AGRI-BIZ & COMMODITIES
COMMODITY EXCHANGES
NMCE plans to expand replicating `Kerala model' trading
To start spot exchanges, first in Rajasthan
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FARM CREDIT
Farm credit surges to Rs 1,80,486 cr
Agriculture credit flow during 2005-06 has surged to Rs 1,80,486 crore, reflecting 128 per cent of the target of Rs 1,41,000 crore that was set for that year. The final figures of Rs 1,80,486 crore for 2005-06 is substantially higher than the ...
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CLIMATE & WEATHER
AP to continue cloud seeding for 5 years
The Andhra Pradesh Government has decided to continue the cloud seeding experiment continuously for the next five years from 2007-08. For this purpose, the JNTU, Hyderabad has been named as the monitoring agency. The Chief Minister Dr Y.S. ...
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CULTIVATION
Cauvery delta farmers welcome verdict
Farmers in the Cauvery delta in Tamil Nadu have welcomed the Cauvery Water Disputes Tribunal's final award. They hope it will provide a permanent solution to the long-pending issue. The final award, which allots 210 tmc ft (thousand million ...
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AQUACULTURE
Sow weeds in the sea and reap a windfall
The weed has application in industries such as food, pharma-ceutical and aquaculture.
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Fishery development programme mooted for Kuttanadu farmers
The rice-fish rotational farming system enhances the income of the farmers by 40 per cent with significant saving on rice production and makes rice farming more organic and remunerative.
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INSIGHT
Seeds law needs re-sowing
A Seeds Bill was tabled in Parliament in December 2004 to repeal the Seeds Act of 1966. Almost two years, eight meetings and many public protests later, the Parliamentary Standing Committee on Agriculture presented its report on the Bill to the ...
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Price tremors set to intensify, trouble Govt
Prices have resumed their northward journey
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FLORICULTURE
Tanflora's biz blossoms with Valentine's week
AEZ to kick off with export of one million rose stems
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RUBBER
Sheet rubber declines on global trend
The market witnessed a bearish trend on Monday. The sentiments were deeply affected by an all-round decline in global rubber prices. Sheet rubber moved down to Rs 99 a kg from Rs 101 and Rs 100.75 a kg respectively at Kottayam and Kochi on ...
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TEA
Quality tea prices up at Coonoor sale
Prices for quality teas continued to rise at the Coonoor Tea Trade Association (CTTA) auction here on Saturday because of consumer preference. The low volume on offer helped the prices for other teas to be steady. Prices declined only for those ...
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WATER
TN lorry owners asked to keep off Karnataka
The State Lorry Owners' Federation-Tamilnadu (SLOF-T) has asked the truck operators from the State not to ply their vehicles to Karnataka till normalcy was restored there. In a statement, Mr P. Sengodan, President, SLOF-T, Namakkal, said in ...
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Cauvery verdict: No impact on business in Bangalore
Some IT, BPO firms close earlier for the day
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A consolation, says Karunanidhi
Welcoming the Cauvery Water Disputes Tribunal's award, the Tamil Nadu Chief Minister, Mr M. Karunanidhi, on Monday said the State had received justice, for which it had been waiting for long. The award is of consolation to him and it would ...
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Conference on groundwater from tomorrow
The third international groundwater conference will be held at Tamil Nadu Agricultural University (TNAU) here from February 7-10. The Union Water Resources Minister, Prof.Saif-ud-Din Soz, will inaugurate the conference. Ministers Mr Veerapandi ...
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Kerala disappointed with tribunal award
The Cauvery Tribunal's verdict on the inter-State river water dispute is disappointing, according to the State Water Resources Minister, Mr N.K. Premachandran. He said that the Kerala Government had demanded 99.8 TMC feet of water, which was ...
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METALS
Copper witnesses upward trend
Copper prices witnessed some upward movement on Monday irrespective of weak fundamentals. Market analysts, however, held the movement as a "pull back" and unsustainable in the medium and long term. "This is a very short term movement", says ...
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Fall in LME prices hits metal stocks
It is `sentimental reaction' to Red Kite loss
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COTTON
Lower arrivals push up raw cotton prices
The cotton market appears clueless now on lower arrivals and no demand for exports.
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COIR
Kerala Coir Corp gears up for exports
Coco-peat, which is manufactured from coir waste, is able to retain moisture for longer time and is finding a growing market in the Gulf countries.
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SPICES & CONDIMENTS
Fresh arrivals drag chilli on NCDEX
Fresh arrivals of 50,000 chilli bags (one bag of 40-45kg) against daily inflows of 20,000 bags in the Guntur spot markets, dragged chilli futures on NCDEX to the lower circuit of 6 per cent at Rs 4,224 per quintal. Spot prices also turned weak ...
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Pepper prices rise over 60 per cent in 2006
Drop in production resulted in tight supply in global market
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