Business Daily from THE HINDU group of publications
Saturday, December 06, 2008
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Saturday, December 06, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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AGRI-BIZ & COMMODITIES METALS: Production cuts may help metal prices rebound Inventories overflowing on low offtake. Mumbai, Dec. 5 With the US officially declaring economic recession, the worst seem not over for base metals such as copper, aluminium, zinc and lead. Prices have already halved and inventories at the ... COFFEE: Coffee output to be lower than board’s pruned estimate Plantation industry differs on magnitude of drop. Chennai, Dec. 5 Coffee production during the current year that began in November is likely to be lower than the Coffee Board’s revised estimate of 2.76 lakh tonnes (lt). The plantation ... OILSEEDS & EDIBLE OIL: Oilmeal exports zoom on weaker rupee Realisation up 412% despite fall in prices. Mumbai, Dec. 5 Despite fall in price, oilmeal exports realisation zoomed 412 per cent to Rs 881 crore in November against Rs 172 crore registered in October, according to Solvent Extractors’ ... COIR: IOB in pact with Coir Board Indian Overseas Bank has signed a Memorandum of Understanding with Coir Board for implementation of rejuvenation, modernisation and technology up-gradation of the coir industry. The objectives of the scheme is to encourage traditional coir units ... CLIMATE & WEATHER: Shift in bearing may cap Bay storm strength Thiruvananthapuram, Dec 5 Thursday’s depression in the Bay of Bengal has intensified into a deep depression on Friday, just a churn away from being classified as a cyclone, but slight shift in coordinates could weigh in to alter ... AQUACULTURE: Catching on ... CULTIVATION: Acreages under most rabi crops gain New Delhi, Dec. 5 In a further signal of easing inflationary pressures in the economy, acreages under most rabi crops currently being planted are significantly higher compared to last year’s ... RUBBER: Spot rubber drops below Rs 60 a kg Kottayam, Dec. 5 The domestic spot rubber closed weak falling below the critical Rs 60 level on Friday. Sheet rubber RSS 4 declined to Rs 59 from Rs 60 a kg on moderate selling from dealers and growers. The grade hit an intra-day low at Rs 58 ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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