Financial Daily from THE HINDU group of publications
Wednesday, February 15, 2006
Agri Prices (Feb 14)
Sugar S301950 (1950)
Groundnut oil (ready)436 (436)
Coconut oil (ready)5025 (4975)
Pepper garbled (ready)6950 (6950)


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AGRI-BIZ & COMMODITIES

FARM CREDIT


Nabard rate hike irks coop banks
THE latest hike in refinance rates announced by the National Bank for Agricultural and Rural Development (Nabard) is "feared to deliver a mortal blow" to apex State-level cooperative lending banks and their farmer borrowers. According to Mr K. ... More

CULTIVATION


Micronutrient network to sign pact to combat zinc, iron deficiency in crops
THE Indian Micronutrient Biofortification Network, consisting of 13 leading Indian institutes, will sign an agreement with HarvestPlus, an international organisation, on finding a solution to combat deficiency of zinc and iron in Indian ... More

AQUACULTURE


Weather concerns worry shrimp exporters — Arrivals likely to be delayed by a month
SHRIMP exporters are gearing up for change in the current year as they face major issues in export markets, apart from concerns in the production centres at home. The season is delayed because of adverse climatic conditions. Shrimp arrivals ... More

HORTICULTURE/FRUITS & VEGETABLES


Fruit from afar
Street vendors selling Indian jujube (Zizyphus mauritiana) are a regular sight in Thiruvananthapuram these days. Sourced from Andhra Pradesh, the fruits are sold at Rs 20 a kg. ... More

INSURANCE


For States: IFFCO-Tokio claims settlement under BBY plan
IFFCO-TOKIO General Insurance Company Ltd (ITGI), a joint venture promoted by the Indian Farmers Fertiliser Cooperative (IFFCO) and the Japanese insurance major Tokio Marine and Nichido Fire, has announced a 100 per cent claim settlement ratio ... More

RUBBER


Panic sales hit spot rubber
PANIC selling from dealers and growers kept the spot rubber prices under immense pressure and the market lost heavily on Tuesday. There were no buyers even at lower levels as the reports from the overseas markets were extremely damaging. Sheet ... More

TEA


Dubai tea forum to discuss key issues
THE first-ever Global Dubai Tea Forum, to be held during February 27-28, has attracted extensive attention from the international tea industry with over 130 delegates scheduled to attend. The forum is being organised by the Dubai Tea Trading ... More

METALS


Global cues hit metal stocks
Base metal stocks led by Hindustan Zinc, Hindalco, Sterlite Industries and National Aluminium dipped on Tuesday on weak global prices, dealers said. They said that the metals have been witnessing selling pressure at the London Metal Exchange, ... More

DAIRY & DAIRY PRODUCTS


Hatsun Agro expands capacity to target export markets
HATSUN Agro Product Ltd is expanding in the export market and also strengthening its capacity here to target new markets, said Mr R. G. Chandramogan, Chairman and Managing Director, Hatsun Agro. He said that in the current year, its exports ... More

SPICES & CONDIMENTS


Cardamom research body launches training programme
THE Indian Cardamom Research Institute (ICRI), an arm of the Spices Board, at Myladumpara in Kerala's Idukki district, has set up a Cardamom Training Complex as part of its technology transfer programmes. The ICRI, in order to train young ... More

COMMODITY MARKETS


Fall in wheat prices continues
New Delhi: Wheat prices declined in the wholesale grains market on Tuesday on increased selling by stockists. Wheat MP (deshi) prices dropped to Rs 1,075-1,225 from the previous close of Rs 1,105-1,265 a quintal on stockists selling. ... More



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