Business Daily from THE HINDU group of publications
Monday, January 19, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Monday, January 19, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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AGRI-BIZ & COMMODITIES OUTLOOK: Outlook bright for gold in long term Low physical demand, less money with investors keep yellow metal under leash. Gold, after being in the grip of bears for the most part of the week, recovered during the weekend. On Friday, it gained three per cent to close at $847.2 an ounce but ... : Gold may see bullish reversal Gold futures, ended higher on Friday as the dollar slid on lingering economic worries and signs of strengthening in investment demand as the recession deepens, boosting the appeal of the precious metal as an alternative investment. Investment ... EXPORTS & IMPORTS: Govt plans to check sugar exports via advance licence Millers may soon need Food Ministry’s approval. New Delhi, Jan. 18 Sugar millers fulfilling export obligations under the advance licence (AL) scheme may soon have to obtain the Food Ministry’s ‘release orders’ (RO) for ... RICE: Padding to the paddy fields Last week the paddy fields in Mangilikari, in the sleepy village of Kalliyoor near Vellayani, on the outskirts of Thiruvananthapuram, were swaying to the force of a new wind that may well sweep across the State’s agriculture ... SPICES & CONDIMENTS: Global cloves output likely to fall this year Short supply, good demand may push prices higher. Kochi, Jan. 18 If the reports from various quarters concerning the world cloves output and demand are to be believed, the total production in 2009 is expected to be lower, while there is also a ... COTTON: Cotton futures to consolidate, rise Cotton futures ended higher on Friday on speculative buying helped by trade buying as well ahead of a holiday weekend. The market will be closed on Monday for the Martin Luther King Jr holiday. With soyabean prices ruling firm due to weather woes ... SPICES & CONDIMENTS: Upward swing likely in pepper prices Squeeze in availability, good domestic demand. The pepper futures market remained bullish last week and a squeeze in its availability was almost evident in the world market from the prices remaining steady to firm at all ... COFFEE: Brazil sees 20% drop in 2009-10 coffee production Kochi, Jan. 18 The Brazilian authorities have estimated a 16-20 per cent drop in its coffee output for the crop year 2009-10, which begins in April. According to the estimate, the production is likely to be 36,897,000 bags against ... EVENTS: Kissan Mela to focus on organic cultivation Mangalore, Jan. 18 Theerthahalli taluk in Shimoga district will host the 29th annual Kissan Mela – being organised by the Shri Ksthera Dharmasthala Rural Development Project (SKDRDP) – from January 21 ... CLIMATE & WEATHER: Cold snap likely as westerly seeks to exit N-W Thiruvananthapuram, Jan. 18 The prevailing western disturbance over Jammu and Kashmir will continue to influence regional weather over the hills and plains of northwest India for another day before spending itself ... TEA: N. Indian tea auction sees decline in prices, quality Kolkata, Jan. 18 Last week, selected CTC liquoring teas maintaining quality were irregularly around last, while medium and plainer categories, as well as teas showing a decline in quality were lower, according to tea auctioneers. ...
TEA:
Volume continues to be low at Coonoor tea sale Columnists: • G Chandrashekhar • Sharad Joshi Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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