The Hindu Business Line : Friday, July 18, 2008

WATER: Storage level in major reservoirs lower than last year
Situation alarming in Gujarat, Maharashtra, M.P.. Chennai, July 17 The reality of an erratic monsoon is sinking in. Nothing illustrates this better than the storage levels in the 81 major reservoirs. A consolation, though, is that the ...

SPICES & CONDIMENTS: Ginger exports fall short of targets
Ginger exports are causing concern to growers and exporters as the performance is short of volume and value ...

COMMODITY EXCHANGES: Nod for new commodity exchange

WATER: A paradox

SUGAR: HC stays auctioning of Bajaj unit’s properties
Chennai, July 17 The Allahabad High Court has stayed the proposed auctioning of the properties of Bajaj Hindusthan Ltd’s Kinauni mill in Meerut district of Uttar Pradesh. ...

CLIMATE & WEATHER: Rain surplus gets further eroded to 6%
Thiruvananthapuram, July 17 The cumulative seasonal (June 1-July 15) rain surplus has dwindled to six per cent as on Tuesday with a prolonged dry spell in the southern peninsula chipping away at the base. ...

COMMODITIES: Inflation rises marginally to 11.91%
New Delhi, July 17 The annual Wholesale Price Index-based inflation moved up to 11.91 per cent for the week ended July 5, with a slowdown in the primary articles inflation ensuring that the rise was only marginally higher than the 11.89 per ...

PULSES: Icrisat releases first cytoplasmic red gram hybrid variety
Hyderabad, July 16 Dr William D. Dar, Director-General of International Crops Research Institute for Semi-Arid Tropics (Icrisat), released the world’s first cytoplasmic male sterility (CMS) based pigeonpea (red gram) hybrid (ICPH 2671) ...

FERTILISERS: Ammonium sulphate, TSP subsidies notified
New Delhi, July 17 Indigenous ammonium sulphate has been brought under the subsidy (concession) scheme with effect from July 1. The notification to this effect has been made fixing the maximum retail price (MRP) of this fertiliser at Rs 10,350 ...

COMMODITY MARKETS: Coal market set to sizzle further
Mumbai, July 17 Coal prices that soared in 2008 could rise higher and stay at elevated levels due to ongoing structural shortages that could go on for a number of years. Developments on both demand and supply side are seen impacting the ...