Author Archives: 919810285269

Coconut Development Board urged to prevent adulteration in coconut oil

COMA President emphasized the need for keeping quality standards in coconut oil production and requested the support of the Board in preventing adulteration of coconut oil To facilitate interaction with major stakeholders on quality management and food safety standards, Coconut Development Board organized one day seminar on prospects and challenges in the coconut oil sector.

Maharashtra sugar mills halt production after record output

Industry urges Centre to lift ban on export and curbs on ethanol production for next season All the 207 sugar mills in Maharashtra that commenced crushing operations in the 2023-24 season have halted production, collectively producing 11.02 million tonnes (mt) of sugar — an increase of 0.49 mt compared with the previous season. Industry players …

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Rapeseed processing in Ukraine to remain high in the 2024/25 MY

According to the updated forecast of APK-Inform Agency, in 2024/25 MY Ukraine may process about 750-800 thsd tonnes of rapeseed, down 20-23% compared with 2023/24 MY. The decrease in processing compared to the previous season may be due to the lower harvest of the oilseed in 2024 in Ukraine and increased competition between the plants …

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2023/24 Argentina Soybeans 63.7% Harvested

Soybeans in Argentina were 63.7% harvested as of late last week. This represents an advance of 15.8% for the week. In the core production areas, the soybeans are 80-85% harvested with 30-50% harvested in southern Argentina and 35% harvested in far northern Argentina. The early planted soybeans are 71% harvested and the later planted soybeans …

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US Fed rate meeting minutes show growing inflation concerns

WASHINGTON, May 23 — A strong US economy and an uptick in inflation led the Federal Reserve’s rate-setting committee to conclude that progress against rising prices had stalled, according to minutes of its most recent meeting published Wednesday. Fed policymakers voted to hold rates at a 23-year high after the rate-setting meeting concluded on May …

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Palm rises on weaker Malaysian ringgit, demand hopes

MUMBAI: Malaysian palm oil futures rose on Thursday due to weakness in the Malaysian ringgit and expectations of improved demand as the tropical oil started trading at a discount to rival soft oils. The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange closed up 24 ringgit, or 0.62%, at 3,892 …

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*इनकम टैक्स ट्रिब्यूनल ने कहा है कि टैक्स payer को ही अपील तय टाइम में लेट फ़ाइल करने की उचित वजह साबित करने की जिम्मेदारी है।*GST ट्रिब्यूनल ने कहा है कि अगर assese ने अपना ट्रेड बन्द करने की लीगल तरीके से GST को जानकारी दे दी है और रजिस्टर्ड पते पर ट्रेड नहीं कर …

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*अमेरिका चीन में तनातनी बढ़ने के असर से आज एशिया में शेयर मार्केट ढीली है। *ब्याज दरों पर फ़ेड बैंक के सख्त बयान से आज मलेशिया में रिंगित पर दवाब है।अभी ब्याज दरें नहीं घटेगी, इस बयान से पेट्रो भी डाउन है।