXCHANGES: NMCE in talks with PEs to raise Rs 50 cr for expansion
India’s first demutualised electronic commodity exchange set up in 2002, National Multi-Commodity Exchange of India Ltd (NMCE), is talking to three private equity (PE) players in the country to raise Rs 50 crore via fresh equity this ...

Columnists: G Chandrashekhar Sharad Joshi




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Markets (June 24)
Nifty (at close)4,292.95 (+45.95)
US Dollar (Buy/Sell)48.55/56
Brent crude (a bbl) Rs3,180
Gold (a gram) Rs1,348
Silver (a kg) Rs22,360


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