The meteorological department in India has predicted that there will be normal monsoon rains next month that will result in better crops for the country's 234 million farmers.
Indian jewellery exports will now attract 6.5 per cent duty in the US.
The Ahmedabad-based Kunvarji Group has has signed with India's leading bourse, Multi Commodity Exchange of India (MCX) for offering Commodities related Training Programs in Ahmedabad.
There is good news for the Central government, which is struggling to rein in inflation. Monsoon rains were more than normal in June and the government can hope for a better kharif crop, which in turn may help reduce inflation.
Garlic export from India has come to almost nil this year. Traders attribute this trend to increased domestic demand and higher production cost here.
Even as the traders and merchants in Kerala observed a hartal against the entry of multinationals in retail sector on Wednesday, pepper Futures market also witnessed major upheavals.
United Arab Emirates is on a rice hunt now.
The Australian government has supported a proposal from Indian steel companies for acquiring equity stakes in coking coal companies and coking coal properties in the country.
Floriculture is one area Thailand corporates are eying in India now
The Tea Board has sought the help of Indian Space Research Organization to track the progress of replantation of tea bushes with the help of remote-sensing satellite.
The production cost of arecanut in India is around Rs 46 a kg. But if you import the commodity, you can get it for around Rs 13.5 a kg.
Exports of jewellery from India have gone up 32 per cent in the last two months ended May thanks to increasing demand and sale diamonds abroad.
A leading global investment advisor has warned that the commodity market bubble could burst at some stage and prices will tumble.
Global cotton prices may be hit by a record production in China this year.
India's JSW Steel has been awarded more than 5.4 million carbon credits, including four million carbon credits in the single largest issuance of emissions permits to a Kyoto Protocol project, by the United Nations.
India's bumper sugar production has caused ripples in the global market with other producers wondering whether the Indian commodity will reach their export markets in the world.
India has drawn up big plans to increase its production of basic food items to reduce its costly imports.
Yet another feather in Andhra Pradesh's crown. The state is all set to get an exclusive horticulture university.
It is double whammy for cardamom growers in Kerala's Idukki district this year.
Coffee production in India is likley to come down for the 2006-07, even as the government is taking initiatives to boost to the troubled coffee industry.
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