The Hindu Business Line : Monday, July 14, 2008

OUTLOOK: Bullish momentum may continue in gold
Metal may face resistance at $979; crude set to test $150. Chennai, July 13 Gold has its own charm. Not for nothing it is seen as a safe-haven investment. In the last couple of months, after it hit $1,000, the yellow metal has been keeping a ...

OUTLOOK: Wheat supplies predicted to surpass rise in consumption
Chennai, July 13 Global wheat prices are likely to average at $320 a tonne during the 2008-09 crop year (July-June) against $362 during 2007-08, according to Abare, Australia’s independent agricultural research and economics ...

TECHNICAL ANALYSIS: Gold to test resistance levels
Comex gold futures rallied sharply higher as the dollar slumped against the euro. Oil soared to a record high and equity markets floundered on renewed fears over the scope of the credit crisis. The precious metal extended gains as the dollar slid ...

FARM CREDIT: Kerala farm sector sees rise in credit flow
Thiruvananthapuram, July 13 There has been more than three-fold increase in the ground-level flow of credit to the agriculture sector in Kerala over the last five ...

ENVIRONMENT: Carbon credit to ride high on crude oil prices, China earthquake
Mumbai, July 13 Carbon credit or certified emission reduction (CER) prices are expected to trade on the higher side in NCDEX (National Commodities and Derivatives Exchange Ltd) and MCX (Multi Commodity Exchange) due to the steep rise in crude ...

CLIMATE & WEATHER: Rains may revive over Kerala coast this week
Thiruvananthapuram, July 13 Deliverance from the worsening moisture stress in the south handed down by a truant monsoon hinges on early signals of a revival along the southwest coast during the course of this week. ...

TEA: CTC leaf, dusts in demand at Kolkata auctions
Kolkata, July 13 Last week, good liquoring CTC leaf and dust varieties continued to sell well at the Kolkata auctions while others were irregularly lower following decline in quality, according to J Thomas & Company Pvt Ltd. ...

AQUACULTURE: Aquaculture expo to be held at Bhubaneswar
Kochi, July 12 IndAqua 2009 is scheduled to be held in Bhubaneswar on January 21-23 next year. The fourth event in the IndAqua series is expected to provide the right platform for traders to know about opportunities in aquaculture and build a ...

TEA: Leaf teas lose, dusts gain at Coonoor auctions
Coonoor, July 13 Leaf market slid by Rs 2 a kg, while dust market gained by Rs 2 with a huge volume of 15.40 lakh kgs, the highest in more than 30 months, was offered at Sale No: 28 of the auctions of the Coonoor Tea Trade Association (CTTA) ...

FOODGRAINS: Starvation threat looms as food, fuel prices shoot up
Bangalore, July 13 High food and fuel prices can push 4.8 per cent of the rural population and five per cent of the urban population to the brink of starvation. ...