Business Daily from THE HINDU group of publications
Monday, May 11, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Monday, May 11, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
|
|
|
|
|
COMMODITIES: Crude, base metals turn out star performers Increased investor inflows into exchange-traded commodities in April. Are investors beginning to take greater interest in commodities? It appears to be so going by increased investor inflows into exchange-traded commodities in April. There is ... EXPORTS & IMPORTS: A tale of two cereals Wheat and rice offer contrasting prospects for exports. New Delhi, May 10 Even as the Centre seems to be gradually releasing the brakes on rice and wheat shipments, the two cereals offer completely contrasting prospects ... GOLD & SILVER: NSEL to launch gold, silver contracts on May 18 Chennai, May 10 The National Spot Exchange Ltd (NSEL), a national-level spot electronic exchange, will launch gold and silver contracts in Chennai from May 18, while it will also start similar trading in wheat from Rajkot in Gujarat. It ... TECHNICAL ANALYSIS: Comex gold futures likely to rise Gold futures, ended lower on Friday on better economic sentiment amid news of a slowdown in the rate of US job losses prompted investors to take profits after a recent sharp rally. The US employers cut 5.39 lakh jobs last month, the fewest ... COTTON: Cotton futures may correct lower Cotton futures ended sharply higher on Friday at a fresh seven-month high on investment fund buying on the back of overall strength in the commodity complex. Fibre contracts may possibly consolidate ahead of the monthly US ... ALUMINIUM: Aluminium futures may gain in short term Mumbai, May 10 Aluminium futures in MCX may go up in the short term on the back of the recent cut back in production, however, in the long run the upside in prices will be limited due to slowdown in demand from automobile and real estate ... COFFEE: Coffee exports turn bitter on slowdown Kochi, May 10 Indian coffee exports continued to decline during the first four months of the current year mainly due to the financial crunch overseas, even as the world coffee exports showed an increase in the 2008-09 ... SPICES & CONDIMENTS: Are pepper futures a victim of market manipulation? The Indian pepper futures market during the week witnessed high volatility due to alleged market manipulations. The futures contracts fell by Rs 151 to Rs 436 a quintal during the week. As a result, the May contract dropped by Rs 402 to close ... CLIMATE & WEATHER: Monsoon current cranking up speed over Bay Thiruvananthapuram, May 10 The Inter Tropical Convergence Zone (ITCZ), the global band of low-pressure, has swung back to the equator and just to the north of it, in further build up to ushering in the southwest ... RICE: Restrictions on exports The Commerce Ministry’s decision permitting export of up to 10 lakh tonnes (lt) of rice to African countries through parastatals is subject to the shipments containing a minimum 25 per cent ... TEA: Tea prices turn hot at Coonoor sale South India’s highest prices for CTC teas from bought-leaf factories were recorded at Sale No: 19 of the auctions of Coonoor Tea Trade ... COMMODITY MARKETS: UBS acquires DJ-AIG Commodity Index The equities arm of UBS Investment Bank completed on May 6 the acquisition of the commodity index business of AIG Financial Products Corp, including AIGs rights to the Dow Jones-AIG Commodity ... COMMODITY EXCHANGES: Aries Agro signs pact with MCX Mumbai, May 10 Aries Agro Ltd, a specialty micronutrient company, has entered into a memorandum of understanding with Multi Commodity Exchange to promote its products among farmers through Gramin Suvidha Kendra (GSK) - a joint initiative ... Columnists: • G Chandrashekhar • Sharad Joshi Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
|
The Hindu Group:
Home | About Us | Copyright | Archives | Contacts | Subscription
Copyright © 2009, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line |
RSS Feeds