The Hindu Business Line : Monday, October 15, 2007

CLIMATE & WEATHER
Wet cover to stay over peninsula
Thiruvananthapuram, Oct 14 A maze of cyclonic circulations hang over the warm waters of the Bay of Bengal joined on the west by another over Lakshadweep-Maldives islands but the easterly wind regime has either lacked in speed or strayed. ... More

SUGAR
Clarification sought on ‘actual’ excise paid
Mills are seeking clarification on the eligibility for special bank loans towards payment of cane arrears being linked to the amount of excise duty “actually paid” by them on levy and free sale sugar during 2006-07.According ... More

TEA
Increased demand in N. Indian tea auctions
Last week, all three North Indian tea auction centres at Kolkata, Guwahati and Siliguri saw increases in demand for CTC teas and the prices were fully firm to dearer for all categories, according to J. Thomas & Company Pvt Ltd, tea ... More

TECHNICAL ANALYSIS
Bullish trend intact in Comex gold
Comex gold futures ended lower on Friday on profit-taking ahead of the weekend as the dollar firmed. A relatively stable dollar gave little impetus to buy the metal, and higher oil prices helped mitigate losses. As the dollar falls, ... More

Downward tweak likely in cotton
New York cotton futures ended higher on Friday on speculative buying. The demand supply data on cotton released by the USDA was seen negative, however, a strong corn and soyabean complex added strong support to close higher. The USDA raised ... More

METALS
Weak dollar, firm oil prices push gold to 28-year high
Rising production costs too contribute to higher average prices More

FOODGRAINS
Maize prices continue to slide
Coimbatore, Oct 14 With arrivals on the rise, the maize prices across markets came down further this week by Rs 200-250 a tonne or 3.4 per cent over the previous week’s price levels of Rs 6,700- 6,750.The average price this week ... More

SPICES & CONDIMENTS
Buying interest keeps pepper futures in forward run
Supply squeeze could push prices up in coming days More

AGRICULTURAL POLICY
Sugar package — a bonanza for Maharashtra?
UP, TN, Punjab, Haryana are obliged to pay higher State advised price More

EVENTS
‘Make farm sector globally competitive’
Indian agriculture should be conducted as a commercial enterprise with due importance to value addition, according to Mr Anil Kumar V. Epur, Director, VST Distribution Storage and Leasing Company Ltd.In his theme address on ... More

OUTLOOK
Gold may not top Rs 9,600 levels: Report
Chennai, Oct. 14 Gold futures in the domestic multi-commodity exchanges faces resistance at Rs 9,600 per 10 grams, while any fall in crude price could impart weakness to the yellow metal too.In a weekly outlook on precious metals, Kotak ... More

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Union Budget 2007-08

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Looking back
Oct. 7-Oct. 13
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