Rajesh Ravi
Shrimp exports may jump 10 pct this year
India is the largest producer of shrimps in the world and accounts for nearly 6% of the global fish production.
US-China trade war helping India’s exports of value-added shrimp
Amalgam group chairman AJ Tharakan said that the hike in tariffs by the US for imports from China is likely to help Indian seafood exports in a big way.
Cardamon prices likely to decline on fresh arrivals
Reports of lower production due to climate vagaries are likely to support the market and provide an upside in the medium to long term
India’s shrimp exports to the US rises by 14 pct in January-June 2019
Total imports of shrimp by US for the first six months of 2019 remained flat at 300,683 tonne compared to 302,495 tonne imported during the same period of 2018. Overall, US imported 695,332 tonne of shrimps last year.
Turmeric prices firm up amid scanty rainfall
M Sathyamoorthy, secretary of the Erode Turmeric Merchants Association, told FE, the lower rainfall and water level in reservoirs has led to many farmers refraining from farming turmeric.
South India’s tea production till now dips 13 pct
Tea production in southern India has been on a decline from 2014 when production touched a peak of 242 million kg (m.kg). India is the second largest producer of tea in the world and contributes 26% to the global production.
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.
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.
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.
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.
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.
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
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
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.
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
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.
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.
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.
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
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.
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.
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.
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.
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
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.
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.
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
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