AGRI-BIZ & COMMODITIES
Technical snag: Report sought from NCDEX
The Forward Markets Commission (FMC) has sought a report from National Commodity and Derivatives Exchange Ltd (NCDEX) regarding technical problems that had forced the exchange to suspend trading temporarily on Saturday. FMC has also deputed a ...
White rice exports slow down on Pakistan factor
Parboiled shipments continue on demand from Africa
CLIMATE & WEATHER
Ogni slams into Andhra coast
Sunday's deep depression progressively churned to the status of a cyclone with a name by late into the night and crossed the Andhra Pradesh coast by Monday noon. The first of the season, Tropical Cyclone Ogni did not manage to foray much ...
Making SEZs people-friendly
To carry along all the stakeholders, especially the owners of farmlands, the Special Economic Zones Act should not only be investor-friendly but also people-friendly. Towards this end, some fine-tuning of the Act will help greatly, says BHANOJI RAO.
Spot rubber remains static
The week opened with static quotes in spot rubber. Market activities were in a low pace as the overseas markets were not encouraging. The market sustained as there were no quantity sellers since the inflow was extremely tight amidst intermittent ...
Fair demand for orthodox leaf
Total tea offerings this week amounted to 6.71-lakh kg, of which leaf grades accounted for 2.93 lakh kg and the balance accounted for dust. Demand was fair for the Orthodox leaf grades with shippers to CIS and other exporters trading actively at ...
Parry Agro net up at Rs 31.9 cr
Parry Agro Industries Ltd has more than doubled its net profit to Rs 31.89 crore on sales of Rs 22.35 crore for the second quarter ended September 30, 2006. During the corresponding period in the previous year, the company ...
Cotton consumption seen to go up: SIMA chief
Cotton textile mills in South have started entering the market to procure cotton and the mills' consumption is likely to go up this year by 5-10 per cent due to new spindle additions made in the last one year, according to Mr S.V. Arumugam, ...
Italy's illycafe to promote gourmet coffees in India
illy has a partnership with Fresh & Honest and Barista to distribute its products in India.
SPICES & CONDIMENTS
Pepper futures move up
The prices of pepper futures moved up on Monday but remained far below international prices amid allegations of manipulation. Indian parity remained at $2,675 a tonne (c&f) as against Brazil's $2,725 (f.o.b.) for B-Asta and Indonesia's $3,000 a .
Wheat MSP hiked by Rs 100
The Centre has fixed the minimum support price (MSP) of the current year's wheat crop, to be procured from April next, at Rs 750 per quintal. This is Rs 100 more than the Rs 650-per quintal price set for 2005-06. For the last year's crop, the ...
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