The Hindu Business Line : Thursday, July 03, 2008

CLIMATE & WEATHER
Rains bear down heavily over Gujarat region
Thiruvananthapuram, July 2 The intensity of precipitation along the west coast moderated somewhat on Wednesday as dry northwesterlies pushed their way into the moisture-laden southwesterlies. But the rains bore down heavily over the Gujarat ... More

HORTICULTURE/FRUITS & VEGETABLES
AP to spend Rs 744 cr on horticulture
Hyderabad, July 2 The Horticulture Department of Andhra Pradesh Government has announced an action plan for 2008-09 with an outlay of Rs 744.44 crore.This plan includes a spend of Rs 231.70 crore under the State Horticulture Mission, ... More

RUBBER
Spot rubber prices gain on global trend
Kottayam, July 2 The rubber prices made sharp gains on Wednesday. The market reacted in tandem with the global mood and RSS 4 moved up to Rs 133 a kg from Rs 131.50 a kg as covering groups and purchase agents remained active in the session. ... More

TEA
Huge volume on offer at Coonoor tea auctions
Coonoor, July 2 Amidst transportation difficulties caused by the all-India lorry strike, producers are hopeful of selling a huge volume of 13.80 lakh kgs at Sale No: 27 of the Coonoor Tea Trade Association (CTTA) auctions to be held on Thurday ... More

Demand keeps tea prices a tad dearer at Coimbatore
Coimbatore, July 2 The total offering of tea at the weekly auction held here on Friday was marginally up at 6.78 lakh kg with leaf grades accounting for 2.50 lakh kg and dust comprising 4.28 lakh kg.There was good demand for the ... More

FOODGRAINS
Wheat prices may gain on cues from other grains
Increase in rates of barley, maize, bajra; higher freight costs More

COTTON
Tightening fundamentals to push global cotton prices higher
Production, stocks likely to decline by 1 million tonnes More

AGRICULTURAL POLICY
Govt set to decontrol sugar industry from October 1
Mills to be given free hand to sell without ‘release orders’ More

OUTLOOK
Enhanced oil recovery possible from existing oilfields: Expert
Mumbai, July 2 For the world deeply concerned over soaring crude prices with no upper limit in sight, a new study by renowned petroleum consultant Dr Rafael Sandrea should bring some hope. Dr Sandrea is the President of Oklahoma-based IPC ... More

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