The Hindu Business Line : Saturday, May 24, 2008

WHEAT
Wheat buying hits record 20.71 million tonnes
Surpassing all expectations — official and unofficial — wheat procurement by the Government agencies has hit an all-time-high during the current 2008-09 rabi marketing season (April-March). As on Friday, Food Corporation of ... More

CLIMATE & WEATHER
Westerlies force a reset of cyclone watch
Thiruvananthapuram, May 23 India Meteorological Department on Friday maintained the watch for a ‘low’ in the southeast Arabian Sea even as the capricious westerlies forced the European Centre for Medium-Range Weather Forecasts ... More

AQUACULTURE
Shrimp farm industry seeks introduction of new variety
Chennai, May 23 Aquaculture industry representatives led by the Society of Aquaculture Professionals, a Chennai-based organisation of the shrimp farm industry, have sought the introduction of a new shrimp variety for farming.According ... More

COMMODITIES
COMMODITY COMMENTARY
Inflation – tough, uncertain times ahead
Govt initiatives not yielding results; monsoon holds key to food prices More

Inflation rate unchanged at 7.82% for week ended May 10
Food articles group index declines marginally More

Inflation topped 8% in March
The final inflation jumped to eight per cent in March for the first time in three-and-a-half years, revised data showed. Final inflation for the week ended March 15 was revised to 8.02 per cent from 6.68 per cent, with the final WPI for ... More

HORTICULTURE/FRUITS & VEGETABLES
Bihar special
Seasonal favourite: The juicy Litchis have started arriving in a mandi in Patna and are fetching Rs 30 per kg in the open market. Bihar is the largest producer of the fruit with a good quantity being earmarked for export. ... More

PLANTATIONS
Arecanut area expanding in north, south Karnataka, Kerala
The market continues to be steady while the arrivals have slightly improved. The quality of the arecanut reaching the market is reported to be low as a result of the summer rains during the peak drying period. North Indian demand ... More

RUBBER
Spot rubber flares up; touches all-time high
Spot rubber rates flared up sharply creating another life time record on Friday. Heavy gains in global markets especially TOCOM which regained strength followed by short covering and bulls’ buying after a weak opening kept the ... More

TAXATION
Commodity Transaction Tax to be notified soon
More

TOBACCO
Tobacco price rises to Rs 140 a kg in AP
Guntur, May 23 On an upward swing all the time, tobacco prices in Andhra Pradesh touched a new high of Rs 140 a kg on all the five auction floors in the northern lights soils of West Godavari on Friday, the highest price ever realised for the ... More

EXPORTS & IMPORTS
Tea output may remain stable at 945 mkg
Exports to Egypt may increase to 8-10 mkg this year More