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Cheaper fuel pulls down inflation rate to 8.4% (05 December 12:00) |
| New Delhi, Dec. 4 The annual Wholesale Price Index-based inflation rose 8.4 per cent for the week ended November 22, lower than the previous week’s annual rise of 8.84 per cent. |
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Demand for Indian tea in Pakistan on the rise (05 December 12:00) |
| Chennai, Dec. 4 Despite Pakistan being blamed for last week’s terrorist attack in Mumbai that claimed nearly 200 lives, the tea industry sees better demand for the beverage from the |
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Tea e-auctions here to stay (05 December 12:00) |
| Traders gather around wooden desks in a dusty auditorium, pouring over thick catalogues describing tea chests. A broker seated at the front of the room calls out prices in a quick, rolling v... |
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Seafood exporters urged to focus on value-added products (05 December 12:00) |
| Kochi, Dec. 4 Value-added marine exports should grow by at least 10 per cent a year in order to take Indian seafood exports to $4 billion by 2012, Mr G. Mohan Kumar, Chairman of the Marine P... |
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Bay storm threatens to hit Lanka (05 December 12:00) |
| Thiruvananthapuram, Dec. 4 India Meteorological Department (IMD) has said that Wednesday’s low-pressure area over southeast Bay of Bengal concentrated into a depression (numbered 07B) 630... |
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Arrivals surge at Kochi tea auction (05 December 12:00) |
| Kochi, Dec. 4 Arrivals of both dust and leaf grades continued to be high at the Kochi Tea Auction and prices continued to gravitate lower. |
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Numero Uno (05 December 12:00) |
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Spot rubber declines further on global cues (05 December 12:00) |
| Kottayam, Dec. 4 The domestic spot rubber surrendered further on Thursday. The prices fell on an almost panic selling from dealers and growers following sharp declines in global indices. She... |
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Futures trading resumes in 4 commodities (05 December 12:00) |
| Mumbai, Dec. 4 Belying subdued response, the four commodities – chana, potato, soyoil and rubber – in which futures trading was re-launched, received good trading interest with potato on... |
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Shrimp farmers seek compensation (05 December 12:00) |
| Chennai, Dec. 4 The recent cyclone has destroyed over 1,000 ha shrimp farms and farm infrastructure and machinery estimated at about Rs 150 crore, according to a press release from the Prawn... |
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Mills, cane growers in TN headed for face-off (04 December 12:00) |
| Chennai, Dec. 3 Sugar mills and farmers in Tamil Nadu appear to be headed for a face-off on sugarcane prices, which have fallen far short of farmers’ expectations. |
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CM calls for monthly cultivation targets for vegetables in State (04 December 12:00) |
| Hyderabad, Dec. 3 The Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara Reddy, has asked the Horticulture Department to submit month-wise targets of various vegetables to be cultivated in t... |
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Fertiliser importers lose out even in declining price situation (04 December 12:00) |
| New Delhi, Dec. 3 Crashing international prices normally spell good times for importers. |
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Global mill use of cotton set to slide (04 December 12:00) |
| Mumbai, Dec 3 For the first time in recent years, global mill use of cotton is set to show a sharp decline in 2008-09. This is the result of a combination of factors including slowing global... |
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Bay ‘low’ materialises, seen tracking west (04 December 12:00) |
| Thiruvananthapuram, Dec. 3 India Meteorological Department (IMD) has said the anticipated low-pressure area has materialised over the southeast Bay of Bengal on Wednesday evening, which is ... |
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Day’s work (04 December 12:00) |
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Rubber prices decline further (04 December 12:00) |
| Kottayam, Dec. 3 The rubber prices fell further on Wednesday. The sentiments were hammered by the sharp decline in RSS 3 (spot) to Rs 65.06 from Rs 70.16 a kg at Bangkok. |
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Jute mills unions urged to withdraw stir (04 December 12:00) |
| Kolkata, Dec. 3 Indian Jute Mills Association (IJMA), the body of jute mills owners, has appealed to the unions to withdraw the strike in jute mills, which entered the third day on Wednesda... |
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Egg exports to Gulf hit on N-E bird flu outbreak (03 December 12:00) |
| Chennai, Dec. 2 The bird flu scare in the north-east has affected the table egg exports from Namakkal to a few Gulf nations once |
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Oceanaa in pact for shrimp hatchery (03 December 12:00) |
| Chennai, Dec. 2 Oceanaa Group’s Oceanic Edibles International Ltd has signed a tripartite pact with Indian Overseas Bank and a group of farmers for shrimp hatchery. |
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‘Rice intensification movement being adopted in several States’ (03 December 12:00) |
| Coimbatore, Dec. 2 “System of Rice Intensification (SRI) is not a technology. It is a movement that is being promoted extensively. Unfortunately, there is no lobby to push it because the f... |
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Rubber futures relaunch opposed (03 December 12:00) |
| Kochi, Dec. 2 Protesting against the resumption of futures trading in rubber, the Cochin Rubber Merchants Association has said futures trading in the commodity will not solve any problems, b... |
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Model runs discount cyclone threat for TN (03 December 12:00) |
| Thiruvananthapuram, Dec. 2 International models have lately tended to mark down the intensification prospects of a brewing low-pressure area in the Bay of Bengal but see a wet cover unfoldi... |
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Campco plans wind energy production (03 December 12:00) |
| Central Areacanut and Cocoa Marketing and Processing Cooperative (Campco) Ltd is treading an unusual path to become self sufficient in power consumption. The cooperative will be setting up a... |
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Spot rubber down on global cues (03 December 12:00) |
| The market seemed to be reacting closely to the continuous declines in the international markets. RSS 4 moved down to Rs 66 from Rs 67 a kg as covering groups remained inactive expecting fur... |
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PepsiCo to step up contract farming efforts (03 December 12:00) |
| New Delhi, Dec. 2 PepsiCo will stop exports of basmati, which it has been growing since 1995-96 under the contract farming initiatives it undertakes. |
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‘Nod for futures in four commodities in a day or two’ (03 December 12:00) |
| Mumbai, Dec. 2 Four commodity exchanges – NCDEX, MCX, NMCE and National Board of Trade – have moved the commodity markets regulator Forward Markets Commission (FMC) to restart futures tr... |
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Lessons from Mumbai siege (03 December 12:00) |
| As a Member of Parliament representing Maharashtra in the Rajya Sabha it would be vain to claim that I am composed while writing this column (November 30). I was very upset at what happened ... |
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Bourses await FMC nod to resume futures in 4 commodities (02 December 12:00) |
| Mumbai, Dec. 1 The ban on futures trading in four agriculture commodities – soy oil, channa, potato and rubber – lapsed on Monday. Commodity market regulator, Forwards Markets Commission... |
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Nabard sanctions Rs 298 cr (02 December 12:00) |
| Hyderabad, Dec. 1 The National Bank for Agriculture and Rural Development (Nabard) has sanctioned Rs 298.46 crore loan assistance to Andhra Pradesh Government to undertake 127 roads, two bri... |
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IMD sees fresh buzz in southeast Bay (02 December 12:00) |
| Thiruvananthapuram, Dec 1 India Meteorological Department (IMD) has notified the possibility of a fresh low-pressure area springing up over southeast Bay of Bengal by Wednesday and its subs... |
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Biometric cards for fishermen (02 December 12:00) |
| Mangalore, Dec. 1 Biometric smartcards will be made compulsory for sea-going fishermen in coastal Karnataka from January 1. |
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Vast work area (02 December 12:00) |
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Spot rubber prices mixed (02 December 12:00) |
| Kottayam, Dec. 1 Physical rubber prices showed a mixed mood on Monday. According to observers, sheet rubber firmed up on covering purchases amidst extremely low arrivals. Another sharp decli... |
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Wins insurance award for innovation (02 December 12:00) |
| New Delhi, Dec. 1 Agriculture Insurance Company of India Ltd (AICIL) has won the innovation of the year award at the 12th Asia Insurance Industry awards ceremony held in Hong Kong recently.... |
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Demand for select quality liquoring teas at Kolkata auctions (02 December 12:00) |
| Kolkata, Dec. 1 Last week, selected liquoring teas maintaining quality continued to meet with good demand and sold well, particularly dust teas which often appreciated, according to tea auc... |
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Allow futures trading after lifting physical market restrictions (02 December 12:00) |
| There is heightened expectation in the commodity trading circles about the revival of futures trading in at least four commodities – potato, soya oil, chana and rubber. Suspension of tradi... |
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Basmati segment faces payback time (01 December 12:00) |
| New Delhi, Nov. 30 With more than Rs 8,000 crore invested in paddy purchases this season, and against which there are hardly any export orders, basmati millers are in deep trouble. A far cry... |
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Producers respond to low prices with output cuts (01 December 12:00) |
| Grave concerns over continued global economic slowdown and reports that the world may already be in recession have resulted in heavy reductions in demand for a range of commodities. Supply r... |
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Pepper futures recover on good buying support (01 December 12:00) |
| Kochi, Nov 30 Pepper futures market witnessed high volatility during the week with the prices dropping sharply on selling pressure and bearish activities and then recovering during the weeke... |
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Gold futures to consolidate (01 December 12:00) |
| Gold futures, ended moderately higher on Friday helped by a recovery in the US equity markets which an economic indicator. Markets will also be eyeing the next week’s US manufacturing, pay... |
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Nabard credit plan for Tirunelveli (01 December 12:00) |
| The Potential Linked Credit Plan (PLCP) for Tirunelveli district has envisaged an outlay of Rs 1,689.84 crore for 2009-10. The Nabard prepared plan has provided an allocation of Rs 437 crore... |
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STC confident of dealing with declining commodity prices (01 December 12:00) |
| New Delhi, Nov. 30 Unfazed by the declining trends in commodity prices the world over, which have buffeted the commodity trading companies, the Rs 16,000-crore State Trading Corporation (ST... |
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Wet weather on as cyclone remnant lingers (01 December 12:00) |
| Thiruvananthapuram, Nov. 30 A remnant circulation from erstwhile cyclone Nisha lingered over the east-central and adjoining southeast Arabian Sea off the Karnataka-Konkan-Goa coasts on Sund... |
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World wheat output seen lower in 2009 (01 December 12:00) |
| Mumbai, Nov. 30 Low world wheat prices – currently quoting around $200 a tonne or even less – are expected to affect planting for 2009. Much of the reduction is likely to happen in the d... |
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Coirfed in recast mode (01 December 12:00) |
| The ongoing process of restructuring the Kerala State Cooperative Coir Marketing Federation Ltd (Coirfed) will be completed soon, said the Minister for Cooperation and Coir, Mr G. Sudhakaran... |
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Happy harvest (01 December 12:00) |
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Poppy seeds prices down on supply glut (01 December 12:00) |
| Kochi, Nov. 30 The current financial crisis world over seems to have impacted almost all the commodities in the global market with the prices of spices such as pepper, cardamom poppy seeds ... |
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Tea prices fall at Coonoor sale (01 December 12:00) |
| Coonoor, Nov. 30 Prices generally dropped by Rs 4 a kg at Sale No: 48 of the Coonoor Tea Trade Association (CTTA) auctions on Friday despite the offer of 14.97 lakh kg being 3-week low as de... |
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Platinum prices may decline to $700/oz (29 November 12:00) |
| Chennai, Nov. 28 If the current crisis in the commodity market continues, platinum prices could drop to as low as $700 an ounce in the coming months as investors would prefer to cash to othe... |
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