Financial Daily from THE HINDU group of publications
Thursday, January 09, 2003
Agri Prices (Jan 08)
Sugar S-301180 (1170)
Palm oil381 (379)
Ground ready508 (507)
Coconut oil ready5400 (5450)
Pepper garbled8900 (8900)

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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES


National status for 2 commodity bourses
THE Government has approved the status of `National Multi-Commodity Exchange' for two commodity exchanges. The Ministry of Consumer Affairs, Food and Public Distribution granted this to Online Commodity Exchange of India Limited (OCEIL), ... More

RUBBER


Rubber prices in corrective phase
CORRECTION in rubber prices continued on Wednesday following steady arrivals in the market. With the trend reversing, arrivals suddenly picked with growers eager to cash in on the high prices. Buyers are reported to be active in the market with ... More

Rubber price hike upsets goods sector
WHILE rubber farmers in Kerala rejoice, producers of rubber goods are lamenting. The current price of Rs 43-44 a kg for natural rubber, according to the users, is very high and unaffordable for small scale units. The All India Rubber Industry ... More

SUGAR


Sugar mills seek succour
THE President of Indian Sugar Mills Association (ISMA), Mr S.V. Balasubramaniam, has sent an SOS to the Government seeking measures to save the ailing industry from further collapse. Excessive production of both sugarcane and sugar under the ... More

TAXATION


Retain tax sops for mandi boards, says Ajit Singh
THE Agriculture Minister, Mr Ajit Singh, has sought restoration of tax exemption on income earned by Agricultural Produce Marketing Committees (APMC) and State Agricultural Marketing Boards (SAMB), popularly known as mandi boards. The 2002-03 ... More

TEA


UPASI welcomes TMCO
WHILE tea buyers allege that the Tea (Marketing) Control Order, 2003 is controversial and against their interest, the apex body of planters— UPASI has welcomed it. Reiterating his support in implementing the Order and the directives ... More

SILK


Traders hoard Chinese silk — Anticipate better price
"Traders would like to make a killing by hoarding imported silk as they expect the prices to move up significantly over the next six months." More

OILSEEDS & EDIBLE OIL


Soyabean flare-up unnerves processors
SIGNIFICANT decline in market arrivals of soyabean in Madhya Pradesh coupled with a sharp rise in price is causing concern among processors who are facing the additional scare of shrinking export of meal. It is known that soyabean output in the ... More

Oilmeal shipments plunge 33 per cent
OILMEALS, which until recently used to be one of the fastest growing commodities in the agri-export basket, have taken a deep plunge this year with a fall of 33 per cent in export shipment. December is traditionally the month when oilmeal ... More

AGRICULTURAL POLICY


Procurement procedures cell proposed in TN
THE Tamil Nadu Government has decided to set up a central unit for framing policy and rules for overseeing public procurement. This follows the recommendation of the World Bank. The central unit, to be called the Procurement Procedures Cell, ... More

EVENTS


Scientist's call for evergreen revolution
IT is now time for Indian agriculture to jump into an `Evergreen Revolution' that will increase production and productivity in perpetuity, while maintaining the natural resource balance, Dr M.S. Swaminathan has said. He was speaking at the ... More
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Top Stories
IRDA for more tax sops to encourage savings


CESC sells bill space to rake in moolah

National status for 2 commodity bourses

Exchange Traded Funds — Web of Spiders and Vipers beckons

Market conditions may not cheer consumer goods majors

No money for the poor

In Focus
Inside China

Stock scam unravelling
Petrol pump controversy
Kelkar Report
Reliance & Telecom Competition
2002: A drought year
Gold: Still the winner?
Oil PSUs: Disinvestment dilemma
In Depth
Gender Justice
Simple Economics
India Interior
Consumer Notes
Looking back
Dec. 29-Jan. 4
Kelkar suggestion on edible oil duty a healthy one

Tea futures marks Upasi bid to be supply chain leader — Mr N. Dharmaraj, Chairman of Upasi Tea Committee

Drought takes toll on arabica output — Production seen 10-15 pc lower than estimates

Gujarat groundnut oil trading resumes — But at slow pace as Modi-millers spat shows no sign of ending

Rice exporters fault Govt policies, fear loss


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