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AGRI-BIZ & COMMODITIES

OUTLOOK: Govt raises 2008-09 foodgrain output estimates by 4 mt
Record production in wheat, rice, maize and gram. The Centre has revised upwards its foodgrain production estimates for 2008-09 by over four ...

TEA: Rains improve prospects of tea production
But July showers offer no compensation for humidity stress. Kochi, July 21 With the onset of monsoon over the tea-growing districts of North and South India in July, planters and traders are expecting an average to better crop this ...

CULTIVATION: Gujarat gearing for another record crop
Widespread rains wash away apprehension of drought. Gandhinagar, July 21 Widespread rains across Gujarat since July 14 have washed away the apprehension of drought that loomed large due to delayed monsoon this year and the State, which has seen ...

CLIMATE & WEATHER: Monsoon may shift to north-east
Central and western India will continue to receive moderate to heavy showers over the next 4-5 days as the deep depression currently over the land tracks west-northwest initially. But the system may start weakening sooner than later and track ...

SPICES & CONDIMENTS: Pepper futures dip on limited activity
The pepper futures market on Tuesday declined marginally for want of support and on ...

TEA: Back to normal
Gardens exempted: Work resumed on Tuesday in the tea gardens in Darjeeling Hills after eight days of bandh. Initially about 40 tea gardens were closed due to the strike sponsored by the Gorkha Janamukti Morcha, which is demanding a ...

SPICES & CONDIMENTS: Buying support keeps cardamom prices steady
Outlook for next crop seen better. Cardamom prices ruled steady at auctions held in Kerala and Tamil Nadu last week, while the prospects are good for the next crop as the growing areas received good showers under the influence of the South-West ...

RUBBER: Mixed trend in spot rubber
Kottayam, July 21 Physical rubber prices witnessed a mixed trend on Tuesday. Sheet rubber weakened to Rs 99 from Rs 99.50 a kg after hitting an intra-day high of Rs 100 a kg on early ...

Columnists: G Chandrashekhar Sharad Joshi




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Markets (July 21)
Nifty (at close)4,469.10 (-33.15)
US Dollar (Buy/Sell)48.42/44
Brent crude (a bbl) Rs3,138
Gold (a gram) Rs1,387
Silver (a kg) Rs23,370


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