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Tuesday, May 03, 2005

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AGRI-BIZ & COMMODITIES

WHEAT


Global wheat, flour trade to rise 5 mt: IGC
The market is expected to be stable with the demand-supply fundamentals helping rein-in price volatility. More

Waiting with hope
A farmer sitting on a mound of wheat at the Khanna mandi in Punjab, awaiting buyers. The arrival of the crop during the current kharif season is now in the last stages. Wheat production is likely to be around 71 million tonnes, lower than initial ... More

PESTS


Extension likely for project to curb white stem borer
THE Common Fund for Commodities-funded four-year integrated white stem borer management project is likely to be extended by another year. The $5-million project is currently in the third year of implementation. The Common Fund for ... More

AQUACULTURE


Counting the catch
Fishermen preparing to go out to sea near Fort Kochi. The officials of the Central Marine Fisheries Research Institute (CMFRI) and the population enumerators will span 3,000 coastal villages across the country to make a headcount of fishing ... More

INFRASTRUCTURE


Cong, TDP at loggerheads over Godavari lift irrigation project
THE Pushkar lift irrigation project on the Godavari, meant to irrigate 1.86 lakh acres in East Godavari district, is in the thick of controversy as the ruling Congress Party and the main opposition party, Telugu Desam, have taken conflicting ... More

RUBBER


Rubber prices unchanged
SPOT rubber was steady on Monday. Market activities were restricted to as buyers and sellers were not interested in quantum transactions. Traders and other operators appeared to be waiting for revised quotations from the major manufactures ... More

SUGAR


`Sugar futures aligned to realities of physical trade'
THE National Commodities and Derivatives Exchange (NCDEX) on Monday clarified that trading in sugar futures on the exchange "is not mere paper trading but aligned to the realities of physical trade". In a statement on declining prices of sugar ... More

Molasses duty cut to Rs 750/t
THE Finance Minister, Mr P. Chidambaram, on Monday brought partial relief to the sugar industry by reducing the excise duty on molasses to Rs 750 a tonne from Rs 1,000 asproposed in the Budget. The sugar industry will now have to shell out an ... More

TEA


Bought leaf units urge Tea Board to defer e-auctions
THE Nilgiri Bought Leaf Factories Association - the body representing the owners of small-scale private tea factories in the Nilgiris - has appealed to the Tea Board to defer the mandatory implementation of the e-auctions at the Coonoor Tea ... More

PRECIOUS METALS


Gold may come under pressure
CONTRARY to the latest GFMS Gold Survey 2005 assertion that "gold heading for the $500-an-ounce-mark no longer looks fanciful", gold market fundamentals actually suggest a different outlook, experts said, adding that barring a very significant ... More

COTTON


Mills furnish Rs 1-cr guarantee for contract cotton farming
THE multilateral contract farming model for cotton formulated this year by the Tamil Nadu Government's Commissionerate of Agriculture (CoA) provides for a performance guarantee commitment from the textile mills, whose raw cotton requirement is ... More

COMMODITY MARKETS


Further upside seen in commodity markets
COMMODITIES continue to draw attention of businesses and investors even as few financial markets are now perceived to be immune from the upward surge in prices. Commodity indices continue to be among the best performing in any asset ... More

MARKETING


Farmers asked to register
THIRUVANANTHAPURAM: Farmers interested in marketing paddy through the State Civil Supplies Corporation (Supplyco) have been asked to register by furnishing names and other details latest by May 10. An official spokesman said here that ... More

CO-OPERATIVES


KSCARDB offices, banks to be networked
THE apex Kerala State Co-operative Agriculture and Rural Development Bank (KSCARDB), its 14 regional offices and 44 banks at the primary level are being inter-connected and fully networked on the Oracle platform. The Rs 7.36-crore system is ... More

BOOKS


IEA book on oil saving methods
MUMBAI: There are a number of methods available which, at relatively low implementation cost, could together save upwards of one million barrels per day of oil, if implemented aggressively. Along with supply-side measures, (such as ... More


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Top Stories
`We will turn zero-debt by 2005-06 end' — Mr B. Anantharaman, JMD, Max India


Molasses duty cut to Rs 750/t

China's rapid economic growth hits Asian nations differently

I-T Dept slaps Rs 50-cr notice on Infosys

India Inc disappointed over FBT retention

Murugappa group plans to invest Rs 650 cr in capacity expansion

Further upside seen in commodity markets

In Focus

BHEL Disinvestment
China's revaluation
Dabhol power regenerated
Tracking the rains
Sethusamudram Canal Project
India Inc's overseas acquisition
More

In Depth

Gender Justice
Simple Economics
Tax Talk
More

Looking back
Apr. 24-Apr. 30
Govt may lower wheat output projections — Above normal temperature in Nov-Dec affects yield

Ginger exports cross 13,000 t

US to review dumping duty on Indian shrimp

Global commodity investors may turn cautious

Cabinet nod soon for Jute Technology Mission

`$500-mark for gold no longer a fancy'

Tea exports from South rise in 2004

Spices exports rise 18 pc in 2004-05


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