The Hindu Business Line : Saturday, July 12, 2008

CULTIVATION: Cotton acreage drops 38% on extended dry spell
Crop diversion sees higher coverage of maize, soya, groundnut. New Delhi, July 11 An extended dry spell across the peninsula has led to a 38 per cent dip in area sown under cotton during the ongoing kharif season. ...

MINERALS: Investor interest in uranium increasing
Focus on nuclear energy as coal, crude oil prices soar. Mumbai, July 11 Energy is the most critical input to fuel economic growth. With crude oil and coal prices rising to astronomical levels and no respite in sight anytime soon, attention is ...

COMMODITIES: OECD indicators signal intensified slowdown
Data for China, Russia show continued expansion. Mumbai, July 11 Latest data (composite leading indicators) from the OECD secretariat signal intensified slowdown of economic activity among OECD members, mainly industrialised economies. ...

TEA: $2 m tea export order from Russia
A $2 million export order for supplying teas from North Bengal to Russia was signed here on Thursday, according to a press release issued by the Confederation of Indian Industry. The first consignment in July will be shipped by K B Tea Pvt Ltd ...

TRENDS: Vidarbha farmers learn ‘art of living’
Recently in Wardha Known as the ‘land of farmer suicide’ till recently, Amravati district in Vidarbha region is now set to learn the ‘art of ...

CLIMATE & WEATHER: Disquiet in South drains rain surplus to 10%
23 meteorological sub-divisions register surplus-to-normal rainfall. Thiruvananthapuram, July 11 All-India area weighed rainfall surplus for the country as a whole until Wednesday (July 9) has more than halved week-on-week to 10 per cent ...

COURTS/LEGAL ISSUES: HC allows export of 2,000 tonnes maize
Chennai, July 11 The Karnataka High Court on Friday allowed the export of 78 containers (2,000 tonnes) of maize (corn) by Mysore Mercantile Company Ltd, pending a final order on a writ filed by the firm seeking permission to export three maize ...

RUBBER: Doing away with wages for rest day unwarranted, says HC
Chennai, July 11 Arasu Rubber Corporation Ltd, a Tamil Nadu Government venture, has been directed by the Madras High Court to implement the award of the Industrial Tribunal granting wages to workmen for the rest day. ...

CULTIVATION: TN varsity cell study shows supply crunch in maize
Coimbatore, July 11 The DEMIC (Domestic and Export Market Intelligence Cell) of the Tamil Nadu Agricultural University has come up with price forecast for crops such as maize, gingelly and groundnut, expected to be sown during the Tamil month ...

COMMODITIES: Inflation rise continues, touches 11.89%
New Delhi, July 11 Annual inflation, measured by the Wholesale Price Index, surged further to 11.89 per cent during the week ended June 28. ...

HORTICULTURE/FRUITS & VEGETABLES: Surplus potato stock: Bengal looks to southern markets
Saddled with excess potato stock, the West Bengal Government is now in active talks with its counterparts in Kerala, Andhra Pradesh and Tripura to dispose of some of it, an official of the West Bengal Essential Commodities Supply Corp told ...

COTTON: NSL Cotton Corpn moots integrated project
Hyderabad, July 11 NSL Cotton Corporation Pvt Ltd (NCC), a company established by Nuziveedu Seeds Ltd, has come up with a proposal to the Andhra Pradesh Government to take up integrated cotton development project in the State. ...

COMMODITY EXCHANGES: Reliance Money to pick up stake in NMCE
Mumbai, July 11 Reliance Money, the broking and financial services arm of the Reliance Anil Ambani group, is in talks to acquire up to 26 per cent in the Ahmedabad-based National Multi Commodity Exchange ...

AQUACULTURE: Source of livelihood

COIR: Coir village to come up in Sivaganga
Thanjavur, July 11 A coir village would be developed at a cost of Rs 7.5 crore in Singampuneri in Sivaganga district, according to the Chairman of Coir Board, Mr A.C. Jose. ...

RUBBER: Spot rubber prices recover
Kottayam, July 11 The domestic rubber prices recovered on Friday. Covering groups kept the market visibly on the higher side as trend setting international indices turned better. ...

COMMODITY EXCHANGES: Commodity exchanges Q1 turnover up 24%
Mumbai, July 11 The Government measures such as ban on futures trading in four commodities – soya oil, potato, rubber and channa – in May and mark up in transaction cost seems to have not affected ...

WTO: ‘Non-farm text is in conflict with Third World interests’
New Delhi, July 11 Industry chambers gave a lukewarm response to the new non-agriculture market access (NAMA) text on the grounds that it conflicted with the interest of the developing countries. ...

TEA: Tea auction prices up Rs 16.41 a kg in April-May
Kolkata, July 11 In April and May this year, the average auction price of North Indian teas was up by Rs 16.41 a kg at Rs 92.77 a kg as compared to Rs 76.36 a kg in the same period of last year and that of South Indian teas by Rs 4.35 a kg at ...

AQUACULTURE: Scope for seafood units
The District Collector, Mr M. Jayaraman, said that there was tremendous scope for starting seafood processing units in various parts of Nagapattinam district. New entrepreneurs should come forward to start seafood process and also prawn-feed ...

AQUACULTURE: Deadline for boat registration
All fishing boats including mechanised, fiberglass and catamarans hitherto not registered with the Fisheries Department should be registered before July 25, the Collector, Mr M. Jayaraman, said here on Friday. Presiding over the coastal security ...

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