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Month: July 2022

About 100 agro-product companies under CBI scanner for bank fraud

Posted on July 31, 2022 By admin
About 100 agro-product companies under CBI scanner for bank fraud

Representative file image. | Photo Credit: Reuters About 100 companies dealing in agro-products came under the scanner of the Central Bureau of Investigation (CBI) over the past five years on the charge of cheating banks of loans running into thousands of crores of rupees. This year, so far, more than two dozen firms trading in…

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Business

Nereguli paddy: Standing strong and tall in flood-prone areas of Shivamogga

Posted on July 31, 2022 By admin
Nereguli paddy: Standing strong and tall in flood-prone areas of Shivamogga

July 31, 2022 09:03 pm | Updated August 06, 2022 05:01 pm IST – Kanale, Shivamogga The Nereguli paddy has been cultivated by generations of farmers in the area as the variety does not lose its quality even when the fields are inundated for 40 days. | Photo Credit: PRAKASH HASSAN Heavy downpour has left…

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Business

Sugar production to increase next season

Posted on July 22, 2022 By admin
Sugar production to increase next season

Area under sugarcane has increased 4% this year. This is expected to result in sugar production going up to 399.97 lakh tonnes (before diversion for ethanol) next season as against 394 lakh tonnes this sugar season, says ISMA. | Photo Credit: iprachenko Sugar production during the next season (October 2022 to September 2023) is expected…

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Business

Crypto lender Celsius defends Bitcoin mining plans as bankruptcy kicks off

Posted on July 19, 2022 By admin
Crypto lender Celsius defends Bitcoin mining plans as bankruptcy kicks off

FILE PHOTO: Celsius Network logo and representations of cryptocurrencies are seen in this illustration | Photo Credit: REUTERS Cryptocurrency lender Celsius Network said Bitcoin mining is key to the company’s restructuring efforts at a U.S. bankruptcy court hearing on Monday in Manhattan. (Sign up to our Technology newsletter, Today’s Cache, for insights on emerging themes…

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Business

Only 50% farmers benefited from farm loan waivers, finds study

Posted on July 17, 2022 By admin
Only 50% farmers benefited from farm loan waivers, finds study

Photo used for representation purpose only. File | Photo Credit: Ritu Raj Konwar Only about half of the intended beneficiaries of farm loan waivers announced by nine States since 2014, have actually received debt write-offs, as per a study by State Bank of India’s researchers. As of March 2022, the poorest implementation of farm loan…

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Business

Amit Shah asks cooperative banks to focus on extending more long-term financing to agri sector

Posted on July 16, 2022 By admin
Amit Shah asks cooperative banks to focus on extending more long-term financing to agri sector

Union Home Minister Amit Shah. File | Photo Credit: PTI i Cooperation Minister Amit Shah on Saturday urged Agricultural and Rural Development Banks (ARDBs) to extend more long-terms loans to the agriculture sector, including for irrigation projects and other infrastructure. Cooperative banks should focus on providing loans for increasing the irrigated land in the country,…

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Business

RSS farmer body Bharatiya Kisan Sangh slams Centre’s farm policies

Posted on July 6, 2022 By admin
RSS farmer body Bharatiya Kisan Sangh slams Centre’s farm policies

The Bharatiya Kisan Sangh urges the government to frame long-term export and import policies that are in the interests of farmers.  | Photo Credit: The Hindu Bharatiya Kisan Sangh (BKS), the Rashtriya Swayamsewak Sangh’s (RSS) farmers’ group, criticised the Centre’s export and import policies. The BKS urged the government to frame long-term export and import…

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