Business Daily from THE HINDU group of publications
Monday, November 09, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Monday, November 09, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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TECHNICAL ANALYSIS: Comex gold may correct lower Comex gold futures ended at a record high on Friday as investors sought safe-haven after data showed the US unemployment rate unexpectedly jumped to 10.2 per cent in October. While doubts about an economic recovery boosted gold, base ... COMMODITIES: Gold retains potential as safe investment haven Mumbai, Nov. 8 The nature of macro-economic data flowing in the last few days is beginning to boost confidence of commodity market participants. The latest OECD leading indicators are a case in point. They are incrementally bullish. There ... SUGAR: TN against Centre’s sugarcane fair price Mills here would go by the State Advised Price, says Minister. Chennai, Nov. 8 The Tamil Nadu Government does not support the Fair and Remunerative Pricing (FRP) for sugarcane, according to an official ... SPICES & CONDIMENTS: Pepper prices witness divergent trend Kochi, Nov 8 It appears that the bearish reports spread in the markets from mid-week last that all the origins are holding huge stock of black pepper have turned out to be a farce, as prices at all the origins till the weekend remained ... FARM CREDIT: Financial institutions urged to expand farm credit activities Agri-business summit and expo concludes. The availability of institutional credit for farmers is vital and banks and financial institutions, therefore, should take the initiative to expand farm credit activities, said Mr Sanjeev Chopra, ... GOLD & SILVER: NMCE kicks off trading in gold guinea contract The National Multi Commodity Exchange (NMCE) has introduced eight gram gold guinea contracts, which areexpected to facilitate greater trade and delivery ... TECHNICAL ANALYSIS: NY cotton may test support levels NYBOT Cotton futures ended lower Friday on profit-taking and position adjustment ahead of release of a government crop report and options expiration next week. On Tuesday, the market will be digesting the monthly supply/demand report from the ... CLIMATE & WEATHER: Arabian Sea ‘low’ may ramp up to depression status Thiruvananthapuram, Nov. 8 The northeast monsoon has continued to be vigorous over Tamil Nadu, south coastal Andhra Pradesh and Kerala while being active over Rayalaseema during the last 24 hours ending Sunday ... WATER: Dam breach Heavy inflow following rains in Kerala and Tamil Nadu breached the side wall of a canal connecting Mullathara Dam in Palakkad district on Sunday, inundating nearby areas. People living on the banks of the Chittoor river and Mullathara dam were ... SEEDS: Delay in clearing poppy seed cargo holds price Kochi, Nov. 8 The delay in releasing poppy seed consignments from ports due to alleged indifferent attitude of the authorities is depriving consumers of competitive ... Columnists: • G Chandrashekhar • Sharad Joshi Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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