The Hindu Business Line : Tuesday, March 08, 2005

PM assures more funds for farm research
POINTING out that the Government is committed to launching the second green revolution, the Prime Minister, Dr Manmohan Singh on Monday promised rural India a "new deal" to reverse decline in farm investments through increased funds for ... More

COMMODITY EXCHANGES

MCX, IPSTA sign pact to share trade facilities
"Both will work on a mutually beneficial basis." More

CLIMATE & WEATHER

Thundershowers forecast in Kerala
THE skies have opened up in the State a little more than two months after the northeast monsoon lifted, bringing in the first few spells of the eagerly awaited summer showers in many areas. In the words of Mr M.D. ... More

POWER

`World Bank not against free power to farmers'
AMIDST frequent media reports that the World Bank has been pressurising the State Governments such as Andhra Pradesh to do away with free power to farmers, the World Bank senior vice-president and Chief Economist, Mr Francois Bourguignon, said ... More

RUBBER

Rubber slips on profit booking
The Government's decision to reduce the tax rate on closing stocks to four per cent failed to hold the initial gains, though the market opened on a steady note. According to market circles, buyers were more cautious on reports of rains from ... More

PRECIOUS METALS

PSUs sell non-monetary bullion
MUMBAI: The Government has sold about three tonnes of gold and about 200 tonnes of silver in the past one-and-a-half month through public sector undertakings, mainly MMTC and HHEC. In January-end, the Government had announced the sale of ... More

DAIRY & DAIRY PRODUCTS

Gujarat hands over 7 sick Saurashtra dairy units to NDDB
THE Gujarat Government has handed over seven defunct dairies with an aggregate capacity of four lakh litres per day and a 100 tonnes per day cattle feed plant located in Saurashtra to the National Dairy Development Board (NDDB). As per the ... More

FOODGRAINS

Australian Wheat Board gets FIPB nod to open subsidiary
THE Australian Wheat Board has received the approval of the Union Finance Minister, Mr P. Chidambaram, for setting up a wholly-owned subsidiary in India. The proposal of AWB Ltd and AWB (Australia) Ltd to set up a company with 100 per cent ... More

OILSEEDS & EDIBLE OIL

`Place vanaspati imports in negative list of trade pact with Nepal, Lanka'
THE Vanaspati Manufacturers' Association of India has demanded that vanaspati be placed in the `negative list' of imports under the India-Nepal Treaty of Trade and the India-Sri Lanka Free Trade Agreement. Under these agreements, vanaspati ... More

COCONUT & COPRA

`Coconut palms withstood tsunami'
MANGALORE: Coconut palms withstood the impact of the December 26 tsunami along the coastline of India, says Dr V. Rajagopal, Director of Central Plantation Crops Research Institute (CPCRI) at Kasaragod in Kerala. A CPCRI team, led by Dr ... More

CASHEW

Seminar on improving cashew output
THE Karnataka Cashew Manufacturers' Association (KCMA), in association with the Department of Horticulture, National Horticulture Board, and Sri Kshetra Dharmasthala Rural Development Programme (SKDRDP), will hold a seminar on `Opportunities for ... More

POULTRY

Summer jitters for table egg trade
THE `summer' syndrome may affect the table egg trade. A less than normal egg consumption is expected to pressure the price, thus hitting layer egg farms and trade. The lower shelf-life of the eggs during hot weather is likely to make the trade ... More

SPICES & CONDIMENTS

Cured vanilla production estimated at 100 tonnes
AS harvesting of vanilla has almost come to an end, the total production of cured beans in the country is estimated at around 100 tonnes against the world demand of about 2,000 tonnes this year. However, the actual demand and price trend will ... More

TRENDS

PNB plans farmers training centre in TN
MADURAI: The Punjab National Bank plans to start a Farmers Training Centre in Tamil Nadu. The State Government has been approached for an allocation of nine acres to start the centre. Once it is made available, the bank would establish ... More

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