AGRI-BIZ & COMMODITIES
COMMODITY EXCHANGES
NMCE launches SMS service for live updates
NATIONAL Multi-Commodity Exchange of India Ltd (NMCE) today launched short messaging service (SMS) - query services on mobiles to provide live updates on the movements on the commodities traded on the exchange, an official said. Users would ...
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ANIMALS & LIVESTOCK
Australia to use electronic tags to trace livestock history
AUSTRALIA plans to introduce property identification code (PIC) that will trace back the origins of cattle and sheep with the help of electronic tags that will be attached to the tail or ear of the animal. "PIC will have individual animal ...
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CULTIVATION
Drought conditions hit betel vines in Tiruchi
THE betel vine farming in the Thottiam and Balasamudram belt in the Tiruchi district has been severely affected due to the prevailing drought conditions for the last two years. According to Mr V. Kadiresan Pillai, a betel leaf grower in ...
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INSIGHT
Farm credit needs a lending hand
Even as the banking scene is changing, so are the needs of farmers, who are thought of as a class of interest rate-insensitive habitual borrowers with an insatiable thirst for credit. But this is far from the truth as they are also major savers, an d pay high enough interest rates to make rural banking remunerative, says N. K. Thingalaya, suggesting that banks must re-orient their rural services to changed times.
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PESTICIDES
Pesticides sector calls for crackdown on fakes — Demands amendments in Insecticides Act
The counterfeit business has mainly affected multinationals, which mostly market low volume, high value insecticides.
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SUGAR
What higher sugar release portends
THE Government is probably trying to kill two birds with one stone; and it may succeed. The latest decision relating to sugar free-sale quota appears to be intended to meet more than one objective. There has been concern in recent weeks over rise ...
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FOODS & FOOD PROCESSING
Solae plans to set up production unit in India — Launches soy products in tie up with Speedway
THE Solae Company, a joint venture between DuPont and Bunge, today said it will manufacture textured soy proteins and soy protein specialty products in India and will shortly apply to the Foreign Investment Promotion Board (FIPB) for approval for ...
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AGRICULTURAL INSTITUTIONS
Banks may let FCI prepay loans sans penalties
AS part of a strategy to retain good customers on their books, public sector banks have indicated that they would not impose any prepayment charges on Food Corporation of India (FCI). FCI was allowed to raise funds directly through bonds early ...
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COTTON
Better yields, profit from Bollgard cotton, says survey
BETTER yields, reduction in pesticides sprays against bollworms and higher profits have been identified as the biggest benefits from the introduction of Bollgard cotton in the country. In a survey covering five of the six States growing ...
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JUTE
IJSG gets set to promote jute pulp
APPROXIMATELY four billion trees which are cut down every year by the global paper producing industry can now be saved because an alternative to tree pulp has been successfully developed. After three years of extensive research carried out at ...
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EXPORTS & IMPORTS
Centre opens export gate for muli bamboo
THE Central Government has now permitted export of muli bamboo, which is the second largest species of bamboo by volume in the country. Exports of muli bamboo were hitherto prohibited. Official sources said that muli bamboo could now be ...
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