The Hindu Business Line : Saturday, August 16, 2008

AGRI-BIZ & COMMODITIES

RICE: Pusa-1121 prices crash as export orders dry up
Premium paddy rates slip to Rs 26-27 a kg from Rs 40. New Delhi, Aug. 15 Prices of Pusa-1121 — till recently the most sought after variety of aromatic rice — have crashed following a drying up of export orders. ...

COMMODITY EXCHANGES: MCX awaits clearances to launch currency derivatives
Set to launch arecanut futures, Singapore bourse. Chennai, Aug 15 MCX will be able to launch currency futures in two weeks time from the date it receives the final clearance, even as it plans to launch futures in arecanut. Besides, it has got ...

GENERAL INSURANCE: GoM set to clear crop insurance for plantations
To provide insurance against input costs, crop loss due to weather. New Delhi, Aug 15 The Rs 729-crore crop insurance scheme for the plantation industry to benefit the growers of tea, rubber, tobacco and spices spread over a span of five years ...

DAIRY & DAIRY PRODUCTS: Hatsun’s ‘Project White Gold’ set for full-scale launch
Chennai, Aug 15 Mr Pazhani Muthu, a sextagenarian of Karumapuram in Tamil Nadu’s Salem district, was a small farmer growing vegetables in his farm a few years ago. That was just enough to meet the needs of his family of four, including ...

RUBBER: No takers for latex on fall in rubber prices
Kottayam, Aug. 15 While there is acute shortage for sheet rubber in the market, rubber latex stocks that can help produce 13,000 tonnes of sheet rubber, are lying unsold due to fall in prices, according to Mr George Waly, President of the ...

TEA: Prices firm up at Kochi tea auction
Prices jumped at the Kochi tea auction while interstate buyers and exporters remained active in the market. Indicating firm price trends in the weeks ahead, several dust tea lots were withdrawn from the market as the bids fell short of the ...

OILSEEDS & EDIBLE OIL: No case for vegoil duty hike, for now
Mumbai, Aug 15 Excellent rainfall across major oilseed growing regions – central, western, southern States – for a fortnight since July 25 has surely helped remove the risk of a major crop failure. With precipitation, the overall ...