The Hindu Business Line : Friday, August 12, 2005

More bank support sought for rural development schemes in TN
THE Tamil Nadu Chief Minister, Ms J. Jayalalithaa, has sought greater support from bankers for the Government's rural development schemes and increased flow of credit to on-farm and non-farm activities. In her speech at a special meeting of ... More

RUBBER

Rubber plunges on hopes of improved supply
AFTER an unusual surge that pushed natural rubber prices to record highs a fortnight ago, the market is now witnessing a steep fall in prices, making rubber one of the season's most fluctuating commodities. The benchmark Ribbed Smoked Sheet ... More

Mixed trend in spot prices
SPOT rubber showed a mixed trend on Thursday. The worst sufferers were ungraded rubber and RSS 5, which lost mainly in the absence of enquires from the non-tyre and north Indian sectors. The other grades were steady while the market appeared ... More

SUGAR

Cabinet clears new minimum price for sugarcane
THE Government has fixed the statutory minimum price (SMP) for sugarcane at Rs 79.50 at nine per cent recovery of sugar for the forthcoming sugar season of October 2005-September 2006. For every additional 0.1 percentage point recovery, sugar ... More

Sugar technologists to meet in Hyderabad
MR Sharad Pawar, Union Minister of Agriculture and Consumer Affairs, Food and Public Distribution, will inaugurate the eighth joint annual convention of sugar technologists here on August 13. The three-day conference is being organised by the ... More

TEA

Kanan Devan's white tea fetches Rs 1,601 a kg
WHITE tea grown in the estates of the Kanan Devan Hills Plantation Company has fetched the highest price among all the high-range teas that have been sold at the auctions. Mr T. V. Alexander, Managing Director of KDHP Company, told Business ... More

TECHNICAL ANALYSIS

Spot gold may test resistance level
SPOT gold prices shot higher on Wednesday amid a weaker dollar and strong crude prices post Tuesday's rate increases by the Federal Reserve. This despite, a robust growth in the job market numbers, which came in higher than market expectations at ... More

COTTON

Gujarat cotton output may top 1-cr-bale-mark next season
COTTON production in Gujarat is likely to touch the one-crore-bale-mark in the 2005-06 (October-September) season as productivity is likely to increase, thanks to Bt cotton, and farmers shifting to cotton in some areas from pulses and oilseeds, ... More

CASHEW

Kerala HC upholds takeover of cashew factories
THE Kerala High Court on Thursday upheld the takeover of 10 cashew factories by the Government under the Kerala Cashew Factories (Acquisition) Amendment Act. A Division Bench comprising Mr Justice K.S. Radhakrishnan and Mr Justice M.N. ... More

POULTRY

Poultry shops sport a new look as hatcheries embark on brand awareness
POULTRY shops are sporting a new look as leading broiler chick producers push for improved facilities in local butcher shops to promote meat sales and brand awareness. Initially, the hatcheries' idea is to improve hygiene and presentation in ... More

INTERVIEW

`Malaysia would like to see India as its hub for palm oil'
WITH crude palm oil prices weakening in the wake of rising indigenous production and sluggish export sales coupled with loss of market share in India — the world's largest importer of palm oil — to soyabean oil in recent months, ... More

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