The Hindu Business Line : Friday, June 17, 2005

NSE, Nabard to pick up equity in MCX
NATIONAL Stock Exchange of India Ltd (NSE) and National Bank for Agriculture and Rural Development (Nabard) on Wednesday announced their strategic participation in the equity of MCX. "We will announce the percentage of equity participation of ... More

CLIMATE & WEATHER

El Nino risk stands `substantially reduced'
THERE is little sign of a classical El Nino episode unfolding during the year, according to the Australian Bureau of Meteorology that tracks the Pacific Ocean phenomenon on a regular basis. In its update, the bureau said despite observations ... More

HORTICULTURE/FRUITS & VEGETABLES

Weather advisory for farmers in the pipeline
WITH clouds of uncertainty hanging over the progress of the South-west monsoon this June, agriculture and weather scientists are busy trying to put together a quick-fix advisory that can give farmers and planners necessary inputs to weather the ... More

PLANTATIONS

3.6 lakh plantation workers in Kerala go on strike
AN estimated 3.6 lakh workers in the rubber, tea, coffee and cardamom plantations in Kerala have gone on an indefinite strike from Wednesday, demanding de-freezing of their DA and revision of wages pending since 2002. Though the strike was ... More

RUBBER

Rubber prices turn weak on errant monsoon
NATURAL rubber prices continued to slide with the RSS-4 (ribbed, smoked sheet) grade touching Rs 61 a kg on Thursday, as monsoon continued to be weak and tyre makers had very little demand. But if the rains pick up momentum and continue for 3-4 ... More

TECHNICAL ANALYSIS

Spot gold may test resistance level
SPOT gold prices moved higher helped by good fund and investor interest in the metals, as the dollar fell from a nine-month high against the major currencies. The common European currency is down about 10 per cent this year, due to sluggish ... More

DAIRY & DAIRY PRODUCTS

Mother Dairy to foray into processed cheese segment
IN a bid to complete its milk products portfolio, Mother Dairy has decided to enter the 6,000-tonnes processed cheese market. Mother Dairy India, the marketing arm of National Dairy Development Board (NDDB), plans to launch its processed ... More

COTTON

Govt approves raising target of TMC mini-missions
THE Government on Thursday approved increasing the overall target under mini missions— III and IV of the Technology Mission on Cotton (TMC) — for development of 250 market yards, modernisation of 1,000 ginning and pressing factories ... More

COIR

Coir sector urged to go in for value-addition
COIR exports from the country increased 16 per cent to a record Rs 473.40 crore in 2004-05. The coir industry's production during the year totalled Rs 1,800 crore, said Mr Anupam Dasgupta, Secretary, Ministry of Agro & Rural ... More

SPICES & CONDIMENTS

Spices exporters hail DGFT move
THE All India Spices Exporters Forum (AISEF) has welcomed the decision of the Director General Foreign Trade (DGFT) making it mandatory for the EOU/SEZ units engaged in spices imports and exports to get them registered with the Spices ... More

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