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Tuesday, February 10, 2009
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AGRI-BIZ & COMMODITIES

AGRICULTURAL POLICY: Support prices keep inflation in food articles in double digits
Rates of agri produce rule higher across-the-board. Chennai, Feb. 9 The annual rate of inflation based on the Wholesale Price Index (WPI) was lower at 5.07 per cent for the week-ended January 24 compared with the 16-year high of 12.91 per cent ...

INSIGHT: Crisis in cotton
India is now a major power in the world of cotton. With an estimated production of 5.46 million tonnes in the current season (2008-09), the country is the second largest producer of raw cotton, next only to China (about 8 million ...

CLIMATE & WEATHER: Hail threat to wheat-growing areas
Thiruvananthapuram, Feb. 9 The churn in weather associated with an incoming western disturbance traced to over north Pakistan and adjoining Jammu and Kashmir on Monday has prompted a hailstorm alert in northwest ...

SPICES & CONDIMENTS: Marginal rise
...

TEA: Frost, drought hit tea output in TN
Coonoor, Feb. 9 The UPASI Tea Research Foundation has advised planters of the steps they have to take for drought management. “As dry weather conditions prevail, scientific measures are highly essential to mitigate the impact ...

SPICES & CONDIMENTS: Dry spell threatens cardamom crop
Hopes hinge on month-end showers. The continuous dry spell accompanied by winds in the cardamom growing belts in Kerala, if it goes on without any summer showers till the end of February, will affect the plants, which are otherwise in good ...

RUBBER: Spot rubber rules weak
Kottayam, Feb. 9 Spot rubber finished weak on Monday. The absence of major manufacturing industries in the buyers queue kept the market mood depressed during the session. Sheet rubber slipped to Rs 67.25 from Rs 67.50 a kg on buyer ...

SPICES & CONDIMENTS: Pepper futures move up on tight supply
Pepper futures market on Monday moved up on tight supply as the farmers as well as the spot sellers were holding back on anticipation that the prices might ...

Columnists: G Chandrashekhar Sharad Joshi




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Markets (Feb 09)
Nifty (at close)2,919.90(+76.80)
US Dollar (Buy/Sell)48.58/59
Brent crude (a bbl) Rs2,230
Gold (a gram) Rs1,321
Silver (a kg) Rs21,945


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