AGRI-BIZ & COMMODITIES
COMMODITY EXCHANGES
Convergence of markets remains non-starter
THE much talked about convergence of securities and commodity derivatives markets seems unlikely to take off soon. The Finance Minister, Mr P. Chidambaram, had announced in the Union Budget that steps to integrate the commodities markets and ...
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MCX to focus specially on rubber, pepper futures
MULTI Commodity Exchange of India Ltd (MCX) has initiated steps to provide special focus on rubber and pepper so as to increase the futures trading in the exchange, according to Mr Jignesh Shah, Managing Director, MCX. Currently, the exchange ...
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RICE
Basmati, growth hopes keep rice stocks nutritious
RICE companies' stocks have been attracting lot of institutional investors on strong growth prospects and rise in basmati rice prices. Stocks that have attracted market attention today include KRBL (up 13.39 per cent at Rs 102.90 on the BSE), ...
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AQUACULTURE
`Traditional boats must be allowed to fish in monsoon'
THE Federation of Traditional Fishermen's Organisationof Coastal Karnataka has said that traditional fishing boats fitted with 25 HP outboard engines should be allowed to fish during monsoon. It said the ban on monsoon fishing should be ...
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INSIGHT
Focus on agriculture
THE LATEST World Employment Report (WER) brought out by the International Labour Office in Geneva has a chapter "Why Agriculture Matters", where it is argued that without growth in agriculture in developing countries ...
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COMMODITIES
Inflation falls a tad on cheaper food items
THE annual wholesale price index-based inflation rate slid marginally to 7.3 per cent for the week ended November 27, from the previous week's level of 7.34 per cent. The year-on-year inflation rate dipped largely on account of a sharp dip in ...
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PLANTATIONS
5 pc land is of little benefit, say Kerala planters
THE ailing plantation industry in Kerala, while welcoming the State Cabinet's decision to permit it to use 5 per cent of the estate land for diversified activities, said that extent of area allowed now would not be sufficient for viable ...
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RUBBER
Rubber prices gain on renewed buying
KOTTAYAM: Renewed buying from the covering groups and other sectors continued to add gains to most of the grades on Friday. Sellers preferred to stay on the sidelines as sentiments turned positive. The NMCE rubber futures weresteady. ...
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INDUSTRY ASSOCIATIONS
SUSTA hires i2i for promotions
THE Southern United States Trade Association (SUSTA) has hired Imports 2 India (i2i), a marketing firm, to undertake its promotional activities in the country. SUSTA is a non-profit agricultural association comprising departments of ...
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FOODGRAINS
Record output pressures global foodgrain prices
WITH coarse grains output set to reach newer heights by piercing the psychological one billion tonnes mark, and both wheat and rice production soaring higher, global grains output in 2004-05 is expected to hit a record 2.04 billion tonnes ...
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AGRICULTURAL INSTITUTIONS
TNAU's Community Radio Project
THE Tamil Nadu Agricultural University (TNAU) is pursuing its `Community Radio Project' the State to disseminate farm education among farmers, TNAU Vice-Chancellor, Dr C. Ramasamy, here. The facility to be brought four places in the State ...
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OILSEEDS & EDIBLE OIL
Bumper production likely in mustard/rapeseed
Overall coverage under rabi oilseeds, too, has been so far reported higher this year, at 81.22 lakh hectares.
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Asian demand seen supporting vegoil market
HIGHER soyabean output in the US may be driving global oilseeds production up this season, augmenting global supplies and pressuring prices down; but with strong demand, Asia is likely to come to the rescue of vegetable oil producers and ...
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EVENTS
Mumbai to host seed crushers' global meet
THE 74th International Association of Seed Crushers (IASC) World Congress will be hosted jointly by the Solent Extractors' Association of India and The Central Organsiation for Oil Industry and Trade (COOIT) during January 17-20, 2005 at Hilton ...
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INCOME TAX
Agriculture is no holy cow
T. N. Pandey on the dilemma of taxing the rural rich
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