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Monday, September 08, 2008
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AGRI-BIZ & COMMODITIES

METALS: Firm trend in dollar hits gold; base metals slip
Mumbai, Sept 7 Commodity markets overall have become vulnerable in recent weeks in the wake of none-too-encouraging global macro-economic conditions. The latest OECD composite leading indicators have clearly signalled a serious slowdown in ...

COTTON: 27 m packets of Bt cotton seeds sold this season
Seed companies have sold around 27 million packets of Bt cotton hybrid seeds worth over Rs 2,000 crore during the current ...

TECHNICAL ANALYSIS: Bearish reversal seen in comex gold
Gold futures, ended lower as the dollar strengthened despite weak payroll numbers. The dollar gained against the euro even as reports showed the US unemployment rate rose to a five-year high last month and foreclosures in the second quarter ...

INSIGHT: Who benefits from the thrust on bio-fuels?
Today India is seen as a rapidly developing economy whose energy needs are growing as fast as its population. Responding to the global thrust on bio-fuels, the Indian government has promised a bagful of initiatives to encourage large-scale ...

TEA: Coonoor tea prices up on strong demand
Coonoor, Sept. 7 Following strong internal demand, prices rose to Rs 3 a kg on an average at Sale No 36 of the auctions of Coonoor Tea Trade Association (CTTA) on Friday when 11.6 lakh kg were offered. ...

SPICES & CONDIMENTS: Bearish trend continues in pepper prices
Kochi, Sept. 7 The recent trend in the pepper futures market shows that it is in the grip of bearish operators who, allegedly on the advice of the analysts of brokers, are pressurising the market to ...

TEA: CTCs witness good demand at Kolkata sale
Kolkata, Sept. 7 Last week, the CTC teas once again met with strong demand with selected fannings larger brokens and dusts tending dearer at times. The major blender was active and there was good support from Tata Tea and other packeteers. ...

CLIMATE & WEATHER: Rain deficit up as Bay throws up fresh ‘low’
Thiruvananthapuram, Sept 7 All-India rain deficit plumped to a new low of three per cent as on Friday (September 5) around the same time as a fresh band of unsettled weather draped the south peninsula. ...

OILSEEDS & EDIBLE OIL: Guar seed futures may decline
Mumbai, Sept 7 Guar seed futures, which have been on the rise, are likely to decline in the short term (three months) as the arrivals from the fresh crop hits the market beginning ...

AQUACULTURE: Awaiting turn


FERTILISERS: AP moves to tackle fertiliser shortage
Hyderabad, Sept. 7 The Andhra Pradesh Government is gearing up to tackle the shortage of fertilisers in the State and announced a host of measures to improve the supply chain. ...

COIR: Little joy for women in coir
For a sector that is second to agriculture as a source of employment in Kerala, especially for the State’s women, coir manufacturing certainly needs a fillip from the government. ...





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Markets (Sep 06)
Nifty (at close)4352.30(-95.45)
US Dollar (Buy/Sell)44.64/65
Brent crude (a bbl) Rs4,561
Gold (a gram) Rs1,089
Silver (a kg) Rs19,410


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