The Hindu Business Line : Monday, May 21, 2007

COMMODITY EXCHANGES
Guarseed: Price rise unlikely
Fundamental factors for guarseed are not supportive for any rise in prices, while an improvement in demand could provide support to chana futures. A bearish undertone is likely to see guarseed futures trade in ranges but no major decline is ... More

RICE
Govt to seek PM's help on MSP for paddy
To offset increased labour charges, input costs More

CLIMATE & WEATHER
Monsoon onset `lead time' may get cut
It is helping to strengthen the cross-equatorial monsoon flows but expectations that it would get embedded into the flows being steered towards the Kerala coast are belied. More

HORTICULTURE/FRUITS & VEGETABLES
Japan-bound
MANGO DELIGHT: The Minister of State for Commerce, Mr Jairam Ramesh, tasting a mango before flagging off the export of Banganapalle mangoes to Japan at a programme in Tirupati on Sunday. ... More

INFRASTRUCTURE
Pilot project to install quality pumpsets to be launched soon: YSR
The Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara Reddy, today said that a pilot project to install ISI standard pumpsets to ensure quality power supply to the farm sector would be launched shortly. Dr. Reddy directed officials to initiate ... More

SUGAR
TNAU meet on sugarcane
Fertiliser trials in fields to enhance yield and intercropping are among the package of suggestions handed out to farm scientists engaged in sugarcane research at a meet in the Tamil Nadu Agricultural University (TNAU). The ... More

TECHNICAL ANALYSIS
Gold could test resistance, drop
Gold futures ended higher on Friday helped by higher crude oil prices. Bargain hunting at lower levels helped lift prices higher. Markets ignored news of Chinese interest rate hikes and the Yuan would be allowed to trade more freely which will ... More

COTTON
Cotton arrival put at 256 lakh bales
Total arrivals of cotton so far (for the second week of May) in the 2006-07 season (Oct-Sept) is estimated at 256 lakh bales on all-India basis as compared to the 222 lakh bales registered for the same period during last ... More

OUTLOOK
Short-term weakness seen in gold
Silver technical outlook slightly bearish More

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