The Hindu Business Line : Saturday, February 25, 2006

Record deliveries on NCDEX
NCDEX saw record deliveries to open interest ratio in the February contracts. Out of the 20 commodities delivered on the exchange, 11 commodities saw deliveries to open ratio of above 80 per cent. The exchange saw highest delivery ... More

FARM CREDIT

CARD banks offer settlement — Interest cuts, other sops promised
12 pc uniform interest
Loans contracted at unusually high rate of interests and since defaulted will attract a uniform 12 per cent at the time of settlement. Loans of Rs 5,000 and below will be settled without payment of any interest component. More

PESTICIDES

Call against NGOs for opposing pesticides use
Legal action
The crop federation and the agrochemicals group said they would take legal action against Green Peace for causing unwarranted health scare in Warangal. More

POWER

YSR promises seven-hour power supply to farmers
The Chief Minister, Dr Y.S. Rajasekhara Reddy, today assured seven hour power supply to the farm sector till the last acre of crop is saved while defending his decision to stick to March 31 deadline for fixing capacitors and power saving ... More

RUBBER

India back in IRSG
India has decided to rejoin the International Rubber Study Group (IRSG), a London-based think-tank on global rubber sector, after a gap of nearly six years. IRSG said the Indian Government would join the group on April 1 this year. "Rejoining ... More

Spot rubber subdued
Spot rubber prices remained subdued on Friday. The international futures were in a cheerful mood but the domestic market refused to follow the trend as most of the traders were not confident enough to enhance their commitments. According to ... More

TEA

Tea prices dip on tech correction
Tea exporters seem to be not ready to keep pace with the spiralling rise in prices this week. Though they did not openly admit it, they, however, stayed away from participating in the trade on Thursday. Tea prices, which soared in the last ... More

COTTON

`Bt cotton ups farm income'
The use of insect-resistant, biotech cotton has increased farm income by Rs 558 crore, according to a global study on the socio-economic and environmental impact of biotech crops. Insect-resistant cotton has driven up global farm income by $5.7 ... More

OILSEEDS & EDIBLE OIL

Palm oil seen rising after July
From end-February until May 2006, crude palm oil would trade in a range of (Malaysian ringgit) MYR 1,400-1,600 a tonne, while in May-June, there would be a pressure from South American soyabean oil. However, from July onwards, CPO would be rising ... More

POULTRY

Unsold stocks worry poultry farmers
Poultry farmers are faced with a near wash-out in demand for chicken and eggs this weekend in the light of the persistent fear in the market on avian flu. "We used to have 60 per cent of the weekly sale of broilers happening during three days ... More

Dutch firm refutes vaccine charges
Defensive stand
Intervet said 30 per cent of its business in India comes from the sale of poultry vaccines which will now be hit More

'No bird flu infection in humans'
The Health Ministry today said that there was no case of bird flu infection in humans. "Even the last sample that was being tested for avian influenza for which results were waited has tested negative," the Government said in an ... More

AGRICULTURAL POLICY

Govt may award wheat tender next week
Advantage Down Under?
Lower freight charges, shorter delivery time help Australia enjoy an edge More

HUMAN RESOURCES

Farming out new job market — Agri-biz courses arrive in a big way
Two years ago, Mr Anand Rajan quit his job at a biotech company in Mumbai and took up a post-graduate programme in agri-business management at IIM-Ahmedabad. And today, he has been offered a $65,000-a-year job by the Singapore-based supply chain ... More

MERGERS & ACQUISITIONS

Jain Irrigation stake in Greek co
Jain Irrigation Systems Ltd (JISL) has announced that it has entered into an agreement to acquire 7.5 per cent stake in Greece-based Eurodrip S.A. for a cost of euro 3.5 million. The acquisition was done through the company's ... More

EVENTS

Time running out for Kerala farmers: Expert
Time is running out for the State Government to take a holistic view of the farm sector and prepare the heavily indebted and thoroughly demoralised farmer to deal with the challenges thrown up by a fast-integrating global and regional markets. ... More

Shanghai Food Expo from March 1
THE largest Asia food ingredients exhibition, Food Ingredients China, would be held in Shanghai during March 1-3. Leading exporters of pepper and spice-based products from member countries of the International Pepper Community (IPC) will be ... More