AGRI-BIZ & COMMODITIES
AQUACULTURE
Sethusamudram project — Baalu promises support to fishing sector
THE Union Minister for Shipping, Road Transport and Highways, Mr T.R. Baalu, has said the plan report for the Sethusamudram project would be ready by November. He was participating in an inter-action session with the representatives of the ...
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RUBBER
Tapping in full swing
One of the many growers in Nellikunnam in Kerala's Thrissur district who have begun rigorous tapping of the rubber trees. Tapping is in full swing in the State after months of heavy rains. Though prices have slid somewhat, they are still ...
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Spot rubber slips on scattered sales
THE reduction of export subsidy to 50 per cent of the original rate depressed the market sentiments on Friday. Sheet rubber declined a tad to Rs 54 from Rs 54.25 on Thursday. All the grades except RSS 5 lost on scattered selling from traders in ...
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Rubber trade upset over cut in export subsidy
THE Government's decision to cut the subsidy given for rubber exports by 50 per cent is an inadequate measure to promote exports, according to traders and exporters. The new rates are not enough to cover the additional expenses incurred for the ...
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TEA
Tea output dips 9 pc; exports increase 22%
THE fortunes of the tea industry appear to be brightening with a nine per cent production fall in the first seven months of 2004 and a simultaneous 22 per cent increase in exports. According to statistics released by the Tea Board, production ...
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GOLD & SILVER
Gold may decline after US presidential polls
ALTHOUGH gold has recovered from the April retracement and is currently hovering around $400 an ounce on physical and fund support, in the short-term there are upside risks due to economic and geo-political concerns. However, prices are expected ...
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OILSEEDS & EDIBLE OIL
Suspense mounts over US soya crop
WITH each passing day, suspense over the size of the next US soyabean crop is mounting. Behaviour of the weather in recent weeks, especially in the Midwest has not been one to warrant a serious concern; but doubts persist. The first half of ...
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SOPA urges Centre to restrain oil cos from hiking hexane price
THE Soyabean Processors Association of India (SOPA) has urged the Union Government to restrain oil companies from hiking the prices of food grade hexane, used in processing oilseeds. In a letter to the Union Minister of Petroleum and Natural ...
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CREDIT CARDS & DEBIT CARDS
BoI to issue 2 lakh kisan credit cards
BANK of India (BoI) plans to issue more than two lakh Kisan Credit Cards 2004-04 to help achieve its aim of disbursing over Rs 3,300 crore towards agriculture credit in the current fiscal. The focus would be on small and marginal farmers. Of ...
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