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AGRI-BIZ & COMMODITIES

METALS: 8 banks face NPAs of Rs 1,300 cr on PSU arm’s scrap woes
Chennai, July 3 Five public sector banks and three of the private sector are in danger of losing about Rs 1,300 crore, as a loan account of a public sector undertaking, STCL Ltd, has ...

RICE: Ample stocks keep rice prices steady in South
Summer crop sowing affected by power cuts in TN. Chennai, July 3 Rice prices continue to rule steady with adequate stocks and assured supplies in the southern States. Despite the delayed monsoon in the Cauvery delta and a drop in summer crop, ...

RUBBER: Cabinet nod for change in Rubber Act
The Union Cabinet on Thursday approved an amendment to the Rubber Act of 1947, which among other provisions, entails change in the definition of a small grower. The Rubber Amendment Bill would be introduced in the ensuing session of Parliament. ...

TEA: Subdued monsoon affects tea production
Exports drop but unit value gains. Kochi, June 3 Scanty rains in the tea-growing regions of both North and South India through June have affected production. “But for the last few days of June, the average rainfall in the growing regions ...

CLIMATE & WEATHER: ‘Low’ may lack sting, but monsoon largely in tact
Thiruvananthapuram, July 3 The overall picture of an entrenched monsoon continues to be in tact, though concerns are now being raised over the strength of the ‘low’ supposedly shaping up in the Bay of ...

COTTON: AP to grow cotton on 11.8 lakh hectares
Andhra Pradesh, one of the leading cotton growing States in the country, is expected to grow the crop on 11.80 lakh hectares 2009-10 as against Rs 13.98 lakh ha ...

HORTICULTURE/FRUITS & VEGETABLES: Sikkim move to develop horticulture, floriculture sectors
Gangtok, July 3 The Sikkim Chief Minister, Mr Pawan Chamling, has directed the State agriculture department to develop horticulture and floriculture sectors as an attractive ...

WATER: Water storage level improves a tad
Chennai, July 3 The water storage level in the 81 major reservoirs in the country remained critical but showed marginal improvement ...

RUBBER: Spot rubber rules steady
Kottayam, July 3 The physical rubber prices closed steady on Friday. Supply concerns and imports were the two major factors which dominated the market mood and most of the traders preferred to stay back waiting for a clear trend to set ...

AGRICULTURAL INSTITUTIONS: Short-term crops mooted to overcome monsoon delay
Hyderabad, July 3 With delayed monsoons threating farmers, the International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) has suggested a four-pronged strategy to overcome ...

SPICES & CONDIMENTS: Pepper futures fall on bearish activities
Kochi, July 3 The pepper futures market continued its fall on Friday with the prices of all contracts falling sharply on ...

DAIRY & DAIRY PRODUCTS: Israeli co to start dairy farm in AP
...

Columnists: G Chandrashekhar Sharad Joshi




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Markets (July 03)
Nifty (at close)4,424.25(+75.40)
US Dollar (Buy/Sell)47.89/90
Brent crude (a bbl) Rs3,132
Gold (a gram) Rs1,350
Silver (a kg) Rs22,390


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