AGRI-BIZ & COMMODITIES
FARM CREDIT
Banks to extend loans to 2.8 lakh farmers in Kerala
BANKS in Kerala will extend loans to 2.80 lakh new farmers in the State under investment credit to the agriculture sector. This was decided at a two-day review meeting of the State Level Bankers Committee (SLBC), which concluded on ...
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CONTRACT FARMING
Act on contract farming soon
AN Act providing for contract farming is in the offing, according to Mr R. Rajagopal, Special Secretary, Department of Agriculture, Tamil Nadu. He was speaking at a National Seminar on contract farming at the Tamil Nadu Agricultural University. ...
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RUBBER
Block rubber shoots up as exports spurt
BLOCK rubber prices have shot up in an unprecedented manner to reach nearly on par with the RSS-4 grade as the sudden spurt in exports have led to its shortage in market. "There is no ISNR-20 (the grade for block rubber) available in the ...
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Rubber rates depressed on selling pressure
MILD selling pressure from growers and traders depressed spot rubber prices on Thursday. The covering groups and purchase agents were not so interested to buy at the prevailing levels and sheet rubber RSS 4 moved down to Rs 51.25 from Rs 51.50 ...
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TEA
Andrew Yule's tea unit sees better days ahead with prices looking up
THE working capital starved Andrew Yule & Co. Ltd (AYCL), a Government of India enterprise, which has already received Rs 49 crore in two tranches (in October 2003 and January 2004) from the Government as part of the approved financial and ...
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TECHNICAL ANALYSIS
Gold may test resistance levels
GOLD prices moved higher after oil crossed the psychological $50 per barrel mark. Higher oil prices will benefit gold as it is considered an inflation-hedge. But as crude oil prices fell Wednesday on news of larger-than-expected inventories, gold ...
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BIO-TECH & GENETICS
Greenpeace cries foul over Bayer's GMO trials
ACTIVISTS of the environmental NGO Greenpeace chained themselves to the front doors and to the fence of Bayer House in Powai, Mumbai on Thursday. They were protesting the alleged field trials by Pro Agro (wholly owned subsidiary of Bayer) of the ...
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AGRICULTURAL INSTITUTIONS
Haryana wants Nabard fund for all irrigation projects
THE Chief Minister of Haryana, Mr Om Prakash Chautala, has urged the Central Government not to restrict the scope of financing irrigation schemes under the Rural Infrastructure Development Fund (RIDF) and Nabard. The Chief Minister has sought ...
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JUTE
Jute exchange awaits FMC nod to resume futures trading
THE East India Jute & Hessian Exchange (EIJHE) is expecting a formal clearance from the Forward Markets Commission (FMC) shortly for the re-introduction of futures in jute goods. According to Mr Dinesh Mohan Tiwari, the out-going president of ...
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CASHEW
Cashewnuts from Panama
MANGALORE: The cashew industrialist, Mr Walter D'Souza, imported raw cashewnuts from the Central American country of Panama recently. A press release by Mr D'Souza said here that this is for the first time raw cashewnuts are being ...
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SPICES & CONDIMENTS
Marginal increase in cardamom prices
CARDAMOM prices have shown marginal improvement after a continuous fall ever since the beginning of the current season at the auctions held in Tamil Nadu and Kerala this week but still remained at lower levels. The weighted average price stood ...
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