AGRI-BIZ & COMMODITIES
FARM CREDIT
Farm machinery finance — Corpn Bank signs pact with Greaves Cotton
MANGALORE: Corporation Bank has signed a memorandum of understanding (MoU) with Greaves Cotton Ltd for financing farm machineries of the latter to farmers. A press release said here on Thursday that this makes Corporation Bank the ...
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Farm credit policy package
MADURAI: The aim of the farm credit policy package announced by the Union Finance Ministry is to provide immediate relief to farmers from debt burden, the Union Minister of State for Finance, Mr S.S. Palani Manickam, has said. Addressing ...
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CLIMATE & WEATHER
Idukki gets `excess' rainfall
FINAL rainfall statistics for the month of June indicate that the strategically important district of Idukki received `excess' precipitation during the first full month of the southwest monsoon and, coincidentally, happens to be the only district ...
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RUBBER
Higher sales tax leads to rubber smuggling
AFTER cardamom and pepper, it is now rubber that is being clandestinely taken out of Kerala and sold either in Karnataka or Tamil Nadu. The commodity is being taken to the neighbouring States to avoid payment of a higher rate of sales ...
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Weak global trend hits spot rubber
THE spot rubber remained depressed on Thursday following weak closing in major world markets. Though intensified rains continued to put pressure on tapping, the market failed to gain in the absence of quantity buying from the covering groups and ...
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TECHNICAL ANALYSIS
Spot gold may test support levels
GOLD prices ended lower on Wednesday after staying in positive territory during the day. Profit taking due to squaring of books at the quarter-end and half-year end ahead of the outcome of Wednesday's meeting of the Federal Open Market Committee ...
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METALS
Nickel cathode prices rise on strong demand
NICKEL cathode prices increased significantly by 17.50 per cent or Rs 115 per kg to Rs 770 per kg on Thursday compared with Rs 655 per kg on June 1 because of strong overseas trend and continued domestic demand from stainless steel ...
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COTTON
Drought, Cauvery crisis push TN cotton growers to newer areas
THE arrivals of summer cotton from Tamil Nadu this year have raised the consumers' hopes both on the fibre quality as well as the final size of the crop. But the underlining factor in the surge in summer crop in the State appears to be that ...
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JUTE
Jute exchange to press FMC for resuming futures
The exchange plans to sort out legal cases on the issue of induction of new members soon.
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OILSEEDS & EDIBLE OIL
Vegoil imports rise as global prices soften
There has been sudden rise in arrivals of crude olein. Refiners with unsold stocks of palm stearin are importing crude olein.
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SPICES & CONDIMENTS
Arecanut market down on supply glut
WILL arecanut growers get pre-2000 price for their crop? The dull trend in the arecanut market has paved way for such questions in their minds. The market — which used to recover in the same calendar year even if there was a crash — ...
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AGRICULTURAL POLICY
Manmohan sets store by second Green Revolution
Dr Swaminathan panel to bring forward a new Seed Act to regulate quality.
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EVENTS
Agro-India 2004
KOLKATA: The FICCI — Eastern Regional Council, will organise an agri-horticultural exposition here in November. The council Chairman, Mr C.K. Dhanuka, said the exhibition - christened Agro-India 2004 - will also focus on water ...
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NATURAL CALAMITIES
Striking a chord with distressed families
This question was the most heard from the learned Prime Minister, Dr Manmohan Singh, as he directly faced and interacted with the kin of farmer's who had committed suicide in this small village, about 35 kms from the district headquarters. ...
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PM announces slew of sops to kin of deceased farmers
LENDING a helping hand to the kin of the farmers who committed suicides in the State, the Prime Minister, Dr Manmohan Singh, today said the Union Government would provide employment to at least one in each of the families. The Government would ...
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AP seeks Rs 660-cr aid for farmers
THE Andhra Pradesh Government has sought a total financial assistance of Rs 660 crore and a package of measures to provide relief to the distressed farmers. Severe drought and a spate of suicides by farmers have been reported from several ...
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