The Hindu Business Line : Monday, May 12, 2008

WHEAT
Has wheat futures ban helped insulate India from global price shock?
New Delhi, May 11 The jury is still out on whether futures trading has had any role in fuelling inflation in agri-commodities. But in the case of wheat, the available evidence points at something quite interesting. ... More

INSIGHT
Trading palliatives
More

COURTS/LEGAL ISSUES
SC to hear appeals against support price for sugarcane today
Chennai, May 11 The Supreme Court on Monday will hear a batch of petitions and appeals against different orders of the Allahabad High Court on the support price for sugarcane farmers fixed by the Uttar Pradesh Government. There have ... More

TEA
Coonoor tea prices drop on huge volume
Prices fell Rs 2 a kg on the average with the high-bid demand remaining inadequate to absorb the huge volume on offer at Sale No: 19 of the auctions of the Coonoor Tea Trade Association (CTTA) here. The volume of 12.96 lakh kg offered ... More

Strong demand for good liquoring teas in N. Indian sale
Good liquoring CTC teas, last week, in North Indian auctions continued to meet with strong demand and sold readily at around last levels, according to J. Thomas & Company Pvt Ltd, the tea auctioneers. Remainder tended irregularly lower. ... More

TECHNICAL ANALYSIS
Cotton to test support, correct higher
Cotton futures ended higher on Friday on speculation, supported by a strong rally in crude oil futures and the USDA demand/supply outlook, giving further boost to fibre contracts. The USDA said that the world cotton production in 2008-09 ... More

Gold to test resistance levels
Comex gold futures ended higher on Friday, as crude oil futures climbed higher and the dollar slid lower. Platinum also jumped higher on the launch of an ETN (Exchange Traded Notes), which rubbed off on gold as well. Though the strengthening ... More

COMMODITY MARKETS
Ban on futures trading might affect farmers
In the absence of price signals from futures market More

RETAILING
DSCL planning to hive off Hariyali venture into subsidiary
New Delhi, May 11 DCM Shriram Consolidated Ltd. (DSCL) is planning to hive off its agri-retail business, Hariyali Kisaan Bazaar into a subsidiary this financial year and grow it by intensifying expansion operations. ... More

OUTLOOK
Downward bias still exists in gold
Same trend likely to continue in the short term More

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Radar: Resources elsewhere
Food: Who pays the price (Video)

ADB World Outlook 2008

ADB's Outlook on India

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

In Focus
People's car

P-Note blues

Other Top Stories
Ban on futures trading might affect farmers

Govt to seek annual fee from successful bidders of non-metro airports

Customs duty on imports under EPCG scheme cut to 3%

Kudos in line on inflation management

Poor response delays Coal India’s forward e-auction

Yields head southward as inflation worries abate

Will oil touch $200 a barrel?

Looking back
May. 4-May. 10
Exempt jute from futures trading, says IJMA

Foodgrains output fails to keep pace with demand growth

Cotton board meet may provide clues on exports

Dairy industry seeks 20% export tax on oilmeals

Sugarcane price: Food Ministry seeks farm costs panel comment