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AGRI-BIZ & COMMODITIES

TECHNICAL ANALYSIS: Comex gold futures may rise
Gold futures, ended lower on Friday as fears of a financial meltdown receded. Firmer equities and news that the US was working on a programme to subsidise mortgages for homeowners before they fall into loan arrears also hit gold market ...

GOLD & SILVER: Gold on a bull run
Increase in demand for physical gold among investors. Mumbai, Feb 15 Commodity markets continue to remain volatile with players groping for direction. In recent weeks, across commodities, investor risk appetite has remained spasmodic. This has ...

SUGAR: Centre in a quandary over sugarcane SMP
Pawar worried over impact of CACP move on Maharashtra mills. With dwindling supplies of sugarcane leading to premature closure of many mills, the Centre is under growing pressure to announce a significant jump in the statutory minimum price ...

SPICES & CONDIMENTS: Downtrend continues in pepper futures
Kochi, Feb 15 Pepper futures market continued its fall during the week on liquidation of validity expired stocks by the investors, at a discount of Rs 300-350 a quintal below the February price. They were liquidating anticipating that the ...

TECHNICAL ANALYSIS: Bearish reversal seen in NY cotton
Cotton futures ended lower Friday on speculative selling ahead of a holiday weekend. The US growers will plant 8.107 million acres of cotton this year, the smallest total since 1983, with land shifting toward soyabeans in the South, the ...

PLANTATIONS: Aroma profile map of Indian vanilla on cards
Mangalore, Feb. 15 The brand ‘Indian vanilla’ is all set to position its identity in the global market with aroma profile map being prepared for this purpose. The Vanilla Growers’ Association of India, which has sent samples ...

CLIMATE & WEATHER: North-West bracing for dry phase as rains lift
Thiruvananthapuram, Feb 15 Weather-making western disturbances bound for northwest India are set to take a break with an ‘exchange of guard’ across the border by semi-permanent parent weather systems. A resident trough ...

TAXATION: Agri traders oppose proposal to levy market committee cess
Madurai, Feb. 15 Traders dealing in agricultural commodities are agitated over the announcement by the Department of Agricultural Marketing and Agri-business proposing to levy market committee cess on ...

FARM CREDIT: Incentive-based approach to agri credit disbursal urged
Mangalore, Feb. 15 There is a need for incentive-based approach with regard to disbursal of agricultural credit in the country, according to Mr Ananthakrishna, Chairman and Chief Executive Officer of Karnataka Bank ...

SEEDS: Rasi Seeds sets up Rs 10-cr breeding lab
Coimbatore, Feb. 15 Seed producing major Rasi Seeds has established a Biotech and Breeding Laboratory on an investment of Rs 10 crore. Rasi Seeds Chairman, Mr Ramasami, said: “The laboratory would help augment food production in ...

TEA: Curzon sets new record at Coonoor tea sale
Coonoor, Feb. 15 Curzon Nilgiri Plantations created a new record at Sale No. 7 of the auctions of Coonoor Tea Trade Association (CTTA) on Friday when its orthodox dust grade BOPD fetched Rs 190 a kg. Kushal Tea Co, Coonoor, bought it for Rs ...

OILSEEDS & EDIBLE OIL: Soyabean processors asking for more export concessions
At a time when the country is seriously short of vegetable proteins to meet the health needs of burgeoning human and cattle population, there are attempts to extract concessions from the government to promote export of ...

Columnists: G Chandrashekhar Sharad Joshi




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Markets (Feb 14)
Nifty (at close on Feb 13)2,948.35(+55.30)
US Dollar (Buy/Sell)48.67/68
Brent crude (a bbl) Rs2,127
Gold (a gram) Rs1,368
Silver (a kg) Rs23,055


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Will investing in PSU stocks for dividends pay off?

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Feb. 8-Feb. 14
Stimulus package may boost copper prices

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