AGRI-BIZ & COMMODITIES
RESEARCH & DEVELOPMENT
Call to rejuvenate farm research institutions
LOW productivity is a major issue for our country reputed to be the largest producer, consumer and exporter of a variety of spices. Research institutions engaged in promotion of spices, herbs and medicinal plants must become accountable, ...
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RUBBER
Bull domination in rubber market
The gap between the demand and supply positions widened as the covering groups and purchase agents continued to chase the sellers. According to dealers from village markets, the availability of the raw material remained sparse though intensified ...
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TEA
Tea prices continue to drop at Coonoor
FOR the fourth consecutive week, tea prices dropped this weekend when a volume of 12.04 lakh kg teas was offered for sale at the auctions conducted by the Coonoor Tea Trade Association (CTTA). While the prices generally dropped Rs 3 a kg, there ...
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METALS
New import norms for metal scrap
THE Finance Ministry and the Directorate General of Foreign Trade (DGFT), it appears, have at last buried their differences over the import policy on metallic scrap. The Revenue Department and the Department of Commerce had locked horns over ...
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COTTON
Pawar, Vaghela to discuss decline in cotton prices
THE decline in cotton prices and steps to prop it up will be discussed in detail at a meeting between the Union Agriculture and Food Minister, Mr Sharad Pawar, and the Union Textiles Minister, Mr Shankersinh Vaghela, in New Delhi on ...
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OILSEEDS & EDIBLE OIL
COMMODITY COMMENTARY
Why flog insignificant issues on import of edible oils?
SHOULD edible oil importers be unduly concerned about the twin-issues of carotenoid content in palm oil and tariff values on edible oils that they claim are hurting their business? A look at the import data shows there has been no let up in ...
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SOPA prunes crop output to 72 lakh t
THE Indore-based Soybean Processors Association of India (SOPA) has pruned the soyabean crop estimate by 1.038 lakh tonnes at 72.078 lakh tonnes (lt) for this season from the initial estimate of 73.12 lt. The main reason for downsizing is ...
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COFFEE
Starbucks in pact with Tata Coffee for arabicas
TATA Coffee Ltd has signed an agreement with the world's leading coffee-café chain Starbucks to supply arabica coffee beans. Starbucks would be paying a premium of 40 per cent over global market prices, said Mr M.H. Ashraff, Managing Director, ...
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AGRICULTURAL POLICY
AP, Kenya mull cooperation in farming sector
A PROPOSAL to forge a partnership between Andhra Pradesh (AP) and Kenya in the field of agriculture is under active consideration of both the Governments. The High Commissioner of Kenya, Mr Mutuma Kathurima, who discussed the proposal with the ...
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NATURAL CALAMITIES
AP seeks Rs 1,200 cr for drought relief
THE Chief Minister, Dr Y.S. Rajasekhara Reddy, has sought an immediate assistance of Rs 1,200 crore and 22.5 lakh tonnes of rice from the Centre for undertaking drought relief measures in the State. Of this, Rs 350 crore was sought for providing ...
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TRENDS
Praj Ind develops tech to process sweet sorghum for alcohol production
The company is initially launching the technology in Tamil Nadu, which recently announced a policy to encourage sweet sorghum as an alternative to water- intensive crops such as sugarcane.
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