AGRI-BIZ & COMMODITIES
CULTIVATION
Second chance
As monsoon wanes, farmers in Kuttanad in Alappuzha district are preparing the fields for the second crop. During last season, 30,000 hectares of paddy cultivation were destroyed by saline water as regulator bunds at Thaneermukkam and Thottapally ...
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RUBBER
Steady trend in spot rubber prices
DOMESTIC spot rubber market continued its steady trend on Tuesday as buyers adopted a wait and watch policy. Though the covering groups and purchase agents were present in the market, they appeared reluctant to give quantum purchase orders. ...
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TAXATION
Service tax on commodity futures — Govt may get Rs 120 cr from broking fees
THE Government is likely to mobilise no less than Rs 120 crore per annum by way of service tax on the amount of broking fees to be charged from commodity brokers. The commodity brokers who deal in futures trading through various commodity ...
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WATER
Kerala to set up River Basin Organisation
The organisation will deal with the issues of river protection and management, watershed management and geomorphology.
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DAIRY & DAIRY PRODUCTS
Amul setting up Rs 58-cr powder plant in Gujarat
THE Gujarat Co-operative Milk Marketing Federation (GCMMF) is putting up a 100 tonnes per day (tpd) powder plant alongside its existing Mother Dairy plant in Gandhinagar at a cost of Rs 58 crore. The 13-month turnkey project has been awarded ...
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Milma token strike on July 15
THIRUVANANTHAPURAM: Employees of the Kerala Cooperative Milk Marketing Federation (Milma), affiliated to INTUC, CITU and AITUC, will go on a token strike for 24 hours from 10-30 p.m. on July 15 to protest against the non-implementation of ...
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FOODGRAINS
Dry spell may impact coarse grains, pulses
The Agriculture Ministry says it is too early to panic and write off this year's kharif crop. IMD says a revival in monsoon is expected around July 16.
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OILSEEDS & EDIBLE OIL
Cargill in pact with Parakh Foods to expand edible oil business
THE Indian arm of the US agri-business giant Cargill India is set to considerably expand its edible oil business in the country. As a prelude, the multinational has signed a memorandum of understanding with Parakh Foods Ltd, owners of Gemini, one ...
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POULTRY
Budget proposal to help value-added chicken units
THE lowering of excise duty from 16 per cent to 8 per cent for poultry announced in the Union Budget for 2004-05 may not directly benefit either the poultry farmers or the commercial layer/broiler producers unless they are into the production of ...
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SPICES & CONDIMENTS
Pepper rules steady
PEPPER prices ruled steady at the terminal market here while there has been no activity in the international market as the players are waiting and watching the trend in producing countries. Indonesian production is reported to be less while ...
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AGRICULTURAL POLICY
Oil cos asked to work out subsidised diesel scheme for farmers
THE Petroleum Minister, Mr Mani Shankar Aiyar, has asked the public sector oil marketing companies to study the possibility of providing diesel to farmers using diesel-fuelled pump sets and fishermen using boats powered by diesel motors. In a ...
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