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AGRI-BIZ & COMMODITIES
WHEAT
Inadequate freight rakes hit wheat supply to flour mills
Due to the slow movement of wheat from the godowns in the northern parts of the country, the stock in the Karnataka godown of FCI has come down to a paltry 19,000 tonnes.
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TECHNICAL ANALYSIS
Cotton prices may vault higher
NYCE cotton futures had a soft close on Friday on speculative profit taking and a consolidation in progress. Market is keenly monitoring weather conditions and development of the US cotton crop, and the pace of development in other cotton growing ...
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PRECIOUS METALS
Gold makes gains on rate cut fears
A STRONG beginning for gold last week with prices firming over $350 an ounce as buying was prompted by a strengthening euro, a weakening US equity market and continued tension with North Korea. Helping a further upward movement of the yellow ...
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OUTLOOK
Plan panel sees big potential for bamboo — Proposes Rs 2,608-cr national mission
The size of the domestic bamboo economy as of now is Rs 2,043 crore, while the market potential is estimated at Rs 4,463 crore with a projected annual average growth rate of 15 to 20 per cent.
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