AGRI-BIZ & COMMODITIES
COMMODITY EXCHANGES
NMCE sees rise in warehouse receipts volume
THE volume of warehouse receipts (WR)-based trading on the National Multi-Commodity Exchange (NMCE) has increased rapidly in the recent past. "Central Warehousing Corporation (CWC), lead promoter of NMCE, has so far issued about 5,000 WRs and ...
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ANIMALS & LIVESTOCK
Fresh ban on import of livestock products
THE Government has re-imposed the ban on import of livestock and livestock products into the country, following reports of fresh outbreak of Avian Influenza or bird flu from Thailand, Vietnam, China and Indonesia. In a notification, dated ...
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INFORMATION TECHNOLOGY
Village info centre set up in Medak
A Village Information Technology (IT) Centre, to apply the resources of the Web and bring latest technologies to the farmers at a faster and cheaper rate, has been established at Gummadidala in Medak District of Andhra Pradesh. The Indian ...
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E-commerce solution for AP commodity traders
RUBBER
Ungraded rubber sheds 50 paise
THE sentiments appeared slightly negative on Monday though spot rubber rates were almost steady. The only loser was ungraded rubber, which lost 50 paise in the absence of fresh enquiries. Major buyers are waiting for arrivals to improve. ...
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Port restriction on natural rubber imports scrapped
THE United Progressive Alliance Government has done away with the mandatory port restriction on import of natural rubber into the country. Import of natural rubber will now be allowed through all ports for export oriented units and domestic ...
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Rubber Board proposal to encourage use of `cup lump'
WITH a view to improving the quality and quantity of technically specified rubber (TSR), the Rubber Board and tyre manufactures have come together with a proposal to encourage use of `cup lump' for TSR production. Currently TSR (or block ...
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TEA
Upasi to urge Govt to allow freedom in tea marketing
THE United Planters' Association of Southern India's (Upasi) delegation will call on the Union Commerce Minister, Mr Kamal Nath, in New Delhi on Tuesday to seek the continuation of freedom in marketing in the tea industry. "We are concerned ...
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METALS
Divergent trend seen in metal prices
EVEN in the best of times forecasting commodity prices is a rather tricky business. And now, with so much uncertainty in the global markets, including geo-political concerns that surface from time to time, it has become almost hazardous. No ...
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AGRICULTURAL INSTITUTIONS
Nabard staff on warpath
COTTON
Cotton may gain from rains in growing areas
COTTON production is seen unaffected by a dry spell during July but excess rainfall could lead to pest attacks in growing States, key industry sources have said. "The rainfall in the growing areas last week could help the crop in Maharashtra, ...
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POULTRY
Venkateswara group to set up bird breeding farm in West Bengal
THE Venkateshwara Hatcheries group is setting up a green field grandparent bird-breeding farm in West Bengal. The project, being taken up at an estimated cost of Rs 5 crore, will help the group tap the huge existing demand for breed stock in ...
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