AGRI-BIZ & COMMODITIES
RICE
Lalmahal Group completes 100 yrs
Lalmahal Group and 14 times winner of `Largest Exporter of Rice award from the Agriculture and Processed Food Export Development Authority (APEDA) has completed 100 years. The group was established in 1907 by (Late) Lala ...
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AQUACULTURE
Many fish species adapting to climate change: Study
Some of the commercially viable maritime fish species have begun to adapt to the climate changes and warming ocean temperatures of the Indian coastline. In a study, Dr E.Vivekanandan, Head of the Demersal Fisheries Division of Central Marine ...
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COMMODITIES
Futures not behind rise in commodity prices: MCX official
`Demand, supply behind inflation'
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PLANTATIONS
Centre to invest Rs 8,000 cr in plantation
The Centre is planning to invest around Rs 8,000 crore for the revitalisation and productivity improvement of the plantation sector covering tea, cardamom, coconut, pepper, coffee and rubber, said the Union Minister of State for Commerce, Mr ...
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RUBBER
Covering groups lift rubber prices
Spot rubber flared up on Thursday. Covering groups took initiative to lift the prices on positive overseas reports and the initial rise in domestic futures market. Eventually, the physical market failed to react in tandem with a late decline in ...
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TEA
N. Indian teas to Pak: Exporters prefer rail route to sea
Say container trains will cut transit time by half, reduce costs
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Low volumes on offer at Coonoor tea auction
A low volume of 7.39 lakh kgs has been catalogued for Sale No: 18 of the Coonoor Tea Trade Association (CTTA) here this week. This is marginally higher than the volume of 7.17 lakh kgs offered last week. Barring that, this is the lowest volume ...
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FINANCIAL PERFORMANCE
Harrisons Malayalam net up at Rs 15 cr
Audited results for Harrisons Malayalam Ltd (HML) for 2006-07 showed a growth in sales to Rs 209.21 crore against Rs 151.65 crore in the previous year, registering an increase of 38 per cent. This was achieved due to larger volume of sales as ...
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GOLD & SILVER
Reliance Money forays into gold coin retailing
Reliance Money today announced its foray into gold coin retailing with a tie-up with Valcambi SA of Switzerland. Reliance Money will now sell 24 carat 999.9 pure gold coins in denominations of 5gm and 8gm at Reliance Money and Reliance World ...
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COCONUT & COPRA
Coconut fair
THE CHIEF MINISTER, Mr V.S. Achuthanandan, the Union Minister of State for Commerce, Mr Jairam Ramesh, and the State Law Minister, Mr M. Vijayakumar, at an exhibition organised by the Coconut Development Board in Thiruvananthapuram on Thursday. ...
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CASHEW
Cashew majors form global alliance
Will cover 90% of global trade and producing capacity
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SPICES & CONDIMENTS
Commerce Ministry keen on e-auction of cardamom
Following the successful e-auction of tea at a limited level, the Department of Commerce is keen on extending e-auction to another important plantation crop, cardamom. Official sources told Business Line that a road map for implementing ...
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Pepper futures drop on correction
Pepper futures market on Thursday ruled steady to slightly easier which is seen as a correction. All the other origins also appear to be stabilising at the current levels and hence some amount of trade is expected to take place in the coming ...
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Cardamom prices up on thin supply
Cardamom prices moved up on thin arrivals during the week at auctions held in Kerala and Tamil Nadu. Prices increased by Rs 30 a kg during the week. Sold Out The total arrivals from April 27-May 2 stood at 93 ...
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MARKETING
World Bank project for marketing
The World Bank has announced a project to improve marketing system for agricultural commodities in India by roping in private sector participants. The Multi-State Agricultural Competitiveness Project (MACP) would be implemented in Rajasthan, ...
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CO-OPERATIVES
NCDC disbursed Rs 310 cr in '06-07
The National Cooperative Development Corporation (NCDC) has disbursed Rs 310 crore in Kerala in 2006-07. The corporation's cumulative disbursement in the State reached Rs 1,250 crore, according to Mr B.R. Nair, Regional Director, NCDC. The ...
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OUTLOOK
Vegoil prices may shoot up further
As growing demand is estimated to outpace supply
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