Rajesh Ravi

Indian Commodity Exchange (ICEX) to launch pepper and cardamom contracts soon

Prasad believes that the new provision could be a game changer and help in the growth of the commodity market.

Markets News

Ginger market to firm up despite low output

Good returns from ginger in past few years due to robust demand prompted Kerala farmers to lease more land for ginger in Karnataka.

Markets News

Online food delivery services: Kerala eateries slam food apps, to have ‘alternative plan’

Online food delivery services such as Uber Eats, Zomato and Swiggy are in for a tough time in Kerala, with the Kerala Hotels and Restaurants' Association (KHRA), the apex body of hotels in the state, deciding to take on the o

Industry News

Seafood exports likely to remain flat: Report

India is the second largest fish producer in the world after China and accounts for nearly 6% of global fish production.

Commodities News

Alternative Investment funds based on Islamic banking tenets yet to take off in India

Almost nine years after the launch of the first Sharia-compliant investment fund in India, the alternative investment funds based on the tenets of the Islamic banking are yet to take off in the country.

Banking & Finance News

Pepper prices likely to firm up by 2020: Hoang Thi Lien, International Pepper Community, Jakarta

Pepper prices are likely to firm up only by 2020 when demand catches up with the supply, Hoang Thi Lien, executive director, International Pepper Community, Jakarta said here on Wednesday.

Markets News

Kerala plantations may take 5 years to recover from losses due to rains

The unprecedented monsoon and subsequent flood have caused widespread damages to the plantation sector and it may take the state more than five years to recoup the loss, Association of Planters of Kerala (APK), the apex body

plantation kerala, agricylture sector, agriculture industry News

Rising Indian Ocean temperature puts habitation at risk: Experts

The Indian Ocean is seen warming up fast due to global warming, and this is likely to pose a severe threat to habitation of species, marine experts said on Thursday.

ocean, indian ocean News

Pepper prices touched 10-year-low

India is the largest consumer of pepper in the world and the second-largest producer after Vietnam.

Commodities News

Indian shrimp exports to US likely to grow 15%

India was the largest exporter of frozen shrimp to the US in 2017 with 32% share after some south Asian producers like Thailand suffered due to diseases in fish farms.

Commodities News

Jeera to trade lower on good stocks, lower export demand

Jeera is estimated to trade lower in October due to good stocks and lower export demand. Arrivals are seen higher year-on-year with last season production higher than normal.

Commodities News

Kerala tourism sector pegs loss due to floods at Rs 2k crore

Kerala tourism lost Rs 2,000 crore in the recent floods with damages due to cancellation of bookings during August-October pegged at Rs 1,500 crore,officials of the Kerala Travel Mart (KTM) Society said on Tuesday.

kerala rourism, tourism, kerala News

Cardamom prices up on supply woes

Supply constraints, which have pushed down the cardamom arrivals by 20-25%, are likely to keep the market high, traders said.

Commodities News

Kerala cashew exporters seek fresh working capital

Distressed cashew exporters from Kerala have petitioned the central government to stop all recovery proceedings and help with fresh working capital.

Industry News

Kerala set to see sharp decrease in tourist arrivals in Q2 due to floods

Kerala is likely to see a sharp fall in both foreign and domestic inbound tourists in the second quarter of the fiscal, with famous destinations like Munnar and Wayanad ravaged by flood waters.

Economy News

‘Kerala flooding seen only thrice in 150 years’

Flooding in Kerala was due to an extreme weather event seen only thrice in the last 150 years, Joseph PV, former director of India Meteorological Department (IMD), said.

India News

Tea output may fall by 40%

Tea production and transportation from Kerala is estimated to come down significantly due to rains and infrastructure damages.

tea plant, tea plantation News

Kerala plantations suffer Rs 700-crore damage from torrential rains

Plantation in Kerala is reeling under the havoc caused by heavy rains since the start of monsoon season.

Commodities News

Eased cabotage law helps raise transshipment from Indian ports: Secretary

Relaxation of the cabotage law has helped increase transshipment from Indian ports, and by the end of the year, 10% of Indian cargo transshipped abroad would be pulled back to Indian ports, shipping secretary Gopal Krishna sa

cabotage, Indian ports, transshipment, Gopal Krishna, shipping ministry, coastal and inland shipping, shipping sector, economy News

Assam tea plantation workers’ wage hike may hit margins

Margins of bulk tea producers in the two largest tea producing states are estimated to come under pressure with the interim enhancement of wages, according to a report by ICRA.

Economy News

Good rains to boost turmeric production

Good rains in the turmeric producing areas, especially the traditional area of Erode, are likely to boost the production of the commodity this season.

Industry News

US duty hike unlikely to hit Indian shrimp exports: Icra

The hike in anti-dumping duty on Indian shrimp exports to US in the final review by the US Department of Commerce (USDoC) is unlikely to have a material impact on Indian exports, says rating agency ICRA.

shrimp, fish export News

Over-invoiced pepper causing harm to local industry: Traders

India is the largest consumer of pepper in the world and the second largest producer after Vietnam.

pepper, agriculture, vietnam News

Export demand, weak rupee to support tea market: Icra

Export demand for tea from Iran and weak rupee is likely to support the Indian tea market, says a report on Indian tea by rating agency Icra.

icra, tea plantation News

Stagnant supply to push India’s vegetable oil imports: Report

India is the world’s biggest vegetable oil importer and primarily imports palm oil from Indonesia and Malaysia. More than 70% of India’s edible oil demand is met from imports.

Industry News

Black tiger shrimps to help diversify seafood export basket

India will focus on aquaculture farming of black tiger shrimps in order to de-risk and diversify the seafood export basket, Marine Products Export Development Authority (MPEDA) chairman A Jayathilak said on Thursday.

Commodities News

Global palm oil output likely to drop after 2022, says Report

Global palm oil production is likely to drop after 2022 due to declining yield from old plantations and insufficient replanting activities in both Indonesia and Malaysia, according to a report by Rabobank.

Economy News
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