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Tuesday, February 10, 2004

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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES
PNB gets RBI nod to pick up NCDEX stake
PUNJAB National Bank (PNB) has received the Reserve Bank of India's approval for picking up 8 per cent (Rs 1.782 crore) stake in National Commodity & Derivatives Exchange Ltd. With this, PNB will be joining the exclusive group of shareholders ... More

AQUACULTURE

  • Rs 1 crore for fish farming in Kerala

    INSIGHT
    From Green to Grey Revolution
    The flawed understanding of the harsh ground realities makes the policy-makers think that private companies can provide the much-needed impetus for increasing food production. If they could do the job, there was no need for a Green Revolution. Instea d of coming to the rescue of farmers, the Governments' intention of dismantling the food procurement system is a recipe for disaster. Farmers are being forced to face not only the vagaries of the monsoon but also the cruelty of markets, says . More

    HORTICULTURE/FRUITS & VEGETABLES
    Weekend Valentine's wilts rose exports — But ducks Dutch auctions to bloom `direct' on foreign shelves
    A WEEKEND Valentine's Day has taken the sheen off Indian rose exports as sales plummeted by as much as 34 per cent even as local firms have managed to beach-head directly into top retail chains, such as Sainsbury, Tesco and Wal-Mart subsidiary ... More

    RUBBER
    Rubber turns weak
    THE spot rubber prices turned weak on Monday. RSS 4 closed at Rs 49.75 against Rs 50 on Saturday. The trading activity was limited to a low profile in the absence quantum demand and supply. The March features at TOCOM for RSS 3 moved down to ... More

    TEA
    IBA drafts revamp plan for tea sector loans
    THE Indian Banks' Association has advised banks that with respect to advances made to the tea industry, they should consider converting existing rupee loans into foreign currency denominated funding. In the relief package for the tea-sector ... More

    Trade wants tea declared as national drink
    IN an effort to outsmart competing rival beverages, tea industry is lobbying hard with the Union Government to announce tea as the National Drink of India and also mark a day as the National Tea Day. A formal proposal has already been submitted ... More

    METALS
    Copper prices flare up
    COPPER spot prices in the domestic market have increased by 8 per cent or Rs 12 per kg within a week, following a firm trend on LME coupled with steady domestic demand. In Mumbai, copper wire bar prices strengthened to Rs 165 per kg on Monday ... More

    COCONUT & COPRA
    Model coconut project proves a hit in Vayalar
    THE success story of the community-managed model coconut project in the Vayalar panchayat of Alappuzha district could encourage others to take up such ventures in the State. The model project aimed at increasing the income of poor coconut ... More

    COFFEE
    Mumbaiite bags Barista title
    MR Sanjeev Kumar of Mumbai has won the Platinum Trophy at the annual India Barista Championship 2004, organised by The Speciality Coffee Association of India in Bangalore on Monday. He will represent India at the World Barista Championship in ... More

    SPICES & CONDIMENTS
    Ginger steady on good demand
    GINGER prices continued to rule steady at higher levels on good demand and short supply. Good quality ginger fetched up to Rs 125 a kg while others were sold at Rs 85 to Rs 90 per kg. Availability has improved following supply from the ... More

    WTO
    `OECD farm subsidies taking toll on Third World farmers'
    `UNFINISHED agenda' of the World Trade Organisation (WTO) is what the developing countries including India would have to focus on in the ongoing negotiations. These include reduction of all forms of export subsidies, harmonisation formula to ... More




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  • Top Stories
    Participation in derivatives
    MFs can invest up to 50% of net asset: SEBI


    New dredging policy in muddy waters — Dredging Corporation IPO may be hit

    LIC collects Rs 2,021 cr from pension, group schemes

    From Green to Grey Revolution

    PM dedicates 3 power projects to nation

    Foreign flag ships chartering — Exporters unaware of cancellation of pre-approval norms

    Looking back
    Feb. 1-Feb. 7
    Ban on Thai chicken meat export — Suguna looking to tap additional export potential

    Sugar prices likely to decline

    Farm sector growth no longer linked to foodgrains output

    At last, some cheer for farm sector

    `Feel-good factor' spills over to sugar industry — Surcharge sop on ethanol for petrol extended

    Wheat, rabi pulses, oilseed coverage up


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