Business Daily from THE HINDU group of publications
Friday, June 30, 2006
Agri Prices (June 29)
Sugar S301840 (1840)
Ground ready490 (490)
Coconut oil ready4565 (4615)
Pepper garbled ready7200 (7100)


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AGRI-BIZ & COMMODITIES

RESEARCH & DEVELOPMENT
Cabinet clears agri innovation project
The six-year project, involving $200-million credit from the World Bank, would be implemented from July 1. More

FARM CREDIT
Karnataka Vikas cuts rates on crop loans
The Dharwad-based Karnataka Vikas Grameena Bank - a regional rural bank sponsored by Syndicate Bank - has reduced interest rates to 7 per cent on crop loans up to Rs 3 lakh. In a press release here on Thursday, Mr B.S. Surendra, Chairman ... More

RICE
Satnam Overseas claims 51.8 pc share
Satnam Overseas Ltd (SOL) claims to have notched up 51.8 per cent value market share in basmati rice sold through modern retail formats. Quoting ACNielsen ORG MARG's data based on its Retail Index Service for the Rice Category survey during the ... More

WHEAT
Surge in wheat imports unlikely despite duty cut
Could rein in inflation as domestic prices may be capped More

CLIMATE & WEATHER
Bay `low' misses date once again
The system could move northwest into the mainland More

AQUACULTURE
A climbdown
MORE THAN 20,000 fishermen have been hit by monsoon and the trawling ban in Kerala. Most of them have taken to country boats to eke out a living. ... More

HORTICULTURE/FRUITS & VEGETABLES
Luscious fare
FRESH ARRIVALS: Even as the arrival of mangoes from the South comes to an end, popular northern varieties like dussheri, langra and chausa selling at about Rs 100 for a 7-kg box, have flooded the Azadpur wholesale fruit market in the Capital. ... More

RUBBER
Spot rubber declines
Physical rubber prices declined further on Thursday on thin volumes, following isolated selling from dealers. Buyers from major consuming sectors stayed back possibly to induce further pressure on sellers. RSS 4 fell to Rs 106 a kg from Rs ... More

SUGAR
Cane wars reach flashpoint
Bajaj Hindusthan and Balrampur Chini scramble for control in eastern, central UP More

TEA
Let's do the... chai, chai, chai
The myriad flavours and moods of... tea time! More

Highest volume at Coonoor tea sales
The volume offered for sale at the auctions of the Coonoor Tea Trade Association (CTTA) continues to rise with the catalogue showing a total of 12.2 lakh kg for the auctions to be held this week. This is the 26th sale for the ... More

GOLD & SILVER
Gold, silver decline further
Precious metals fell further on the local bullion market on Thursday on continued offerings amid weak overseas market. Standard gold prices were down Rs 45 at Rs 8,755 per 10 gm from Rs 8,800 per 10 gm. Pure gold (99.99 fineness) was down Rs 45 ... More

SILK
Amutham Knitting entering silk reeling
Rs 2-crore project to be located at Perundurai in Tamil Nadu More

OILSEEDS & EDIBLE OIL
Need to examine demands for edible oil supply thru' PDS
It's time pulses enjoyed marketing support from govt More

Palmolein, soya oil decline
Refined soya oil and RBD palmolein declined marginally on the local edible oil market on Thursday on some offerings amid steady supply. Groundnut oil remained steady with dull trading. . Imported crude soya oil was up Rs 2 at Rs 372 per 10 kg ... More

SPICES & CONDIMENTS
Sharp rise in pepper futures
The pepper futures market witnessed a sharp rise in all contracts following increase in international prices and shortage of supply in the global market. Vietnam has increased the price of black pepper to $1,825 a tonne c&f, while Indonesia ... More

Spices export value increases
Exports of spices during April-May 2006 increased in value, while it declined in terms of volume. Pepper, cardamom (small), ginger, cumin, celery, garlic, vanilla and curry powder/ paste were the items in the spices basket whose exports ... More

Losing sting
RED & COLD: A woman checking the quality of chilli at a shop in Thrissur, Kerala. Chilli exports have declined to 14,000 tonnes during April-May of the current fiscal from 22,372 tonnes during the same period a year ago. Increased availability . More

GENDER
Tribal woman gets land back after 37 years
DELAYED JUSTICE More

INTERVIEW
Demand pushing up steel prices higher: GFMS
Increasing supply may lead to correction in Q4 More






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Top Stories
Need to examine demands for edible oil supply thru' PDS

Institutions step up activity in secondary market

NHB may offer reverse mortgage for the elderly

New mining policy to boost investments

Surge in wheat imports unlikely despite duty cut

IOC against further dilution of stake in ONGC

VSNL plans Rs 1,000-cr capex for current year

Looking back
Jun. 18-Jun. 24
OECD indicators positive for metals

Kharif crops see gains in coverage

Gold buying set to pick up

India, Pak team up to file GI for basmati

Gold fundamentals seen remaining bullish

Zinc users seek price regulatory panel

PepsiCo set to start citrus cultivation in Punjab

Price prospects positive for zinc, copper: Barclays

Plans for coffee, pepper re-plantation funds

MCX gets FMC approval for natural gas futures

Long-term tea supply, demand seen in balance

Oilseed farmers await revival of monsoon

Inflation tops 5% tracking all-round price hike

OECD makes strong case for cutting farm subsidies

Fetching remunerative price for tomatoes


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