The bank intends to roll out mobile biometric-access ATMs at Kakinada, Visakhapatnam and Tirupati during this financial year, with plans to launch 20 such ATMs across the country by 2010.
The Indian government is planning to make testing of seeds compulsory for private seed makers like Monsanto, Bayer and Novartis in the country.
Oilseeds production in India is going to move up. A new report says oilseeds growth in the country will be 16 per cent higher at 26.9 million tonnes during the fiscal as against 23.3 million tonnes produce in 2006-07.
The National Multi Commodity Exchange is planning to launch turmeric futures of Erode variety soon.
Cotton farmers in India are going to get a bountiful of hybrids to select from this year onwards.
The higher margins imposed on pepper in the wake of volatiluity in the commodity's prices by the Forward Markets Commission is likely to reduced soon.
The Forward Markets Commission, the apex commodity futures regulator in India, plans to collaborate with commodity organizations in other countries to strengthen its regulatory arm.
The West Bengal government is chalking out a new plan to set right the serious agricultural imbalance that the state faces.
According to various meteorological reports from different countries, a raging typhoon in the West Pacific has apportioned a part of the southwesterly flow to itself, denying the Arabian Sea required moisture to flag off the monsoon in Kerala.
In an effort to make awareness among farmers about the benefits of Futures trade in commodities, NCDEX and Forward Market Commission jointly organised an awareness programme here recently.
Procurement of food grains is the new sector where outsourcing is soon going to get a foothold.
India's share in the world market for basmati rice is about 53 per cent, said the government on Friday.
India, the world's second-biggest wheat consumer, may import up to 5 million tonnes of wheat this year, said Union agriculture minister Sharad Pawar a few days ago.
The downfall in sugar prices is continuing with the rates bound to slide at least Rs 50 a quintal by the month-end.
Global coffee exports have seen a major jump in the first six months of the current crop year.
Soon, farmers in India will be equipped to check out the futures prices of commodities in their villages.
Abhijit Sen committee, appointed by the government to look into the impact of futures trading on farm commodity prices, has got an extension of two months.
Exporters of commodities from India are facing a strange situation now.
India plans to launch electronic auction of spices by July this year as part of efforts by the Spices Board to make the country a global hub for processing and marketing of spices.
American wheat may find its way to India again following an Indian government delegation's visit to the US to sort out differences in quality control.
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