The Hindu Business Line : Friday, March 31, 2006

Low volume at Coonoor tea sales
The lowest volume, so far for the year, has been catalogued at the auctions of the Coonoor Tea Trade Association (CTTA) this week. Of the 7.32-lakh kgs catalogued, only 5.3 lakh kgs are fresh teas. The balance pertains to re-cataloguing of the ... More

COMMODITY EXCHANGES

MCX, Bursa Malaysia in pact for palm oil futures
The Multi Commodity Exchange of India Ltd on Thursday announced that the exchange has signed a memorandum of understanding with Bursa Malaysia Derivatives Berhad (BMD) to work together for developing the commodities market and for cross listing ... More

RICE

Rice mills turn to modernisation
Despite the costs involved, mill owners are modernising to remain competitive. More

WHEAT

Punjab in Delhi
MARKING A PROTEST: Farmers from Punjab staging a demonstration at Parliament Street in the Capital on Thursday. They wanted a ban on import of wheat amid the Government's fresh announcement to import 15 to 20 lakh tonnes of more wheat in ... More

AWARDS & HONOURS

Awards for farmers' clubs
The year 2004-05 awards for best performing farmer's clubs instituted by the Regional Office of the National Bank for Agriculture and Rural Development (Nabard) were given away at the recent State-level review and development ... More

AQUACULTURE

AP: Fishermen plan rally
The fishermen in the district plan to hold a massive rally and stage a demonstration at the collectorate on Saturday. A day after the all-party meeting in Hyderabad on the Gangavaram port dispute, which led to the killing of a fisherman in ... More

HORTICULTURE/FRUITS & VEGETABLES

Business in banana country
The region is waking up to the potential in banana processing. More

`Stop imports of fruits, vegetables'
`While import of farm products are on the rise, exports are declining' Farmers' body plea to Centre More

Cabbage caper
PULL OUT: Workers remove unwanted growth from cabbage plantations at the outskirts of Bangalore on Thursday. Cabbage comes at Rs 10 for 15 kg at the wholesale vegetable markets in Bangalore. ... More

RUBBER

Rubber continues to stagnate
Sheet rubber RSS 4 closed unchanged at Rs 83.50 a kg both at Kottayam and Kochi as on Wednesday. Though there were certain sellers at quoted levels, the fag end of the financial year kept the trading activities almost paralysed. The market also ... More

SUGAR

STC may export 3 lakh t sugar
The Union Minister for Agriculture, Mr Sharad Pawar, today said that the Government would allow State Trading Corporation (STC) to export up to 3-4 lakh tonnes of sugar. This follows a proposal from STC asking for permission to export sugar in ... More

OILSEEDS & EDIBLE OIL

`Adulteration rampant in edible oils'
INDUSTRY BODY'S CHARGE More

CASHEW

Karnataka slashes VAT on cashew
The Karnataka Government has reduced value-added tax (VAT) on cashew kernels from 12.5 per cent to 4 per cent. Mr K. Prakash Rao, President of the Karnataka Cashew Manufacturers' Association (KCMA), told Business Line on Wednesday that ... More

SPICES & CONDIMENTS

Ginger prices fall on higher supply
Higher output in China, other origins More

Elected to head AISEF
Mr Thomas Philip, Cochin Spices Private Ltd and Ms Sushma Srikandath, AVT McCormick Ingredients Private Ltd, Aluva, have been elected as Chairman and Vice-Chairperson respectively of the All-India Spices Exporters' Forum for the ... More

Excess supply
OUTPRICED:A retail trader checking cumin quality at his outlet in Kochi. Coverage of cumin seeds has increased by nearly one-and-a-half times this year owing to good climatic conditions in the country. This has led to higher arrivals and low ... More

AGRICULTURAL POLICY

Export subsidy for pepper extended
The Union Commerce Ministry has decided to extend export subsidy for pepper till the exports touched the targeted 20,000 tonnes. Details would be available after the order is issued, probably, on Friday, official sources told Business ... More

Cabinet okays release of interest relief to farmers
The Cabinet today approved release of Rs 1,700 crore for providing interest relief on crop loans obtained by farmers for kharif and rabi 2005-06. The proposal for release of Rs 1,700 crore to provide interest relief of two percentage points in ... More