HARVESTING
The Good Glamm Group completes acquisition of The Moms Co
The Good Glamm Group has fully acquired The Moms Co after acquiring a majority stake in 2021. The Moms Co founders have transitioned out of daily roles. The brand has seen rapid growth, expanding into international markets like the UAE. The Good Glamm Group plans to continue this growth using its content-to-commerce strategy.
Retail tomato prices drop 22.4 pc on improved supplies: Govt
Retail tomato prices in India dropped 22.4% in November, falling to Rs 52.35 per kg from Rs 67.50 per kg in October due to improved supplies and favorable weather. Wholesale prices also saw a significant decrease, with Delhi's Azadpur mandi reporting a near 50% decline.
Another Onion Express from Nashik arrives in Delhi, one more expected in next two days
An Onion Express train carrying 1,341 tonnes of onions arrived in Delhi from Nashik to combat rising prices. This initiative aims to benefit both farmers and consumers. Another train with a similar quantity is scheduled to arrive within two days. This follows the removal of the minimum export price on onions and previous export restrictions.
Onion prices soar to 5-year high amid supply woes, exports boost
Onion prices in India have surged due to poor quality kharif crops and increased export demand. The price spike follows a supply shortage and the depletion of stored onions from the previous year's harvest. Traders anticipate a decline in prices as new crop arrivals increase in the coming days.
November inflation figures may bear imprint of rise in onion prices
Onion prices in India have surged to a five-year high due to heavy rainfall damaging crops and delaying harvests. This price increase, along with rising costs for potatoes and cooking oil, is expected to impact inflation data for November.
Maharashtra political parties, sugar mills tussle over labour migration ahead of polls
Political parties in Maharashtra are urging a delay in sugarcane crushing to allow laborers to vote in the November elections. However, sugar mills oppose the delay, citing potential financial losses and disruptions to ethanol supply. The delay could also lead to sugarcane being diverted to Karnataka and idle labor costs for mills.
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Green roofs can help reduce floods in dense urban areas, says IIT B, CEPT University study
Planting small trees on rooftops can help reduce flooding in crowded cities. A study by CEPT University and IIT Bombay highlights that green roofs can absorb rainwater, keeping buildings cooler and aiding rainwater harvesting. However, not all buildings are suitable for this solution.
Why headline inflation may not be the most accurate to 'gauge' demand in Indian economy
The Finance Ministry's Economic Survey indicates softening inflation expectations in India, with underlying demand remaining stable despite food price fluctuations. It emphasizes that core inflation remains within a comfortable range, and projections for a healthy kharif harvest are expected to mitigate future price pressures.
Scientists suggest ways to Odisha paddy farmers for minimising loss due to cyclone Dana
Agriculture scientists in Odisha suggest measures to minimise paddy crop damage due to cyclone Dana's heavy rain. Eight coastal districts likely to be affected. Farmers are advised to keep drainage channels open, properly stack and cover harvested rice, dry grains after rain, and use fumigation for storage pests.
India's diesel consumption to rise 3%-4% this fiscal: Indian Oil chairman
India's diesel consumption is predicted to grow by 3%-4% this fiscal year, said IOC chairman V Satish Kumar. Despite a 1% rise in demand to 44.4 million tons from April-September due to heavy rains, consumption is anticipated to increase from October with the onset of crop harvesting.
Gujarat to harvest a record crop of groundnut due to increase in area and yield, says SEA
Groundnut production in Gujarat is projected to rise by 26% due to increased area and productivity, reaching 42.19 lakh tonnes. The average yield has improved to 2210 kg per hectare. However, scattered showers have affected early sown crops, causing market prices to fall below the MSP.
Delhi stares at pollution haze as paddy harvest still to pick up full pace
Delhi-NCR's AQI has exceeded 300, with paddy harvesting in Punjab and Haryana not yet at full pace. Rising farm fires in hotspot districts have prompted the Centre to call for stringent measures as less than 30% of harvest is completed in most areas, raising concerns over worsening air quality.
Heavy rains, delay in harvest to keep onions pricey this Diwali
Onion prices, currently at ?60-80/kg, are expected to stay high through Diwali due to heavy rainfall damaging crops in Maharashtra and other states, causing supply delays. This has led to a surge in food inflation, with tomatoes and cooking oils also seeing price hikes. The government is releasing buffer stock to manage the situation.
Olive harvest under threat from settler attacks, Gaza war
In Gaza, the olive harvest is significantly impacted by ongoing war, with only 15,000 tonnes expected compared to 40,000 tonnes before the conflict. Farmers in the occupied West Bank face difficulties tending their groves due to fears of settler attacks, threatening a crucial part of Palestinian culture.
Let not a drop go waste: Inside India's potentially game-changing new rainwater plan
The govt is planning to build one million rainwater harvesting structures before next year's monsoon. This initiative, called Jal Sanchay, Jan Bhagidari, aims to enhance groundwater replenishment. The campaign will involve constructing check dams, percolation tanks, and recharge wells with the help of both government and non-government resources across water-stressed districts.
Can you carry forward losses if you are filing income tax return (ITR) late?
Loss carry forward: You can carry forward certain specified losses like from house property, business, etc and then set it off from income in future assessment years. Applying this concept allows you to reduce your net tax outgo by reducing your total taxable income in the year where you set off the loss with income. Read below to know which losses can be carried forward and up to how many years.
Centre releases 1st instalment of finance commission grant for local bodies in Andhra, Rajasthan
The Union Government released the 2024-25 grants for Rural Local Bodies in Andhra Pradesh and Rajasthan. Andhra Pradesh received Rs 988.76 crore, and Rajasthan Rs 1,267.78 crore. These grants empower panchayats to address local needs and manage essential services such as sanitation and water management.
Navratri Calendar 2024: Date-wise full schedule, rituals, and significance
Navratri 2024, celebrated from October 3 to October 12, honours the nine forms of Goddess Durga. Key rituals include Ghatasthapana, daily goddess worship, fasting, Sandhi Puja, and Durga Visarjan. The festival symbolises the victory of good over evil and coincides with Lord Rama's triumph over Ravana.
Wheat, coffee, sugar, other food prices are rising due to bad weather
The Bloomberg Agriculture Spot Index saw a significant monthly gain, reflecting crop shortfalls and heightened market uncertainties. If trends persist, consumer food costs could rise further.
Colombia to produce 15% more coffee in 2024, growers' federation head says
Colombia's coffee harvest was up 2% in 2023 to 11.3 million bags, after three years of production declines because of heavy rains during the weather phenomenon known as La Nina. Exports last year were 10.5 million bags.
India's monsoon begins to retreat after delivering surplus rains
India's monsoon rains have started retreating from the northwest, nearly a week later than usual, according to the India Meteorological Department. The extended rains have replenished reservoirs but damaged some crops ready for harvest. Monsoon rains this season have been 5.5% above average, with further retreat expected in parts of West Rajasthan, Punjab, Haryana, and Gujarat.
Saffron in peril: Kashmir's golden harvest threatened by global warming
In Kashmir Valley, saffron has long been more than just a crop; it is a symbol of heritage and a vital source of income for local farmers. But its farming is grappling with significant sustainability and livelihood issues, highlighting the urgent need for suitable technologies to combat global warming which has negatively affected the production of this vital cash crop.
US Election 2024: Trump supporter and billionaire Peter Thiel warns of a major political collapse
US Election 2024: Peter Thiel, a right-wing tech billionaire, predicts that the 2024 election between Donald Trump and Kamala Harris won't be close. He believes either side will collapse in the next two months. Thiel, who is pro-Trump, has decided not to donate politically but supports Trump and JD Vance in other ways.
Harvest Super Moon: When and how to watch the partial lunar eclipse across the US
A partial lunar eclipse, coinciding with September¡¯s Super Harvest Moon, will be visible on September 17, 2024, across several continents, including North America, South America, Europe, Africa, and parts of Asia. This rare event, with Saturn nearby, will offer a stunning view for skywatchers. The eclipse will last 4 hours and 6 minutes, peaking at 10:44 p.m. EDT when 8.4% of the moon enters Earth¡¯s shadow. Clear skies are expected in many regions, promising an unforgettable celestial show.
PM Modi to launch 'Jal Sanchay Jan Bhagidari' initiative in Gujarat
Prime Minister Narendra Modi will launch the "Jal Sanchay Jan Bhagidari" initiative in Surat, Gujarat, to enhance community involvement in water conservation. This initiative aligns with the "Jal Shakti Abhiyan: Catch the Rain" campaign and aims to mobilise citizens and stakeholders to implement rainwater-harvesting structures, promoting sustainable water management across India.
Rains, cyclone threaten Gujarat's cotton and peanut crops ahead of harvest
Heavy rains and strong winds are forecast for India's major cotton and peanut growing areas in Gujarat, potentially causing floods and damaging crops near harvest. A developing cyclone may intensify wind speeds, risking further agricultural and infrastructural impact.
Increase minimum selling price of sugar to Rs 42/kg, says industry body NFCSF
The National Federation of Cooperative Sugar Factories (NFCSF), representing co-operative sugar mills in India, has requested the central government to increase the minimum selling price (MSP) of sugar by 35% to Rs 42/kg. The MSP was introduced in 2018 and last revised in February 2019. However, sugar prices have been consistently higher than the MSP, with ex-mill prices in Maharashtra being Rs 36/kg, and retail prices in the range of Rs 42-44/kg. The NFCSF has already submitted its proposal to the Union Government.
SLCM Group secures second Agri Reach application patent for real-time quality control monitoring in warehouses
SLCM acquires second Agri Reach patent for real-time quality control data monitoring in warehouses, bolstering agricultural ecosystem self-reliance.
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