The Hindu Business Line : Friday, December 07, 2007

FARM CREDIT
United Bank of India’s new scheme
Mr P.K. Gupta, Chairman and Managing Director, United Bank of India, on Thursday launched a customer-friendly scheme “United Swarna Krishi Yojona” for augmenting direct agricultural lending. The objective of the scheme is to provide ... More

HORTICULTURE/FRUITS & VEGETABLES
Safal exchange to launch trading from Dec 14
GOING ONLINE More

POLICY
Base import price for poppy seed fixed at $5,398/tonne
Move to check under-invoicing, claim for SAFTA duty benefits More

Kerala Govt moves to recover land from Harrisons Malayalam
Thiruvananthapuram, Dec.6 The State Government will take stringent measures to recover the land held by Harrisons Malayalam Plantations after the expiry of lease rights. The State Cabinet took a decision to this affect on Thursday. ... More

RUBBER
Spot rubber turns weak
Kottayam, Dec. 6 The rubber prices weakened on Thursday. The market mood was bearish as TOCOM made all-round declines in rubber as selling from bears became dominant following a slip in crude oil prices. The January futures moved down to ... More

AGRICULTURAL INSTITUTIONS
Icrisat gets $1.5-m funding for bio fuel research
Hyderabad, Dec. 6 Bio fuel research at Icrisat got a shot in the arm with International Fund for Agricultural Development (IFAD) of the United Nations announcing $1.5-million funding over a period of three years.Ethanol ... More

CASHEW
Cashewnut shell liquid gaining acceptance
Mangalore, Dec. 6 Cashew nut shell liquid (CNSL) – the liquid within the shell casing of raw cashewnut – seems to be gaining acceptance in the international market, especially in the US, if the increase in its export during the ... More

SPICES & CONDIMENTS
Chilli exports set to top 2 l tonnes
New Delhi, Dec. 6 Export of chillies during the current financial year is expected to touch 2,00,000 tonnes as against the Centre’s target of 1,35,000 tonnes, according to a survey by the Associated Chambers of Commerce and Industry of ... More

Liquidation pulls down pepper
Kochi, Dec. 6 The pepper futures market on Thursday witnessed a sharp fall on selling pressure as the bulls started liquidating their positions for want of overseas demand while the bears were pressing the prices down further.The ... More

Turmeric hits lower circuit on profit booking
Mumbai, Dec 6 Turmeric futures on NCDEX hit the lower circuit at 4.58 per cent to settle at Rs 2,290 a quintal on profit booking after the recent rally. Maize prices were down 1.9 per cent at Rs 721 per quintal on steady spot market. ... More

NMCE opens warehouses for pepper, cardamom
Kochi Dec. 6 The National Multi-Commodity Exchange of India (NMCE) has opened warehouses in Vandanmedu and Kattappana in the spice-growing Idukki district of Kerala for pepper and cardamom growers of the region. The warehouses having storage ... More

Caring less
More