Financial Daily from THE HINDU group of publications
Wednesday, June 26, 2002
Agri Prices (June 25)
Sugar S-301335 (1345)
Palm Oil (10 kg)354 (354)
Groundnut oil ready435 (432)
Coconut oil ready4800 (4800)
Pepper garbled (ready)8000 (8000)

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AGRI-BIZ & COMMODITIES

FARM CREDIT


Rabo India Finance in talks with Nabard
The partnership of two agri expert bodies would enable funding of large projects in the agricultural sector. However, the matter was yet to be presented to the board of directors of Nabard, an official said. More

RUBBER


Rubber prices remain static
RUBBER prices made no further gains following tight situation in the market. The prices of all the grades remained unchanged due to the poor response of buying and selling factions. Though the rains receded temporarily in all the growing ... More

SUGAR


Sugar industry fears paring of DEPB sops
THE sugar industry is concerned that the Union Commerce Ministry may reduce export benefits under the Duty Entitlement Pass Book (DEPB) scheme by two percentage points along with the formal announcement of the inland transport subsidy for ... More

July free sale, levy sugar quotas steady
THE Union Government has released 9.5 lakh tonnes (lt) of sugar as the quota for `free sale' by mills in the open market for July 2002. With the levy sugar quota (for the public distribution system) being fixed at 2.16 lt, the total availability ... More

TEA


100 pc FDI in tea plantations okayed
THE Union Cabinet on Tuesday approved a proposal to allow foreign direct investment (FDI) up to 100 per cent in the tea sector, following the recommendations of the Group of Ministers (GoM) early this month. The decision to permit FDI up to 100 ... More

Shot in the arm for small tea plantations
AMIDST select tea plantation company stocks finding activity at the bourses following the Government's approval for 100 per cent FDI in the sector, senior tea industry officials said they expected foreign interest in medium and small plantations. ... More

Tea campaigns find no place on Web
THE tea industry is willing to spend crores of rupees on the generic promotion of tea but none of its associations or corporate houses seem to be able to spare a word or two about it in their individual Web sites. A little over a month ago, ... More

FOODGRAINS


Regulation of pulses trade must
THE pulses trade in the country is mired in a serious crisis. In recent months, non-performance of contracts and payment defaults have become so rampant that several parties are reported to be facing a financial collapse. Over-trading, lack of ... More

SILK


  • Lanka seeks Silk Board's help
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