AGRI-BIZ & COMMODITIES
CULTIVATION
Patchouli movement gaining ground in Siddapur
SIDDAPUR in the Western Ghat region of northern Karnataka may be seeing the beginning of a small, quiet, fragrant movement. Fourteen villages around the town have been chosen to be part of a three-year `patchouli movement' of the Central ...
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AQUACULTURE
GPS navigators help fishermen steer clear of cyclone
FISHERMEN of coastal Karnataka might have incurred loss due to the recent cyclonic storm. Yet, they are happy with the fact that modern technological tools such as GPS (global positioning system) navigators helped them in bringing down the loss ...
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HORTICULTURE/FRUITS & VEGETABLES
Indian mango may soon surmount Chinese wall
INDIAN mangoes may soon become a permanent feature of the Chinese palate. It all now boils down to a clearance from the Chinese Agriculture Ministry officials. Last month, two Chinese Agriculture Ministry officials visited various parts of the ...
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RUBBER
Rubber market remains stagnant
THE rubber market continued to stagnate in the absence of trading interest on Wednesday. With the exception of ISNR 20, which lost 25 paise on brisk selling pressure, all the grades remained unchanged as the transactions were extremely thin. ...
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TEA
Tea prices drop at Coonoor sales on lack of demand
PRICES dropped at the auctions conducted by the Coonor Tea Trade Association (CTTA) this week with the demand inadequate to absorb the entire volume of 8.75 lakh kg on offer at fair prices. Consequently, brighter liquoring and high ...
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CASHEW
Cashew kernel exports decline
EXPORTS of cashew kernels during 2003-04 dropped by Rs 129 crore to Rs 1,804 crore from Rs 1,933 crore in 2002-03. In terms of volume, the exports stood at 1,00,828 tonnes last fiscal as against 1,04,137 tonnes in 2002-03. Export of cashew nut ...
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COMMODITY MARKETS
RBI mulls blanket approval to cos for commodity hedging
THE Reserve Bank of India is understood to be considering a proposal to grant blanket approval to Indian companies having exposure in commodities to freely hedge in the international exchanges. Currently, companies do take permission on a ...
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