Right Computer for the Right Use
Last week, I got a call from a friend asking for advice on whether to buy a Sony Vaio P for his daughter who wanted to use it for fashion designing. I said NO! The requirements of a fashion designer are different even though this particular gadget is good. Our computing world is roughly divided into three categories: one, those who use desktop PCs; two, those who use a laptop or...
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  • Structural Change?

    Earnings surprise has changed the basic market complexion

    When price is the only tool to understand market movements, there are a lot of sceptics. But when price moves are backed by fundamentals, it is a different story altogether. The rally from  6th March initially seemed to be a correction to the steep decline in February. The global economy appeared in terrible shape. The intrepid...

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  • Monsoon, Edible Oil and Coffee


    Monsoon, the main source for irrigation for the country’s 235 million farmers, may be on the lower end of the forecast. Rainfall in the June-September season will be 93% of the long-period average of 89 centimetres (35 inches). Rain in July, the wettest month in the June-to-September monsoon season, was 98% of the long-period mean, or more than forecast. That wasn’t enough to make up for the 52% shortfall in June.

    Despite bearish prospects in the medium to long term, edible oils such as soya and palm have rallied over the past few days on cues from overseas exchanges. Price support came from Chinese demand and an increase in crude oil prices. Edible oils are diverted for making bio diesel when the price of crude goes up.

    India exported over 20% less coffee so far this calender year at about 1.18 lakh tonnes, compared to 1.48 lakh tonnes last year. Export orders suffered due to higher prices of the Indian coffee, compared with that of Vietnam, Brazil and the US. Indian coffee is quoting 10-15% higher than that of Vietnam and the US in the global market. Export of instant coffee fell to 17,646 tonnes from 23,751 tonnes in the previous year.

     

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