The Hindu Business Line : Thursday, June 03, 2004

COMMODITY EXCHANGES
Three banks to pick up stake in MCX
UNION Bank of India (UBI), Corporation Bank and Bank of India have given their in-principle approval to pick-up two per cent equity stake each in Multi Commodity Exchange of India Ltd (MCX) as equity partners. "We are confident that this ... More

FARM CREDIT
Nabard urged to ease credit norms for ryots
THE State Government has appealed to the National Bank for Agriculture and Rural Development (Nabard) to take measures to relax norms, providing higher levels of credit to farmers through District Cooperative Central Banks. At a review meeting ... More

AQUACULTURE
Wait, to get more!
Fishermen pulling out their boats to shore at the fishermen colony in Mumbai, as the State Government bans fishing during monsoon.

RUBBER
Rubber steady
THE physical rubber market was steady on Wednesday. Though buyers were unwilling to modify their quotations, the scarcity of rubber kept the prices firm throughout the session. Major manufactures were not active and the transactions were in a ... More

SUGAR
Pawar to meet sugar officials today
THE Agriculture and Food Minister, Mr Sharad Pawar, seems very much a man in a hurry. The Maratha strongman will be convening a meeting here tomorrow of top officials in his Ministry and representatives of the Indian Sugar Mills Association ... More

TEA
Jan-April tea output declines to 127.2 mkg
INDIAN tea production during the first four months of 2004 (January-April) is down by over 30 million kg, marking a shortfall of more than 19 per cent compared to that in the corresponding period in 2003. According to the statistics issued by ... More

INDUSTRY ASSOCIATIONS
FICCI for doubling Plan allocation to farm sector
THE Federation of Indian Chambers of Commerce and Industry (FICCI) task force on agriculture has suggested that to achieve 8 per cent GDP growth, agriculture would need to grow at least at 4 per cent per annum. In a presentation on `Priority ... More

OILSEEDS & EDIBLE OIL
Dalda cross-country promo
KOCHI: Bunge Agribusiness India Pvt Ltd, as part of the revitalisation strategy for India's heritage brand Dalda, has announced a massive 422-town consumer contact programme. This programme spanning across all 1,00,000 plus population ... More

INCOME TAX
'Bring farm I-T under Union List'
THE Institute of Chartered Accountants of India (ICAI) has suggested that the power to tax income from agriculture could be put in the Union List and the Central Government may be empowered to levy and collect the tax on agricultural income. ... More

NATURAL CALAMITIES
Relief package soon to tackle AP ryots' problems: CM
EXPRESSING concern over the growing incidence of deaths in the farm community, the Andhra Pradesh Government has announced plans to come up with a comprehensive package to resolve their problems, including moratorium on crop loans. These ... More

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Online filing of excise returns from June 30

Jan-April tea output declines to 127.2 mkg

`Price fall spurs sale of consumer goods'

Urbanisation: UN report portrays the failure of govts

Looking back
May. 23-May. 29
Gold bullion securities begin to attract investor attention

Quota for milk powder, maize import hiked

Tea exports to Pak may touch 25 mkg in 2 years

Govt may ask sugar mills to hike supply to PDS

Farm, Food Ministries merger: A step in right direction

Cotton prices likely to rule firm on demand

For sugar cos, by-products look sweeter

US dumping probe delay may hit shrimp sector

Pawar rules out grains export, sugar imports