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AGRI-BIZ & COMMODITIES

AGRICULTURE: Farm sector likely to grow at 4%, says Pawar
‘Growth of futures markets is lopsided’. Mumbai, Nov. 23 Despite many challenges such as shortage of fertiliser and delayed monsoon, the Government expects an agriculture growth of 4 per cent in 2008-09, similar to what it was ...

TECHNICAL ANALYSIS: Gold may test resistance levels
Gold futures, shot up on Friday as the dollar weakened, oil prices gained. The demand/ supply scenario favours higher gold prices. According to the World Gold Council, declining production due to power problems and higher cost of production and ...

COMMODITY MARKETS: Uncertainty dogs metals, energy markets
But gold continues to receive support; stays above $700 an ounce. The world financial market in general and commodity markets in particular are going through extremely uncertain times. The crisis of confidence is palpable. A big hit to global ...

OUTLOOK: Cane farmers in a better bargaining position
New Delhi, Nov. 23 Unlike cotton or soyabean farmers, sugarcane growers seem in a much better bargaining position this time ...

COMMODITIES: Sharp dip in market arrivals of cotton, soyabean
Farmers not reconciled to lower crop prices. New Delhi, Nov. 23 Farmers are seemingly yet to reconcile themselves to lower commodity prices in the aftermath of the global financial meltdown. This is apparent now especially in the case of ...

METALS: Zinc prices may continue to decline
Mumbai, Nov 23 The sharp fall in zinc prices may continue in the short term (two to three months) with no major demand forthcoming. Prices have already crashed 48 per cent from $1,700 a tonne three months back to $1,150 ...

SPICES & CONDIMENTS: Pepper prices up on good buying support
Kochi, Nov. 23 Pepper futures market, which has witnessed high volatility during the week, closed marginally higher at the weekend. November contract moved up by Rs 155 a quintal to close at Rs ...

COTTON: Govt not to lower cotton support price
‘No shortage in sugar availability’. Mumbai, Nov. 23 The Government has ruled out the downward revision of minimum support price (MSP) for ...

CLIMATE & WEATHER: Wet spell on as ‘low’ gets pushed by a day
Thiruvananthapuram, Nov. 23 A prevailing easterly wave helped sustain active northeast monsoon conditions over Tamil Nadu and parts of the southern peninsula even as the watch for a low-pressure in the Bay of Bengal area was ...

COTTON: Cotton ginners to go on 2-day strike over MSP hike
Mumbai, Nov. 23 Upset over the sharp hike in the minimum support price (MSP) for cotton that has rendered business uncompetitive, ginners across the country have decided to strike work for ...

OILSEEDS & EDIBLE OIL: Fresh arrivals
...

TEA: Quality teas witness good demand at Kolkata sale
Kolkata, Nov. 23 Last week, selected liquoring teas maintaining quality continued to meet with good demand and sold around last levels, according to tea ...

TEA: Tea prices decline at Coonoor sale
Coonoor, Nov. 23 The market generally declined by Rs 3 a kg at Sale No: 47 of the auctions of Coonoor Tea Trade Association (CTTA) on Friday when the year’s second highest volume of 15.5 lakh kgs was ...






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Markets (Nov 22)
Nifty (as on Nov 21)2693.45(+140.30)
US Dollar (Buy/Sell)50.02/03
Brent crude (a bbl) Rs2,373
Gold (a gram) Rs1,186
Silver (a kg) Rs17,220


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In Focus
Pravasi Bharatiya Divas, Singapore

More

Other Top Stories
Bonds rally on receding inflation, rise in bank deposits

Farm sector likely to grow at 4%, says Pawar

Ruia group cuts costs to get through slowdown

Slowdown: Customs agents feel the pinch

core i7: Intel to target colleges in India

Sharp dip in market arrivals of cotton, soyabean

Zinc prices may continue to decline

Looking back
Nov. 16-Nov. 22
GEAC clears limited field trials of GM corn

Financial turmoil pushes down cashew exports

USDA estimates 7.8 mt decline in global sugar output

Global slowdown may dampen tea exports



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