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FINANCIAL EXPRESS FRONT PAGE

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Monday, March 29, 1999

Stock Update Forex Update

Maharashtra tax cut hits Gujarat bullion
Ahmedabad, the bullion city of Gujarat, is likely to lose some of it's market share in gold following Maharastra government's decision to slash sales tax on precious metals.

Ginger exports decline on lower crop arrivals this fiscal
Exports of ginger have dipped drastically in the current financial year as a result of a steep fall in arrivals. The ginger production has fallen by 40 % this year.

Wheat prices may spurt in Rajasthan
With the total area under wheat dropping by about three lakh hectares this year in Rajasthan due to low availability of water, marketmen expect a marked increase in the price of (wheat) compared to the previous year.


Inspirations furnishing fabrics


  Sensex to remain range-bound this week
  Call rates slip to 7.5 per cent as liquidity eases
  Commodity Briefing
  Shortage to put off cardamom auctions
  Centre to probe 13 anti-dumping cases -- Ministry
  NSDL chalks out measures to avert depository snags
  Frostbite for Brazil may mean stronger world coffee prices
  Drought conditions may hit tea production
  London robusta futures stage a smart recovery
  Commodity Briefing
  Palmolein imports improve oilseed supplies, hit vanaspati in Delhi
  Maharashtra's edible oil industry hails sales tax cut
  Copper up on strong buying support
  China corn sale unconfirmed,say exporters
  Argentine sunflower harvest 50% complete
  Are comexes geared up for oilseed futures?
  US soyameal demand low amid ample supplies
  Biotech to improve yield than terminate seeds
  Australian sugar loses markets, quality edge
  Cotton futures down in parallel trading
  PVC demand growth seen at 14% by 2002
  International oil cuts pushing up demand for Canada crude
  Commodity Briefing



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