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Monday, August 16, 2004

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AGRI-BIZ & COMMODITIES

CLIMATE & WEATHER
Rainfall still not enough, says IMD
RAINFALL in nine of the 26 meteorological sub-divisions in the country is still deficient despite good rains across the country from July-end reviving kharif crop hopes. According to the latest weekly weather report of the India Meteorological ... More

PLANTATIONS
Plantations pin hopes on Central revival package
AN assurance by the Union Commerce Minister, Mr Kamal Nath, about evolving specific programmes to rescue and stabilise the plantation sector has gone a long way in raising the hope of industry representatives. Though the proposal is still in ... More

SUGAR
Bajaj Hindusthan mulls Rs 100-cr issue
BAJAJ Hindusthan Ltd (BHL) is planning a Rs 100-crore public issue to part-finance its estimated Rs 550 crore investment in four greenfield sugar plants with an aggregate cane crushing capacity of 28,000 tonnes per day (tcd) in western Uttar ... More

TECHNICAL ANALYSIS
Cotton futures may head higher
NYCE cotton futures closed marginally higher Friday, as cotton futures rebounded from the previous day's low on the back of a bearish USDA supply/demand report which also projected the second-biggest cotton harvest on record. USDA forecast US ... More

SPICES & CONDIMENTS
Spot pepper slips on low buying
PEPPER prices ruled steady for want of buying support. However, compared to last Monday, both the spot and futures witnessed a downward trend. Spot prices on Saturday were MG 1 Rs 7,000 and ungarbled Rs 6,700 a quintal as against Rs 7,100 and ... More

AGRICULTURAL POLICY
Rural farm kiosks planned in Kerala
THIRUVANANTHAPURAM: The Agriculture Department has decided to set up rural farm kiosks as part of its `Kisan Kerala' project. The first phase of the programme will be implemented in 10 Krishi Bhavans in Thiruvananthapuram district, an ... More

INTERVIEW
`Road ahead for tea industry is not smooth'
THOUGH there has been some improvement in tea exports since October 2003, the future of the industry does not look bright for various reasons. Added to this, imports of tea for re-export and domestic consumption also seems to have its impact. ... More

NATURAL CALAMITIES
Kerala Minister contests Central claim on relief funds
THE Revenue Minister, K.M. Mani, has contested the Union Home Ministry's claim that the State's plea for more drought relief was not considered owing to its failure to spend funds released earlier for the purpose. An official quoted Mr Mani as ... More




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