AGRI-BIZ & COMMODITIES
COMMODITY EXCHANGES
NCDEX jeera body members withhold resignation
NCDEX has convinced members of the Unjha-based Jeera Product Committee to hold back their resignation for a fortnight before which it has assured to redress their grievance. "We have expressed our grievances to the exchange officials. They have ...
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CLIMATE & WEATHER
Monsoon may make early inroads into Konkan
The inaugural pulse of the monsoon has progressed north and is currently active in north Kerala and adjoining coastal Karnataka. On Tuesday, the northern limit of monsoon passed through Karwar, Chitradurg, Pamban and into adjoining Bay of ...
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INSIGHT
Basmati: Grains of confusion
Remaining rooted to the current definition of basmati rice risks ending any programme for improvement in the quality of the fine cereal. India's exporters want the Super variety notified as basmati, as Pakistan has done, with APEDA and the All India Rice Exporters' Association backing the move. India's crop scientists are also sceptical about the current definition of basmati rice which is not motivated to preserve the purity of the traditional variety or improve the evolved strain. G. SRINIVAS AN on the basmati issue.
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RUBBER
Spot rubber drops on weak sentiment
The rubber market continued to shed the gains on Tuesday. The mood was dampened as TOCOM extended Monday's losses riding on weak sentiments amidst bull liquidation. On the physical front, RSS 4 declined to Rs 88 and Rs 87.75 a kg respectively at ...
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TEA
Fair demand at Coimbatore tea auctions
The tea offerings at the weekly auction conducted at the Tea Trade Association of Coimbatore surged to 4.73 lakh kg, with leaf grades accounting for 1.77 lakh kg of the total offerings. There was fair demand for the orthodox leaf. Shippers to the ...
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Darmona Estate teas fetch better prices
Darmona Estate teas continued to fetch a good price at the auctions of the Coonoor Tea Trade Association (CTTA) this weekend, when it created yet another record. At Sale No: 21, its RD grade teas auctioned by J. Thomas and Co, fetched Rs 108 a ...
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FOODGRAINS
Centre commits Rs 25,000 cr for farm strategies
The National Development Council (NDC) today proposed a slew of measures to pep up agricultural growth. These include a new additional Central assistance commitment of Rs 25,000 crore over the next four years for State-specific farm strategies, ...
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4% farm growth feasible if we can take tough decisions: PM
States urged to draw up their own plan for agriculture
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SPICES & CONDIMENTS
Mixed trend in pepper futures
Pepper futures market on Tuesday showed a marginal increase on nearby positions while distant positions declined, as there was buying interest for the former. Currently, Indian produce remained at an advantageous position being competitive. ...
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CO-OPERATIVES
Girijan Co-op Corp urged to compete with private cos
The Girijan Co-operative Corporation here should create a brand image for its products to compete aggressively with the private companies and make its presence felt in the market, the Minister for Tribal Welfare, Mr D. Redya Nayak, has ...
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