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AGRI-BIZ & COMMODITIES

MINERALS: Australia not to supply uranium to India for now
BHP Billiton plans expanding capacity of Olympic Dam mine. Adelaide, March 8 Will BHP Billiton’s ambitious plans of more than quadrupling its uranium production capacity force the Australian Government to rethink its policy of not ...

TOBACCO: No huffing or puffing
A pilot project shows that technology can make tobacco auction a transparent process for farmers.. The forty-something Krishne Gowda, a tobacco grower of Mukanahalli in Hunsur taluk of Mysore district, is contented — his produce has ...

TECHNICAL ANALYSIS: Comex gold may test resistance levels
Gold futures, ended higher, as market participants got back into gold after in a flight to safety as equities declined. Participants were re-entering the market following payrolls data. The US non-farm payrolls fell 6,51,000 in February, ...

METALS: Gold may resume uptrend; crude, copper set to move up
Much depends on future data relating to economic growth. Mumbai, March 8 Economic data coming out of the US are far from reassuring. With the reported loss of over 6,50,000 jobs in February, unemployment has reached 8.1 per cent, the highest ...

SPICES & CONDIMENTS: Sharp fall in cloves output
Prices likely to go up in the coming months. Kochi, March 8 Sharp decline in domestic production of cloves this year and a similar situation in other origins would push up the prices of this spice in the coming ...

SPICES & CONDIMENTS: Indian pepper remains competitive
The continuous decline in the futures prices in recent weeks coupled with the sharp depreciation of the rupee against dollar has made Indian parity competitive in the international market and as a result, there was seen some sporadic ...

CLIMATE & WEATHER: Thundershowers for coastal TN from today
Thiruvananthapuram, March 8 The Regional Meteorological Centre, Chennai, has forecast isolated rain or thundershowers over coastal Tamil Nadu and Puducherry during the next 24 hours as a wave of summer showers pushes its way into the ...

COMMODITIES: Do castor oil, derivatives and raw cotton deserve sops under special export scheme?
In the last couple of weeks, the Government has added several items to the list of commodities eligible to receive a specified fiscal benefit under the Vishesh Krishi and Gram Udyog Yojana (VKGUY - Special Farm and Village ...


Columnists: G Chandrashekhar Sharad Joshi




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Markets (March 07)
Nifty (as on March 6)2,620.15(+43.45)
US Dollar (Buy/Sell)51.69/70
Brent crude (a bbl) Rs2,295
Gold (a gram) Rs1,416
Silver (a kg) Rs23,955


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