Financial Daily from THE HINDU group of publications
Thursday, March 28, 2002
Agri Prices (March 27)
Sugar (S-30)1410 (1415)
Palm Oil (10 kg)289 (288)
Groundnut oil ready388 (388)
Coconut oil ready3375 (3340)
Pepper garbled ready6900 (6650)

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AGRI-BIZ & COMMODITIES

FARM CREDIT


New RBI norms for settling farmers' loans
The scheme is expected to cover suit-filed and decreed debts but will not cover cases of frauds, malfeasance and wilful debts. More

FERTILISERS


GoM for scrapping vintage allowance to urea plants
IN a further blow to the domestic urea industry, the Group of Ministers (GoM), set up to formulate policy parameters and norms for determining retention prices of individual units, has recommended scrapping of the five per cent `vintage ... More

PLANTATIONS


  • Planters disappointed

    RUBBER


    Rubber market quiet
    RUBBER market was more or less quiet in the absence of buying support from the manufacturing sector and poor arrivals owing to retention of stocks by the growers in anticipation of a price rise. However, traders eager to build up stock of ... More

    TEA


    CTCs in demand at Guwahati sale
    GUWAHATI: The CTC market at Guwahati sale No 19 continued to meet with good demand. Selected cleaner leaf Assams as well as cachars were competed for and sold readily. Remainder eased in line with decline in quality, particularly poorer ... More

    FOODS & FOOD PROCESSING


    New directors on Agro Tech board
    TWO independent non-executive directors have been inducted into the 9-member board of Agro Tech Foods Ltd, a wholly-owned subsidiary of the global food major ConAgra. The two directors have also been inducted into the company's new audit ... More

    FOODGRAINS


    Wheat prices dip on rate cut
    OPEN market prices of wheat have fallen in the wake of the Government's move to slash the Food Corporation of India's (FCI) issue price of foodgrains supplied to the above poverty line (APL) segment by Rs 100 per quintal. Wheat dara is quoting ... More

    No change in April open sale prices
    THE FCI has decided not to tinker with the issue prices of wheat offloaded to millers during April 2002 under the open market sale scheme (OMSS). For the period from July 2001-January 2002, FCI had fixed the OMSS prices at Rs 650 per quintal ... More

    COTTON


    How does Bt cotton work
    MAHYCO'S genetically engineered Bt cotton hybrids, cleared for commercial cultivation by the Government, are claimed to confer `in-built' resistance to Helicoverpa armigera or the dreaded American bollworm insect pest, which last year alone is ... More

    Mahyco hails move on Bt cotton
    The Genetic Engineering Approval Committee's (GEAC) pioneering decision to grant approval for insect-resistant Bt cotton technology will make available the benefits of plant biotechnology to Indian farmers, Maharashtra Hybrid Seeds Company Ltd ... More

  • Assocham hails Bt cotton approval

    OILSEEDS & EDIBLE OIL


    Trade perturbed over proposed curbs on soya oil inflow
    SOYABEAN oil importers who have contracted for large quantities that should start arriving by end-April and in May have turned jittery over the recent statement of the Union Minister for Agriculture that restrictions would be imposed on import of ... More

    ERP package for seed companies
    SEED companies in Andhra Pradesh are showing keen interest in utilising the potential of information technology (IT) by deploying cost-effective solutions to reap long-term benefits. A small, entrepreneur-driven, IT company — Positive ... More

    CO-OPERATIVES


    Girijan co-op eyes overseas market
    GCC has the potential to become a major player in the nature-based products market, with the tribal areas in Andhra Pradesh having a wealth of minor forest and agricultural produce, according to Mr A. Vidyasagar, Girijan Cooperative Corporation's Ma naging Director. More
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    IDFC likely to pick up 29 pc stake in Tanflora project


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