The Hindu Business Line : Monday, November 10, 2008

AGRI-BIZ & COMMODITIES

SUGAR: Simbhaoli, Modi Sugar start cane crushing
Break ranks with other cos as deadlock over cane pricing continues. New Delhi, Nov. 9 Even as the deadlock with the State Government over cane pricing continues, a couple of sugar mills in Uttar Pradesh have started crushing operations for the ...

COMMODITY MARKETS: Subdued economic growth may hurt demand prospects
Gold likely to stay in surplus as jewellery demand has suffered in H1. Chennai, Nov 9 With consensus among economists veering around to global recession, demand side concerns have further come to the fore. World economic growth on an average is ...

SUGAR: Global sugar deficit likely to shrink
Brazilian mills may shift from ethanol to sugar as crude prices fall. Mumbai, Nov. 9 The global sugar deficit in 2008-09 may be smaller than the earlier forecast of 3.90 million tonnes as sliding crude oil prices may encourage many Brazilian ...

CASHEW: Centre can’t go back on setting up of cashew board: Minister
Kerala CM, trade unions submit separate memoranda to PM. The Union Government cannot go back on its decision to create a cashew development board for the overall development of the cashew industry including its cultivation in the country, ...

TECHNICAL ANALYSIS: Gold futures likely to rise
Gold futures, ended slightly higher on Friday helped by a retreating dollar and some short-covering ahead of the weekend. The dollar lost as much as 1.1 per cent against the euro, heading for a second weekly decline, as the US unemployment ...

TECHNICAL ANALYSIS: NY cotton to test support levels
Cotton futures dropped to fresh two-year lows on Friday on speculative selling as poor demand and global recession is expected to further depress prices. The important government data on demand/supply is expected on Monday. Markets are ...

SPICES & CONDIMENTS: Pepper drops for want of buying support
Pepper futures market during the week witnessed high volatility with nearby deliveries from November to February dropping by Rs 264 to Rs 20 a quintal at the weekend close. March and April showed an increase of Rs 212 and Rs 134 a ...

SOCIAL SECURITY: A new dawn?
...

TEA: Good demand for Assam CTC leaf teas
Kolkata, Nov. 9 Last week, Assam CTC leaf teas at North India auctions met with good demand, according to tea ...

SEEDS: Seed industry meet to encourage global tie-ups
The Asian Seed Congress 2008, which aims to provide a forum for the small and big players in the Rs 5,000-crore Indian seed industry to interact and forge tie-ups with global companies, ...

OILSEEDS & EDIBLE OIL: ‘Restore customs duty on edible oil imports’
Ahmedabad, Nov. 9 The Central Organisation for Oil Industry and Trade (COOIT) has urged the Government to re-impose bound-rate customs duties on import of edible oils immediately to encourage higher oilseeds and edible oil production ...

CLIMATE & WEATHER: Bay ‘low’ to anchor monsoon revival this week
Thiruvananthapuram, Nov. 9 All leading models are now indicating a revival of northeast monsoon around a building low-pressure area in the south-central Bay of Bengal ...

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Markets (Nov 06)

Nifty (at close)	2973.00(+80.35)
US Dollar (Buy/Sell)	47.64/65
Brent crude (a bbl) Rs	2,727
Gold (a gram) Rs	1,082
Silver (a kg) Rs	16,930

In Focus
Pravasi Bharatiya Divas, Singapore

More

Other Top Stories
Indian techies in the US still optimistic

Top tech institutes upbeat on placements

Financial reforms take a ‘U’ turn

Bonds retreat on technical correction

Global sugar deficit likely to shrink

3G on fast track: Ministries work out compromise formula

Obama or Tata: Who can save the economy?

Travel agents, airlines split on transaction fee issue

Looking back
Nov. 2-Nov. 8
Veg oil duty hike unlikely to benefit growers and consumers

Prices continue to be volatile

Egg prices touch record high of Rs 2.09

Record gold coins delivery by MCX

Slowdown, firm $ driving down cotton prices

Rise in most crops’ rabi acreage