The Hindu Business Line : Wednesday, July 02, 2008

CLIMATE & WEATHER
Monsoon roars back to life, W. coast pounded
Thiruvananthapuram, July 1 The west coast, especially the Konkan-Mumbai-South Gujarat belt, has come in for a battering for the second time this monsoon in a pattern best attributed to a recurrent sea-based phenomenon – a positive ... More

COMMODITIES
COMMODITY COMMENTARY
‘Indian entrepreneurs in Sri Lanka flouting spirit of FTA’
Mumbai, July 1 Some of the Free Trade Agreements (FTAs) the country has got into in recent years have resulted in unintended adverse consequences, primarily because of non-application of mind at the time of negotiations and signing of the ... More

RUBBER
Spot rubber rules steady
Kottayam, July 1 Domestic rubber prices were steady on Tuesday. The market failed to regain strength in tune with the global indices as there were no quantity buyers to procure the raw material, sources said. RSS 4 closed flat at Rs ... More

FOODS & FOOD PROCESSING
Task force set up to attract investments in food processing
Sector may net Rs 1 lakh cr for modernisation More

COTTON
COMMODITY COMMENTARY
Is ban on cotton export justified?
Mumbai, July 1 The domestic cotton textiles industry has in recent weeks intensified its efforts to get cotton exports banned. From its own perspective, the industry may be justified in demanding a prohibition on exports as internal prices ... More

OILSEEDS & EDIBLE OIL
Singapore to host global vegoil meet
Mumbai, July 1 September is when the crop conditions in the northern hemisphere would be considerably clear and the world agri-businesses will begin to make their marketing plans for the ensuing season.In order to facilitate strategic ... More

TOBACCO
Excise duty on pan masala
Excise duty on pan masala would now be based on production capacity with effect from July 1 this year. Hitherto, an optional scheme existed for payment of excise duty on the basis of compounded levy for pan masala and gutkha. The new mandatory ... More

AGRICULTURAL POLICY
30 l tonnes sugar buffer released
New Delhi, July 1 The Centre has released 30 lakh tonnes (lt) of sugar as the free sale quota (FSQ) for mills to sell in the open market during the July-September quarter. This is lower than the 36 lt released for the same quarter of last ... More

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Radar: Resources elsewhere
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Looking back
Jun. 22-Jun. 28
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