The Hindu Business Line : Friday, May 22, 2009

AGRI-BIZ & COMMODITIES

COMMODITIES: Inflation rate rises to 0.61% on costlier food
Wholesale Price Index for all commodities at 232 points. New Delhi, May 21 The annual Wholesale Price Index-based inflation rose 0.61 per cent during the week to May 9, above the previous week’s annual rise of 0.48 per cent, Government ...

EXPORTS & IMPORTS: Rice exports: It is more of commercial transactions
PSUs are routing agents for Govt to monitor volume of shipments. New Delhi, May 21 On paper, it is a Government-to-Government deal entered mainly with a view to secure diplomatic goodwill. But in reality, it works out to any other commercial ...

CLIMATE & WEATHER: Monsoon onset window open for Kerala coast
Thiruvananthapuram, May 21 Conditions are becoming favourable for onset of southwest monsoon over Kerala during the next two to three days, an India Meteorological Department (IMD) update said on ...

FOODGRAINS: Agriculture agenda
The new UPA Government faces huge challenges in fiscal and monetary management, employment generation, boosting foreign trade, health and education, infrastructure development and a host of other critical issues that have to be dealt with a sense ...

SPICES & CONDIMENTS: Pepper futures move up on bull run
Kochi, May 21 The pepper futures market on Thursday hit the upper circuit during the course of trading on bull run and closed slightly below it at ...

SPICES & CONDIMENTS: Pepper futures market moves up on bull-run
Kochi, May 21 The pepper futures market on Thursday hit the upper circuit during the course of trading on bull-run and closed slightly below it at close. Firm underlying interest from overseas markets coupled with strong demand from ...

CASHEW: Efforts to set up cashew board hit roadblock
Row over merger of bodies for creation of the board. Some lobbies are reportedly hindering the setting up of a cashew development board (CDB) before the new Union Council of Ministers assume office, and they are alleged to have managed to make ...

WHEAT: Wheat futures resume; response good
Mumbai, May 21 Wheat futures on both NCDEX and MCX received a good response on day one of the re-launch on ...

RUBBER: Spot rubber prices improve on covering buys
Kottayam, May 21 The physical rubber prices showed a better trend on Thursday. According to observers, the market made a firm closing on covering purchases lacking quantity sellers in the main marketing centres. Sheet rubber closed at Rs 100 ...

RUBBER: Steps to promote low frequency rubber tapping
The Rubber Board is organising an intensive mass contact programme among small holders to popularise the technique of low frequency tapping in ...

Columnists: • G Chandrashekhar • Sharad Joshi

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Markets (May 21)

Nifty (at close)	4,210.90(-59.40)
US Dollar (Buy/Sell)	47.37/38
Brent crude (a bbl) Rs	2,851
Gold (a gram) Rs	1,345
Silver (a kg) Rs	23,510

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Looking back
May. 10-May. 16
Coffee exports turn bitter on slowdown

Tea will be costlier Rs 20 a kg from today