Business Daily from THE HINDU group of publications
Monday, August 18, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Monday, August 18, 2008 ePaper | Mobile/PDA Version | Audio |
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AGRI-BIZ & COMMODITIES OUTLOOK: Gold loses glitter; may decline further Bulls taken by surprise; investors exit to cut losses. Mumbai, Aug 17 Gold prices have seen a precipitous fall in the last few days and indeed in the last four weeks, taking most gold bulls by surprise. Speculators (euphemistically called ... METALS: Dollar’s rally fuels fall in base metals Currency factor plays key role in the price action. Mumbai, Aug 17 The metals market was the focus of attention last week. Among base metals, nickel rallied 3.3 per cent over the past week, lead fell by an astounding 14.8 per cent, while most ... AQUACULTURE: Seafood exports: Share of shrimps falls; frozen finfish records rise Kochi, Aug 17 An analysis of seafood export performance over the past five years shows that the predominance of shrimp in the country’s seafood export kitty is on a declining trend, while the share of frozen finfish is on a an upward ... TECHNICAL ANALYSIS: Gold to test support, rise higher Gold futures, which touched $1,033 an ounce for the first time in March, have plunged, and on Friday tumbled below $800 for the first time since late last year. In the dramatic sell-off, gold has slashed more than $100 off its prices since August ... SPICES & CONDIMENTS: Pepper demand to pick up next month globally Kochi, Aug 17 Demand for pepper in the world market is expected to pick up from next month once the buyers come back from the summer holidays. ... TECHNICAL ANALYSIS: Gold: Technicals suggest weakness Mumbai, Aug 17 Gold spot rates have collapsed in the last four weeks by over 15 per cent. Technical analysts assert there could be a probe ... TEA: Strong demand for CTCs in Kolkata sale Last week, CTC teas once again met with strong demand at firm to occasionally dearer rates, particularly for dust teas, in North Indian auction centres at Kolkata, Guwahati and Siliguri. The major blender was active while there was fair ... SUGAR: HC ruling on sugar mills case likely today Chennai, Aug. 17 The Allahabad High Court on Monday is likely to deliver its judgment on a petition filed by the Uttar Pradesh Government seeking dismissal of a petition filed by Bajaj Hindusthan Ltd and Basi Sugar Mills challenging the State ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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