Business Daily from THE HINDU group of publications
Monday, February 02, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Monday, February 02, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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AGRI-BIZ & COMMODITIES OUTLOOK: Cross-currents likely to swing market, but within a range Big domestic investors keeping watch on Wall Street sentiments. Did the market expect a positive verdict on Reliance Industries Limited gas imbroglio or was it the (Barack) Obama package magic that was behind last week’s rally? Or was ... GOLD & SILVER: Gold has upside potential in medium term But downside risk in near term, crude seen ruling weak. Mumbai, Feb. 1 Commodity markets continue to be haunted by volatility and highly divergent short-term ... TECHNICAL ANALYSIS: Gold futures may rise Gold futures ended sharply higher Friday reaching a three-and-half month high fuelled by flight-to-quality buying and investment demand into bullion. investors overall were allocating more of their portfolio money into gold instead of other ... SPICES & CONDIMENTS: Poppy seed prices may decline on higher output Rates may come down to Rs 250 a kg in June-July. Kochi, Feb. 1 Poppy seeds (khus khus) production in major producing countries– Turkey and India – is said to witness an upsurge this year and that, in turn, is likely to push down ... RESEARCH & DEVELOPMENT: Defence research body achieves breakthrough in farm, animal husbandry New Delhi, Feb. 1 Harsh climatic conditions prevalent at the high altitude Ladakh in the Himalayan region can no longer be a hindrance to farm and animal husbandry practices as the Defence Institute of High Altitude Research (DIHAR) of ... SUGAR: Dearer sugar If you are forced to pay a high price for the sugar you consume daily, blame it on the Government. Poor commercial intelligence, policy flip-flop and the Government’s unwillingness to loosen its vice-like grip over the sector have all ... CLIMATE & WEATHER: Monsoon likely to lose La Nina gains Recently in Tokyo The year 2009 Indian monsoon could forfeit the likely gains from La Nina conditions in the equatorial east Pacific in the context of a developing negative Indian Ocean Dipole (IOD) event of seesawing sea surface ... SPICES & CONDIMENTS: Pepper declines despite lower supply Erratic rains play havoc. Kochi, Feb. 1 Pepper futures market in the later part of the week witnessed bulls-liquidation resulting in the prices dropping. There was a bearish sentiment created based on assumptions that the domestic demand would ... FINANCIAL PERFORMANCE: McLeod Russel net up on tea price boom Kolkata, Feb. 1 The tea price boom helped McLeod Russel, the largest producer of tea, post 61.48 per cent growth in its net profit during the quarter ended December 31, 2008. The net profit soared to Rs 48.59 crore as compared to Rs 30.09 ... HORTICULTURE/FRUITS & VEGETABLES: Prices crash ... TEA: Coonoor tea prices drop on low demand Coonoor, Feb. 1 Prices generally declined by Rs 3 a kg at sale No. 5 of the Coonoor Tea Trade Association (CTTA) auctions as demand was inadequate to absorb the two-week low offer of 13.63 lakh kg despite the auctions being held after a gap of ... POULTRY: NECC plea to Centre The National Egg Coordination Committee (NECC) has appealed to the Centre to include soyameal and maize, in the list of essential commodities to check hoarding and speculation by the traders and to bring the price of these commodities to ... INSIGHT: Restoring Kuttanad to its heyday Last week renowned agriculture scientist M.S. Swaminathan, who headed the group that engineered the Rs 1,839.75-crore Kuttanad Package for the revival of the once bountiful agrarian Kuttanad belt of Kerala, was back in the ... TAXATION: Plea on ‘market committee cess’ Madurai, Feb. 1 The Tamil Nadu Foodgrains Merchants Association has urged for setting right the defects in the levy of ‘Market Committee Cess’ for agricultural products in the ... Columnists: • G Chandrashekhar • Sharad Joshi Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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