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Thursday, March 17, 2005

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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES


Turnover-based fee likely for commodity brokers
FMC may not strictly follow the SEBI model; it is understood to have worked out a revenue model and submitted it to the Ministry. More

RICE


Satnam Overseas eyes Rs 800-cr sales in 2 years — To increase focus on branded rice, ready-to-eat products
SATNAM Overseas is eyeing a sales target of Rs 800 crore — a 60 per cent jump — within two years. The company plans to achieve this target by enhancing focus on the branded business and defocusing its twin businesses of basmati ... More

CLIMATE & WEATHER


Isolated rains in Kerala
Rain or thundershowers occurred at isolated places in the State on the four days ending March 13 in a pattern that is representative of the season even as surface temperatures sea-sawed. Punalur reported the highest maximum of 36.8°C on March ... More

Gale hits plantain crops
MADURAI: Hundreds of acres of plantain crop were destroyed due to a sudden gale in the Manachanallur block on Sunday night in Tiruchi district. Several varieties of the plantain crop such as Nendran, Poovan, Mondan and Elasi have been ... More

AQUACULTURE


Call to redesign fisheries policies
THE State Fisheries Minister, Mr Domnic Presentation, has called upon the scientific community to redesign the fisheries policies so as to face major challenges such as sustainability of fish stock and to combat outbreaks of disease. The ... More

INFRASTRUCTURE


Bharatiya Kisan Sangh seeks $20-b fund for agri infrastructure
THE Bharatiya Kisan Sangh (BKS) has urged the Union Government to set up a $20-billion fund to improve agriculture infrastructure in the country. Addressing newspersons here on Wednesday, Mr Babasaheb Kathwale, BKS General Secretary, said that ... More

RUBBER


Rubber prices rise on panic buying
PANIC buying from the covering groups and purchase agents took spot rubber rates to further highs on Wednesday. All the grades gained smartly and it was difficult to find out quantum sellers even at higher levels. Anticipations about better ... More

SUGAR


Raw sugar imports may turn a liability
WILL companies which have imported raw sugar against advance licences (AL) provide for contingent liability, arising from the future export obligation on these, in their end-year balance sheets? This question is being raised at a time when ... More

Raw sugar imports likely to be lower
THE country's raw sugar imports are likely to be only 20 lakh tonnes (lt) during the current 2004-'05 season (October-September), as against the earlier estimated requirement of 25-30 lt. This comes in view of the domestic sugar output turning ... More

BIO-TECH & GENETICS


Nobel Laureate pitches for GM technology
LEGENDARY agricultural scientist and Nobel Laureate, Dr Norman Borlaug, on Wednesday made a strong case for adoption of genetically-modified (GM) technologies to enhance agricultural growth in developing countries. Delivering the Coromandel ... More

COIR


Coirfed signs export pact
THIRUVANANTHAPURAM: The Kerala State Cooperative Coir Marketing Federation (Coirfed) has signed a memorandum of understanding with the Abu Dhabi-based EMKE Group for export of coir products. Mr Sivaprasad, Managing Director, Coirfed, ... More

OILSEEDS & EDIBLE OIL


Record soyabean oil imports in February
SOYA oil imports touched a record level of two lakh tonnes in February 2005, according to the Solvent Extractors' Association (SEA). Total imports of edible oils during the month were reported at 4,20,712 tonnes, compared to 2,84,122 tonne last ... More

TOBACCO


Consortia set up to fight tobacco virus
HYDERABAD: A global consortium to tackle crop losses due to Tobacco Streak Virus (TSV), which affects groundnuts and sunflowers, has been constituted. The virus has been causing problems in South India and has gradually spread to other ... More

SPICES & CONDIMENTS


Sharp decline in cardamom arrivals
CARDAMOM arrivals have declined sharply at the auctions in Kerala and Tamil Nadu as the harvesting has almost come to an end. The arrivals at the major auction centre, Kumily (Kerala), on Wednesday stood at only 15 tonnes and the entire ... More

CREDIT CARDS & DEBIT CARDS


TN farmers to get loans only through kisan credit cards
FARMERS in Tamil Nadu will be able to avail themselves of agriculture loans only through the Kisan Credit Cards (KCC) from April 1. Commercial banks, co-operative banks and regional rural banks agreed to issue agriculture credit only through ... More

EVENTS


Farm frame
The Governor of Punjab , Gen (Retd) S.F. Rodrigues (left), interacting with farmers at a meet on `Euregap standards' at Jalandhar in Punjab. He said that the FICCI-organised programme would be beneficial to small and medium ... More


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Top Stories
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Nobel Laureate pitches for GM technology

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In Focus

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In Depth

Gender Justice
Simple Economics
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Looking back
Mar. 6-Mar. 12
Indian glitter seen continuing in diamond market

Commodity prices booming on speculative interests

`Get products with chilli checked for banned dye before exports'

Rains, hailstorm ring alarm for wheat crop

Less damage likely to Brazilian soyabean: USDA


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