The Hindu Business Line : Monday, July 19, 2004

FARM CREDIT
SBI hopes to disburse Rs 6,000-cr agri loans
STATE Bank of India expects its agricultural loans to be Rs 6,000 crore (gross disbursements) in the current financial year, around 30 per cent more than last year. Net of repayments, the bank's agricultural loans are expected to increase ... More

SUGAR
Sugar mills upset with BHL's move to enter western UP — Lobby for changes in radial distance norm
BAJAJ Hindusthan Ltd's (BHL) move to set up four new greenfield sugar ventures in western Uttar Pradesh has ruffled the feathers of all entrenched players in this cane-rich belt. The latter, who allege that BHL is poaching on the sugarcane ... More

Biz battle may extend to political arena
THE corporate battle currently under way between Bajaj Hindusthan Ltd (BHL) and other sugar majors over the former's aggressive investment plans may end up creating frictions between the Centre and the Uttar Pradesh (UP) Government as well. ... More

TEA
CTCs firm at Kochi auction
A GOOD general demand resulted in the spurting of prices of almost all varieties of tea at the Kochi tea auction. Of the quantity of 8,59,000 kg on offer in the dust category, CTC market was fully firm to dearer by Rs 1-2 and sometimes more. ... More

Coonoor teas up
PRICES generally moved up by Rs 3 a kg at the tea auctions conducted by the Coonoor Tea Trade Association (CTTA) here last week when a huge volume of 14.47 lakh kg was offered for sale. The upcountry demand increased because of the Assam floods ... More

TECHNICAL ANALYSIS
Cotton prices may move up
NYCE cotton futures closed lower on Friday, due to speculative selling on very low volumes. Cotton futures hit almost a four-month low this week on poor fundamentals. Markets are digesting news of larger cotton crops in important producing ... More

COCONUT & COPRA
Take up contract farming in coconut, States urged
THE Union Secretary for Agriculture and Cooperation, Ms Radha Singh, has urged state governments to explore ways of implementing contract farming in coconut cultivation. She was speaking to presspersons after inaugurating the National Seminar on ... More

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Further reflections on the Budget

Sugar mills upset with BHL's move to enter western UP — Lobby for changes in radial distance norm

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Jul. 11-Jul. 17
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Tata Tea to boost global presence — Focus to remain on branded business

One-time settlement plan for small farmers — IBA asks banks to implement farm schemes

Dry spell may impact coarse grains, pulses

Record world oilseeds output forecast this year

RBI under attack for curbs on gold import

Insurance scheme for deficient rainfall launched

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Rescheduling of farm loans to lift credit offtake