Category: Business

Business

Goyal asks FCI officers to turn whistleblowers to curb corruption

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Goyal asks FCI officers to turn whistleblowers to curb corruption

Union Minister of Consumer Affairs, Food and Public Distribution Piyush Goyal addresses virtually during the 60th Foundation Day celebration of the Food Corporation of India (FCI), in New Delhi on Sunday. Secretary, Department of Food and Public Distribution, Sanjeev Chopra, and CMD Food Corporation of India (FCI) Ashok k.k. Meena are also seen. | Photo…

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Business

Supreme Court questions Centre on GM mustard

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Supreme Court questions Centre on GM mustard

A farmer walks through a mustard field at a village on the outskirts of Amritsar. File | Photo Credit: PTI The Supreme Court on January 11 questioned the government on whether the Genetic Engineering Appraisal Committee (GEAC) had considered the reports of the court-appointed Technical Experts Committee (TEC) on the biosafety of transgenic mustard hybrid…

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Business

CM exhorts Godrej Agrovet to explore potential in real state, furniture and consumers goods sectors in Telangana

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CM exhorts Godrej Agrovet to explore potential in real state, furniture and consumers goods sectors in Telangana

Telangana Chief Minister A. Revanth Reddy and Industries Minister D Sridhar Babu with the delegation from Godrej Agrovet Company Limited led by the company’s managing director Balram Singh Yadav at Dr. B.R. Ambedkar Telangana State Secretariat, Hyderabad on January 9, 2024. | Photo Credit: By Arrangement Telangana Chief Minister A. Revanth Reddy has exhorted the…

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‘Very sweet’ variety gives fresh hope to Pineapple farmers in Kerala

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‘Very sweet’ variety gives fresh hope to Pineapple farmers in Kerala

It is estimated that there are more than 10,000 hectares under pineapple cultivation in Kerala. File photo Farmers are looking at the potential of a pineapple variety, which is yet to be named locally and touted as “very sweet”, suitable for mechanised processing and possibly with shelf life longer than the conventional Mauritius variety widely…

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High import duties; resisting pressure to open agricultural sector important to ensure India’s food security: GTRI

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High import duties; resisting pressure to open agricultural sector important to ensure India’s food security: GTRI

Maintaining high import duties on sensitive agricultural commodities like rice and resisting pressure to open up the domestic sector to low tariffs will be crucial for preserving India’s self-sufficiency and ensuring food security for its population, a report said on January 1. Economic think tank GTRI (Global Trade Research Initiative) in its report said that…

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Govt hopeful of ‘bountiful harvest’ amid food inflation headwinds

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Govt hopeful of ‘bountiful harvest’ amid food inflation headwinds

With India’s farm sector remaining resilient to erratic weather conditions, the government is hopeful of having bountiful food grain production even as it tries hard to keep a lid on food inflation ahead of general elections in 2024. From floods to droughts, extreme weather events this year have not only raised fears over foodgrain production…

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Centre hikes copra MSP by ₹250-300 hike per quintal for 2024 season

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Centre hikes copra MSP by ₹250-300 hike per quintal for 2024 season

Representational file image. | Photo Credit: Vibhu. H The Cabinet Committee on Economic Affairs (CCEA), which met here on Wednesday, has decided to increase the minimum support price (MSP) for copra. The new MSP for milling copra will be ₹ 11,160 per quintal — an increase of ₹300 per quintal than the 2023 season. The…

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India aims at $1 billion fresh banana exports in next 5 years

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India aims at billion fresh banana exports in next 5 years

Workers packing bananas for export at a packaging unit near Chinnamanur in Theni district, Tamil Nadu. | Photo Credit: KARTHIKEYAN G With successfully exporting a trial shipment of fresh bananas to the Netherlands through sea route, India is now aiming to increase exports of this fruit to $1 billion in the next five years, an…

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Business

Poor demand, bountiful output plunge kinnow price, leave farmers of Punjab in distress

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Poor demand, bountiful output plunge kinnow price, leave farmers of Punjab in distress

Poor demand, abundant production, and early plucking of the produce this winter have left growers of kinnow, a citrus mandarin fruit in Punjab, grappling for a fair price for their season’s harvest. Production of kinnow, a hybrid between King (Citrus Nobilis) and Willo Leaf (Citrus Deliciosa) mandarins, is likely to see a jump from last…

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