The Hindu Business Line : Tuesday, May 31, 2005

Heavy rains forecast in Kerala
HEAVY to very heavy rainfall has been forecast for Kerala and Lakshadweep over the 48 hours ending Wednesday as pre-monsoon rain activity peaked in the State. Meanwhile, the India Meteorological Department (IMD) refrained from announcing ... More

INSIGHT

Farm exports: Not yielding full potential
If India wants to compete with China it must modernise the farm sector. Areas in the agricultural sector such as export-linked research, resources management, new technologies, professional marketing and sequencing of priorities too need to be looked into. More

Tea industry — Need for greater synergy between corporate and small producers
PRICES for Indian tea at the six auction centres have shown that they have improved in 2004, but are still much below the prices achieved in the late 1990s. Consider the figures shown in the Tables. Indian prices have ... More

COMMODITIES

China swings aluminium market
LATEST data from the International Aluminium Institute and other sources show that aluminium production grew by 3.5 per cent year-on-year in the first four months. It was China driving the growth, accounting for as much as 2,72,000 tonnes of the ... More

Glut forces drop in steel prices
THE latest data on steel production from China will send tremors through the steel world. The rate of growth of Chinese production is almost exponential as April production reached an annualised rate of 343 million tonnes a year. While total ... More

HORTICULTURE/FRUITS & VEGETABLES

Mango times
A vendor at Food Bazaar, Mumbai waiting for customers. Mangoes at his stall are sold at Rs 125 a dozen.

RUBBER

Rubber prices continue to remain stagnant
SPOT rubber prices continued to remain stagnant as major market participants stayed inactive on Monday. Covering groups and purchase agents were not interested to give higher quotes waiting for the prices to stabilise at lower levels. As ... More

TEA

Coonoor tea prices continue to fall
WITH the demand remaining sluggish and the volume on offer rising to new highs, the market continued to crash at the weekend sale No. 21 of the Coonoor Tea Trade Association. Arising from the carry forward of some stocks remaining unsold in ... More

FOODS & FOOD PROCESSING

Foundation stone laid for cereals, pulses milling cluster in Madurai
THE Union Minister of State for Commerce and Industry, Mr E.V.K.S. Elangovan, laid the foundation stone and inaugurated a project on the cereals, pulses and staples (CPS) milling cluster, at a function here. The Minister said that many States ... More

Facility to help in better capacity utilisation
WITH the inauguration of the project to establish a cereals, pulses and staples (CPS) processing and milling industry cluster by the Union Minister of State for Commerce and Industry, Mr E.V.K.S. Elangovan, here, Madurai can become the first ... More

DAIRY & DAIRY PRODUCTS

Heritage Foods Q4 net slips to Rs 3.25 cr
HERITAGE Foods (India) Ltd has reported a fall in net profit for the fourth quarter of fiscal ended March 31, 2005, despite recording a growth in turnover. According to the audited financial results, the company has posted a turnover of Rs ... More

COTTON

GEAC move to amend rules for approving Bt cotton — Rift between Monsanto sub-licencees, others widens
SO far the fight was limited to those for or against introduction of Bt cotton hybrids. Now, a recent Genetic Engineering Approval Committee (GEAC) move has seemingly taken it to different levels — those with Bt cotton commercialisation ... More

OILSEEDS & EDIBLE OIL

Vegoil imports continuing despite losses, lower domestic prices
DESPITE negative margins and unattractiveness of edible oil imports following continued disparity between domestic and international prices, arrivals into the country have not slackened. If anything import volumes are set to rise. It is an ... More

CASHEW

Karnataka industry plans raw cashewnuts imports
THE cashew season is drawing to a close in Karnataka with the State having produced around 35,000 tonnes of raw cashewnuts this year. Cashew manufacturing units in the State have absorbed almost all the production; they need more to run the ... More

MARKETING

Call to strengthen farm marketing strategy
FARM scientists are no longer confining their research to sustainable and pest resistant breeding techniques. They are today reorienting their focus to ensure the smooth flow of the produce from the farm gate to the end-user/consumer. "There ... More

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Pick a Winner Stock Market Contest

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In Focus

BHEL Disinvestment

China's revaluation

Dabhol power regenerated