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Tuesday, February 22, 2005

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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES


Geojit to launch coffee futures in Bangalore
GEOJIT Infofin Technologies is all set to launch coffee futures trading on the NMCE platform over a Geojit terminal in Bangalore on Tuesday. Mr L. Mansingh, Secretary, Ministry of Consumer Affairs, will launch the online coffee futures. Coffee ... More

SEEDS


Call to take up good research project on seed
THE ICAR's Deputy Director General (Horticulture and Crop Sciences), Dr G. Kalloo, has said that the institute's foremost mission to modernise the seed sector. Inaugurating the 20th annual group meeting of National Seeds Project at the Tamil ... More

AQUACULTURE


Untapped seaweed wealth in coastal TN
MADURAI: The coastal districts of Tamil Nadu, largely considered backward, have an untapped seaweed wealth worth Rs 2,000 crore, according to the Acquaculture Foundation of India (AFI). The shallow waters of the Gulf of Mannar and the ... More

PLANTATIONS


Planters decry move to unfreeze DA
THE recent announcement by the State Labour Minister, Mr Babu Divakaran, unfreezing DA for tea and coffee plantation workers has put the State plantation industry in a spot. The move, according to the industry, will affect the crisis-ridden ... More

RUBBER


Rubber sector should tap export market, says CII
INDIA is the third largest producer of natural rubber in the world and has immense export potential and the industry should seize the opportunity to tap at least $500 billion foreign trade available for it, according to Mr T.T. Ashok, Chairman ... More

Rubber improves
SPOT rubber prices improved marginally on Monday. As a result of the discussion with the Government to be held on Tuesday at Thiruvananthapuram, the rubber dealers expect a favourable turn in VAT related issues. This has slowed down the ... More

PRECIOUS METALS


A case for Govt to hike Customs duty on gold
FOR the Finance Minister straining to raise revenue for the exchequer, gold may come in handy. There is a case for raising Customs duty on gold imports. Currently, the duty is Rs 100 per 10 gram. The Finance Minister can potentially mop up a ... More

FOODGRAINS


Unseasonal rainfall, hailstorm may impact rabi crops
UNSEASONAL rainfall in Tamil Nadu and heavy hailstorm in the North could affect rabi rice and wheat crops to some extent, according to the Agriculture Ministry. Unseasonal rains in Tamil Nadu have hit the samba/thaladi (winter) rice crop in ... More

Bumper rabi crop likely in Gujarat
GUJARAT is all set to post a bumper rabi harvest this season, thanks to increased availability of water following various water-harvesting schemes implemented by the Government. Total area under current rabi season 2004-05 has reached a record ... More

POULTRY


Spat in poultry sector over import of breed-line
The easing of restrictions by DAHD on import of chicks and hatching eggs/vaccines has been extended for another six months through a new notification. More

SPICES & CONDIMENTS


Prize crop
The scene at a vanilla farm. Indian vanilla is expected to become a favourite in the world market due to a new venture by the Spices Board and STCL (Spices Trading Corporation). Vanilla beans will be procured from registered farmers' groups for ... More


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