The Hindu Business Line : Wednesday, February 22, 2006

Peninsular Cap to focus on commodity market
PENINSULAR Capital Market Ltd, which recently sold its stock broking business to Motilal Oswal Securities Ltd, will focus on the commodity market, its Chairman, Mr T.S. Anantharaman, said. "We have a 25-30 per cent market share in Dubai Gold ... More

FARM CREDIT

`Banks must start planning medium-term agri strategy'
Banks need to use the vibrant rural non-farm sector, which is partly insulated from agriculture for directing credit. More

INSIGHT

Outlook positive for major commodities

Zinc seems to have the most potential for a price rise

Nickel and tin prices are likely to reverse falling trend

Sugar prices have the potential to rise further More

BUDGET

What is on the farmer's wish-list
If finance ministers continue to do what they have been doing the last 58 years, the fate of the farmer and his son may be like that of the match-girl of the fable, who froze to death, hungry and forlorn. With farmer suicides rampant in certain parts of the country, Sharad Joshi reconstructs what their last wishes would have been. More

RUBBER

Spot rubber tops Rs 80/kg again
SPOT rubber firmed up on Tuesday. According to sources, the market continued to remain in the buyer's mode, expecting revised quotations from the tyre sector as the major global indices also ended in the green. Sheet rubber RSS 4 improved to ... More

TEA

Tata Tea gets ready to exit from all plantations

Also to quit Lankan joint venture Watawala Plantations Ltd

Planning a greenfield project in China

To expand in the beverage space and access new markets More

GOLD & SILVER

NMDC exploring gold mining in Tanzania
NATIONAL Mineral Development Corporation Ltd (NMDC) is ready to dig in prospective mines for gold in the Republic of Tanzania. The Hyderabad-based public sector company plans to invest Rs 6.5 crore in exploration and preparation of a detailed ... More

DAIRY & DAIRY PRODUCTS

Maharashtra hikes milk prices
THE Maharashtra Government on Tuesday took a decision to hike the price of milk produced by cooperative milk societies in the State. Announcing the decision to the media after the weekly Cabinet meeting on Tuesday, Mr Vilasrao Deshmukh, Chief ... More

COIR

Coir Board to launch entrepreneur development programme in Amalapuram
THE Coir Board, in association with the Jawaharlal Nehru Technological University, Hyderabad, is organising a three-day entrepreneur development programme at S.K.B.R College in Amalapuram in East Godavari from Wednesday, said Mr T.P Padmanabhan, ... More

JUTE

Jute mill workers go on strike
VISAKHAPATNAM: Workers of three jute mills in Vizianagaram district under the Kolkata-based Hooghly Jute Mills - Aruna, East Coast and Bobbili - have decided to go on strike from Wednesday, as wage negotiations have failed. There ... More

OILSEEDS & EDIBLE OIL

Hectic lobbying on by vegoil refiners against cheap imports
Reports that the Ministry of Finance is engaged in a serious exercise to re-impose excise duty on manufacture of refined oils are doing the rounds. More

Lahiri panel proposes uniform duty for refined oil products
It recommended that the logic of harmonisation and of not having an inverted duty structure argues strongly in favour of increasing the duty rate on vanaspati to 72.5 per cent from the current 30 per cent. More

POULTRY

`Company hasn't supplied any infected chicks'
MR O. P. Singh, Chief Executive Officer of Venkateshwara Hatcheries, has categorically stated that the company, per se, has not received any show-cause notices from the District Magistrate of Nandurbar. Mr Singh told presspersons on Tuesday ... More

Maharashtra issues notice to Venkateshwara Hatcheries — Sourcing bird flu-affected chickens
VENKATESHWARA Hatcheries Ltd has been served a show-cause notice by the District Collector of Nandurbar, seeking an explanation why action should not be taken against the company for allegedly sourcing bird flu-affected chickens from two ... More

Pawar calls for restraint in bird flu reports — Don't create panic, media told
REQUESTING the media not to create panic by "covering the bird flu (outbreak) issue disproportionately", the Union Minister for Agriculture, Mr Sharad Pawar, today said the Department of Animal Husbandry is likely to complete its responsibility ... More

Kerala allows movement of poultry products from TN
KERALA, which stopped movement of poultry products from Tamil Nadu on Monday in the wake of the bird flu scare, allowed the transport of chicken and eggs into the State via Valayar checkpost on Tuesday evening, bringing relief to poultry ... More

Task force set up to tackle bird flu in AP
THE Andhra Pradesh Government has set up a Task Force to deal with the bird flu problem, even as chicken and egg sales continue to dip in the State. The Task Force, which would be headed by Mr Priyadarshi Dash, Principal Secretary (Animal ... More

Against the tide
The duck population in Kerala's Kuttanad region is under the scanner as avian flu reports fly around. The region is a haunt for migratory birds and studies have indicated that migrant birds pose the threat of spreading bird ... More

TN sets up 24-hour control room to monitor bird flu prevention measures
THE Tamil Nadu Government has set up a 24-hour control room at the Animal Husbandry Department to monitor measures to prevent the outbreak of bird flu virus in the poultry farms, according to an official press release. To monitor and coordinate ... More

SPICES & CONDIMENTS

Futures trading in 7 mm cardamom on NMCE soon
NATIONAL Multi-Commodity Exchange of India Ltd (NMCE) is introducing futures trading in cardamom 7 mm AGEB variety from the month-end, according to Mr Kailash Gupta, Managing Director. The 7 mm contract will run concurrently with the 6 mm AGB ... More

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Pick a Winner Stock Market Contest

Exclusive marketing rights for Novartis' cancer drug cancelled

Pawar calls for restraint in bird flu reports — Don't create panic, media told

Govt yet to decide on DAP subsidy

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Hectic lobbying on by vegoil refiners against cheap imports

Air India places $2-b order for GE engines

In Focus

Infrastructure woes stare IT sector

IPO Scams

FDI in retail sector