Business Daily from THE HINDU group of publications
Monday, March 16, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Monday, March 16, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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EXPORTS & IMPORTS: Sugar imports, even at zero duty, unviable Centre’s bid to ensure retail prices do not cross Rs 25/kg. New Delhi, March 15 Sugar imports — both raws and whites even at zero duty — have become unviable in the present scenario where the Centre is going all out to ensure ... TECHNICAL ANALYSIS: Gold futures may test resistance levels Gold futures ended higher on speculation that recession will deepen, boosting the appeal of the precious metal as a store of value. Buying of physical gold to back ETFs has represented a major part of demand in recent months. Investment in ... COMMODITY MARKETS: Gold to be range-bound, crude poised to go up Yellow metal continues to take cue from equities market, investor interest. Mumbai, March 15 Demand side concerns continue to haunt the commodity markets even as hope finds expression from time to time. For instance, the Chinese Premier’s ... SUGAR: State agencies should import white sugar for PDS Mumbai, March 15 Sugar is turning a hot commodity. In a few short months, domestic prices have galloped from around Rs 1,500-1,600 a quintal to over Rs 2,100 a quintal. Retail prices are higher at Rs 24-25 ... SPICES & CONDIMENTS: Downward swing continues in pepper futures Kochi, March 15 Pepper market continued to witness a declining trend during the week on reports that it is easier in other origins mainly Vietnam, which is harvesting its new crop. Availability in Vietnam is said to be comparatively more on ... TECHNICAL ANALYSIS: Cotton resistance seen in 43-45 cents zone Cotton futures ended marginally lower on Friday in a volatile range. Fibre contracts are expected to look towards the equity and energy markets for future direction now. The much-awaited monthly USDA supply/demand report turned out to be ... CLIMATE & WEATHER: Showers bring down mercury in Maharashtra Thiruvananthapuram, March 15 Ongoing thundershower activity over parts of Maharashtra has brought down maximum temperature level by 2 to 4 deg Celsius below normal even as Northwest and west India saw mercury staying at elevated levels ... SUGAR: Sugar output seen below 160 lakh tonnes The latest State-wise estimates suggest that the country’s sugar production in the current 2008-09 season (October-September) will not touch even 160 lakh tonnes (lt), compared to the previous year’s ... AQUACULTURE: Syndicate Bank, MPEDA to join hands to promote tuna fishery Offering easy bank loans, quality equipment. Kochi, March 15 In a bid to bolster the tuna catch from the coastal and deep sea waters of the country, Syndicate Bank plans to join hands with the Marine Products Export Development Authority (MPEDA) ... COIR: Coir Board chief to head team for Chile Kochi, March 15 The Coir Board Chairman, Mr V.S. Vijayaraghavan, is heading a 13-member trade delegation, including 11 coir exporters drawn from Kerala and Tamil Nadu, to a four-day exhibition entitled ‘India Show’, beginning in ... COMMODITY EXCHANGES: Farm credit in Kerala records rise The outstanding advances to the agriculture sector in Kerala has increased by Rs 710 crore during the first half of the current ... TEA: Hittakkal group CTC leaf fetches record price Coonoor, March 15 The second instalment of speciality tea from Hittakkal group, which won the Golden Leaf Awards during the 2009 India International Tea Convention, created a new price-record at Sale No: 11 of the Coonoor Tea Trade ... Columnists: • G Chandrashekhar • Sharad Joshi Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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