| Third quarter gold demand halves | 20-NOV-09 |
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| India’s gold demand fell 49 per cent in the third quarter of the current calendar year due to high prices and a poor monsoon that hit consumer spending. |
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| Bhupesh Bhandari: The reign of rural retail | 19-NOV-09 |
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| Monsoon rains have been 23 per cent deficient this year. As the news from the Met office worsened week after week right through June, July and August, marketers became a worried lot. Urban markets had turned soft well over a year ago. The financial meltdown and fears of joblessness made it worse. But rural markets had held steady. The farm loan waiver, National Rural Employment Guarantee Scheme and increases in support prices of major crops in the run-up to the general elections ensured adequate money in the hands of rural customers. |
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| Cotton yield hits 4-yr low, dips 5.45% | 14-NOV-09 |
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| The country’s cotton yield has hit a four-year low in the current season, as the delayed monsoon disrupted sowing earlier. This is for the consecutive year that the country’s cotton output is estimated to slip below 30 million bales (1 bale = 170 kg). The cotton season starts from October and ends in September. |
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| Govt targets additional 8.5 MT foodgrain output | 04-NOV-09 |
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| The government targets additional production of 8.5 million tonnes of foodgrain and 1.5 million tonnes of oilseeds in the rabi season this year to compensate for the loss of farm output in the summer season, Agriculture Minister Sharad Pawar said today. |
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| Late monsoon | 04-NOV-09 |
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| Vodafone India: First Spain, then Turkey, now India. The subcontinent is the mobile operator’s latest problem area. Vodafone faces a price war, a $2 billion tax claim, and the exercise of a put option by local partner, the Essar Group. The extra costs of the 2007 deal which bought Vodafone the “crown jewel” of its global portfolio are now emerging. |
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| Not chasing the monsoon | 25-OCT-09 |
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| The proposed move by the India Meteorological Department (IMD) to issue only monthly rainfall predictions, instead of the long-range monsoon forecast for the entire four-month (June to September) monsoon season, will disappoint many monsoon watchers, even though it makes sense for several reasons. Given the track record of seasonal monsoon projections, despite the growing sophistication of the data collection and data processing technology, not offering a misleading forecast may be a good idea. |
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| Farming with mobile phones | 22-OCT-09 |
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| For long, they have brought good news about friends and family, but now they will tell farmers when to sow their crops and what fertilisers to use. |
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| Chilli arrivals will be delayed by a month | 21-OCT-09 |
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| Chilli arrivals will be late by a month this season as sowing was delayed due to drought and floods in large parts of the country, Brokerage firm Karvy Comtrade said. |
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| Withdrawing monsoon takes heavy toll, kills 130 people | 04-OCT-09 |
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| The withdrawal of the south-west monsoon has created havoc in parts of Andhra Pradesh, Karnataka, Maharashtra and Goa with more than 130 deaths being reported over the last three days. Large areas of these states have been cut off from the main cities, as the two major rivers, Krishna and Godavari, and other smaller rivers are flowing above the flood-line for almost 24 hours now. |
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Content Guide
