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Category: Business

Business

India imposes 20% export duty on non-Basmati rice

Posted on September 8, 2022 By admin
India imposes 20% export duty on non-Basmati rice

According to a notification by the Revenue Department, an export duty of 20% has been imposed on ‘rice in husk (paddy or rough)‘ and ‘husked (brown) rice’. | Photo Credit: Sandeep Saxena The Centre on Thursday imposed an export duty of 20% on rice, brown rice, and semi-milled as well as wholly milled rice except…

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Business

Paddy cultivation sees decline – The Hindu

Posted on September 2, 2022 By admin
Paddy cultivation sees decline – The Hindu

As of now, paddy has been cultivated in 383.99 lakh hectares of area and in the corresponding period of 2021 it was 406.89 lakh hectares. File  | Photo Credit: The Hindu The trend of decrease in paddy sowing has continued even as the monsoon season in northern India is in its last legs. According to…

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Business

Fertilizer scarcity may hamper crop cycle, cautions scientist

Posted on September 2, 2022 By admin
Fertilizer scarcity may hamper crop cycle, cautions scientist

South Asian countries may see fertilizers scarcity in the next crop cycle as a result of the conflict situation in Ukraine and Russia, cautioned Bram Govaerts, Director General of International Maize and Wheat Improvement Centre (CIMMYT) and the Borlaug Institute for South Asia (BISA). Dr. Govaerts, who is here to address a two-day high-level conference…

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Business

India limits wheat flour export to curb price rise

Posted on August 25, 2022 By admin
India limits wheat flour export to curb price rise

A worker arranges sacks of wheat flour inside a factory in Siliguri. | Photo Credit: Reuters The Central government has decided to restrict the export of wheat flour in order to curb the rising prices of the commodity and ensure food security of the most vulnerable sections of the society. The decision was taken by…

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Business

Centre projects record production of rice

Posted on August 17, 2022 By admin
Centre projects record production of rice

While the estimate of foodgrains production is 315.72 million tonnes, the production of rice is expected at 130.29 million tonnes. File | Photo Credit: The Hindu The Union Agriculture Ministry released on August 17 the fourth advance estimates of production of major agricultural crops for 2021-22. The Ministry said the production of foodgrains in the…

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Business

When Kashmiri kehwa sells out in Canada

Posted on August 5, 2022 By admin
When Kashmiri kehwa sells out in Canada

It all began with a shelf. At Matamaal, a Delhi-based restaurant giving the capital a taste of Kashmiri Pandit cuisine, Hans Sadhu remembers one rack — “It used to be reserved for all our spices regularly brought over from Kashmir. It garnered a lot of attention, and diners would ask about it all the time,”…

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Business

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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