Financial Daily from THE HINDU group of publications
Saturday, June 12, 2004

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NCDEX offers sellers provisions to deliver in 7 commodities
THE National Commodity & Derivative Exchange (NCDEX) has introduced "seller's right to deliver" provision in seven commodities for all the contracts expiring from this month onwards. These commodities are rubber, pepper, guarseed, jute, chana, .. More

`Debt moratorium should help farmers'
A DEBT moratorium for a period of six months, if announced by the Andhra Pradesh, would come as a big relief to the financially `distressed' farmers in the State, according to AWARE, a non-governmental development organisation (NGDO). The move ... More

Fish catch in DK, Udupi coast dwindles
MARINE fish catch dwindled by 11,968 tonnes in Dakshina Kannada and Udupi coast in the fishing season June 2003-May 2004 compared to the previous season. Fish catch in Dakshina Kannada district during the period was 83,784 tonnes (worth Rs ... More

Rubber flares up as monsoon hits tapping
"The rise in rubber prices will hit tyre makers as they have not gone for any hike in tyre prices." More

Spot prices up
THE spot rubber market improved on Friday. The covering groups pushed up the prices procuring the narrow arrivals. Sheet rubber RSS 4 closed at Rs 61.50 against Rs 61.25 on Thursday. The rubber futures continued the bull run on Friday. The ... More

Murli Agro commissions power plant
MURLI Agro Products Ltd (MAPL), the Nagpur-based, Rs 350-crore turnover company, has announced the commissioning of its 15 MW thermal power plant for captive consumption in a record time of 11 months. The power plant was set up at an investment ... More

Amul to expand liquid milk biz to other cities — Targets Rs 3,400-cr sales for current fiscal; looks at Pak for foray
THE Gujarat Co-operative Milk Marketing Federation (GCMMF), which has set a target of Rs 3,400 crore sales for the current fiscal, is looking to liquid milk sales in more cities to keep the smile on the face of the Gujarat farmers. Mr B M ... More

Shanthi group to foray into coconut oil production
HAVING established a niche for itself in the poultry feed and broiler birds segment, Shanthi Group of Companies has diversified into an unrelated product line, with the production of the `Shanthi' brand coconut oil. The product is expected to ... More

Global coffee output, exports seen higher
IT may be too early to say if the worst is over for the global coffee market which has for last five years been buffeted by unsteady production, stagnant consumption and falling prices. Small growers have been the worst hit. There are feeble ... More

Weak demand pulls down cardamom
CARDAMOM prices dropped at auctions held in major centres in Kerala and Tamil Nadu on Wednesday and Thursday on weak demand. The average price on Thursday at Bodinayakannur auction dropped to Rs 297, while at Kumily in Kerala on Wednesday to Rs ... More

AP plans welfare schemes for farming community
IN a departure from video conferencing and the use of IT to reach people advocated by the Chandrababu Government, the new Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara Reddy has decided to launch a bi-weekly, direction interaction with the ... More

G-20 alliance meet to break deadlock in WTO farm trade talks
WITH the G-20 alliance of agricultural exporters mainly led by Brazil, India and South Africa once again slated to meet on the sidelines of the forthcoming meeting of the UN Conference on Trade & Development (Unctad) in Sao Paulo next week, the . More

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Top Stories
RORO service again on Konkan Railway

Assocham opposes reservation of jobs in private sector

RBI mulls allowing investments in overseas index funds

`Demand for rooms in premium hotels drops'

PSU oil, refinery stocks decline

Broadcasters remain divided on CAS

Exports from STPI-H cross $1-billion mark

Looking back
May. 30-Jun. 5
Tea auction goes online in Coimbatore

Southern tea output seen down for fourth successive year

Increasing global demand seen reviving tea exports

Jan-April tea output declines to 127.2 mkg

April spices export doubles on surge in chilli shipments

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