The Hindu Business Line : Tuesday, April 01, 2008

RICE
NGOs organise ‘Week of Rice Action’
Thiruvananthapuram, March 31 Non-governmental organisations across Asia are organising a ‘Week of Rice Action’ from April 2 to 8 as part of the global ‘people’s no genetic engineering day’ initiative. In ... More

CLIMATE & WEATHER
‘Westerly double’ to unsettle weather in N-West
Thiruvananthapuram, March 31 The area of convection associated with the persisting trough of low pressure over Southeast and adjoining southwest Bay of Bengal has dissipated, according to the US Navy Joint Typhoon Warning Centre (JTWC). ... More

INSIGHT
Vandiperiyar tea estates: Globalisation plucking away livelihoods
More

HORTICULTURE/FRUITS & VEGETABLES
Rains damage 90% crop in AP grape yards
Exports may be impacted; prices seen rising sharply this year More

RUBBER
Spot rubber stays steady
Kottayam, March 31 Spot rubber finished almost steady on Monday, the last trading day of the current financial year. Major players continued to sideline the market and hence the volumes were in an extremely low key, sources said. RSS 4, the ... More

SUGAR
Farm panel for hiking minimum cane price
Suggests Rs 125/quintal and bonus of Rs 30/quintal More

SPICES & CONDIMENTS
Cardamom up on buying support
Kochi, March 31 Cardamom prices, at the auctions held in Kerala and Tamil Nadu last week, improved on thin arrivals and good buying support. After the March 16 crash, in which the average price fell to Rs 430 a kg, prices increased by ... More

Chilli futures gain on crop damage
Mumbai, March 31 Most of the agriculture commodities traded on the negative zone on Monday as traders felt that the cabinet committee meeting on the price hike may suggest the Government to delist some of the essential commodities traded on ... More

Pepper futures mixed on high volatility
Kochi, March 31 Pepper futures market on Monday witnessed high volatility on confusing and conflicting reports from Vietnam on its pepper prices. Add to this there were numerous sell calls from brokers which have resulted in some ... More

COMMODITY MARKETS
No word yet on commodity transaction tax
Mumbai, March 31 There appears to be uncertainty over the implementation of the Commodity Transaction Tax from April 1 with broking firms saying the exchanges have not notified them on the issue till late Monday evening.The Finance ... More

EXPORTS & IMPORTS
Exporters may stand to lose from higher floor price for rice
New Delhi, March 31 The two tranche of hikes in minimum export price (MEP) for both basmati and non-basmati rice effected on March 5 and March 27 by the Union Government has much to do with retaining low-priced rice and bolstering the ... More

OUTLOOK
COMMODITY COMMENTARY
Government must strengthen commodity commercial intelligence
Mumbai, March 31 For the week ended March 15, inflation soared to a 14-month high of 6.68 per cent. The across-the-board increase in primary articles, fuels and metals has pushed prices to multi-week or even multi-month highs, raising serious ... More

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People's car

P-Note blues

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

Other Top Stories
No word yet on commodity transaction tax

‘Large firms now more open to mid-tier players’

Exports will touch $200 b by 2009: CII

Farm panel for hiking minimum cane price

Steelmakers, miners clash resurfaces

Rush for H-1B visas set to begin

‘Westerly double’ to unsettle weather in N-West

External debt up $ 10.3 b in third quarter

Maharashtra continues to lure auto majors

For global retailers, India ranks 44th in the preferred destination list

Looking back
Mar. 23-Mar. 29
Well marked ‘low’ may prolong rains

3,000 tonnes raw cashew damaged due to rains

Well marked ‘low’ weakens, productive still

Deep easterly trough may find match

Tea prices may rule high on short supply

Bay trough persists as a part drifts away