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Govt infra push, falling input costs to boost cement stocks
Analysts expect prices to sustain until the beginning of the monsoon season.
Rabi Cereals production for 2019-20 to increase by 4.52 %
Availability of good soil moisture across major Rabi producing states has also laid...
Sugar production to bounce back soon
Though the next monsoon season will decide the final size of India's next sugarcane crop, industry leade...
Are Indian fintechs chasing the same set of borrowers? Experts answer
Talking about the lending sector, Ashwini Anand, Founder, Monsoon CreditTech, believed that the Indian lending market was worth about $300 billion. For MSMEs, its about $70 billion. The advantage that Indian banks have in retail space is because of their low cost of capital advantage.
CIL production to not exceed 640 million tn in FY20: Official
Hit by disruptions due to a prolonged monsoon, mining major Coal India Ltd's production in the current fiscal will not exceed 640 million tonnes, a top company official said on Thursday.
IMD to change reference dates for monsoon onset, withdrawal from this year: MoES
June 1 is the onset date for monsoon over Kerala and it is likely to remain the same but the IMD will change the reference dates for some states and cities, Secretary in the ministry M Rajeevan said.
Monsoon showers bring 50% more water for rabi crops
Live water storage in reservoirs in the southern states of Andhra Pradesh, Telangana, Karnataka, Kerala and Tamil Nadu is 76% of their capacity of 52.8 bcm as of this week, according to CWC. The storage was 48% of capacity a year ago while the 10-year average is 54%.
India's fintech adoption fairly advanced: Monsoon CreditTech's Ashwini Anand
Monsoon CreditTech is one of the seven fintech companies to be part of Mastercard Start Path programme. Talking to ET Online, the startup CE...
Rainy season may start 10 days later
The onset date for India, which starts with Kerala on June 1, will remain the same but its withdrawal would now be expected 10 to 15 days than the ‘normal’ date of September 30, said M Rajeevan, secretary of the ministry of earth sciences.
Cold, showers in North may yield record rabi crop
According to latest rabi sowing data released by the agriculture ministry, wheat acreage — which accounts for over half the sown area — is up over 11% to 32.646 million ha, because of a rise in planting in Madhya Pradesh, Rajasthan, Gujarat and Maharashtra. The total rabisown area has also climbed to 62.5 million ha, 8% more than 57.847 million ha planted during this time last year.
Broad-based market recovery key theme for 2020: Mahesh Patil
The cyclical recovery in the economy will prop-up earnings next year, says Patil.
Kharif crops production likely to decline up to 53.3 per cent due to erratic weather
In the current assessment, coarse grains, pulses, oil seeds and sugarcane have marginally pushed themselves further in the negative region with an expected decline of 14.14 per cent, 14.09 per cent, 53.31 per cent and 11.07 per cent over the last estimate, respectively, according to a report by the National Bulk Handling Corporation (NBHC).
Beer party continues on the street, but it’s going a bit flat
India's beer sales expanded at the fastest pace in three years in 2019, but companies said growth had slowed sequentially in every quarter because of increasing taxation and curbs on liquor in a few states.
300 Maharashtra farmers killed selves in November while parties jostled for power
Between October and November last year, the number of cases rose 61%, shows the latest revenue department data. The state recorded 186 farmer suicides in October. The cases rose by another 114 in November. The drought-prone belt of Marathwada recorded the highest number of 120 cases in November 2019 while Vidarbha recorded 112 cases.
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