News from other websites on Monsoon
Storage position in key reservoirs better than last 10 years
May 25, 2013 at 00:22 | Source: The Hindu BusinessLine
New Delhi, May 24: The water storage position in Ganga, Narmada, Tapi, Mahi, Indus Sabarmati Godavari and Mahanadi and East flowing river basins is better than the average of the last 10 years, according to the Water Resources Ministry. The Central ...
Direct Taxes Code Bill in monsoon session, says Chidambaram
May 25, 2013 at 00:00 | Source: NDTV Profit
Mumbai: The Direct Taxes Code (DTC) Bill, which aims to overhaul the over 50-year-old I-T Act, is almost ready and will be taken up in the Monsoon session of Parliament, Finance Minister P Chidambaram said on Friday. "I am just writing the D...
Cotton planting picks up in N. India
May 24, 2013 at 21:42 | Source: The Hindu BusinessLine
New Delhi, May 24: Planting of cotton has picked up in Punjab and Haryana where farmers, so far, seem to have planted more area than the corresponding period last year. Punjab has reported higher cotton acreage of five lakh hectares despite a delaye...
Spot rubber slips on buyers resistance
May 24, 2013 at 21:42 | Source: The Hindu BusinessLine
Kottayam, May 24: Spot rubber declined on Friday. The market lost ground mainly on buyer resistance though traders seemed to be extremely cautious prior to the arrival of South-West monsoon. Sheet rubber weakened to Rs 170 a kg at Kottayam and Kochi...
Limited supply pushes up pepper
May 24, 2013 at 21:42 | Source: The Hindu BusinessLine
Kochi, May 24: Pepper prices continued to head north on Friday on demand amid limited supply.Exporters and agents of multinational companies with multi-origin operations were buying spot following rise in import cost due to weakening of the rupee ag...
Direct tax code to be introduced in monsoon session: Chidambaram
May 24, 2013 at 20:55 | Source: Business Today
Finance Minister P Chidambaram The Direct Taxes Code (DTC) Bill, which aims to overhaul the over 50-year-old I-T Act, is almost ready and will be taken up in the Monsoon session of Parliament, Finance Minister P Chidambaram said on Friday. "I am jus...
Greenko, Gamesa sign up for supply of wind turbines
May 24, 2013 at 20:22 | Source: The Hindu BusinessLine
Hyderabad, May 24: Renewable energy company Greenko has signed up with Spanish wind turbine company Gamesa for supply of turbines. It is on course to add 200 mw of additional wind power generation capacity by December to its existing overall capacit...
Will introduce direct tax code in parliament during monsoon session: P Chidambaram, Finance Minister
May 24, 2013 at 20:20 | Source: Economic Times
MUMBAI: Finance Minister P Chidambaram said on Friday he would introduce a bill for a direct tax code (DTC) during the monsoon session of parliament. The code, which will replace the existing Indian Income Tax Act 1961, is intended among other thing...
Chidambaram says he will introduce DTC in monsoon session
May 24, 2013 at 19:46 | Source: FirstPost
Mumbai: Finance Minister P Chidambaram said on Friday he would introduce a bill for a direct tax code (DTC) during the monsoon session of parliament.The code, which will replace the existing Indian Income Tax Act 1961, is intended among other things ...
Unrelenting heatwave claims 18 lives in Andhra Pradesh
May 24, 2013 at 16:15 | Source: FirstPost
Rising temperatures and extreme heat claimed 18 lives across Andhra Pradesh on Thursday.Even as so many people lost their lives because of the heatwave, the India Meteorological Department predicted two more days of extreme conditions in coastal Andh...
Doubled cotton seed sales help Kaveri Seed more than double profits
May 24, 2013 at 15:07 | Source: Economic Times
HYDERABAD: Hybrid seed manufacturer Kaveri Seed Company, where private equity firm IDFC holds 9% stake, saw its sales nearly doubling at Rs 711 crore for the year to March 2013 largely backed by doubling of cotton seed sales, while it saw net profit...
Can Sensex avoid the fate of its past FII-driven rallies?
May 24, 2013 at 14:32 | Source: Business Today
Mahesh NayakEvery time the Bombay Stock Exchange Sensex touches 20,000, the first question everyone asks is: 'Are we on a bull-run?' Off the record, market pundits acknowledge that currently we are indeed on a bull run, but they will not say so on r...
US predicts ‘extremely active’ hurricane season
May 24, 2013 at 12:20 | Source: The Hindu BusinessLine
Miami, May 24: The hurricane season that is set to start in the Atlantic on June 1 is expected to be “active or extremely active,” the US National Oceanic and Atmospheric Administration (NOAA) said on Thursday. There is a 70-per-cent cha...
May 24, 2013 at 08:37 | Source: DNA India
Environmentalists and ecologists have sounded an alarm as the water bodies are fast disappearing, thanks to land reclamation and the large-scale construction work in the city. Saying that the city will see more water logging and flooding in the days...
Changing food habits hold hope for poultry sector
May 24, 2013 at 03:22 | Source: The Hindu BusinessLine
Chennai, May 23: Buoyed by changing socio-economic conditions such as rising purchasing power and changing food habits, the country’s poultry sector is likely to continue its growth in the long term, rating agency ICRA has said. The Rs 47,000-...
Edible oil prices to remain subdued on ample global supply
May 24, 2013 at 03:22 | Source: The Hindu BusinessLine
Mumbai, May 23: Edible oil prices are likely to remain subdued on lower domestic demand and comfortable global supply. Since April, prices of major edible oils have been declining due to rising rabi crop arrivals and abundant supply of palm oil from...
Strong monsoon phase seen into first week of June
May 24, 2013 at 03:22 | Source: The Hindu BusinessLine
Thiruvananthapuram, May 23: All available indications point to a strong phase of South-West monsoon in the first week of June, after seasonal rains break over Kerala coast. This would be underwritten by a wet phase of Madden-Julian Oscillation (MJO)...
Sugar output may fall 6-8% this year: ICRA
May 24, 2013 at 03:22 | Source: The Hindu BusinessLine
Pune, May 23: Domestic sugar production in the current sugar year (October-September) will decline by 6-8 per cent to 24-24.5 million tonnes from 26 mt in 2011-12, mainly due to weak and delayed monsoon in key growing regions, according to rating ag...
Markets on a bull run: Will they beat history this time?
May 24, 2013 at 00:37 | Source: Business Today
Mahesh NayakEvery time the Bombay Stock Exchange Sensex touches 20,000, the first question everyone asks is: 'Are we on a bull-run?' Off the record, market pundits acknowledge that currently we are indeed on a bull run, but they will not say so on r...
Midcap stocks that can be bought in the current correction
May 23, 2013 at 14:31 | Source: Economic Times
MUMBAI: Indian equities have corrected sharply on concerns that the US may discontinue with quantitative easing. China's flash HSBC Purchasing Managers' Index for May, which fell to 49.6, for the first since October also led to a global sell-off. Rea...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
