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AGRI-BIZ & COMMODITIES

POLICY: Govt mulls subsidised pulses distribution
New Delhi, Aug. 22 The Government is toying with the idea of launching a scheme for the supply of four lakh tonnes of subsidised pulses, with a subsidy component of Rs 10,000 a tonne (Rs 10 a kg). ...

CULTIVATION: Kharif oilseeds area crosses last year’s level
Pulses, coarse cereals, sugarcane coverage lags behind. New Delhi, Aug. 22 Kharif oilseed plantings this year have finally crossed last year’s corresponding levels. According to the Agriculture Ministry’s latest crop weather watch ...

CLIMATE & WEATHER: Early signals favour normal N-E monsoon
Thiruvananthapuram, Aug. 22 Medium-term forecasts suggest a spurt in rainfall for the extreme southern peninsula towards the month-end even as advance predictions pointed toward a normal northeast monsoon (or reverse monsoon) from ...

TEA: Kanan Devan plans tea operations in Ethiopia
Tata Tea pursues foreign investment opportunities. Kolkata, Aug. 22 Kanan Devan Hills Plantation Company Pvt Ltd (KDHP), in which Tata Tea Ltd (TTL) holds 20 per cent equity stake, is looking for opportunities in Ethiopia. This follows ...

PLANTATIONS: Pacts signed to promote coffee, rubber farming in tribal areas
Hyderabad, Aug. 22 With a view to making rubber, coffee and cashew an attractive income proposition for tribals along the Eastern Ghats and in the north Telangana, the Union Government has facilitated two memoranda of understanding that ...

RICE: Kerala CM opposes move for open market sale of rice
‘It will ruin the PDS’. The Kerala Chief Minister, Mr V.S. Achuthanandan, has come down heavily on the Centre’s decision to sell rice in the open market through a tendering ...

OUTLOOK: Call to set up expert panel to implement Kuttanad package
Constitution of a multi-disciplinary autonomous body comprising experts and technocrats from relevant fields, having good background knowledge of Kuttanad, is essential for the effective and timely implementation of the Centre’s Rs ...

POLICY: Bio-fuels to be brought under the ambit of ‘declared goods’
Implementation of 10% ethanol blending likely next year: Pawar. New Delhi, Aug. 22 The Government is pushing to implement the deadline for implementing mandatory blending of 10 per cent ethanol in petrol to next year. The Union Minister for ...

AQUACULTURE: Falling yield


RUBBER: Spot rubber continues to rule steady
Kottayam, Aug. 22 Spot rubber continued to rule steady on Friday. A sharp recovery in Japanese indices followed by strong gains in oil and precious metals futures failed to cheer the domestic scene. ...

SPICES & CONDIMENTS: Bears pull down pepper futures
Kochi, Aug. 22 Pepper futures market on Friday witnessed high volatility and closed below Thursday’s close on bearish activities. September contract declined by Rs 48 a quintal to Rs 14,430, below the spot price of Rs 14,500 for MG 1. ...

TEA: Mixed trend at Kochi tea auction
Kochi, Aug. 22 Good support came from the domestic market players at the Kochi tea auction even as inter-State buyers operated mainly in CTC bolder dust and leaf varieties. Exporters were less active at the current levels and restricted their ...





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Markets (Aug 22)
Nifty (at close)4327.45(+43.60)
US Dollar (Buy/Sell)43.43/44
Brent crude (a bbl) Rs5,196
Gold (a gram) Rs1,115
Silver (a kg) Rs20,940


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