The Hindu Business Line : Monday, June 08, 2009

AGRI-BIZ & COMMODITIES

TECHNICAL ANALYSIS: Gold futures to test support levels
Gold futures, ended sharply lower on Friday as a monthly report showing the fewest US job losses since September boosted the dollar, and economic recovery hopes dented gold’s safe-haven appeal. Bullion was under heavy pressure as the ...

INSIGHT: Will agri-biz be a catalyst for economic take-off?
The post liberalisation era has witnessed a high degree of correlation between India’s GDP growth rate and developments in the agriculture sector. With nearly 67 per cent of the population and around 55 per cent of the total work ...

COMMODITY MARKETS: Sharp rise in crude prices; gold seen range-bound
Demand prospects seen improving. The global market sentiment continues to improve with the revival of growth ...

ENVIRONMENT: AP seeks environmental nod for irrigation, power projects
Weir downstream of Srisailam dam among proposals. Hyderabad, June 7 The Andhra Pradesh Government has urged the Central Government to accord early clearance for several of its pending irrigation and power ...

SPICES & CONDIMENTS: Tight supply continues in cloves markets
The cloves market world over continued to remain tight during the week, while in India, some importers have reportedly resorted to ...

OUTLOOK: JICA begins study on forest project in Sikkim
Gangtok, June 7 The largest contributor for forestry-related projects in India, Japan International Cooperation Agency (JICA), has embarked on a preparatory study of an estimated Rs 357 crore forest project in Sikkim ...

SPICES & CONDIMENTS: Pepper prices move up on tight supply, volatility in exchange rates
The pepper futures market continued to witness high volatility due to both bullish and bearish activities resulting in the prices oscillating. Prices were were marginally higher at the week end from that of the previous weekend ...

ALUMINIUM: Safeguard probe on aluminium waste, scraps imports
New Delhi, June 7 The country’s safeguard authority has initiated safeguard investigations on imports of unwrought aluminium, aluminium waste and aluminium scraps ...

CLIMATE & WEATHER: Monsoon advances into Goa, parts of Konkan
The monsoon advanced to more parts of central Arabian Sea, Karnataka, entire Goa and parts of Konkan, India Meteorological Department (IMD) on ...

DAIRY & DAIRY PRODUCTS: Making dairying a big business

With an estimated output of 104.8 million tonnes (mt) in 2007-08 and at an average farm-gate price of Rs 14-15 a kg, India produces roughly Rs 1,50,000 crore worth of milk ...

DAIRY & DAIRY PRODUCTS: ‘Emerging markets will be key drivers of liquid dairy products’
Kolkata, June 7 Global consumption of milk and other liquid dairy products is set to register a compounded annual growth rate (CAGR) of 2.2 per cent over the next three years and emerging markets such as India, Pakistan, China and West ...

OUTLOOK: Karnataka hopeful of Central aid for farm, food schemes
Bangalore, June 7 The Karnataka government hopes to cut its food and farm subsidies drastically in the current year, as the Centre proceeds with a fiscal ...

HORTICULTURE/FRUITS & VEGETABLES: Dearer stuff
...

HORTICULTURE/FRUITS & VEGETABLES: Mango mania
...

AQUACULTURE: Hopes of a good catch
...

TEA: Coonoor tea auction: 57% remain unsold
Coonoor, June 7 More tea was withdrawn than sold at Sale No: 23 of the auctions of Coonoor Tea Trade Association (CTTA) as demand was grossly inadequate to absorb the 15.36 lakh kg offered. This was the highest volume offered so far this year. ...

AGRICULTURAL INSTITUTIONS: ‘TNAU will focus on education, R&D’
Coimbatore, June 7 The Tamil Nadu Agricultural University (TNAU) will focus on education, research and extension activities, its Vice- Chancellor, Dr P. Murugesa ...

RESEARCH & DEVELOPMENT: Concern over lack of farm research outlay
Coimbatore, June 7 Scientists have expressed their disappointment over the lack of investment towards ...

TEA: Good demand for CTC leaf, dust in N. India tea sale
Last week, CTC leaf and dust teas in North India met with a good demand and sold at barely steady to lower rates, with some withdrawals, according to J. Thomas & Company Pvt Ltd, the tea auctioneers. There was a good deal of support ...

RICE: Kickstarting modernisation in rice industry
Although the growth rate of India’s agricultural sector, in general, and foodgrains output, in particular, has been modest in recent years, rice has performed relatively better with output growth varying between 1.7 and 3.3 per cent ...

Columnists: • G Chandrashekhar • Sharad Joshi

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Markets (June 5)

Nifty (at close)	4,586.90(+14.25)
US Dollar (Buy/Sell)	47.11/12
Brent crude (a bbl) Rs	3,208
Gold (a gram) Rs	1,384
Silver (a kg) Rs	25,395

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