Business Daily from THE HINDU group of publications
Friday, August 22, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Friday, August 22, 2008 ePaper | Mobile/PDA Version | Audio |
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AGRI-BIZ & COMMODITIES AGRICULTURAL POLICY: Open market sale to make available 50 lakh t of wheat Release of rice depends on kharif crop size; intervention aims to hold price line. New Delhi, Aug. 21 The Union Government, on Thursday, approved a new open market sale scheme (OMSS) for wheat and rice in order to keep grain prices in check ... COMMODITIES: Costlier food drives up inflation rate to 12.63% Wholesale Price Index of all commodities at 240.7. New Delhi, Aug. 21 The annual Wholesale Price Index-based inflation rose 12.63 per cent during the week ended August 9, above the previous week’s year-on-year rise of 12.44 per cent, ... CLIMATE & WEATHER: Rain surplus stays despite setbacks in South Deficit worsens in Kerala, interior Karnataka. Thiruvananthapuram, Aug 21 The monsoon has managed to maintain a surplus unchanged from the last week (ending August 13) despite suffering a slight reversal in the interregnum. ... METALS: Lead prices set to dip further on excess supply Waning demand, higher inventories capping upward movement. Mumbai, Aug. 21 Continuing its downtrend, lead prices is set to fall further in the third quarter of the calendar year due to excess supply and waning ... CORPORATE FARMING: Empee Sugars plans corporate farming of cane For its upcoming integrated sugar mill in TN. Chennai, Aug. 21 Empee Sugars and Chemicals Ltd, which is putting up a Rs 515-crore integrated sugar mill complex in Tirunelveli in Tamil Nadu, is planning corporate farming of sugarcane apart from ... CASHEW: Maharashtra tops in cashew output, yield Kerala tops in processing, nut production. Kochi, Aug. 21 India had 8.68 lakh hectares under cashew cultivation in 2007-08 and produced 6.65 lakh tonnes of raw cashew nuts with average productivity being 860 kg a hectare. ... SUGAR: 10% ethanol blending unlikely by October New Delhi, Aug. 21 Government’s plans to make 10 per cent blending of ethanol in petrol from October onwards is unlikely to take off amid several issues, including availability and pricing. ... JUTE: CCEA approves 100% jute packaging for grains, sugar Kolkata, Aug. 21 The Cabinet Committee on Economic Affairs (CCEA) today gave its approval for compulsory packaging of food grains and sugar in jute bags on 100 per cent basis for the jute year 2008-09 (July-June). ... COMMODITY EXCHANGES: Deadline set for commodity exchanges to comply with foreign investment norms New Delhi, Aug. 21 In a clear signal to the commodity exchanges to get listed on the stock exchanges, the Government has set June 2009, as the deadline for all the 22 existing exchanges to comply with the revised foreign investment guidelines ... RUBBER: Spot rubber unchanged in low key trade Kottayam, Aug. 21 Spot rubber was unchanged on Thursday. The trading activities were in an extremely low key even after a day’s break on Wednesday. ... INFRASTRUCTURE: Spices Park in Guntur dist The Chief Minister, Dr Y.S. Rajasekhara Reddy, has said the Spices Park being set up in Guntur district will prove a great boon to farmers in the district and surrounding regions, as they will get the required facilities for processing and ... SPICES & CONDIMENTS: Bears pull down pepper futures market Kochi, Aug. 21 Pepper futures on Thursday fell on bearish activities. The market continued to witness high volatility because of the muscle power of both the bulls and bear operators, market sources told Business Line. ... TEA: India may gain on tight Tanzania tea supplies Coonoor, Aug. 21 Pakistan, which faces difficulty in obtaining the required volume of Kenyan teas at affordable prices in the wake of the 21 per cent fall in Kenya’s production in the first half, is finding Tanzanian supplies also ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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