Fire at Bhiwandi warehousing complex, 30 people evacuated

The Hindu | December 07, 2017 A fire broke out in a plastic godown and spread to over 15 adjoining godowns at a warehousing complex in Bhiwandi on Wednesday morning.According to the Fire Brigade, the blaze erupted at around 10.15 a.m. at Sagar Complex in Ovali village, which has more than 16 warehouses… Source:

2017-12-07T10:29:21+00:00 December 7th, 2017|Uncategorized|

Cooking oils slip on weak cues

The Hindu Businessline | December 07, 2017 Edible oils market witnessed a bearish trend on Thursday tracking weak futures amid slack demand for ready. Malaysian palm oil, Chicago soya oil and NCDEX soya oil futures were down on expectation of bearish palm oil data to be released on Tuesday… Source:

2017-12-08T10:09:25+00:00 December 7th, 2017|Uncategorized|

Ethanol supply to touch record 113 cr litre in 2017-18: ISMA

Economic Times | December 07, 2017 Ethanol supply to oil marketing companies for blending with petrol will rise 71 per cent in 2017-18 season to touch record 113 crore litre, helping sugar mills to earn Rs 4,500 crore revenue, according to ISMA. Indian Sugar Mills Association (ISMA) said around 66 crore litre of ethanol was [...]

2017-12-08T10:08:27+00:00 December 7th, 2017|Uncategorized|

Post ‘infrastructure’ tag, logistics firmsset store by warehouses, container depots

The Hindu Businessline | November 30, 2017 Container depots with smaller areas can now access low-cost infrastructure funding following the recent notification expanding the list of infrastructure funds and likely availability of such funds, say companies in the logistics sector such as Allcargo Logistics and Embassy Industrial Parks... Source:

2017-12-04T11:31:46+00:00 November 30th, 2017|Uncategorized|

Rupee jumps 34 paise to 64.58/$

The Hindu Businessline | November 23, 2017 The rupee on Thursday staged a robust rebound and ended at a fresh three-week high of 64.58 a dollar, surging by a whopping 34 paise after FOMC minutes signalled shallow rate hike path. A massive slide in US dollar overseas forced banks and exporters to unwind their long [...]

2017-11-28T12:44:46+00:00 November 23rd, 2017|Uncategorized|

RCM: Ginners defer strike

The Hindu Businessline | November 23, 2017 Annoyed by the Centre’s decision to introduce reverse charge mechanism (RCM) under the Goods and Services Tax (GST), cotton ginning industry has softened its stand and deferred its strike till December 20. The issue of RCM and 0.1 per cent tax on export of cotton caused uncertainty among [...]

2017-11-28T12:39:42+00:00 November 23rd, 2017|Uncategorized|

Kochi port receives its first coastal steel consignment

The hindu | November 14, 2017 KOCHI: The Kochi port on Sunday received the first coastal consignment of steel from Rashtriya Ispat Nigam Limited (RINL). The arrival of the consignment is the result of efforts by the Union government under the ‘Sagarmala’ project to move cargo along coastal routes…

2017-11-20T11:16:54+00:00 November 14th, 2017|Uncategorized|

Maharashtra Agrarian Crisis Getting Worse-State Intervention Urged

Nagpurtoday| November 13, 2017 This year initially due to bad rain, subsequently pesticide spraying poisoning crisis, now There are alarming reports of sudden surge in pink bollworm and other pest attack on standing crops of cotton, soybean, paddy, pluses in dying field of Vidarbha and Marathwada. Initial estimates put the loss to state’s cotton economy [...]

2017-11-20T11:14:07+00:00 November 13th, 2017|Uncategorized|