According to the first advance estimates of crop production for 2007-08 report that was released on Wednesday, India can expect record production in maize, oybean, cotton and sugarcane crops.
Factor added to the worries of 'Darjeeling Tea' producers was the plantations' heavy dependence on fertilisers and pesticides that were being hawked by foreign corporations.
Terminal Markets Projects will be expedited in all states that have potential for such projects, said a conference organized by the agriculture ministry.
Displacing fears of a reduced cotton harvest in Punjab, officials say the state is set to achieve its target of 26.90 lakh bales this fiscal year.
Officials in the FMC said the regulator is planning to permit active role for the state marketing federations in commodity futures trading.
According to the Kyoto protocol, one carbon credit can be earned by reducing a tonne carbon dioxide. One carbon credit is worth $10 as per the UN Framework Convention on Climate Change (UNFCC) guidelines.
Florida Department of Agriculture has decided to educating its 40,000 farmers and a number of food processing companies in the state on India's booming retail and agri sectors.
In an effort to increase the exports of spices from India, the Spices Board has set a target turnover of $880 million this financial year against $800 million last year.
The plantation sector was dominated by small growers to the extent of 60 per cent. The industry directly employed 20 million people and contributed 9 per cent of agricultural exports.
As part of this, the state government is planning to engage global diamond mining company De Beers for undertaking a detailed survey of the diamond reserves in Nuapada.
The country added $28.5 billion more debt as on March 31. But almost 10 per cent of the addition in total external debt during the year was put on exchange rate difference connected to major international currencies and a weakening US dollar.
Exporters in India are hopeful that the EU would soon lift the ban, which was imposed last month.
The disease was prevalent in the coastal belt of Alappuzha and Kollam districts of Kerala, which are the major coir producing areas in the state.
This is bound to create more trouble for the Centre on the wheat front.
Following difficulties in handling the e-auction process, the cardamom traders at Bodinayakannur, the main trading centre of the commodity, decided to boycott the e-auction from this week.
According to an official press note, the rehabilitation package has helped nine of the 17 closed tea gardens in Kerala reopen. Again five gardens are in the process of settling their accounts and will resume operations soon.
Those who possess a sound professional money management technique would win the investment game.
Commodity futures are in fashion these days not just because they are on the front lines of all business journals and panel discussions, but because they are going to dominate the investor's horizon in times to come.
Fearing large-scale excise duty evasion by pan masala and chewing tobacco units, the finance ministry has issued strict warning to the sector and told them to give details of the packing machines at their units.
Trade and Development Report 2007 prepared by Heiner Flassbeck said that commodities have created lots of opportunities globally, but developing countries will be left if they do not utilise the funds diligently.
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