While China might have overtaken India as the largest tea producer a couple of years ago, it is now Sri Lanka and Kenya that seem to be giving India a run for its money in the tea export market.

Indian tea exports losing out to Sri Lanka and Kenya

Business Standard

Asian stocks advanced for the first time in three days on speculation that the stronger dollar would boost profits for exporters of cars and consumer electronics.

Asian stocks rise

India exported 2,03,399 tonnes of tobacco (worth Rs 2,020.93 crore) in FY08 as against 1,80,988 tonne (valued at Rs 1,723.42 crore) in FY07.

Tobacco exports jump 12% in FY08

Lured by the narrowing correlation between their shares and product prices, Indian corporates have begun exploring hedging prospects on domestic commodity exchanges.

Corporates biggies still hesitate to hedge on commodity bourses

The Commodity Futures Trading Commission (CFTC), the US commodity markets regulator, has set up an inter-agency task force to study the &#34recent rise in crude oil and other commodity prices and the influx of new investors into commodity futures markets,&#34 the US regulator said in a release on Tuesday.

US regulator sets up task force to investigate price spikes

Record fuel cost, currency fluctuations are forcing the industry to opt for new pricing mechanism.

Foundry exporters seek variable price deals

The 200-year-old salt industry in Tuticorin, the port town south-west of Chennai, have fallen on hard times.

Competition, costs hit Tuticorin salt makers hard

Asian stocks fell the most in three months, led by financial companies and commodity producers, on concern tha surging inflation and credit turmoil will derail growth.

Asian stocks tumble

Sugar mills in Uttar Pradesh are facing a shortage of cane during the 2008-09 crushing season, starting October.

UP mills face cane crunch

Mounting black pepper inventory is creating a desperate situation in Vietnam, a major exporter of the commodity.

Piling stocks hit Vietnam pepper market

Area under soybean cultivation in Madhya Pradesh is likely to rise 5-6 per cent this kharif season (June-September), as farmers had received higher returns for their produce last year, traders said.

MP soybean acreage to rise 5-6%

The Maharashtra government has imposed a stock limit on rice to rein in rising prices.

Maharashtra govt imposes stock limit on rice to check inflation

&nbsp;The base metals are set to display a mixed trend next week. Short covering in copper is likely to be arrested early this week due to the dollar&#39;s appreciation against major currencies and lack of physical demand from the US and the EU.

Base metals may trade mixed

&nbsp;Castorseed bounced back last week on growing local demand for sowing. From the level of Rs 533.10 per 10 kg early last week, the preferred oilseed variety for delivery in July perked up by 2.5 per cent to touch Rs 548 on Saturday.

Castorseed unlikely to rise further

The ongoing traders&#39; strike over mandi tax in the heart of mentha oil production region Uttar Pradesh is set to fuel prices abnormally in the near term on lack of supplies.

Mentha oil set to spurt on traders` strike in UP

Sesame seed exporters are likely to see a boost in shipments to Russia following the latter's proposal to accept phytosanitary quality certificates issued by seven additional Indian laboratories.

Sesame exports to Russia set to jump

Electronic auctions were introduced for the first time in agri auctions when manual auctions were replaced by electronic ones at the Tobacco Board platform here in the West Godavari district on Saturday.

Tobacco auctions go online

Darjeeling tea, known all over the world for its aromatic brew, has been badly hit at its peak production period by the agitation for a homeland by the Gorkha Janamukti Morcha in the hills of West Bengal, Aditya Khaitan, president, Indian Tea Association, said last.

Gorkha stir hits tea industry

India's steel production is likely to surpass the domestic requirement by 2011-12, easing pressure on prices of the alloy, which has been adding to the spiralling inflation.

India to have surplus steel output by FY12: Paswan

Press Trust of India

India&#39;s coffee crop for year 2008-09 is expected to be bigger by 11.83 per cent at 2,93,000 tonnes as against 2,62,000 tonnes last year.

Coffee crop may increase by 11.83% in 2008-09

Buoyed by the record yield last year, the Orissa government has set the target for food grain production in excess of 10 million tonnes this year.

Orissa govt targets 10 mn tonnes of food grains this year

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