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Wednesday, March 02, 2005

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AGRI-BIZ & COMMODITIES

RICE


Stable paddy procurement from next year, says Kerala CM
TEH Centre has extended `in-principle' approval to the State Government's proposal for mandating the State Civil Supplies Corporation to procure and mill paddy for supply to the Food Corporation of India and for onward delivery into the public ... More

HORTICULTURE/FRUITS & VEGETABLES


Funds for horticulture still below the mark
``WITH about two thirds of the population dependent on agriculture, and the sector producing only 21 per cent of GDP in 2003-04, it is imperative that we address the problems of our farmers with a sense of urgency. In agriculture, we shall ... More

RUBBER


Rubber prices steady
According to traders, the Budget proposal to reduce the import duty has created an adverse impact over the sentimentsCovering groups were moderately active in the market keeping a low profile. Futures quoted steady with March contract being ... More

SUGAR


Sugar industry flays hike in excise duty on molasses
While the intention to rejuvenate the industry is seen as a right step in the long term, the Budget has failed to come out with anything concrete, feel industry representatives. The hike in the excise duty on molasses has uniformly attracted ... More

Dwarikesh Sugar plans FCCB issue to raise $25 m
THE board of directors of Dwarikesh Sugar Industries Ltd, at a meeting on Monday, approved the convening of an EGM to obtain sanction for issue of foreign currency convertible bonds amounting to $25 million. "Apart from the ongoing expansion ... More

METALS


Metal makers hike prices
MUMBAI: Despite the announcement of five per cent duty reduction on base metals proposed in the Union Budget 2005-06, major base metals producers in the country have increased their sale prices for the current month. The reason behind is ... More

OILSEEDS & EDIBLE OIL


Vegoil bodies happy over scrapping of levy
THE vegetable oil industry associations have unanimously welcomed the Budget proposal to abolish excise duty on manufacture of refined oils and vanaspati. Mr Sandeep Bajoria, President, Central Organisation for Oil industry and Trade, ... More

`Change in edible oil prices unlikely'
THE Government's decision to remove the excise duty on refined edible oil did not cut much ice with edible oil majors. The decision has not been exciting enough to propel a price cut in the markets, they claimed. "The net impact of the duty cut ... More

Budget widens duty gap between edible, industrial grade palm oils
WITH the Union Budget reducing the peak rate of customs duty on non-agricultural products from 20 per cent to 15 per cent, the gap between the import duty on edible-grade crude palm oil (CPO) and that on non-edible or industrial grade CPO used ... More

Govt cuts tariff value on crude soya oil
IN what is good news for the consumer, but not so much so for farmers in the midst of harvesting the rabi oilseeds crop, the Government today effected a steep reduction in the tariff value of imported crude soyabean oil from $565 a tonne to ... More

POULTRY


  • Poultry Expo in Hyderabad from March 4

    AGRICULTURAL POLICY


    Focus on strengthening agri marketing infrastructure
    THE National Agricultural Policy has focused on strengthening and liberalisation of agricultural marketing in India since the past few years. The Budget 2005-06 continues with this tradition. This year, the focus has been more clearly defined, ... More

    CO-OPERATIVES


    'Uniquely special' Budget, say cooperative lending institutions
    COOPERATIVE lending institutions, one of the key pillars in the agricultural and rural credit structure in the country, find the Union Budget uniquely special for more than one reason. According to Mr K. Sivadasan Nair, Chairman, National ... More


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    Top Stories
    Exporters not enthused by Budget plans


    Partnership firms will have to file I-T returns

    Experts seek rollback of cash withdrawal tax

    Ashok Leyland mulls plant in North India

    Net worth floor for private banks fixed at Rs 300 cr

    `In the right direction for hardware sector'

    Fringe tax to bite deeper into smaller IT cos

    In Focus

    BHEL Disinvestment
    The Yuan Revaluation
    Dabhol power regenerated
    Tracking the rains
    Sethusamudram Canal Project
    India Inc's overseas acquisition
    More

    In Depth

    Gender Justice
    Simple Economics
    Tax Talk
    More

    Looking back
    Feb. 20-Feb. 26
    Unanimity over oilseeds import still eluding industry

    Labour shortage haunts rubber sector in Kerala

    A case for Govt to hike Customs duty on gold

    Unseasonal rainfall, hailstorm may impact rabi crops

    Chilli leads spices export surge

    Desi crude futures flare up

    Indian food sector looks West to tickle taste buds

    Indian teas post highest rise in 2004


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