The Hindu Business Line : Wednesday, March 05, 2008

Issues ignored by waiver package
The Budget for 2008-09 has been under attack by various political parties, some of whom have felt that Mr P. Chidambaram has stolen their thunder by announcing debt relief to farmers. The Finance Minister has met this criticism head on by ... More

BUDGET
Loan waiver: Bounty for cane farmers
Chennai, March 4 The defaulters among the farmers must be one relieved bunch, thanks to the Rs 60,000-crore loan waiver announced by the Centre. Sugarcane farmers’ net profit this season is expected to jump 5-6 times thanks to the ... More

A new dawn?
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RUBBER
Spot rubber prices improve
Kottayam, March 4 Spot rubber improved on Tuesday. The market appeared to be following the international trends but the energy level seemed to be too low lacking genuine consumer based buying above Rs 101 a kg for sheet rubber. Still the ... More

SPICES & CONDIMENTS
Cloves prices up on lower production
Prices of cloves continued their upsurge as crops in Indonesia, Zanzibar, Comoros and Madagascar are said to be very low.The new Indonesian crop expected in June is said to be only 10 per cent, according to information made available ... More

Speculators help pepper rebound
Kochi, March 4 Pepper futures market after opening easier in the forenoon as there was no follow up moved up in the afternoon and closed higher than that of Monday’s close.There was no selling pressure for want of physical ... More

COMMODITY MARKETS
Turmeric, sugar hit upper circuit
Mumbai, March 4 It was a mixed day for commodity futures trading in the national exchanges. While kapas (raw cotton), turmeric and sugar hit the upper circuit on NCDEX, soya oil, soyabean and rapeseed mustard seed futures hit the lower circuit ... More

OUTLOOK
Cold spell may drive wheat yield to record
Output seen near 75 m tonnes; arrivals begin in Gujarat More

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