The Hindu Business Line : Thursday, December 15, 2005

`Poor logistics costing seafood industry Rs 6,000 cr annually'
THE Indian seafood industry is annually losing Rs 6,000 crore in spoilage due to poor logistics support, according to Mr Elias Sait, Secretary General, Seafood Exporters' Association of India. "The industry is crying for proper logistics ... More

Catching 'em close
Fishermen pulling in the net from the sea on Ramakrishna Beach at Visakhapatnam. Without going far into the sea, they cast the net wide at a distance of about half a kilometre from the shore during winter. It is believed that fish come close to ... More

Up on shortfall
A fish vendor filling a basket at his outlet in Kochi. Prices of fish have increased by about 40 per cent compared with the last season despite projections of lower demand during the current festive season. Fall in the arrivals of fish and ... More

FLORICULTURE

KF Bio Plants sets up second facility in Pune
WITH an investment of Rs 22 crore, the Pune-based KF Bio Plants has set up a 30,000 sq ft laboratory for the production of gerbera, anthurium, lily, zanthedeschia, orchid and curcuma plants. This is the company's second such facility in the ... More

PLANTATIONS

UPASI seeks special fund, ending of FBT as bailout package
THE United Planters' Association of Southern India (UPASI) has sought assistance from the Centre to bail out the ailing plantation sector from an unprecedented crisis. The apex body has, in a pre-Budget memorandum to the Union Finance ... More

RUBBER

Rubber prices down on global trend
FOLLOWING another sharp decline in the overseas indices, domestic spot rubber prices surrendered further on Wednesday. Profit booking and speculative selling depressed the market sentiments amidst moderate improvement in arrivals. According to ... More

PRECIOUS METALS

Overheated gold in correction mode
NOT unexpectedly, the overheated gold market has gone into a correction mode with prices sliding from the 25-year high recorded earlier this week. It seemed to be a case of "irrational exuberance" with too much money chasing the commodity without ... More

OILSEEDS & EDIBLE OIL

India keeping off Malaysian crude palm oil?
INDIA has not bought a single tonne of crude palm oil from Malaysia so far this month. This is despite Malaysia's palm oil month-on-month exports rising 9.6 per cent during December 1-10 period to 3.12 lakh tonnes (lt). The development comes ... More

TRENDS

Son of the soil
A farmer moving around paddy fields. Recent studies show that the number of farmers in the country has declined from more than 11 crore in 1991 to 10.36 crore in 2001. Over 20 per cent of them live below poverty line. ... More

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