Coal imports up 10% in September as power plants face fuel shortage

Economic Times |Oct 08,2017 Coal imports rose by 9.5 per cent to 18.33 million tonnes (MT) in September, after having registered year-on-year decline for five months in a row, as some power plants faced fuel shortages."Coal imports (all types) in September 2017 stood at 18.33 MT (provisional), against 16.73 MT in September 2016," according to [...]

2017-10-17T10:31:49+00:00 October 8th, 2017|Uncategorized|

Higher incomes, health concerns make sunflower oil flavour of season

The Hindu Businessline |Oct 05,2017 Driven by higher disposable incomes and increased health consciousness, edible oil consumers in India are increasingly turning towards sunflower oil, which has witnessed an increase in consumption by about five-fold rise over the past 15 years.Data compiled by the Solvent Extractors’ Association of India (SEA) noted a steady rise in [...]

2017-10-06T10:18:56+00:00 October 5th, 2017|Uncategorized|

IGC raises world Grains harvest to second largest on record

Commodity Online |Oct 03,2017 The International Grains Council (IGC) has raised its forecast for total grains production in 2017-18 to 2.069 billion tonnes, up from 2.049 billion tonnes in August, but down from 2.133 billion forecast for 2016-17.Total consumption was raised to 2.096 billion tonnes from 2.089 billion tonnes.“World total grains (Wheat and coarse grains) [...]

2017-10-05T17:05:40+00:00 October 3rd, 2017|Uncategorized|

Poor MSP growth led to farm distress, says Crisil

The Hindu Businessline |Oct 03,2017 Tepid growth in minimum support prices (MSP) of different agricultural products since the National Democratic Alliance (NDA) government took over was one of the major reasons for the current farm distress, according to an independent research report released on Tuesday.“While the average annual growth [fusion_builder_container hundred_percent="yes" overflow="visible"][fusion_builder_row][fusion_builder_column type="1_1" background_position="left top" [...]

2017-10-16T14:36:41+00:00 October 3rd, 2017|Uncategorized|

Cold storages licenses to be given to farmers: Manohar Lal Khattar

Economic Times |Oct 01,2017 KARNAL: Haryana Chief Minister Manohar Lal Khattar said today that his government was planning to like cold stores and warehouses with farming and their licenses will be issued to farmers.He also said that his government planned to develop 99 'mandis' in Haryana.This would lead to increasing the income of farmers and [...]

2017-10-05T16:56:39+00:00 October 1st, 2017|Uncategorized|

Keventers to enter Hyderabad

The Hindu Businessline |Sept 27,2017 Keventers, a dairy brand, has announced plans to expand its operations to Hyderabad. The first-ever Keventers outlet will come up at Forum Mall, which will be followed by launches in GVK One Mall, Inorbit Mall, Hyderabad Airport, Banjara Hills and Jubilee Hills… Source:

2017-10-04T12:21:05+00:00 September 27th, 2017|Uncategorized|

Sebi to allow MFs, PMS in commex derivatives soon

Economic Times|Sept 27,2017 Commodity derivatives markets (CDM) could see a deepening of participation within the next six months, with the regulator in advanced stages of permitting mutual funds and portfolio management service (PMS) providers to trade on the 14-year-old platform, Sebi ED SK Mohanty said on the sidelines of FICCI conference here on Tuesday… Source:

2017-10-04T12:19:35+00:00 September 27th, 2017|Uncategorized|

Storage charges making major ports less attractive to users

The Hindu Businessline |Sept 26,2017 Ports typically discourage users from storing cargo for extended periods to avoid congestion and to boost capacity. Yet this is an area where the major ports, or those owned by the Central government, are losing out to their private rivals located nearby in attracting cargo… Source:

2017-10-04T12:26:16+00:00 September 26th, 2017|Uncategorized|

‘Agri-Profit Can Increase Via Planning, Diversification’

The Hindu Businessline| Sept 25,2017 Farmers should diversify, go in for crop planning and shift to newer and better produce to maximise profit in agriculture, Indian Council for Agricultural Research (ICAR) Director General (DG) Trilochan Mohapatra has said.Mohapatra cited the case of farmers in Gujarat who had shown how better crop planning and diversification have [...]

2017-09-28T11:39:48+00:00 September 25th, 2017|Uncategorized|

Essar To Set Up 4 Small & Medium LNG Terminals

Economic Times|25 Sept,2017 Essar Ports BSE 0.15 % is looking to set up a cluster of small and medium sized terminals for handling liquefied natural gas on India’s west and east coasts to capitalise on the growing demand for the cleaner fuel. The company, part of the Essar Group, which has interests in ports and [...]

2017-09-25T11:05:53+00:00 September 25th, 2017|Uncategorized|