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India allows limited wheat export, no subsidy India has allowed the export of 900,000 tonnes of wheat by state-run firms and 650,000 tonnes of wheat products by private trade as monsoon rains revived after a dry spell.More Cabinet nod for change in Rubber Act The Union Cabinet on Thursday approved an amendment to the Rubber Act of 1947, which among other provisions, entails change in the definition of a small grower. More Subdued monsoon affects tea production Scanty rains in the tea-growing regions of both North and South India through June have affected production. "But for the last few days of June, the average rainfall in the growing regions haveMore Buffer stocks will help sail through bad monsoon Despite a truant monsoon, the pain of lower rains is manageable, believe researchers. Notwithstanding a grain shortage that is likely to push up prices of main commodities such as rice, sugarcane andMore Economic Survey suggests commodity futures market reforms The 2008/09 economic survey has suggested lifting ban on some commodity future contracts, removal of proposed transaction tax and passage ofMore MCX launches gasoline futures MCX has launched futures trading in gasoline from the second session starting 5 p.m. on Wednesday. There will be three contracts expiring on 25th of each month between July and September and willMore Pepper futures fall on bearish sentiment The pepper futures market on Tuesday fell sharply on bearish sentiments. Reports that Sri Lanka is offering medium grade matured pepper at $2,300 - $2,400 a tonne (c&f) Kochi, have spurred theMore Centre turns cautious on sugar releases After a release spree in the previous three months, the Centre has suddenly turned cautious on the sugar front. Only 16.60 lakh tonnes (lt) of sugar will be available for public consumption duringMore Farmers may have exit route in co-op farming The Andhra Pradesh Government is considering the option of offering exit route to farmers who prefer to withdraw from the cooperative farming model proposed by the State. Briefing newspersonsMore Deficit monsoon may support sugar prices Sugar stocks received a fresh lease of life on Monday's trading on the back of expectations of a downward revision in sugar output the next season, October 2009-September 2010, which could triggerMore |
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