The Hindu Business Line : Thursday, July 10, 2008

FOODGRAINS: 2007-08 foodgrain output estimate raised again
Projected at record 230.67 million tonnes. New Delhi, July 9 The Centre has yet again upped its estimates of foodgrains and oilseeds production during 2007-08. ...

AQUACULTURE: Diesel short supply hits fishing operations at Vizag harbour
Visakhapatnam, July 9 Diesel short supply is hitting the fishing operations in the Visakhapatnam fishing harbour and rationing system is being followed, with the recent two-day strike of truckers also compounding the ...

AGRICULTURAL POLICY: Centre scraps import duty on raw cotton
1% drawback benefit on cotton export withdrawn. New Delhi, July 9 Bowing to the demands of the domestic spinning industry, the Centre has scrapped basic customs duty as well as special additional duty of customs (SAD) on raw cotton imports ...

TEA: Price realisation of tea up on demand
Exports show improvement; production hit in May. Chennai, June 9 Re-emergence of demand for tea from merchant exporters and fall in production have led to a Rs 10 a kg increase in price realisation during May this year compared with last year. ...

CLIMATE & WEATHER: Monsoon stays muted over peninsula
Thiruvananthapuram, July 9 Tuesday’s well-marked ‘low’ was traced to over Jharkhand and neighbourhood on Wednesday presiding over a vigorous rain session in east, northeast and northwest India even as the monsoon continued ...

COTTON: Cotton prices likely to fall on zero import duty
Chennai, July 9 Cotton prices in the domestic market are set to decline with the Union Government scrapping the 14 per cent duty on import of cotton yielding to the long-time demand from the textile ...

FARM CREDIT: Loan waiver: 24,287 gain in Dakshina Kannada
The Agricultural Debt Waiver and Debt Relief Scheme announced by the Union Government has helped 24,287 farmers in Dakshina Kannada district. ...

RUBBER: Spot rubber declines further
Kottayam, July 9 The rubber market fell further on Wednesday. RSS 4 moved down to Rs 130 from Rs 131.50 a kg on sustained selling from dealers. ...

OILSEEDS & EDIBLE OIL: Vegoil market poised for correction
Mumbai, July 9 Ahead of the US Department of Agriculture supply/demand report scheduled for July 11, and looking at the slowly changing market fundamentals, widespread belief is developing that the vegetable oil market is poised to face a ...

NON-CONVENTIONAL ENERGY: TNAU gets W. Australia aid for identifying biofuel plants
Chennai, July 9 Indian agriculture scientists are to identify oil-rich species of drumstick trees for cultivation in Western Australia’s biofuel and cosmetic ...

TEA: 30-month high offerings at Coonoor tea auction
Coonoor, July 9 An analysis of the catalogues of the brokers reveals that a huge volume of 15.40 lakh kg will be offered at Sale No: 28 at the Coonoor Tea Trade Association (CTTA) auctions to be held tomorrow and Friday. ...

COMMODITY EXCHANGES: NMCE to launch new guarseed, turmeric contracts
Ahmedabad, July 9 The National Multi-Commodity Exchange (NMCE) is launching new series for futures contract in guar seed and turmeric with effect from tomorrow. ...

COTTON: Cotton export ceiling may hurt farmers
Mumbai, July 9 The Government deserves to be complimented on its resolve not to ban export of cotton, despite tremendous pressure from the textiles lobby. News has just come in that customs duty of 10 per cent on cotton imports has been ...

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