The Hindu Business Line : Thursday, December 18, 2003

L&T John Deere ties up with SBH for tractor financing
L&T John Deere Pvt Ltd, a joint venture between L&T and the US-based agricultural farm equipment maker, John Deere & Company, has entered into an alliance with State Bank of Hyderabad (SBH) on an exclusive basis for tractor financing. Speaking ... More

CULTIVATION

Bumber crop
Farmers de-husking paddy on the outskirts of Bangalore. Rice production is expected to bounce back on good monsoon this year, with kharif production estimated at 75 million tonnes. This is likely to help boost stocks and exports. ... More

RUBBER

Rubber rates up on demand
RUBBER prices improved on Wedneday on fresh demand. Sellers kept on the sidelines observing the bullish world markets. Major manufactures were also active in the trading floors. . In the Bangkok market, RSS 3 was steady at Rs 57.56The futures ... More

FOODS & FOOD PROCESSING

Food processing sector seeks lower taxes
THE agro-processing industry hopes that the Government will lower if not do away with the taxes. "Minimisation of taxes" in the food channels is a dominant theme in the recommendations to the Government in the run up to the Budget, according ... More

METALS

Hindustan Zinc raises prices
HINDUSTAN Zinc Limited (HZL) has revised its prices upward by Rs 3.30 and Rs 3 per kg for zinc and lead products respectively from December 16, 2003, trade sources said. The revision was announced for the second half of the current month on the ... More

Nickel cathode prices seen ruling firm
"Prices are likely to rule firmer in the next few months." More

FOODGRAINS

TN foodgrains merchants seek I-T exemptions
THE Tamil Nadu Foodgrains Merchants Association, in a pre-budget memorandum, submitted to the Union Finance Minister, Mr Jaswant Singh, has demanded that the income-tax exemption limit be raised from Rs 50,000 to Rs 1 lakh and the I-T slabs ... More

AGRICULTURAL INSTITUTIONS

TNAU plans to offer leadership programme
THE Tamil Nadu Agricultural University (TNAU) plans to offer Advanced Agricultural Leadership, a programme aimed at sprucing up target clientele groups such as the farm sector, NGOs, Government and agri-business corporates to face the emerging ... More

AP: Nabard sanctions Rs 47.50 cr for soil conservation
HYDERABAD: National Bank for Agriculture and Rural Development (Nabard) has sanctioned Rs 47.50 crore as loan assistance to the Andhra Pradesh Government for implementing soil and moisture conservation projects. Under the plan ... More

COTTON

World cotton body plans to boost supply, demand
AS part of its strategy to bring about uniformity and strengthen the global cotton economy, the Washington-based International Cotton Advisory Committee (ICAC) is working on a series of measures to boost both demand and supply as also ensure ... More

OILSEEDS & EDIBLE OIL

Soyabean prices continue to rise
SOYABEAN prices continue to rise on increasing demand from the processing sector and restricted arrivals. From around Rs 14,500-15,000 a tonne last week, the prices have increased to Rs 15,500-15,600 this week. "The prices are fluctuating ... More

SPICES & CONDIMENTS

Kerala revokes licences issued for vanilla cultivation
A MEETING of the Cabinet has decided to revoke licences issued by the State-owned Plantation Corporation of Kerala to 10 individuals for taking up vanilla cultivation on 1,000 acres of land owned by the corporation in Thrissur ... More

Pepper increases on short supply
PEPPER prices were slightly up, compared to last weekend, in both spot and futures trading, on restricted supply to the terminal market following increased direct sales from the primary markets. Compared to Saturday last, the spot prices were ... More

Cardamom up on demand
CARDAMOM prices moved up marginally on good demand despite heavy arrivals at the auction centres in Kerala and Tamil Nadu. Exporters and upcountry buyers were active. Last month about 75 tonne of cardamom were exported, while this month it is ... More

AGRICULTURAL POLICY

Mild response to US Bio-terrorism Act
STRINGENT rules to regulate food imports into the US have come into force; but the response of a large number of firms — both domestic and foreign — to register with the US Food and Drug Administration (FDA) has been lukewarm. It ... More

NATURAL CALAMITIES

`Crop damage extensive in Krishna, Guntur'
THE State Government will initiate all measures to help the farmers in the cyclone-hit coastal districts, especially Krishna and Guntur, the Chief Minister, Mr N. Chandrababu Naidu, has said. He visited the cyclone-hit areas in Krishna, Guntur ... More

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