The Hindu Business Line : Tuesday, January 24, 2006

PNM Commodities office at Anakapalle
VISAKHAPATNAM: Praneetha & Mahitha Commodities (P) Ltd will formally inaugurate its office at Anakapalle, a major jaggery trading centre in the district, on Jan. 26. The company has been in the market at Anakapalle for the past one year. ... More

CULTIVATION

Gujarat heading for record rabi crop
The Department of Agriculture, Gujarat, set a target of 30 lakh hectares (ha) for the rabi season 2005-06. Of this, the total area in the State covered so far is an all time 27.24 lakh hectares (ha), up five lakh ha compared with previous ... More

INFRASTRUCTURE

Irrigation projects: Finance Minister asks AP to send team to Delhi
THE Union Finance Minister, Mr P. Chidambaram, who has offered to help the Andhra Pradesh Government in completing the irrigation projects, has asked the State Government to send a team to New Delhi to discuss the issue further. Responding to a ... More

RUBBER

Rubber dealers' body to dabble in brokering
SINCE the rubber prices touched an all-time high of Rs 76 a kg, rubber dealers could get enough capital required for investment in rubber trade, but the profit was quite negligible, said Mr George Valey, President of the Indian Rubber Dealers ... More

Rubber prices continue to scale new peaks
SPOT rubber opened on a firm note on Monday. Prices continued to move up as covering groups maintained the aggressive mood amidst narrow arrivals. Transactions were low in the absence of sellers even at the quoted rates. Sheet rubber closed at ... More

TEA

Plantation sector worried over low prices for tea
IF the downtrend in auction tea prices continues to persist, it might deepen the crisis in Kerala's tea plantation industry. The sale realisation of tea at the Kochi auction continued to decline. In the three weekly sales this month, the ... More

HLL completes transfer of Doom Dooma to McLeod Russel
HINDUSTAN Lever Ltd (HLL) and McLeod Russel India Ltd (MRIL) on Monday completed the transaction for transfer of HLL's 100 per cent shareholding in Doom Dooma Tea Company Ltd to MRIL. In December 2005, both the companies had entered into a ... More

Tripping fortunes
A worker plucking tea leaves at a plantation in Kotagiri in Nilgiris district, Tamil Nadu. Rise in production coupled with a drop in exports has resulted in the tea prices slipping. The high wages and input costs have resulted in the quality of ... More

Low demand hits tea prices at Coonoor
LOW demand from the industry hit prices at the auctions of the Coonoor Tea Trade Association (CTTA) here during the weekend, despite the volume on offer coming down by 2.31 lakh kg over the previous week to 8.13 lakh kg. In the corresponding ... More

BIO-TECH & GENETICS

Gujarat may also drag Monsanto to MRTP — Sees a strong case for the US firm to cut seed prices
FOR Monsanto fresh trouble could be brewing from another State, apart from Andhra Pradesh. The Gujarat Government is examining the recent case against the life sciences major for charging high price for its genetically modified ... More

Performance draws flak at public hearing
THE jury at a public hearing on Bt cotton has said the genetically modified crop is causing several problems, such as increase in pests, diseases and economic losses for farmers. After listening to several speakers and farmers, the jury ... More

COTTON

Bt cotton royalty issue: AP seeks PM's support
THE Andhra Pradesh Government has sought the support of the Prime Minister, Dr Manmohan Singh, in its ongoing fight against the multinational company, Monsanto, on the Bt cotton royalty issue.The Chief Minister, Dr Y.S. Rajasekhara Reddy, on ... More

Cotton trade sees crop at 240 lakh bales
COTTON crop for 2005-06 is estimated at 240 lakh bales (170 kg), marginally below 243 lakh bales of last year. This season's output came from 89.25 lakh hectares giving a yield of 457 kg/ha. As of mid-January, arrivals aggregated 120 lakh bales ... More