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AGRI-BIZ & COMMODITIES

CULTIVATION: Low June rainfall may not affect eventual harvest
Good July showers are critical for a bountiful crop. New Delhi, June 26 Even as the alarm bells are ringing over the poor progress of the South-West monsoon so far, there is very little evidence to show that lack of rains in June translates into ...

POWER: 9-hour power supply for farm sector from July
Drinking water scheme for villages to be launched in August. Hyderabad, June 26 The Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara Reddy, today said the State will provide nine-hour power supply to the farm sector from July 15 as promised ...

CULTIVATION: Coverage of most kharif crops down
Area under maize, cotton, pulses increases. New Delhi, June 26 Halting progress of the south-west monsoon, which has recorded a 54 per cent seasonal deficiency so far, has led to poor sowing in most kharif ...

CLIMATE & WEATHER: IMD rain projections fail to convince US forecaster
India Meteorological Department's (IMD) rainfall projections for July and August do not make a compelling case for computational transparency, says a leading US-based ...

WATER: Water storage level drops to single digit
The water storage position in the 81 major reservoirs continues to be critical and has dropped below double digits as on ...

TEA: Lanka teas fetch highest prices
Coonoor, June 26 Sri Lankan teas fetched the world’s highest prices in the first four months of calendar year 2009, an analysis of the market reports from various auction centres reveals. Between January and April, in Colombo auctions, ...

RUBBER: Spot rubber rules steady
Kottayam, June 26 Spot rubber closed unchanged on Friday. According to observers, the market ended on a steady note following an almost similar trend in domestic futures on NMCE and sustained rains all over the plantation areas during the past ...

COTTON: Plea to continue sops for cotton exports
The Cotton Association of India (CAI), a national body representing mainly the interests of ginners, exporters and traders has represented to the Government for continuing the incentive for raw cotton ...

TEA: Mixed trend at Kochi tea sales
Kochi, June 26 Arrivals have bounced back at the Kochi tea auction and the quantity on offer at both the dust and leaf auctions moved up sharply. There was better demand from exporters and upcountry buyers for bolder grades at the dust ...

SPICES & CONDIMENTS: Pepper futures rise marginally
Kochi, June 26 The pepper futures market on Friday moved up marginally on talk of scanty rains affecting pollination in pepper resulting in lower output in the coming season, market ...

Columnists: G Chandrashekhar Sharad Joshi




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Markets (June 26)
Nifty (at close)4,375.50 (+133.65)
US Dollar (Buy/Sell)48.10/11
Brent crude (a bbl) Rs3,379
Gold (a gram) Rs1,369
Silver (a kg) Rs23,700


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