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COMMODITY EXCHANGES
Bill to allow options trade in commodities soon
THE Ministry of Consumer Affairs will re-introduce a Bill in Parliament to amend the Forward Contracts Regulation Act (FCRA) allowing options trade in commodities, a senior Government official said on Friday. ``Our Ministry had introduced a ... More

FARM CREDIT
Relief package for farmers announced — Debt to be recast; credit flow being enhanced
IN its first major pro-farm initiative, the United Progressive Alliance today announced a comprehensive debt-restructuring package for the country's agricultural community, involving a rescheduling of loans (as opposed to write-off) extended by ... More

YSR terms Mumbai visit `productive' — RBI, Nabard respond favourably
THE Reserve Bank of India (RBI) and Nabard have responded favourably to the plea made by the Andhra Pradesh Government to come out with a special package for the drought-stricken farmers in the State, involving re-scheduling of the existing loans ... More

Educate farmers on loan repayment, says Karnataka Bank CEO
THE Chairman and Chief Executive Officer of Karnataka Bank Ltd, Mr Ananthakrishna, has advised his staff to educate farmers and emphasise on loan repayment. In view of mounting NPAs in the plantation sector, field-level functionaries should ... More

Andhra Bank's promise to farmers
VISAKHAPATNAM: Andhra Bank will do its best to lend a helping hand to the distressed farmers in Andhra Pradesh, as sought by the Chief Minister, and explore the possibilities of funding irrigation projects in association with other banks, ... More

AQUACULTURE
Fishing in troubled waters
Fishermen take to angling from atop the pier at Valiathura near Thiruvananthapuram as the monsoon has turned the seas rough and dangerous for them.

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FERTILISERS
As phosphoric acid price shoots up — Paswan seeks higher fertiliser subsidy
THE Union Chemicals and Fertilisers Minister, Mr Ram Vilas Paswan, has sought an additional subsidy of Rs 1,000 crore in the forthcoming Budget to ensure cheaper supply of fertilisers to farmers in country. This comes in the wake of some ... More

HORTICULTURE/FRUITS & VEGETABLES
Bengal mangoes find place in London food marts
MANGOES from West Bengal are now finding their place on the shelves of food marts in London. This is the first time that such exports have materialised. ``The first consignment was put on a British Airways flight to London on June 10 and ... More

HLL completes sale of holding in KICM (Madras)
HINDUSTAN Lever Ltd (HLL) has completed sale of 100 per cent shareholding in KICM (Madras) Ltd to two non-resident Indians (NRIs) named Mr Ramana Epparla and Ms Siva Epparla after receiving necessary approvals from the Foreign Investment ... More

RUBBER
Bullish trend in rubber market
The covering groups and purchase agents blindly chased the narrow arrivals offering the highest closing rate ever recorded in the history of Indian rubber. All the grades gained in the bullish spree and sheet rubber RSS 4 was quoted at Rs 67 a ... More

OILSEEDS & EDIBLE OIL
No case for refined oil excise duty withdrawal
WITH a new Government at the Centre and a new Budgetary exercise underway, the vegetables oils-based industry associations have started to lobby the policymakers with the intention to wrest concessions. Of the many demands and objections ... More

TRENDS
AP farmers to take up projects abroad
IT'S not just IT pros and nurses, now Indian farmers, too, will knock on the doors of consulate offices seeking visas to take up placements abroad. The new State Government, which has put agriculture top on its agenda, is working on an ... More

Top Stories
AP farmers to take up projects abroad

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