Business Daily from THE HINDU group of publications
Friday, March 12, 2010
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Friday, March 12, 2010 ePaper | Mobile/PDA Version | Audio | Blogs |
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COMMODITIES: Fuel inflation surges; food prices soften The annual Wholesale Price Index-based food inflation dipped marginally to 17.81 per cent in end-February, even as fuel inflation shot up due to the hike in duties on petroleum products in ... WHEAT: Open e-sale of wheat likely to begin next week Traders foresee problems as market prices drop. Spot sale of wheat online or through electronic platforms is likely to begin next week with the Food Corporation of India (FCI) going ahead with its plans. To start with, the sales will be done on ... OILSEEDS & EDIBLE OIL: Changes in crude oil market affect vegoils High prices lifting crude oil supplies, slowing demand. The relationship between crude petroleum oil and vegetable oil via the biodiesel route is by now well established. Changes in the crude petroleum market fundamentals are sure to impact ... SUGAR: Sugar crushing almost over in AP Almost all the sugar factories in Andhra Pradesh have closed crushing for the season at least six weeks ahead of the normal closure date. The factories crushed 54.45 lakh tonnes in the season as against 59.92 lakh tonnes in the previous year. ... CLIMATE & WEATHER: Mercury seen up in next 3 days in eastern, central parts A gradual rise in maximum temperatures is being forecast over parts of north-west, central and east India during the next three days, an India Meteorological Department (IMD) outlook said ... SPICES & CONDIMENTS: Pepper futures fall on bull liquidation Pepper futures fell sharply on Thursday on bull liquidation under pressure from ... WHEAT: Wheat output lower in Gujarat The new wheat crop has arrived in the market with at least 50 per cent of harvest getting over in Gujarat. The news from the western State is that production is 60 per cent lower than last year. Gujarat, with an average production of ... AQUACULTURE: US ups dumping duty on shrimp The US has raised the average anti-dumping duty on Indian shrimp exports to 2.67 per cent up from 0.79 per cent. The increased follows the Fourth Administrative review by the ... RUBBER: Spot rubber prices surge to new record Spot rubber prices rose to a new record on Thursday. The market gained on supply concerns as traders and speculators remained extremely aggressive on sheet rubber. The grade flared up to Rs 146 from Rs 144.50 a kg on fresh buying and ... TEA: US importers buoy hopes of Nilgiris tea The recent visit of tea importers from the US and Canada has brightened up the possibility of increased shipments of Nilgiris teas to these destinations, reveals ... COMMODITY EXCHANGES: India Infoline arm gets SGX membership India Infoline has become the first India-based broker to get the Singapore Exchange ... Columnists: • G Chandrashekhar • Sharad Joshi Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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