The Hindu Business Line : Wednesday, January 19, 2005

IL&FS ventures into commodities trading
The new initiative will operate under the name of IL&FS Investsmart Commodity Brokers Ltd., (IICBL), a news release said. The newly formed subsidiary will offer fully integrated and global service in all major commodities. IICBL plans to ... More

FARM CREDIT

Govt upbeat on farm credit targets
REITERATING the Government's commitment to the weaker sections of society, especially the farming community, the Union Finance Minister, Mr P. Chidambaram, said the Government was confident of surpassing the targets fixed for credit disbursal to ... More

SBT, Punjab Tractors tie up

WHEAT

MCX ties up with Markfed for wheat futures
WAREHOUSE receipts-based farm lending, mediated through commodity futures exchanges, may finally take off from the ensuing rabi marketing season, beginning April. The Multi Commodity Exchange of India Ltd (MCX) has tied up with the Punjab ... More

ANIMALS & LIVESTOCK

Nabard offers loans for breeding indigenous cattle
FOR a few decades, the focus was on cross breeding of cattle. But with farmers gradually realising the merits of preserving indigenous breeds of cattle and other animals, the National Bank for Agriculture and Rural Development (Nabard) has ... More

RUBBER

Rubber steady on scattered trading
THE second day of the week witnessed another steady closing on scattered buying and selling in all major grades. Quantum buyers were absent from main marketing centres. According to an analyst, the demand and supply ratio appeared balanced as ... More

DAIRY & DAIRY PRODUCTS

Hatsun Agro to launch Santosa brand of milk
According to the company's Chairman, Mr R.G. Chandramogan, Santosa, full-cream buffalo milk, will initially be introduced in Chennai on January 19, and in stages extended across Hatsun's entire network. With a turnover of over Rs 450 crore, ... More

Spilt milk
Delhi dairy owners demonstrating against the Government's move to relocate their operations outside city limits, in the Capital on Tuesday.

OILSEEDS & EDIBLE OIL

Pawar for import of GM oilseeds
IN a statement that could upset Indian farm lobby, Mr Sharad Pawar, Union Minister of Agriculture, Consumer Affairs and Public Distribution, today said there is a need to encourage import of genetically modified (GM) oilseeds and high oil content ... More

Greens shocked by Pawar's remark
"We are shocked to hear that the Minister for Agriculture has shown eagerness to bring GM oilseeds to India, rather than taking a more cautionary approach. The gross failure on the part of the Government to regulate GM crops - as happened in ... More

TOBACCO

Tobacco auctions begin in AP today
TOBACCO auctions will begin from Wednesday in Andhra Pradesh in a phased manner, according to the Chairman of the Tobacco Board, Dr P. Dayachari. The farmers expect a good price at the beginning going by the prevailing average price in ... More

SPICES & CONDIMENTS

MCX kicks off jeera futures
THE Multi-Commodity Exchange (MCX) has launched futures trading in jeera (cumin seeds). With the launch of jeera futures, the total number of commodities traded on the MCX platform is now 42, an exchange release said. Indian origin jeera of ... More

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