AGRI-BIZ & COMMODITIES
RESEARCH & DEVELOPMENT
Agri dept to set up central lab
THE agriculture department is in the process of setting up a `central laboratory' in Thiruvananthapuram. Disclosing this to Business Line, Mr K.R. Jyothilal, Director, Department of Agriculture, Government of Kerala, said the new ...
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FARM CREDIT
States asked to spell out rabi credit estimates
THE Reserve Bank of India has asked all the Principal Secretaries of the State Governments and Union Territories to estimate the procurement programme for the Rabi 2004 season. In a circular addressed to the Secretaries, the central bank has ...
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RICE
S. Africa seeks quality rice at competitive price
SOUTH Africa may opt to buy more rice from the country provided its quality improves and it is competitively priced. "Indian quality tends to be lower than Thailand and Vietnam. So, the prices need to be much lower to compete," Mr Steve ...
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HORTICULTURE/FRUITS & VEGETABLES
Summer delicacy
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RUBBER
Rubber prices maintain uptrend
RUBBER market continues to maintain the uptrend on Friday. Prices of sheet rubber RSS 4 increased to Rs 50.50 per kg from Rs 50 on Thursday. Moderate buying from the covering groups was reported from trading floors along with the presence of tyre ...
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SUGAR
No `feel-good' for UP sugarcane farmers
With political parties facing a huge credibility gap, farmers are being increasingly drawn towards non-political forums.
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Are they really happy with in-kind payments?
SUGAR factories in western Uttar Pradesh are resorting to a novel method of making payments to farmers. Many mills are now offering growers sugar instead of cash for the cane procured by them during the current season. Mr Shaukinder Singh, a ...
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TAXATION
APK plea to revisit farm income-tax proposals
THE Association of Planters of Kerala (APK) has requested the Finance Minister, Mr K. Sankaranarayanan, to reintroduce the proposals made on agriculture income-tax before passing the Finance Bill, 2004. The Finance Minister had proceeded to ...
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TEA
`Promotion of generic tea must to increase domestic consumption'
THERE is an urgent requirement for generic promotion of tea, according to Mr Abhijit Sengupta, Additional Secretary of Commerce. Speaking to Business Line during his visit to the Nilgiris, he said that the current low per capita ...
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GOLD & SILVER
Producer gold hedging declines
PRODUCER gold hedging declined sharply in 2003. After continual de-hedging by gold producers over the previous several quarters, at the end of 2003, producer hedge-book stood at just over 69 million ounces, representing a decline of roughly 2.2 ...
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AGRICULTURAL INSTITUTIONS
Nabard cuts interest rates
OILSEEDS & EDIBLE OIL
Groundnut kernels in good demand overseas — European markets, big buyer this season
BUOYED by a combination of favourable factors such as increased domestic output, expanding world demand and workable price parities, groundnut kernel exports from the country are doing well since the harvest last September. What's more, this ...
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Slowdown in palm oil output growth
MALAYSIAN palm oil production in 2003-04 (October-September) is expected to reach a new high of 13.4 million tonnes, up from 13.2 mt of last year. The first quarter production is placed at 3.4 mt and forecast for the ongoing second quarter is 2.9 ...
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SPICES & CONDIMENTS
Mild flavour
Spices on sale at Broadway, Kochi. Non-availability of surplus spices and competition from other sources pushed down the exports of spices from Kochi during Apr-Dec ...
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