The Hindu Business Line : Friday, October 17, 2003

Soya output may touch 7 mt
WITH bumper production and high prices, the country's soyabean farmers are reaping a rich harvest this year. Early reports of the crop harvest indicate that soyabean production is likely to touch 7 million tonnes (mt), higher than the official ... More

HORTICULTURE/FRUITS & VEGETABLES

Govt mulls off-season apple imports from NZ
THE Government will examine the possibility of importing apples from New Zealand during off-season, especially to cater to the South Indian markets, as part of trade promotion understanding with that country. India and New Zealand have also ... More

RUBBER

Rubber rises further on good demand
THE physical rubber market showed a better trend on Thursday. Sheet rubber RSS 4 moved up further to close at Rs 51 per kg against Rs 50.50 on Wednesday as the covering groups continued to offer higher quotations. ISNR 20 and latex remained ... More

TEA

CCEA nod for tea development fund
THE Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved creation of fund for development, modernisation and rehabilitation of the tea plantation sector out of the revenue earnings of an additional excise duty of Rs one per kg from ... More

3 coop units sue Coonoor-based tea auctioneer for payment dues
THREE industrial co-operative factories in the Nilgiris have filed a suit against the Coonoor-based Contemporary Tea Auctioneers Ltd in the District Munsif Court of Coonoor. The suit has been filed for not paying the `prompt' amount due to ... More

WATER

Advice to farmers on use of water
HYDERABAD: Six thousand litres of water is used for the production of one kilogram of rice at present and there is ample scope for reducing this by using water on rotation system, according to the State Minister for Agriculture, Mr V. ... More

OILSEEDS & EDIBLE OIL

Tariff values on imported edible oils to be hiked
THE Finance Ministry is set to sharply increase the tariff values on imported edible oils in view of the recent hardening in international prices. A formal notification from the Central Board of Excise and Customs (CBEC), spelling the new ... More

Palm stearine sold as vanaspati
THAT adulteration has become a lucrative source of income for manipulators in the complex yet burgeoning edible oil business is well known; but recent developments suggest the malaise is deeper than generally believed as a result of which ... More

SPICES & CONDIMENTS

Pepper down on poor demand
PEPPER prices are on a declining trend due to weak demand and on reports of heavy selling pressure and increased availability in the country. Spot price fell by Rs 200 a quintal. MG 1 was sold at Rs 7,300 as against last Saturday's Rs 7,500 per ... More

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