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Saturday, September 18, 2004

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AGRI-BIZ & COMMODITIES

FARM CREDIT
Canara Bank ties up with New Holland for tractor finance
NEW Holland Tractors (India), part of CNH Global N.V., has tied-up with Canara Bank to offer attractive finance schemes for its customers. Under the scheme, named Canara Bank-New Holland Tractor Finance Scheme, farmers can avail a flat rate of ... More

ICICI Bank thrust on post-harvest lending
IN a bid to make rural lending less risk prone, ICICI Bank has adopted innovative strategies focused on bringing together the supply-chain players and farmers to ensure better prices for agricultural produce. The bankhas evolved a pilot ... More

STORAGE
AP marketing dept targets Rs 228-cr market fee
THE Andhra Pradesh Department of Marketing (DOM) has targeted to collect a market fee of Rs 227.90 crore in the current year on the purchases made at the market yards spread across the State. So far, it had collected Rs 77.77 crore, which was ... More

RUBBER
Rubber prices remain static
THE physical rubber market closed almost unchanged on Friday. The enquiries from the exporters kept the prices firm though the tyre companies were reported to have shifted their purchases to village markets. RSS 4, the sheet rubber closed at Rs ... More

UPASI urges Government to check decline in rubber prices
THE United Planters' Association of Southern India (UPASI) has sought immediate Government intervention for restoring port restrictions and export incentives for the natural rubber till parity in prices is established. The Chairman of the ... More

TEA
Global tea output flat
THE global tea output in the current calendar year is running almost on the same lines as last year. According to the information received from the producing nations, between January and July, the world tea production totalled 821.6 million kg ... More

Tea prices spurt on good demand
A GOOD general demand resulted in the spurting of prices of almost all varieties of tea at the Kochi tea auction. Of the 7.09 lakh kg on offer in the dust category, the price was steady to dearer by around Rs 2. Low priced CTCs appreciated ... More

Tea advisory panel formed
NEW DELHI: A TEA advisory committee has been constituted in the Commerce Ministry to monitor the implementation of the 25-point recommendations of the stakeholders conference, the Union Commerce and Industry Minister, Mr Kamal Nath, said ... More

COTTON
Cotton may fall on new arrivals, weak yarn
COTTON prices are expected to fall further in the next few days on reports of fresh arrivals of new crop, weak yarn market and limited buying interest by cotton mills. Cotton spot prices of select grades such as J-34 and Shankar-4 have ... More

OILSEEDS & EDIBLE OIL
Tariff rate cut: Relief to vegoil importers
The revision in base price has come a little too late as kharif oilseed arrivals have already begun. More

AGRICULTURAL POLICY
Haryana geared up for paddy purchase
THE Haryana Government has said that it has made all arrangements for the smooth procurement of paddy and bajra at the Minimum Support Price (MSP) fixed by the Union Government. The Financial Commissioner and Principal Secretary, Food and ... More

EVENTS
Commodity trading workshop to focus on potential
THE Bombay Stock Exchange Training Institute is organising an international workshop on commodity trading from October 3 to 7 in the city. The workshop will focus on the commodities of interest to the Asian markets. It is intended to highlight ... More

CO-OPERATIVES
Visakha Dairy polls put off
TENSION gripped Visakha Co-operative Dairy on Friday, as the Congress legislators and workers managed to stop elections to the posts of three directors, alleging bogus voting. The police resorted to lathicharge to bring the situation under ... More




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Sep. 5-Sep. 11
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