Financial Daily
from THE HINDU group of publications

Saturday, July 28, 2001





Rainfall spread `satisfactory'
WHILE the groundnut growing areas of Gujarat have received timely monsoon rains, the regions of Rayalseema in Andhra Pradesh, where the legume is widely cultivated, are starved of rain.

HC makes prior permission mandatory for aquaculture in AP
IN a significant judgment with far reaching consequences, the Andhra Pradesh High Court has directed the State authorities on Thursday not to allow anybody to carry on the activities of shrimp culture or prawn culture or any type of acquaculture in the S tate without obtaining the prior permission of the competent authority.

Financial aid to brown fibre sector goes up
THE Coir Board's financial assistance to the brown fibre sector had gone up substantially during the last fiscal.

Online trading of cotton, oilseeds futures soon
FOR the first time, India's two premier exchanges --the East India Cotton Association (EICA) and the Bombay Commodity Exchange (BCE) -- are going to kick off online futures trading in cotton and oilseeds very shortly. The exchanges are in the process of commencing mock trading next month.

Commodities bourse: No decision yet on location
THERE is still delay over finalising the location for the much-awaited National Commodities Exchange (NCE).

Kerala traders oppose rubber MSP
THE Cochin Rubber Merchants Association has demanded the Union Government to desist from the move to declare minimum statutory prices for rubber as it will not benefit rubber growers in the State.

CTCs steady at Kochi auction
A GOOD general demand has resulted in the spurting of prices of almost all varieties of tea at the Kochi tea auction.

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