According to various meteorological reports from different countries, a raging typhoon in the West Pacific has apportioned a part of the southwesterly flow to itself, denying the Arabian Sea required moisture to flag off the monsoon in Kerala.
In an effort to make awareness among farmers about the benefits of Futures trade in commodities, NCDEX and Forward Market Commission jointly organised an awareness programme here recently.
Procurement of food grains is the new sector where outsourcing is soon going to get a foothold.
India's share in the world market for basmati rice is about 53 per cent, said the government on Friday.
India, the world's second-biggest wheat consumer, may import up to 5 million tonnes of wheat this year, said Union agriculture minister Sharad Pawar a few days ago.
The downfall in sugar prices is continuing with the rates bound to slide at least Rs 50 a quintal by the month-end.
Global coffee exports have seen a major jump in the first six months of the current crop year.
Soon, farmers in India will be equipped to check out the futures prices of commodities in their villages.
Abhijit Sen committee, appointed by the government to look into the impact of futures trading on farm commodity prices, has got an extension of two months.
Exporters of commodities from India are facing a strange situation now.
India plans to launch electronic auction of spices by July this year as part of efforts by the Spices Board to make the country a global hub for processing and marketing of spices.
American wheat may find its way to India again following an Indian government delegation's visit to the US to sort out differences in quality control.
Red chillies are not at all hot these days if the dwindling price of the commodity is of any indication.
The India Meteorological Department's forecast of early monsoon has come as a respite for the Central government, which has been drawing flak from all corners for its failure to rein in inflation.
Vanilla seems to be the flavour of the season, if you go by the claims made by Vanilla India Producers Company recently.
Organic aquaculture is all set to spread its wings in India. As a right step in this direction, the country will soon become the first in the world to produce certified organic scampi.
Iran-Pakistan-India gas pipeline project has been found technically possible but its economic viability will depend on the price at which Tehran sells the fuel, said Minister of State for Petroleum and Natural Gas Dinsha Patel.
Nearly six months after New Delhi and Beijing signed a protocol to facilitate the export of Indian basmati rice to China, rice exporters are here in an upbeat mood.
Following news of bird flu outbreak in a poultry farm in West Bengal's Darjeeling, Bhutan is mulling a ban on import of chicken meat and eggs from India.
India's Agriculture Minister Sharad Pawar admitted in the Parliament that the procurement of wheat is slow, and time-consuming.
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