The Hindu Business Line : Monday, July 09, 2007

CLIMATE & WEATHER
Fresh rain alert for Konkan, Mumbai, Gujarat
Thiruvananthapuram, July 8 Konkan and Gujarat, including Mumbai, are under renewed threat from flooding rains as a monsoon depression located over east Madhya Pradesh on Sunday prepared to move in a west-northwest direction. A warning ... More

CONTRACT FARMING
Hatsun, SBI in pact for loans to farmers
Hatsun Agro Product Ltd, the Rs 600-crore private sector dairy, has signed up with SBI to provide loans to dairy farmers for a contract farming programme.According to Mr R.G. Chandramogan, Chairman and Managing Director, the agreement ... More

AQUACULTURE
MPEDA plans to tap tuna resources in Andamans
Hopes to double marine products export by 2011 More

PLANTATIONS
Domestic arecanut output up by 57%
Steady expansion of red variety in non-traditional areas More

TEA
Prices firm at Kochi tea sale
Kochi July 8 Good general demand propped up the price of some dust varieties at the Kochi tea auction, which had 12.77 lakh kg of dust on offer. Good liquoring CTC varieties were steady to dearer by Rs 1-2. Best CTC varieties fetched Rs ... More

Good demand for tea in Kolkata sale
Demand continued to be good at Kolkata, Guwahati and Siliguri auction centres during the week ended July 7, according to J. Thomas & Company Pvt Ltd. Good and top quality CTC teas held levels while the medium and plainer sorts eased in ... More

TECHNICAL ANALYSIS
Gold futures may test resistance
Gold futures ended higher on Friday helped by dollar weakening despite a strong jobs report. The move by gold producer Newmont Mining Corp, to eliminate its entire 1.85 million-ounce gold hedge position was seen as a bullish sign by market ... More

Cotton futures may correct lower
New York cotton futures ended sharply higher on Friday posting a fresh contract high as it roared to a three-year peak supported a bullish USDA data.Worries about the health of the Pakistani crop and robust Chinese prices propelled NYBOT ... More

EDUCATION
Nabard to set up agri biz school
More

OILSEEDS & EDIBLE OIL
Strategy paper on sesame cultivation ready
More

SPICES & CONDIMENTS
Chilli futures looking for price signals
China’s produce this year will set the price trend More

Bears cartel push down pepper futures
Kochi, July 8 Pepper futures market during the week fell sharply on bearish activities by cartels which allegedly wanted to cover back their sales by spreading a fear psychosis in the market despite the fact that the fundamentals continued to ... More

OUTLOOK
Near-term weakness in gold; medium-term bullish
Every dip in price should provide good buying opportunity More

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