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Monday, August 02, 2004

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AGRI-BIZ & COMMODITIES

FARM CREDIT
Chidambaram visit catches bank staff off guard
THE Union Finance Minister, Mr P. Chidambaram's visit to select rural bank branches and Primary Agricultural Cooperative Societies in the Madurai, Coimbatore and Erode districts was no surprise tour, but prepared as they (bankers) were with facts ... More

ANIMALS & LIVESTOCK
Buffalo meat exporters bullish as Saudi lifts ban
AFTER basmati rice, Saudi Arabia may turn out to be the hottest market for export of buffalo meat from the country, currently valued at around Rs 1,300 crore per year. The Kingdom had, only in March this year, lifted a ban on import of buffalo ... More

FERTILISERS
Fertiliser pricing policy soon: Paswan
Attributes MFL's losses to decontrol of urea marketing

THE Centre is working on a fertiliser pricing policy that will address the requirements of manufacturers such as Madras Fertilizers Ltd (MFL), according to the Union Minister for Fertilisers, Chemicals and Steel, Mr Ram Vilas Paswan. Also, the ... More

TECHNICAL ANALYSIS
Upward tweak seen in cotton
NYCE cotton futures closed firmer on Friday, pulling back from life-time lows. Early speculative sales took the market down to its lows, where the trade buying emerged to lead fibre contracts on its way up. The market has been hit by near ... More

HCV/LCV/TRACTORS
`Our challenge is to mechanise small farms'
At a time when tractor manufacturers should be celebrating, they are looking up to the skies. The handsome growth in sales in the first quarter of this year — nearly 48 per cent — was followed by a slump post-Budget. The Budget ... More

COTTON
Cost factor limiting GM cotton adoption: Study
THOUGH the use of genetically-modified (GM) cotton varieties is expanding in many countries, the relatively slower adoption of such varieties in some regions indicates that there may be costs and consequences that limit the usefulness of GM ... More

CASHEW
Karnataka cashew sector wants sales tax cut to 4%
THE cashew industry in Karnataka has urged the State Government to bring down tax rate on cashew kernels to 4 per cent. In his Budget proposals recently, the Deputy Chief Minister and Finance Minister, Mr Siddaramaiah, had increased sales tax ... More




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Top Stories
Bonds' outlook weak


Buffalo meat exporters bullish as Saudi lifts ban

ITES, software exports up 31 pc in 2003-04

Entire motor spectrum to be detariffed

Indices may witness sideways movement

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Looking back
Jul. 25-Jul. 31
Rubber may not dip below Rs 50 a kg

NCDEX launches raw jute, guar gum contracts

MPEDA to focus on US, Japan markets

Monsoon hits central parts, revives hopes

Tata Tea keeps its options open on plantations

Poor monsoon boosts coal production

Apeda, Concor tie up for moving perishable goods

MCX flags off cotton futures

Timely Nabard credit line for farmers


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