AGRI-BIZ & COMMODITIES
RICE
Satnam Overseas plans rice mill, processing unit in UK
SATNAM Overseas Ltd (SOL), a leading basmati rice exporter, plans to invest about $10 million during current fiscal, which includes setting up of a rice mill and processing unit in the UK and the entry into the ready-to-eat food (RTF) products. ...
More
Trader held for role in `rice scam'
THE team of Corps of Detectives (CoD), headed by the DIG, Economic Offences, Dr P. Ravindranath, on Monday arrested Mahadevan, managing partner of SS Maritime, in connection with a "rice scam". The team recovered some related documents at his ...
More
CULTIVATION
18 lift irrigation schemes okayed in AP
THE Minister for Lift Irrigation, Mr M. Mareppa has okayed 18 lift irrigation schemes with an outlay of Rs 40 crore, financed by the National Bank for Agriculture and Rural Development (Nabard). The project is expected to cover about 6389.48 ...
More
RUBBER
Rubber improves as buying resumes
THE spot rubber rates improved on Tuesday. The covering groups and purchase agents once again turned active as rains resumed after a few sunny days. RSS 4 closed at Rs 60.25 against Rs 60 a kg on Monday. RSS 3 was steady at Rs 62.16 a kg at ...
More
TEA
Increasing global demand seen reviving tea exports
NOTWITHSTANDING the squeeze in the tea supply position (owing to the decline in the South Indian tea crop for the fourth year in a row), industry insiders foresee a revival in exports because of rising international demand. The UPASI Tea ...
More
SBI to brew life into Bengal tea industry — Plans special units to handle loan proposals
THE tea industry, starved of bank credit, will soon get a breather, thanks to a decision by State Bank of India (SBI) to communicate the recommendation by Indian Banks' Association on restructuring tea loans to its operations in West Bengal. ...
More
TECHNOLOGY
AP to set up Agriculture Technology Mission
THE Andhra Pradesh Government proposes to set up an Agriculture Technology Mission under the chairmanship of the Chief Minister, Dr Y.S. Rajasekhara Reddy. The mission will aim for increasing agricultural productivity by 40 per cent in the next ...
More
DAIRY & DAIRY PRODUCTS
Milk procurement price increased in TN
THE Tamil Nadu Government said it would be increasing the procurement price of milk from Tuesday. However, the Government would not increase the price of milk sold by Aavin. In a statement, the Chief Minister, Ms J. Jayalalithaa, said the ...
More
COTTON
Super Spinning cottons on to farmers directly
THE city-based Super Spinning Mills Ltd is all out to woo farmers to take to cotton cultivation. The consuming unit's seriousness in encouraging farming groups to grow cotton is aimed at sourcing `clean' cotton from the domestic market, ...
More
SPICES & CONDIMENTS
Pepper fall continues
DOWNWARD trend continued in pepper prices here on selling pressure and weak demand. Spot pepper MG 1 and ungarbed was sold at Rs 7,300 and Rs 7,000 a quintal respectively on Tuesday as against Rs 7,400 and Rs 7,100 a quintal last Saturday. ...
More
High prices impacting world vanilla market
EXORBITANT prices of natural vanillin has driven its international market to a standstill following the backing out of big buyers in the US and Europe. With the price of cured bean crossing Rs 13,000 a kg, it has pushed up the price of ...
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds