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Indronil Roychowdhury

Articles By Indronil Roychowdhury

220 Articles

Goodricke’s white tea fetches above Rs 27,000/kilo at Tea Board’s special auction

The auction price commanded a near 450% premium with the reserve price for the variety kept at Rs 6,000 a kg.

There are a whole lot of Indian connoisseurs, especially in eastern India, for such handcrafted delicate variety and this could be the reason the Kolkata and the Siliguri based bidders paid the highest price for the finest of varieties, Asthana said.

Jute MSP raised, prices in open market may be unremunerative next crop year

Production in the coming crop season is estimated to reach 90 lakh bales from around 55 lakh bales produced during the current crop season. The Centre has already fixed the MSP at Rs 4,500 a quintal for the coming crop season

Cost of cultivation has been around 20% higher at Rs 48,000 an acre for the coming crop season, and this coupled with a bumper production will hit prices at the farm gate, Lahoti said.

Pandemic actually enhanced our operational efficiencies: Shashi Kiran Shetty, founder & chairman of Allcargo Logistics

The pandemic actually enhanced our operational efficiencies and in the process we are realigning the management heads of our global operations spread across more than 70 countries.

Shashi Kiran Shetty, founder and chairman, Allcargo Logistics

Sustainable mining: Coal India Ltd off blocks in hunt for green energy

Having bagged a 100-MW solar project in Gujarat, the company aims to build a 3,000-MW portfolio as part of its agenda to turn carbon-neutral by 2024

The company worked out the backward and forward integration process – from producing solar photovoltaic modules to selling the generated power – before it threw its hat into solar bidding in Gujarat.

Low first flush yields may reduce availability of quality Darjeeling Tea

Darjeeling first flush plucking generally takes place between March and April though some pluck during February-end as well.

Drought hits Assam tea but all-India average auction prices up due to supply shortage

The year 2021 has been an unusual year so far for Assam as far as tea production is concerned. The crop deficit during January to May this year has been to the tune of 60 million kg compared to the same period in 2019.

The state has also fetched a higher price during the April auctions compared to the March auctions this year though garden activities have dwindled down as never before.

CIL’s plantation drive makes it near zero-emission company

CIL as a coal mining PSU is well in line with India’s overall targeted emission levels. Besides, its green initiatives coupled with environment friendly coal transportation would augur well with the country’s emission r

The country, in 2015, further raised its NDC to 33-35% below 2005 levels by 2030.

Centre forks out additional Rs 2,000 cr for jute bag procurement; mills fear may not meet target due to curbs on workforce

The second wave of Covid-19 has aggravated the situation, with the Centre ordering mills to run with 50% of the workforce.

This allocation is in addition to regular NFSA allocation and 79.39 LMT food grains have to be issued under the said scheme.

SAIL unable to despatch oxygen for want of tankers

Meanwhile, the country's coal producing PSU, Coal India Ltd (CIL), has plans afoot to set up two oxygen producing units likely in Mahanadi Coalfields Ltd and Northern Coalfields Ltd to exclusively meet with the country's medi

SAIL

Jute mill owners face capacity constraints to take export orders

Export orders from Europe, East & South East Asia, West Asia, Africa, South America, North America and the Caribbean Islands started increasing mostly during the last quarter of FY21.

“Such a situation has caused the millers and the jute commissioner to lock horns,” one mill owner said.

Commercial coal mining by private players won’t destablise Coal India: CIL chairman Pramod Agrawal

The just-concluded fiscal year was a challenging one for Coal India (CIL), with the company having to cope with demand decline and import substitution, even as it faced issues with coal quality.

coal india

GAIL wants full ownership of Bengal Gas; state govt not keen

BGCL plans to roll out 130 CNG stations and give piped gas connections to 12 lakh households in the next five years.

Asian spot LNG price is up 72% from low of $5.6/ million British thermal unit (mBtu) in early March to the current level of $9.65/mbtu as severe winter depleted gas inventories in North Asia and Europe leading to competition for LNG supplies.

Safety unawareness main hurdle in growth of PPE business: Ajay Kumar Mall, MD, Mallcom

Till 2008, we were a 100% exporting company but now 32% of our turnover comes from the domestic market. But of our 68% revenue from overseas, 65% comes from Europe.We are also fairly present in Chile, Peru, Bolivia and especi

These products cater to a range of industries like aerospace and aviation, agriculture, automobile and auto ancillary, bio technology, cement, chemical and the infrastructure sector as well.

Indian Railways connectivity gets big boost in poll-bound West Bengal; Check details

Completion of work on the North-South Metro corridor in Kolkata and inauguration of several railway projects will boost connectivity in the state

The inauguration of the 4.1-km Noapara-Dakhineswar stretch, a part of the Airport-Dakhineswar Metro project in Kolkata, happened after a delay of eight years.

CIL to get Rs 660 crore as net quality bonus this fiscal

During the first two months of the current fiscal’s fourth quarter, grade slippages declined further to 23% compared to 42% during the same period last fiscal.

But certain customers are still in a notion that the PSU miner bills for a higher grade of coal than they supply.

CIL to invest Rs 47,000 cr to enhance productivity

While a chunk of the investment earmarked will go in expanding the existing 24 projects, there will be fresh investments made in 8 new projects. All the 32 projects together will have a peak capacity to produce 496.5 MTPA.

coal india limited

Tea industry sees relief in increased budget for Tea Board schemes

The Indian Tea Association said that in addition to the existing National Health Mission the allocation of Rs 64,180 crore under the Pradhan Mantri Atma Nirbhar Swathya Bharat Yojana and the allocation aggregating Rs 59,000 c

Industry fears lower sugar output as more mills sign ethanol contracts with OMCs

But higher sugar export means higher water export, since sugarcane is a water-guzzling crop requiring around 3,000 litres of water for every kilogram of production, Alok Pandey, head of the sugar programme Solidaridad Network

The ISMA expects additional incentive this season above the Rs 6 per kg subsidy given last year for exports, as the Centre wants to give a boost to sugar exports.

L&T enters Bangladesh with mega value orders

L&T’s power transmission & distribution business would design, supply, instal, test and commission extra high voltage transmission lines on turnkey basis to cater to the power demand in emerging load centres and the greater

L&T

CIL lines up 26,000-crore investment to diversify, mitigate environmental hazard

The diversification would include creating a solar portfolio, setting up coal to liquid projects and surface coal gasification projects. Mechanising transportation and increasing the number of washeries would mitigate environ

It saved another Rs 126 crore bringing down miscellaneous expenses during the same period.

Financing commercial coal mining: Banks to look into multiple factors

Banks would look into factors like demand, prices and transport arrangements on which depended cash flows. Customers to whom supplies would be made and the contracts entered into would also matter as also the historical behav

banks, corporate governance, rbi policy, demonetisation, gst

Assam wants tea to go directly from gardens to globe, banks on six airports for agri exports

Assam chief minister Sarbananda Sonowal said the state having six airports, the highest in the country, was trying to take advantage of the cross-border markets, which could make it an export hub of agricultural produce.

India is the second largest tea producing country of the world and the crop is grown in states like Assam, West Bengal, Kerala among others.(Representative image)

CIL looking at import substitution as Indonesian coal prices soar

In the wake of the Indonesian government setting the November average free on board (FOB) coal prices at $55.71 per tonne, up 9.2% from October’s FOB value, CIL has started talking to importers to find if they could meet th

‘Size of real estate market will reach $1 trillion by 2030’ | INTERVIEW

"Problem of housing for common people is as acute as the other problems the country has been facing since Independence."

real estate, hoiusing, investment in real estate, national housing policy, GDP growth, Ketan Sengupta, Bengal Peerless Housing Develooment

Non-basmati rice export to Bangladesh may result in higher paddy prices

Bangladesh has issued tenders for importing non-basmati rice, which is likely to bail out West Bengal from an abundant situation.

non-basmati rice export, exports to bangladesh, rabi season, rabi crops, MSP of rice, indian rice export, paddy prices

High coal prices a dampener for gencos

Steep freight rates charged by railways and a host of taxes and levies on coal are adding to the problems faced by the sector

High-priced Punjab seeds push potato production costs in West Bengal

Seeds from Punjab were required as Bengal's production were low at 8.5 million tonne last year, against the capacity to produce 11.5 MT from 4.6 lakh hectare.

Potato prices, which have been hovering between Rs 4,000 and Rs 5,000 per quintal across the country for quite some time, have already started softening.
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