The Hindu Business Line : Tuesday, August 30, 2005

700 pc growth in futures trading in Q1
THE futures market has registered a growth of 700 per cent in the first quarter of the current financial year compared to the corresponding period of the previous year, according to Mr Rajeev Kumar Agarwal, Member of the Forward Markets ... More

RICE

Experts stress need for promoting other aromatic varieties of rice
INDIA should market other varieties of good quality aromatic rice rather than limiting its focus to basmati only, according to experts. "Instead of trying to define all rice varieties with reference to basmati alone, India should develop ... More

Who filed GI for basmati at Chennai office?
Even as there is a sense of urgency to have the exact geographical indication (GI) defined for basmati, an application has been moved in the GI office Chennai for basmati. Neither the scientific community nor the Commerce Ministry officials ... More

INSIGHT

The burden of farmers' debt
A recent NSSO report on the indebtedness of farmer households provides important information on the extent and nature of cultivators' debt. In this edition of Macroscan, C. P. Chandrasekhar and Jayati Ghosh consider the main res ults of this survey and the implications for policy. More

Getting banking priorities right
Agri business is thought to be a good idea provided farmers are granted the leeway to mind their business. More

COMMODITIES

Car boom in Asia driving metals to new highs
ASIA is driving not only the base metals market, but also passenger car market. Despite decline in Western Europe and no growth in North America so far this year, world car production is set for another year of expansion in 2005, thanks to ... More

HORTICULTURE/FRUITS & VEGETABLES

Onion prices rise as arrivals dwindle
ONION prices have doubled over the last fortnight on reduced inflows and low stocks. Wholesale prices at Nashik and Pune - major markets in Maharashtra - have moved up to Rs 1,100 a quintal on Monday on reduced inflows and steady demand ... More

RUBBER

Rubber recovers on global trend
ANOTHER sharp uptrend in the international indices inspired the domestic spot rubber prices to recover on Monday. At TOCOM, the September futures for RSS 3 improved by 6 yen to close at 175.5 yen from 169.5 yen a kg on Friday. After a steady ... More

TEA

Tea Board destroys substandard teas
THE Tea Board has burnt 2,500 kgs of substandard tea near the auction hall in Coonoor. The teas drawn from the various factories were destroyed completely as they had failed to pass the PFA norms. The Board has resorted to such an action for ... More

AGRICULTURAL POLICY

`Multi-crop farmlands won't be acquired for setting up industries': West Bengal CM
`There was no question of compromising on the food security and the interests of the horticulture and floriculture sectors.' More

PERFORMANCE

RBI ANNUAL REPORT
Farm GDP growth declines to 1.1 pc
DEFICIENT and uneven south-west monsoon during 2004-2005 and the base effect of high growth in the previous year has resulted in a sharp drop in the growth of real GDP originating from agriculture and allied activities to 1.1 per cent from 9.6 ... More

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