Business Daily from THE HINDU group of publications
Monday, June 15, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Monday, June 15, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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EXPORTS & IMPORTS: Hike in gold customs duty can yield Rs 1,200-cr revenue The Finance Minister who is currently busy with preparatory work for the Union Budget scheduled to be presented to the parliament on July 3 is sure to find budget-making a tough exercise simply because his degrees of freedom in terms ... TECHNICAL ANALYSIS: Bullishness intact for Comex gold Gold futures, ended sharply lower on Friday prompted by a dollar recovery which resulted in a sell-off in the overall commodity complex. Investor confidences towards other asset classes are on the rise and as a result, bullion could loose ... RICE: Panel recommends Rs 950-980 a quintal as kharif paddy MSP Proposes freeze on cotton, soyabean support prices. New Delhi, June 14 The Commission for Agricultural Costs & Prices (CACP) has recommended a Rs 100 a quintal increase in the minimum support price (MSP) of paddy to be cultivated in the ... CLIMATE & WEATHER: Truant monsoon Today is June 15 and there is as yet no sign of a genuine break of the southwest monsoon which generally reaches the Kerala coast by June 1 and steadily progresses northwards. The June 10 advisory from India Meteorological Department ominously ... COMMODITY MARKETS: Gold tracks dollar, to range-bound; crude to remain firm There has been a smart rise in commodity prices virtually across the board in recent weeks. Market sentiment now is more optimistic than in the first quarter. Macroeconomic data are improving steadily and leading indicators have begun to ... TEA: Coonoor tea prices continue to fall on inadequate demand The declining trend in prices witnessed in the last few weeks continued this week also when prices dropped generally by Rs 3 a kg at Sale No: 24 of the auctions of Coonoor Tea Trade Association (CTTA). Demand was inadequate to absorb at high ... TECHNICAL ANALYSIS: Cotton futures likely to rise Cotton futures ended sharply lower on Friday on profit-taking and the option expiry in the spot contract dragged prices lower. The trend from here depends on what happens in the global stocks and crude markets and the next move in the ... CLIMATE & WEATHER: Key to monsoon revival now lies in Bay of Bengal Thiruvananthapuram, June 14 The monsoon has been stuck for exactly a week after it revived from the shock administered by Cyclone Aila, and is expected to stay as such for another three to four ... SPICES & CONDIMENTS: Campco plea to curb betel nut imports thru Mangalore port It appears to be inevitable to restrict import of betel nuts only through the Mangalore port so as to arrest fraudulent imports and smuggling, as they were depriving the growers of remunerative prices, according to ... INFORMATION TECHNOLOGY: TNAU launches online initiative to provide price information to growers Mumbai, June 14 The Tamil Nadu Agricultural University (TNAU), Coimbatore, has launched Dynamic Market Information (DMI) service that seeks to provide reliable daily market prices of a wide range of perishable horticultural crops (mainly ... SPICES & CONDIMENTS: Bullish trend keeps pepper prices firm The pepper futures market witnessed a high volatility during the week with the prices moving up in the mid-week and then dropping after that on both bullish and ... TEA: Decline in quality of CTCs in N. India tea sale Kolkata June 14 Last week, the CTC markets at North India saw an easing in levels following a decline in quality, according to J. Thomas & Company Pvt Ltd, the tea auctioneers. There was good support from western India buyers and ... Columnists: • G Chandrashekhar • Sharad Joshi Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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