Business Daily from THE HINDU group of publications
Tuesday, July 25, 2006
Agri Prices (July 24)
S-301834 (1830)
Ground ready525 (525)
Coconut oil ready4600 (4600)
Pepper garbled ready8700 (8450)


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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES
Physical deliveries surge on NMCE for July contracts
A majority of the commodities recorded a rise in physical deliveries for the July contract on the National Multi-Commodity Exchange, with chana and rubber witnessing an impressive surge. In chana, physical delivery rose to 430 ... More

CLIMATE & WEATHER
Monsoon runs up whole country, eight days late
July is likely to end up with a deficit rainfall of about 10 per cent. Good rainfall in northwest likely for next 2-3 days. More

CULTIVATION
Kharif acreages up for most of the crops
Coverage of groundnut, castor, jowar, bajra trail More

PULSES
TN: Tax exemption on pulses, oil hailed
The Tamil Nadu Foodgrains Merchants Association (TFMA) has welcomed the exemption from sales tax on pulses and oil and fixing a threshold limit of Rs 10 lakhs for exemption from registration and payment of tax as part of the ... More

AQUACULTURE
Out of action
A FISHING BOAT berthed at Natika beach near Thrissur in Kerala. The State Government has sanctioned Rs 61.5 lakh to provide free ration to fisherfolks rendered jobless by the 45-day trawling ban. Workers of mechanised boats and ancillary workers ... More

RUBBER
RPDS aid: Rubber Board invites applications
The Rubber Board has invited applications from rubber growers for assistance under the Rubber Plantation Development Scheme (RPDS). Assistance will be given both for replanting and new planting. Applications in the prescribed ... More

Rubber continues to slip
Domestic spot rubber rates continued their decline on Monday. Major consuming sectors stuck to their "wait and watch policy" as the reports from the global commodity exchanges were still unfavourable. Sheet rubber RSS 4 moved down to Rs 92 ... More

TEA
Coonoor tea prices look up
Prices looked up at the auctions of the Coonoor Tea Trade Association (CTTA) here this weekend as the demand was just adequate to lift the small volume on offer. The volume of 10.57 lakh kgs put on offer was the lowest of the previous 11 ... More

Tea association thanks TN Govt
The Tea Trade Association of Coimbatore has welcomed the reduction in the rate of sales tax on teas sold through public tea auction. The Chairman of the Association, Mr U.V. Saraf, while welcoming the Government's decision to ... More

FINANCIAL PERFORMANCE
Ponni Sugars net profit jumps
Ponni Sugars (Erode) Ltd has reported a four-fold jump in net profit of Rs 2.40 crore on net sales of Rs 32.25 crore for the first quarter ended June 30, 2006. During the corresponding quarter in the previous year, the company reported a net ... More

METALS
ASM research centre in Chennai likely
The Chennai Chapter of the American Society for Metals (ASM) International plans to set up a research centre for automobile industries here. To be constructed in phases, the first phase will require an investment of Rs 3 crore and will occupy ... More

AGRICULTURAL INSTITUTIONS
Commercialisation of ICAR transgenics likely by 2008
Field trials completed for seven GM varieties More

COIR
Coir Board office in Kolkata
The Coir Board, in its efforts to develop the industry in the North-Eastern States, has opened its first Sub-Regional Office at Hemanta Basu Bhavan in Kolkata. The office, which was formally opened by Mr A.C. Jose, Chairman of the Board, will ... More

JUTE
Jute mill workers protest at Vizag
Under the leadership of the Indian Federation of Trade Unions (IFTU), the striking workers of three jute mills - East Coast, Aruna and Bobbili - marched to the Vizianagaram Collectorate on Monday in protest against the ... More

OILSEEDS & EDIBLE OIL
All-round demand
ENTICING: Sugar-coated cumin seeds on display at an exhibition in Kochi, Kerala. India is the biggest consumer of cumin seeds with 90 per cent of the production being absorbed in the domestic market. Mainly grown in Rajasthan and Gujarat, the ... More

SPICES & CONDIMENTS
Traders boycott cardamom auctions
Oppose move on auction charges More

Pepper futures continue to rise
Pepper futures market continued to soar on buying support at a time when there are no sellers. Indonesia, the only other source where harvesting is round the corner, is said to have raised its prices further to $2,025 a tonne (c&f) while Indian . More

MINERALS
Proper evaluation process mooted for royalty on minerals
It should be on the value of mineral produced: Hoda panel More

CO-OPERATIVES
Mafcocs asks Maharashtra Govt to facilitate funds from Nabard
To help in its modernisation exercise to serve twin purposes More






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Top Stories
Dumping duty on POY from China mooted

Banks seek exemption from reserve ratios on tier-2 bonds

Physical deliveries surge on NMCE for July contracts

Plan for biometric features in PAN cards

`This Government can no longer carry out any reform'

CBDT notifies new e-return forms

ABB India posts 65 pc increase in Q2 net profit

Flat steel prices set to go up

SBI may consider rights to shore up Tier-I capital

Looking back
Jul. 16-Jul. 22
Rural child workers earn more in agriculture

Uncertainty over tea delegation visit to Pak

Oil market remains vulnerable to shocks

Coffee output likely to top 3 lakh tonnes

Potato futures crash on supply pressure

Cumin seeds export up on global short supply

Edible oil prices threatening to rise


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