-Livemint.com Both fertilizer and agrochemical companies are highly dependent on imports for raw materials. With rupee depreciation exacerbating the rise in prices of raw materials, the profitability of the companies is expected to take a hit this year The forecast of a record foodgrain production in the ongoing kharif season has brought no cheer to agricultural inputs stocks. Shares of Rallis India Ltd lost 3% last week. Dhanuka Agritech Ltd slumped 12%....
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Preparing for the floods -G Anand & AJ James
-The Hindu Kerala has a unique opportunity to put in place climate-resilient water management The recent floods in Kerala saw heroic rescues from raging rivers swollen by unprecedented rains — and the opening of shutters of major dams. There were allegations of ‘human blunders’ while the government said it could have done little else. The truth is that India has not learnt its lessons from recent floods, in Assam, Bihar and Tamil...
More »Weeks after flood, Kerala fights dry spell -Shaju Philip
-The Indian Express IMD, Thiruvananthapuram, director S Sudevan said the state has received hardly any rain since the beginning of this month. Thiruvananthapuram (Kerala): An unusual dry spell coupled with the reported fall in the groundwater level in flood-hit areas of Kerala has emerged as a cause of concern. IMD, Thiruvananthapuram, director S Sudevan said the state has received hardly any rain since the beginning of this month. Weekly rainfall for the whole...
More »UP flood death toll hits 325 as rainfall intensifies; major rivers in spate -Virendra Singh Rawat
-Business Standard Heavy rainfall forecast over the next 24-48 hrs in UP Lucknow: More than a dozen districts have been flooded following heavy rainfall in Uttar Pradesh and the adjoining hilly regions over the past few days, as the toll went up to 325. More than 21 people were reported to have died over the last 48 hours in flood-related incidents, including drowning and wall collapse, across the state, including Shahjahanpur, Amethi...
More »Dip in Rupee Value Sees Rice Export Prices Drop
-TheWire.in A drop in rice export rates from the top exporter, India, due to the falling rupee also weighed on demand for the Vietnamese variety. Bengaluru: Rice export prices in India fell this week as the rupee weakened, with the drop in rates from the top exporter also weighing on demand for the Vietnamese variety. Rates for India’s 5% broken parboiled rice fell by $3 per tonne to $389-$393 per tonne this week. “Rupee...
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