AGRI-BIZ & COMMODITIES
FARM CREDIT
Naidu seeks Nabard help in revamping credit cooperatives
THE recapitalisation and restructuring of credit cooperatives in Andhra Pradesh would require a financial support of Rs 2,350.32 crore, as per an expert committee chaired by Mr P.V.A. Rama Rao, former Chairman and MD of Nabard. Stating this the ...
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Banks agree to reduce interest on food credit
FOLLOWING the Food Corporation of India's (FCI) threat to mobilise funds directly from the market and the Finance Ministry's endorsement of the same, the consortium of banks led by State Bank of India (SBI) has decided to reduce the interest on ...
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AQUACULTURE
Bumper harvest
Freshwater prawn farming in Chellanam near Kochi. Prawn farming is picking up in the State. There was a spurt in freshwater prawn farming activities from 2000 onwards in various maritime States. During 2002-03, an estimated 30,450 tonnes of ...
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RUBBER
Rubber gains on demand
KOTTAYAM: Rubber market continued to gain on Tuesday. All the grades except latex improved as the covering groups revised their quotations. Sentiments improved considerably along with favourable reports from world markets. . The futures ...
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SUGAR
It's sweet, but can't be crushed
HAVE you ever wondered why the `black sugarcane' that is sold in large numbers during the Tamil festival of Pongal is not used in crushing? Simple. This cane is neither fit for crushing nor for extraction of cane juice. It is otherwise called ...
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GOLD & SILVER
Fresh peak seen in gold during H1
GOLD will ride a final leg of the recent rally to a fresh peak in the first half of 2004, but the yellow metal remains vulnerable to the withdrawal of support from speculative investors, according to Barclays Capital, the investment banking ...
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FOODGRAINS
Foodgrain exporters demand fresh FCI quotas
PRIVATE foodgrains exporters want the Union Government to remove the temporary suspension and issue fresh quotas for lifting of foodgrains from Food Corporation of India. They have also requested Indian Railways for easy availability of rakes ...
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AGRICULTURAL INSTITUTIONS
Icrisat plays host to World Bank meet on rural strategy
The International Crops Research Institute for the Semi-Arid Tropics (Icrisat) is hosting a meeting of top World Bank officials on the bank's new agriculture and rural development strategy from Monday. Attending the four-day meeting are the ...
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OILSEEDS & EDIBLE OIL
Edible oil refiners lobbying for excise duty withdrawal
WITH the Government announcing a series of sops and concessions ahead of the widely expected general elections by April, desperate attempts by the edible oil refining industry to get an excise duty exemption have begun. In the last Union ...
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Plea to reimpose 4 pc SAD on refined oils
THE New Delhi-based Central Organisation for Oil Industry and Trade (COOIT) has urged the Government to reimpose four per cent special additional duty (SAD) on imported refined edible oils. SAD was removed as part of several concessions ...
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SPICES & CONDIMENTS
Domestic demand props up pepper
SPOT pepper prices continued to rise on good domestic demand, while futures showed a decline at the terminal market here on Tuesday. The prices of MG 1 and ungarbled were Rs 8,100 and Rs 7,800 respectively as against the last weekend close of ...
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AGRICULTURAL POLICY
Cabinet clears Bangalore airport package — Private sector gets entry into foodgrain procurement
IN a move aimed at giving a boost to the development of the private sector greenfield airport in Bangalore, the Union Cabinet on Tuesday cleared the concession agreement thereby paving the way for the project to take off. In another clearance, ...
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