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Wednesday, May 11, 2005

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AGRI-BIZ & COMMODITIES

AQUACULTURE


With Parliament passing Aquaculture Bill — Banks, insurance cos may support shrimp farming
SHRIMP farming is likely to receive a boost with Parliament passing the Coastal Aquaculture Authority Bill, 2005 last week. Banks and insurance companies, which have placed shrimp farming in the negative list, will now be able to support ... More

Seafood exports up 11 pc in 2004-05
SEAFOOD exports increased 11 per cent to a record $1.47 billion in 2004-05, helped by the emergence of the European Union as the largest buyer of the country's marine products. This is the first time the EU has edged past the US and Japan - ... More

POWER


Maharashtra scraps free power scheme for farmers
The Chief Minister said that he was hopeful that the controversial Dabhol power project would be revived by July next year. Maharashtra could get around 700-750 MW with the revival of the first phase of the Dabhol project. More

RUBBER


Rubber gains on panic buying, low arrivals
RUBBER prices continued to post moderate gains on Tuesday. Hectic buying from the covering groups was witnessed amidst meagre arrivals. According to sources, most preferred to hold the stock expecting sheet rubber to touch Rs 65 a kg in near ... More

SUGAR


COMMODITY COMMENTARY
Time ripe for total decontrol of sugar sector
IT seems sugar will never cease to be in the news. Admittedly, the sugar lobby is influential and the people involved are powerful. This perhaps explains why certain intolerance towards price volatility and change from status quo is ... More

TOBACCO


AP tobacco farmers block traffic
ONGOLE: Tobacco farmers blocked road and rail traffic at several places in Prakasam district on Tuesday in protest against the low prices prevailing on the auction floors. Farmers blocked road traffic at Podili, Singarayakonda, ... More

SPICES & CONDIMENTS


Duty evasion in cloves, cardamom imports suspected
SPICES such as cloves and cardamom are reportedly being imported by under-invoicing and giving wrong declaration of their origin as Pakistan or Bangladesh, despite the fact that they do not grow the crop. The first such incidence came to light ... More

COMMODITY MARKETS


Tur prices rise on supply fears
Rates up Rs 50 a quintal since the start of the week. Fears have emerged over reports of three blasts that rocked Myanmar capital Yangon during the weekend. More


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Top Stories
Malladi Drugs acquires US-based Novus


Educational, medical institutions run on commercial lines may lose tax sop

VAT panel may assume quasi-judicial role

Debit card usage at point-of-sale rising

Tur prices rise on supply fears

Company Affairs Ministry okays Sun group's DTH application

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
May. 1-May. 7
Pepper prices continue to slide on selling pressure

Further upside seen in commodity markets

Molasses duty cut to Rs 750/t

Service tax exemption for farm income insurance premium

CWC targets farmers for value-added services

Drop in shipments to US affects pepper exports; down to below 15,000 t

Edible oil imports surge in April

Speculative sales pull down sugar futures — Spot trading comes to standstill


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