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AGRI-BIZ & COMMODITIES

OUTLOOK: Fertiliser subsidy may go up despite price decontrol
Post-decontrol DAP subsidy will rise by 59%. The move to decontrol prices of all non-urea fertilisers with effect from April 1, as part of the changeover to a nutrient-based subsidy (NBS) regime, is supposed to help lessen the Centre's ...

TECHNICAL ANALYSIS: Gold to test support levels
Comex gold futures fell toward $1,100 an ounce on Friday, pressured by a strong dollar, losing nearly 2 per cent after an interest rate hike in top gold consumer India, and profit-taking ahead of the weekend. News that India's central bank ...

COMMODITY MARKETS: Gold drops sharply; prices still vulnerable
After displaying firm trend for most part of last week, commodity prices came under selling pressure on Friday. Apprehensions over monetary tightening by two Asian majors – China and India – as also unresolved debt issue of ...

COMMODITIES: All talk, no action on farm front
The President, Ms Pratibha Patil, the Prime Minister, Dr Manmohan Singh, the Union Agriculture Minister, Mr Sharad Pawar, the Union Finance Minister, Mr Pranab Mukherjee, the Deputy Chairman of Planning Commission, Mr Montek Singh Ahluwalia, ...

FERTILISERS: Fixed nutrient subsidy improves importers' bargaining power
Has the Centre's decision to pay fertiliser companies a fixed unit subsidy on each nutrient improved the bargaining power of Indian importers by placing a virtual cap on ...

OILSEEDS & EDIBLE OIL: Coconut oil prices fluctuate on import of cheap palm oil
Erratic price movements in coconut oil spell trouble for millions of coconut farmers in ...

SPICES & CONDIMENTS: Pepper moves up on buying support
Pepper futures market, which was bearish for some time till early this week, appears to be in the hands of bull operators during ...

EVENTS: FCI needs to pump in huge investments, upgrade warehouses
At the recently held international wheat seminar, the role of Food Corporation of India (FCI) in managing grains came in for close scrutiny. Is the Government monolith playing a role that advances the multiple objectives of price ...

CLIMATE & WEATHER: Japanese scientists elevate La Nina to ‘fairly strong'
India would have good summer monsoon this year is the unambiguous forecast statement coming in latest from the Tokyo-based Research Institute for Global Change (RIGC). This is based on the premise that the current El Nino with major warming ...

HORTICULTURE/FRUITS & VEGETABLES: Remunerative crop
...

GOLD & SILVER: World Gold Council sees revival in demand in 2010
Buoyed by rise in consumer demand, the jewellery industry in India, is poised to surge in the next 6-12 months, according to the World ...

TEA: 43% of Coonoor tea offer withdrawn
As much as 43 per cent of the 13.67 lakh kg offered for Sale No: 11 of the auctions of Coonoor Tea Trade Association on Saturday was withdrawn for want of bids at the base price. This meant that at the prevailing prices, teas worth Rs 3.85 ...

TEA: Exporters active at Kochi tea sale
There was fair amount of export interest at the Kochi tea auction where wholesale and retail tea operators were also active. There were 10,62,500 kg of dust and 4,13,500 kg of leaf tea on offer. Good liquoring dust grades appreciated in ...


Columnists: G Chandrashekhar Sharad Joshi




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Markets (March 19)
Nifty (at close)5,262.80(+16.9)
US Dollar (Buy/Sell)45.4950/5050
Brent crude (a bbl) Rs3,664
Gold (a gram) Rs1,559
Silver (a kg) Rs27,850


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In Focus
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Mandate 2009

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Other Top Stories
Indian market is not yet ready for 3G: Uninor

Industry-specific uniform gas price under study

Fixed nutrient subsidy improves importers' bargaining power

All talk, no action on farm front

Bond yields retreat on technical correction

Looking back
Mar. 14-Mar. 20
Agri commodities futures not responsible for inflation: NCDEX

Summer showers kindle plantation sector hopes

Rabi oilseeds production increases 2.3%

Tea stocks set to gather steam

Alphonso yield likely to be sharply lower this year

Shell Foundation – creating new supply chains in the market



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