![]() Financial Daily from THE HINDU group of publications Saturday, April 09, 2005 |
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AGRI-BIZ & COMMODITIES COMMODITY EXCHANGES FMC asks NCDEX to explain delay in imposing margin on guarseed contracts THE Forward Markets Commission (FMC), a regulatory body for commodity markets and futures exchanges, has called for a meeting of officials of NCDEX (National Commodities and Derivatives Exchange) on Monday to seek an explanation on why it delayed ... More FARM CREDIT Bengal Tools ties up with UCO Bank BENGAL Tools Ltd, which is engaged in marketing power tillers, has tied up with UCO Bank for financing its products. A special scheme, named UCO Shrachi Sifang Krishi Jyothi, has been worked out under which the bank will finance without margin ... More
Nabard aid to Kerala totals Rs 1,346 cr last fiscal AQUACULTURE A boost for tuna fishing, marine exports THE Foreign Trade Policy's package for the seafood sector is expected to help marine product exports grow to over $2 billion in the immediate future. "This is the first time that marine products have been given the attention it deserves," the ... More PLANTATIONS
Why tea firms are exiting plantation operationsFOR the major tea companies in India, producing tea in bulk no longer appears to be attractive due to high costs, huge manpower and extremely low competitiveness. As a result, two companies have opted out of plantation activity. Instead they ... More RUBBER Rains soften rubber prices RUBBER rates softened following sustained showers around the State. It is reported that most of the plantations have resumed tapping following a favourable swing in weather. Buyers were not interested as selling from traders put pressure on all ... More TEA FOREIGN TRADE POLICY Tea exporters may gain from move to scrap cess TEA exporters stand to gain from the Union Commerce Ministry's proposal to remove cess on plantation commodities. In the case of tea, a cess of Rs 0.30 a kg is levied at the producer end. Consequent to the removal of the export cess on all ... More
Cost pressure forcing tea majors to exit plantation business OILSEEDS & EDIBLE OIL Rice bran oil from Oilfed HYDERABAD: The Andhra Pradesh Oil Federation (AP Oilfed) has launched the marketing of rice bran oil under its flagship brand `Vijaya'. The one-litre pack is priced at Rs 41. Announcing the launch here on Friday, Mr N. Raghuveera Reddy, ... More POULTRY NECC urges Kerala to remove VAT anomaly THE National Egg Co-ordination Committee (NECC) has asked the Oomen Chandy Government to remove, what it calls, the "anomalous" tax. The Chairman of the NECC's Namakkal poultry zone, Dr P. Selvaraj, said in a statement that the introduction of ... More CO-OPERATIVES Nabard works out special package for coops THE National Bank for Agriculture and Rural Development (Nabard) has worked out a special package for cash-starved State cooperative banks that allows them refinance at attractive rates subject to their adhering to strict guidelines. "We ... More
Nabard's carrot and stick policy for co-ops
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Looking back Mar. 27-Apr. 2 Metal prices may rise further in short term Budget thrusts on plantation sector development Traders gain from Nafed's price support operations Vanilla dips as global demand fails to pick up Cashew exports set to cross Rs 2,600 cr Rubber imports may come down under VAT regime IRMA board begins search for new chief Conspiracy to capture institute, says Kurien |
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