AGRI-BIZ & COMMODITIES
FARM CREDIT
UCO Bank trims crop loan rates
UCO Bank has reduced its interest rate on crop loans by half a percentage point. Effective March 1, loans up to Rs 50,000 will carry an interest rate of 8.5 per cent. Loans between Rs 50,000 and Rs 2 lakh will carry a rate of 9.5 per cent, a ...
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SEEDS
AP faces huge shortfall in seed production
WITH nearly 500 private seed companies involved in the seed business and a huge production network, the total certified seed (CS) production in Andhra Pradesh was about 2 million quintals during 2002-03 or just 40 per cent of the total ...
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AQUACULTURE
Vizag shrimp exporters to fight US duties
FIRST it was outsourcing and now it is shrimps. Indian exports to the US have run into rough weather, thanks to the protectionist measures initiated by the US Government. The US Trade Commission has given preliminary approval for imposition of ...
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RUBBER
Tapping feel-good factor
A worker tapping rubber on a plantation in Kerala's Thrissur district. Higher prices for rubber and latex are encouraging growers to go in for better plant protection measures. The prices have improved on a rebound in transport sector growth and ...
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Rubber steady on tyre firms' purchases
THE physical rubber prices were almost steady on Thursday. RSS 4, the only gainer of the day, closed at Rs 52.75 against Rs 52.50 on Wednesday. According to market sources, some tyre companies were also buying sheet rubber at the prevailing ...
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SUGAR
Sugar mills ready to pay SMP for cane
TILL a month back, sugarcane growers and mills were on a virtual warpath. The mills were refusing to pay not just the Rs 95 per quintal price `advised' by State Governments such as Uttar Pradesh, but also the Statutory Minimum Price (SMP) of Rs ...
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TECHNICAL ANALYSIS
Gold may dip before rising
GOLD prices continue to rise again on the back of a rally in the Euro and other major currencies against the dollar. Talks of European central bank intervention or rate cuts depressed the precious metals markets for a while. However, comments ...
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COIR
Coir geo-textiles can control soil erosion: Study
STUDIES conducted by the State Government to develop a uniform standard on coir geo-textiles for soil erosion control as part of its development programme have proved that irrespective of the weaving pattern and spinning methods it is good for ...
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OILSEEDS & EDIBLE OIL
Rising freight charges impact soyameal exports
SOYAMEAL exports from the country have been hit by rising freight rates along with avian influenza in many Asian countries. According to Mr Rajnikant Rai of ITC International Business Division, international price of the product has dropped to ...
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CASHEW
Cashew industry upset over cut in DEPB rates
THE cashew industry is upset over the moves of the Director-General of Foreign Trade (DGFT) to steeply reduce the Duty Entitlement Pass Book (DEPB) rates for the sector. The DGFT had announced the reduction in DEPB rates for the cashew industry ...
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