In a giant move, the Kanan Devan Hills Plantations company has decided to invest Rs 375 crore (Rs 3.75 billion) in Ethiopia to develop 10,000 hectares of tea plantation.
The Indian government is on a wheat buying mission. Officials said India will buy a record amount of the commodity to increase stockpiles even as the world price of wheat has skyrocketed.
In a step to study the functioning of regional exchanges and recommend measures to strengthen them, Commodity market regulator Forward Markets Commission has constituted a task force.
Despite the enormous commodity potential in developing countries, agricultural finance has been decreasing steadily over the past 20 years
Contract farming, which helps farmers reduce the risks of production and marketing, thrives in several states with governments making suitable legal provisions.
The controversy over wheat imports is refusing to die down. In yet another questionable move, the State Trading Corporation of India on Thursday
The Spices Board will take part in 13 global fairs during the current financial year.
Farmers may find it easy to avail of agriculture loans now as a group, set up by the Reserve Bank of India, has recommended changes in the loan procedures.
Cardamom auction crossed a milestone on Thursday when the first-ever e-auction of the commodity was inaugurated by Union minister of state for commerce Jairam Ramesh at Bodinayakannur.
It is an Internet-based government regulated derivatives exchange where traders can hedge against or speculate on economic events and price movements.
Worry and nervousness have gripped investors worldwide. With the outburst of sub prime issue in the United States leading to a re-pricing of risks, markets have witnessed a secular sell-off all across the world.
According to Krishi Bhawan officials in New Delhi, due to the well-distributed rainfall this monsoon, kharif production is set to rise perceptibly and consequently the net sown area will also increase.
Westward ho! That seems to be the new slogan of India's horticulture sector now.
After the Supreme Court order, the Indian government has further made the multi-location research trials of new genetically modified (GM) crops tougher.
Four months after the launch of Futures trading in polymers in India, NCDEX seems to have met with little success. The daily average volumes in PVC have been ruling around Rs 50-60 lakh
Corporate houses are adding sheen to the domestic commodity exchanges now.
Cardamom could soon be traded through an electronic system, which Spices Board says would ensure trading transparency and help small growers.
ITC Ltd has acquired the Technico Pty Ltd of Australia. The acquisition has been made through Russell Credit Ltd, a wholly owned subsidiary and investment arm of ITC Ltd.
Seeing a good market in the European Union countries, India's horticulture sector is now busy tapping this potential.
India has asked its top geological agency to explore additional reserves of 20,000 tonnes of gold and diamonds in several states in a bid to reduce the country's dependence on imported bullion.
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