The Hindu Business Line : Saturday, June 07, 2008

CLIMATE & WEATHER
Monsoon flows converging again, to strengthen
Thiruvananthapuram, June 6 Thursday’s depression over the east-central Arabian Sea stuck to its track to the northwest and was poised to make a landfall over Oman, denying it the room to churn to cyclonic strength. But this did ... More

INSIGHT
Green Revolution II needed, and not export curbs
More

COMMODITIES
Milk, cereal prices push inflation up further
Chidambaram promises more measures More

FLORICULTURE
Karuturi sees Ethiopia entry as vehicle to expand biz globally
‘We already have strong presence in the African country through floriculture’ More

PESTICIDES
Olympics in China hits Indian pesticide units
Hyderabad, June 6 Most of the farmers in the country may not be aware that Beijing is hosting the Olympics this year. Perhaps, they also don’t know that the Beijing Olympics has a direct impact on the spiralling prices of pesticides that ... More

PLANTATIONS
Areca import c.i.f. value fixed at Rs 35/kg
Mangalore, June 6 The Directorate General of Foreign Trade (DGFT) has issued a notification permitting import of the betel nut (commonly known as arecanut) with c.i.f. (cost, insurance and freight) value at Rs 35 a kg and above.This ... More

RUBBER
Spot rubber rules firm
The rubber prices firmed up on Friday. Covering groups and purchase agents turned aggressive as the international indices made sharp gains catalysed by the uptrend in oil and precious metals futures. Sheet rubber RSS 4 moved up to Rs 124.50 a kg ... More

TEA
Nilgiris tea production rises 44% in May
Nilgiris tea production so far this year has increased over the corresponding period of 2007 due to the useful rains and the optimum sunshine received by the plantations. According to the UPASI Tea Research Foundation, production in its ... More

Good general demand in Kochi tea sale
With good general demand for both dust and leaf tea, prices perked up handsomely at the Kochi tea auction. Interstate buyers were active in bolder CTC dust varieties while exporters operated on medium bolder CTC. Blenders were ... More

WATER
Work on Krishna delta modernisation inaugurated
Vijayawada, June 6 The Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara Reddy, has said that the Pulichintala balancing reservoir on the Krishna will be completed in a year. The reservoir is intended to stabilise water supply to the Krishna ... More

COMMODITY MARKETS
CFTC move to improve convergence of agri spot, futures prices
In the US, the commodity futures market has been going through turmoil of sorts, what with allegations of rampant speculation and lack of strict regulatory oversight. Following a roundtable held in Washington DC on April 22 where several ... More