Business Daily from THE HINDU group of publications
Monday, October 08, 2007
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AGRI-BIZ & COMMODITIES

CLIMATE & WEATHER
Fresh ‘low’ kills incumbent, to soak east
A fresh ‘low’ has shot up literally from the blue over the warm waters of the Head and adjoining northeast Bay of Bengal on Sunday as the southeast peninsular sea kept itself on a boil a full week after the monsoon officially drew ... More

CULTIVATION
DaimlerChrysler expands jatropha cultivation project
Ahmedabad, Oct. 7 DaimlerChrysler has expanded the scope of its tie-up with the Bhavnagar-based Central Salt and Marine Chemicals Research Institute (CSMCRI), a constituent of Council for Scientific and Industrial Research (CSIR) in Gujarat, ... More

AWARDS & HONOURS
M.S. Swaminathan Award
More

HORTICULTURE/FRUITS & VEGETABLES
‘Ascon Agro plant will create job opportunities for youth’
Project will also benefit locals who mainly cultivate potato More

SUGAR
Sugar sector woes: Kelkar panel to meet tomorrow
Hyderabad, Oct. 7 Officials, farmers and industry representatives from the Southern States would meet in Bangalore on October 9 to discuss and find solutions to the crisis in the sugar sector. The Bangalore meeting would also provide a ... More

TEA
Steady trend at Kochi tea sale
Arrivals to the Kochi tea auction was lower at 9.81 lakh kg of dust and 3.18 lakh kg of leaf this week. Best quality and popular CTC varieties remained barely steady. Good liquoring CTC varieties tended to be dearer while poorer quality CTC ... More

Indco submits Rs 137-cr revival plan
Coimbatore, Oct. 7 The Industrial Cooperative Tea Factories (Indco) has submitted a proposal to the Government for its revival both on the farm front and in manufacturing.The Rs 137-crore proposal includes beneficiary contribution as ... More

TECHNICAL ANALYSIS
COMEX gold may correct lower
COMEX gold futures ended sharply higher on Friday despite a stronger-than-expected jobs report. The Labour Department reported that September non-farm payrolls rose 1,10,000, only slightly more than the expected 1,00,000 forecast. However, ... More

Cotton futures may test support
NY cotton futures ended lower on speculative selling on Friday in line with the grains complex, which it has been following closely off late. Fresh fundamental news was lacking this week as China’s markets were on holiday. Weather ... More

AGRICULTURAL INSTITUTIONS
Asia-Pacific farm experts meet
International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) and Indian Council of Agriculture Research would host three meetings of Asia-Pacific agriculture experts from October 8 to 10 here. The meetings would review and improve ... More

SPICES & CONDIMENTS
Cardamom prices continue to move up
Kochi, Oct 7 Cardamom prices continued its upward swing during the week at auctions held in Kerala and Tamil Nadu despite increased arrivals on good buying support.At the e-auction held at Bodinayakannur on Thursday, 14.53 tonnes of the ... More

Pepper futures stage recovery
Kochi, Oct. 7 Pepper futures market, after continuous decline in the past few weeks, recovered during the week with the prices showing an increase on all the contracts ranging from Rs 554 to Rs 1,069 a quintal. On NCDEX the increase was ... More

COMMODITY MARKETS
Gold prices may come in for correction
Strategic buying at every fall may be a good idea More

ALLIANCES & JOINT VENTURES
IKF Tech signs pacts with Thai cos for jatropha plantations
Initial investment pegged at around $50 m More






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