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Wednesday, December 29, 2004

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AGRI-BIZ & COMMODITIES

FARM CREDIT
ICICI Bank sees farm credit at Rs 7,000 cr
ICICI Bank is likely to meet its targets for agricultural lending in this financial year. The bank expects to disburse Rs 7,000 crore towards agricultural credit by the end of fiscal 2004-05 as compared with Rs 4,000 crore disbursed in the ... More

RICE
NCDEX to launch rice futures in Jan
THE National Commodity and Derivatives Exchange Ltd (NCDEX) is planning to launch rice futures next month. It has sought approval from the Forward Markets Commission, said Mr P. H. Ravikumar, Managing Director and CEO, NCDEX. Thereafter, the ... More

POWER
AP Govt report on free power to farm sector soon
THE Andhra Pradesh Government, which convened an all-party meeting on Tuesday to discuss the existing free power supply to the agricultural sector, will be submitting its views to the State Electricity Regulatory Commission (APERC) shortly. The ... More

RUBBER
Rubber market remains firm
SPOT rubber continued to move forward on Tuesday. Though the world markets were reported to be slipping under the grip of a technical correction, the domestic market remained firm as all-round purchases from various sectors contributed to ... More

SUGAR
Oil firms float fresh tender for ethanol — To meet UP, Uttaranchal requirements
FOLLOWING allegations of the gasohol programme being given a quiet burial by the present United Progressive Alliance (UPA) Government, public sector oil marketing companies have invited fresh bids for purchase of 7.83 crore litres of ethanol ... More

Growers find jaggery prices `encouraging'
JAGGERY prices are fairly encouraging this season at the Anakapalle jaggery market yard, though not as high as last year, and the farmers are hoping the trend will continue till the end of the season. Anakapalle in Visakhapatnam is the second ... More

TEA
Coonoor tea auctions disappoint producers
THE curtains came down for the tea auctions for 2004 conducted by the Coonoor Tea Trade Association (CTTA) last week with a note of disappointment for the producers who saw the prices falling on an average Rs 4 and in some cases, Rs 5 a kg over ... More

AGRICULTURAL INSTITUTIONS
Nabard package for AP's tsunami victims
THE National Bank for Agriculture and Rural Development (Nabard) has prepared a financial package to help the victims of the deadly tsunami in Andhra Pradesh and other affected regions of the country. It has also decided to monitor the ... More

Nabard's special financial package for tsunami victims
THE National Bank for Agriculture and Rural Development (Nabard) has prepared a special financial package to provide relief to the people in the tsunami-affected regions of the country. Investment finance will be provided to fishermen for ... More

OILSEEDS & EDIBLE OIL
Castorseed may fall further on supply glut
CASTORSEED spot prices may fall further on hopes of higher supply at major terminal markets amid restricted buying interest for export. On Monday, fresh inflows in Gujarat doubled to nearly 18,000 bags as against 7,000-8,000 bags average ... More

COCONUT & COPRA
'Coconut plantations may have been affected by tsunami'
COCONUT plantations along the shorelines of Tamil Nadu, Andhra Pradesh and Kerala might have been affected by Sunday's tsunami attack, Ms Radha Singh, Secretary, Ministry of Agriculture, said on Tuesday.However, a proper assessment was yet to be ... More

CASHEW
Cashew industry set to achieve record exports this year
THE cashew industry is all set to break records in terms of import and export and processing capacity during 2004-05, according to Mr K. Prakash Rao, President of the Mangalore Cashew Manufacturers' Association (MCMA). According to a release on ... More

EVENTS
3-day mela on farm tech at Kateel in Dakshina Kannada dist
MANGALORE: Sri Kshetra Dharmasthala Rural Development Project (SKDRDP) will conduct a three-day `Krishi Mela' at Kateel in Dakshina Kannada district from January 6. The Executive Director of SKDRDP, Dr L.H. Manjunath, told presspersons ... More

Biodiversity conservation meet at Thiruvananthapuram
THIRUVANANTHAPURAM: The Tropical Botanic Garden and Research Institute of Thiruvananthapuram (TBGRI) and the Indian Association for Angiosperm Taxonomy (IAAT) are organising a conference on `New frontiers in plant taxonomy and biodiversity ... More




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