AGRI-BIZ & COMMODITIES
RUBBER
Rains fail to prop up rubber prices
The weekend witnessed a steady closing in physical rubber prices. The covering groups and purchase agents were hesitant to enhance their quotes since global prices ruled much below the domestic rates.Continuous rains during the past 24 hours ...
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SUGAR
Gulshan Sugars and Chemicals: Avoid
Though growth prospects appear bright, valuations are stretched for this stock in the chemicals sector.
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TECHNICAL ANALYSIS
Cotton may test support level
New York cotton futures ended easier on Friday still dominated by switch trade. The focus will now turn to how much China, the world's top consumer of cotton, will buy from the international market. The active December contract continues to ...
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AGRICULTURAL POLICY
Duty exemption for coir products
The Finance Ministry has granted excise duty exemption for manufacture of coir composite boards, coir matting boards and coir boards. A central board of excise and customs spokesperson confirmed this move of the revenue ...
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OUTLOOK
ELEVENTH PLAN PAPER
Farm production may not meet demand
The Approach Paper to the 11th Plan (2007-2012) estimates that demand for agricultural output will grow at about 4.1 per cent per year, if gross domestic product (GDP) grows at 9 per cent. However, 4.1 per cent growth is unlikely. Agricultural ...
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