Nabard announces Rs 700-cr VC fund for agri, rural startups

Mumbai: The National Bank for Agriculture and Rural Development (NABARD) is going to set up a Rs 700 crore (US$ 100.11 million) venture capital (VC) fund for undertaking investment...

FCI to sell 10 million tonne of wheat to bulk consumers this fiscal

New Delhi: The Food Corporation of India (FCI) is targeting to sell 10 million tonnes (MT) of wheat to bulk consumers in FY20, an increase of 40 per cent from FY19.

Goodricke parent Camellia becomes the world's largest private tea producer

Kolkata: Camellia PLC, the parent company of Goodricke Group, has become world's second largest private tea producer with production expected to reach 105.5 million kg in 2019....

IMD expects monsoons to be near-normal this year

New Delhi: India is expected to have a near normal monsoon in 2019 with 96 per cent rainfall, according to the India Meteorological Department (IMD).

Sugar exports surge to 17.44 lakh tonnes this year so far: Industry data

New Delhi: India's sugar exports rose to 1.74 million tonnes during October 1, 2018-April 6, 2019, compared to 500,000 tonnes exported in sugar marketing year 2017-18, accordin...

Coffee Board Activates Blockchain Based Marketplace in India

New Delhi: Dr Anup Wadhawan, Commerce Secretary, Ministry of Commerce & Industry, Government of India, launched a blockchain based coffee e-marketplace of Coffee Board of India...

Basmati rice exports likely to grow by 4-5% in FY20: Report

Mumbai: India's exports of basmati rice are expected to grow 4-5 per cent in 2019-20, on the back of higher average realisations, strong demand from Iran and steady rise in pad...

Sugar output up 6% at 273.47 lakh tonne till Mar 15 this season

New Delhi: Sugar production in India has reached 27.35 million tonnes (MT) in 2018-19 sugar season, as of March 15 2019, according to the Indian Sugar Mills Association (ISMA).