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Saturday, August 30, 2008
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AGRI-BIZ & COMMODITIES

CULTIVATION: Rice, oilseeds kharif coverage increases
Acreage under cotton, sugarcane, maize trails. Chennai, Aug. 29 With monsoon picking up momentum towards July-end and early this month, rice and oilseeds seem to have gained. However, pulses, cotton and sugarcane have not been able to make ...

METALS: Demand for copper substitutes seen rising
‘Recent spike in prices may not be sustainable’. Mumbai, Aug 29 Even as the demand for copper continues to be buoyant, the recent spike in copper prices may not be sustainable in the long run as the consumers may shift to ...

SUGAR: Sugar exporters against move to remove sops
Rising prices in the domestic markets raise Govt concern. Mumbai, Aug. 29 Sugar exporters have expressed their dissension over the Finance Minister, Mr P. Chidambaram’s suggestion to discontinue the subvention (grant of money) given to ...

CLIMATE & WEATHER: No respite to East as rain deficit gets cut to 1%
Thiruvananthapuram, Aug 29 The rain deficit has narrowed down once again to one per cent on Wednesday (Aug 24) as a ‘turnaround’ spell persisted in the south while flooding rains in the east, dubbed the worst in decades, ranted ...

COMMODITY EXCHANGES: Indian Energy Exchange records over 18,000 MW trade on Aug 8
Mumbai, Aug. 29 Indian Energy Exchange (IEX), which completed two months of operations, has recorded a total volume of 251 million units with a trading of 58 MW on day one touching the highest transaction of over 18,000 MW on August 8. ...

DAIRY & DAIRY PRODUCTS: Heritage opens dairy parlours


AQUACULTURE: Shore-bound


TEA: Tea exports to Iraq resume; volumes low
Coimbatore, Aug. 29 After a brief lull, tea exports to Iraq are reported to have resumed this week. Trade sources told Business Line that the volumes were not significant, but were expected to pick up in due ...

RUBBER: Spot rubber rules firm
Kottayam, Aug. 29 Rubber prices turned steady on Friday. Traders seemed to be hesitant to buy above the life time high as there were reports of an improvement in arrivals at the village markets. RSS 4 closed firm at Rs 142 a kg though the ...

SPICES & CONDIMENTS: Bears pull down pepper futures
Kochi, Aug. 29 Pepper futures market fell on Friday on bearish operations and the September contract fell below the spot ...

POULTRY: Suguna plans daily-fresh stores in South
Suguna Group, a leading poultry enterprise, has proposed to set up 200 daily-fresh stores under the brand name Suguna Daily Fressh in Kerala, Tamil Nadu and Karnataka this year. ...

CULTIVATION: RBI moots farm revamp to boost productivity
Mumbai Aug. 29 The Reserve Bank of India (RBI) has suggested a comprehensive agriculture revamp programme as a policy initiative to shore up the stagnating agricultural productivity in ...





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Markets (Aug 29)
Nifty (at close)4360.00(+146.00)
US Dollar (Buy/Sell)43.75/76
Brent crude (a bbl) Rs4,900
Gold (a gram) Rs1,111
Silver (a kg) Rs20,645


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In Focus
Remembering Ramachander

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Other Top Stories
Fiat may delay launch of Linea, Grante Punto

Tea exports to Iraq resume; volumes low

India-Asean pact’s negative list covers mostly farm goods

Sugar exporters against move to remove sops

Boom attracts wine importers, Govt policies drive them away

IT firms see something to cheer in Obama speech

Looking back
Aug. 17-Aug. 23
Seafood exports: Share of shrimps falls; frozen finfish records rise

Problems dog basmati rice export industry

Area under kharif cereals, pulses down

10% ethanol blending unlikely by October

Bio-fuels to be brought under the ambit of ‘declared goods’



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