Financial Daily from THE HINDU group of publications
Tuesday, May 31, 2005
Agri Prices (July 27)
Coconut oil ready5190 (5290)
Pepper garbled ready6200 (6200)

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Heavy rains forecast in Kerala
HEAVY to very heavy rainfall has been forecast for Kerala and Lakshadweep over the 48 hours ending Wednesday as pre-monsoon rain activity peaked in the State. Meanwhile, the India Meteorological Department (IMD) refrained from announcing ... More


Farm exports: Not yielding full potential
If India wants to compete with China it must modernise the farm sector. Areas in the agricultural sector such as export-linked research, resources management, new technologies, professional marketing and sequencing of priorities too need to be looked into. More

Tea industry — Need for greater synergy between corporate and small producers
PRICES for Indian tea at the six auction centres have shown that they have improved in 2004, but are still much below the prices achieved in the late 1990s. Consider the figures shown in the Tables. Indian prices have ... More


China swings aluminium market
LATEST data from the International Aluminium Institute and other sources show that aluminium production grew by 3.5 per cent year-on-year in the first four months. It was China driving the growth, accounting for as much as 2,72,000 tonnes of the ... More

Glut forces drop in steel prices
THE latest data on steel production from China will send tremors through the steel world. The rate of growth of Chinese production is almost exponential as April production reached an annualised rate of 343 million tonnes a year. While total ... More


Mango times
A vendor at Food Bazaar, Mumbai waiting for customers. Mangoes at his stall are sold at Rs 125 a dozen.



Rubber prices continue to remain stagnant
SPOT rubber prices continued to remain stagnant as major market participants stayed inactive on Monday. Covering groups and purchase agents were not interested to give higher quotes waiting for the prices to stabilise at lower levels. As ... More


Coonoor tea prices continue to fall
WITH the demand remaining sluggish and the volume on offer rising to new highs, the market continued to crash at the weekend sale No. 21 of the Coonoor Tea Trade Association. Arising from the carry forward of some stocks remaining unsold in ... More


Foundation stone laid for cereals, pulses milling cluster in Madurai
THE Union Minister of State for Commerce and Industry, Mr E.V.K.S. Elangovan, laid the foundation stone and inaugurated a project on the cereals, pulses and staples (CPS) milling cluster, at a function here. The Minister said that many States ... More

Facility to help in better capacity utilisation
WITH the inauguration of the project to establish a cereals, pulses and staples (CPS) processing and milling industry cluster by the Union Minister of State for Commerce and Industry, Mr E.V.K.S. Elangovan, here, Madurai can become the first ... More


Heritage Foods Q4 net slips to Rs 3.25 cr
HERITAGE Foods (India) Ltd has reported a fall in net profit for the fourth quarter of fiscal ended March 31, 2005, despite recording a growth in turnover. According to the audited financial results, the company has posted a turnover of Rs ... More


GEAC move to amend rules for approving Bt cotton — Rift between Monsanto sub-licencees, others widens
SO far the fight was limited to those for or against introduction of Bt cotton hybrids. Now, a recent Genetic Engineering Approval Committee (GEAC) move has seemingly taken it to different levels — those with Bt cotton commercialisation ... More


Vegoil imports continuing despite losses, lower domestic prices
DESPITE negative margins and unattractiveness of edible oil imports following continued disparity between domestic and international prices, arrivals into the country have not slackened. If anything import volumes are set to rise. It is an ... More


Karnataka industry plans raw cashewnuts imports
THE cashew season is drawing to a close in Karnataka with the State having produced around 35,000 tonnes of raw cashewnuts this year. Cashew manufacturing units in the State have absorbed almost all the production; they need more to run the ... More


Call to strengthen farm marketing strategy
FARM scientists are no longer confining their research to sustainable and pest resistant breeding techniques. They are today reorienting their focus to ensure the smooth flow of the produce from the farm gate to the end-user/consumer. "There ... More

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Top Stories
New SEBI rule likely to hit sub-brokers

Radico, Mason, BDA in fray for part of SWC liquor biz — ICICI Bank talking to suitors

GEAC move to amend rules for approving Bt cotton — Rift between Monsanto sub-licencees, others widens

Telecom operators upbeat on zero rental schemes

Insurers may hike premiums on corporate medical covers

Railways may need to import 18,000 wheels to meet demand

Tata Power Q4 net up at Rs 170.55 cr, to pay Rs 7.5

In Focus

BHEL Disinvestment
China's revaluation
Dabhol power regenerated
Tracking the rains
Sethusamudram Canal Project
India Inc's overseas acquisition

In Depth

Gender Justice
Simple Economics
Tax Talk

Looking back
May. 22-May. 28
Raw sugar imports: Industry worried over policy changes

Fertiliser fallacies: Danger to food security

Left to caution Govt on sources of seed supply

Horticulture mission a booster dose for R&D

20 Bt cotton strains available to farmers for sowing this year

Research body develops GM rubber — Variety tolerant to drought, environment stress

Silver prices surge 36 pc in 2004

Rapeseed/mustard liquidation: Millstone around Govt's neck

Private banks slip on farm loan target, face RIDF option

Indian wheat bucks world price trend

Rubber may top Rs 70 on monsoon, low yield — Latex production down in April-May; rains could hit tapping

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