Business Daily from THE HINDU group of publications
Friday, May 15, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Friday, May 15, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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COMMODITIES: Inflation rate down on higher base effect Wholesale Price Index for all commodities at 231.6. New Delhi, May 14 The annual Wholesale Price Index-based inflation rose 0.48 per cent during the week ended May 2, below the previous week’s annual rise of 0.70 per cent, government data ... OILSEEDS & EDIBLE OIL: Vegoil importers in a fix over Customs Dept notice Trade to challenge demand for 4% countervailing duty. Chennai, May 14 Importers of edible oils are gearing up to challenge a notice from the Customs Department demanding four per cent countervailing duty (CVD) on all vegetable oils that have ... COMMODITY EXCHANGES: Nod for Ahmedabad Exchange The Forward Markets Commission has accorded “in-principle” approval to the 53-year-old Ahmedabad Commodity Exchange Ltd (ACE) to upgrade and convert itself into a nation-wide multi-commodity exchange on the basis of an application ... CLIMATE & WEATHER: Monsoon onset likely on May 26 The southwest monsoon is likely to make an onset over Kerala on May 26, five days ahead of schedule, India Meteorological Department (IMD) said on ... TEA: Tea will be costlier Rs 20 a kg from today Similar increase in prices likely in mid-June, says traders’ body. Mumbai, May 14 National and regional tea marketing companies have decided to raise prices by Rs 20 a kg from Friday. Another hike of Rs 20 (per kg) will follow in mid-June, ... AQUACULTURE: FISHnet system to link fisheries stakeholders Thiruvananthapuram, May 14 India will soon have a fisheries information system linking various stakeholders across the ... RICE: Rice procurement sluggish in AP on lack of storage facility Kakinada, May 14 Rice procurement by the Food Corporation of India (FCI) has become sluggish, causing great concern and anxiety among farmers and millers, and the main reason cited for it is the lack of storage space, as the FCI godowns ... CULTIVATION: Clearing hay ... EVENTS: Extend debt relief scheme to fisherfolk: Kerala CM Thiruvananthapuram, May 14 The Chief Minister, Mr V.S. Achuthanandan, has urged the Centre to extend the scope of the Central Debt Relief Scheme to cover fishermen’s cooperative societies in the ... COFFEE: Tight arabica supply may persist till Oct Likely to support current firm prices. Tight supplies of mild arabicas in the world market are likely to persist until the situation in Colombia returns to normalcy, which is expected only after ... SPICES & CONDIMENTS: Pepper futures fall further The pepper futures market on Thursday fell on bearish operations with all the contracts dropping ... EVENTS: Chai bazaar to counter rising tea prices The Western India Tea Dealers Association (WITDA) will organise a six-week chai bazaar from May 18 to counter the rising procurement prices of tea from West Bengal, Guwahati and Kolkata, said Mr Piyush Desai, President of WITDA and ... RUBBER: Buyer resistance pushes spot rubber down Kottayam, May 14 The rubber prices declined further on Thursday. The market fell on buyer resistance amidst sharp declines in the domestic and international rubber futures. Sheet rubber weakened to Rs 94 from Rs 96.50 a kg amidst ... Columnists: • G Chandrashekhar • Sharad Joshi Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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