Rajesh Ravi

Ginger goes ‘north’ over shortage in supply

Aiyaz said the global market also supported a firmer market, with market in China seen higher by 40 % due to more rainfall and poor quality of ginger.

Ginger, Ginger price, shortage in supply, ginger shortage, farmers holding, commodities News

Smart city Kochi: Township with state-of-the-art infrastructure to unveil IT space soon; check date, key details

SmartCity Kochi would adhere to international sustainability standards, protecting the environment even as its inhabitants are provided comfortable, healthy and productive spaces for work and leisure.

Smart city, Smart city kochi, township, state-of-the-art infra, IT space, special economic zone, infrastructure news

Tea exports likely to increase despite global trade tensions

India is the world’s second-largest producer of tea and accounts for 23-26% of the global tea production.

tea, tea export News

Federal Bank hopes to start doubling business every 3.5-4 years

FY19 turned out to be a good year with sequentially each quarter better than the previous, and of course Q4 turned out to be the best quarter.

Markets News

KDHP bets big on ‘Ripple Tea Chai Bazaar’ to improve margins

KDHP produces 25 million kgs of teas annually and only 7.5% of it is sold in the branded retail market while the rest is auctioned in the bulk format.

Kochi, Kanan Devan tea, KDHP, Ripple Tea Chai Bazar, Tata Global Beverages, Kerala tea, premium tea News

Hurun India Art List: Anish Kapoor tops the 2019 list with total sale at Rs 168 crore

While West Bengal is the origin of majority of the artists on the list, New Delhi is undeniably the most preferred city to pursue their careers

Anish Kapoor tops the 2019 list with total sale at Rs 168 crore (Twitter image) News

Agriculture prices to fall 2.6% this year, says World Bank

Says estimated to rebound in 2020 due to lower crop production and higher costs for energy and fertilisers

Agriculture prices, World Bank, food prices,  commodity prices, Global consumption, USDA, Global output  News

Ginger output likely to be higher in 2019-20

Wayanad and surrounding areas in Kerala, which accounted for bulk crop in the 90s, have seen ginger farming coming down rapidly due to labour shortage and higher input cost.

ginger, ginger production, agriculture sector, agriculture industry News

El Nino effect! Monsoon rains expected to get delayed

Joseph cites historical data where the occurrence of El Nino causes delay in the northward movement of (Inter Tropical Convergence Zone) ITCZ and in the occurrence of Pre Monsoon Rain Peak (PMRP), which consequently leads to

India News

Distressed farmers in Wayanad are pinning hope on Rahul Gandhi

Joseph Ottaplackal, secretary of the Church-led farmers' organisation INFAM told FE that the situation in Wayanad is bad and small farmers are finding it hard to survive.

Elections News

Jeera prices rally on back of robust domestic, export demand

Angel also added export of jeera is up 20.8% year-on-year in January at 9,429 tonne, against 7,800 tonne last year, while for April-January, exports rose 24.75% to 1.46 lakh tonne , compared to last year.

Commodities News

Cardamom prices rally on supply crunch, cross Rs 1,500/kg

Traders expect the market to rally further with reports that the higher day time temperature and absence of summer rains could lead to damage of the crop.

Cardamom prices, Spices Board, CPMC, Kerala News

Shrimp exports to US rise 15.6% in 2018, India’s aquaculture output may touch a record 7 lakh tonne

US imported 695,723 tonne of shrimp in 2018, a 4.8 % higher than the previous year. I

shrimpo, shrimp markets News

Kiran Mazumdar Shaw at 11th spot in ‘richest self-made women’ list, only Indian in the list

China topped the list with 51 female entrepreneurs, followed by the US and the UK.

Industry News

Spices in distress: Pepper imports flouting minimum import price hurting local produce

The Union government imposed an MIP for pepper at CIF value of Rs 500 per kg to protect the interests of farmers in December 2017.

Commodities News

Mukesh Ambani among world’s richest 10; number of Indian billionaires falls

It has been a difficult year for the world's billionaires with total wealth decreasing by $950 billion, or 9%, to $9.6 trillion due to poor stock market performance and appreciating dollar.

Industry News

BPCL starts Kochi refinery expansion to build petrochemical complex

BPCL is strategically entering the petrochemical sector to reduce the country’s dependence on imports of petrochemicals.

Industry News

Ready-to-drink tea to grow 5% in 4-5 years: Study

Ready-to-drink tea (RTD) is expected to grow about 5% over the next 4-5 years in India, which is higher than the expected growth rate of normal tea, says a study on domestic consumption of tea conducted by the state-run tea b

Ready-to-drink tea to grow 5% in 4-5 yrs: Board (Representational image) News

Higher output of turmeric could lower prices in current season

India is the largest turmeric producer with 75-80% share of the global production and the demand for the commodity has been increasing rapidly from the medicinal and cosmetic industry.

Higher output of turmeric could lower prices in current season News

Demand of cashew to rally in coming months

Global demand for the cashew kernel has surged 53% since 2010, surpassing production in at least four of the past seven years.

Demand of cashew, cashew, cashew news

Coconut oil market to firm up on short supply

The coconut oil market is likely to firm up this season due to short supply from key states like Kerala and Tamil Nadu. The impact of floods in Kerala and cyclone Gaja in the neighbouring Tamil Nadu is estimated to drag down

Markets News

India tea may benefit from Sri Lanka wage hike, Vietnam problems

Domestic tea production during 2018 is expected to stay more or less the same as last year despite lower rainfall, while exports are expected to marginally increase.

Markets News

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