Agricultural

Its Bayer LifeScience Center division, along with biotech firm Ginkgo Bioworks, is forming a startup to focus on developing biological solutions to reduce the use of nitrogen-based fertilizer, or make farmers' use more efficient, company officials said this week.

Food grains production increased by 8.1%

THe foodgrains production increased to a record high of 271.98 million tonnes. It was a great achievement despite all the difficulties farming community face today and it may be attributed to the Scientists of KVK who desperately working with farming community at the field level, he said.

Govt initiatives in agri sector aiding sentiment: Shakti Pumps

"On the agricultural side, the government is working on agricultural machinery, equipment, irrigation infrastructure or water facilities. So there is a positive sentiment for overall sector", Akhilesh Maru, CFO of Shakti Pumps told CNBC-TV18.

PPP has not taken right shape in many states: SK Goel

In an interview to CNBC-TV18‘s Manisha Gupta, SK Goel, former Principal Secretary of Government of Maharashtra and R Rameseshan of Rashtriya E-Market Services share their views on the challenges in the agricultural sector in India.

PhilipCapital conclave to focus on future bottlenecks in agri

Speaking to CNBC-TV18, Vineet Bhatnagar, MD of the company said that the larger thrust will be on future bottlenecks for the agriculture industry. Seed, fertilizer as well as irrigation are likely to be the focus areas.

Axis Bank Foundation Conference: Combating agrarian woes

Latha Venkatesh of CNBC-TV18 speaks to a group of experts on the rural and agricultural issues in India and the solutions to those problems.

Demonetisation affects farming, construction activities

People in Ganjam district said that they do not have enough cash to give to daily wage labourers.

Vijay Goel for timely implementation of river linking projects

According to an official statement, the Minister of State for Water Resources, while chairing 11th meeting of the special committee on Inter-Linking of Rivers here, said the linking rivers is an "attempt to boost surplus water availability to needy states.

Monsoon ends this week, record food output likely

A “normal” monsoon and adequate water in major reservoirs nationwide, coupled with more money to agriculture, have set the stage for a record agricultural output of 270 million tonnes—2 percent in excess of the government‘s target—for the kharif (summer) and rabi (winter) crops of 2016.

As India's 'granary' exhausts groundwater, farmers eye new crops

Groundwater irrigates almost three-quarters of Punjab‘s agricultural land, but groundwater levels are dropping by 40 to 50 cm (16 to 20 inches) a year, according to Rajan Aggarwal, head of the soil and water engineering department at Punjab Agricultural University (PAU).

Poland seeks partnership with India in agri, food processing

Poland today sought partnership with India in agriculture and food processing sectors and offered its expertise in these areas.

Large population still without power in India: Report

According to clean energy consultant Mercom Capital Group's latest report, the power deficit numbers in India do not paint the full picture.

UNSW Australia to lend expertise in ONGC wells

"A novel Australian research breakthrough that promises to dramatically increase gas yields from coal seams and biogas plants will be trialled for industrial application for the first time in partnership with ONGC," UNSW Australia said in a statement.

Wholesale price index will see positive growth in FY17: CMIE

The WPI will get into the "moderately positive" zone in the next fiscal, says Vyas. But this growth should reflect in the topline of corporates in the current fiscal.

RBI to cut policy rate by 25 basis points on Aug 9: BofA-ML

According to global financial services major Bank of America Merrill Lynch investors should not read much into the higher May CPI inflation print at 5.76 percent as it was entirely drive by higher agflation (agricultural inflation).

Andhra gets proposals worth Rs 3,500 cr to set up food parks

"The government has received 65 proposals to set up mega food parks in the State with a total investment of Rs 3,500 crore," said Y N Prasad, Chief Executive Officer, Andhra Pradesh Food Processing Society (APFPS).

Software for e-connectivity of agri markets soon: Minister

Union Agriculture Minister Radha Mohan Singh today said the Centre will soon launch a new software to enable e-connectivity of agricultural markets in the country.

RBI revises PSL norms for regional rural banks

As per the new norms released, rural banks will have to advance 18 percent of total outstanding towards agricultural activities.

Expect chana to trade sideways to positive: Angel

According to Angel Commodities, chana is expected to trade sideways to positive due to regular demand as supplies are reported to be limited in the spot market on revival of monsoon in most parts of the western and central India.

Expect Soybean prices to trade sideways: Angel

According to Angel Commodities, Soybean prices is expected to trade sideways to down on reports of record sowing and revival of monsoon in central India. Slack demand for soybean due to sufficient stock of veg oil and meals also pressurize the prices.

El Nino to hit 92% long period rain forecast by -9%: IMD

DS Pai, Director of Long Range Forecast, India Meteorological Department says except for northern India, no other region was getting good rainfall. IMD will review monsoon targets only in the last week of July.

Govt agri spend to drive demand in FY16: Finolex Industries

In an interview with CNBC-TV18, executive Chairman of Finolex Industries, Prakash Chhabria said the company is seeing better demand in its PVC business due to pent-up orders and overall economic demand.

India monsoons: Another dry season ahead?

Farmers in India are especially dependent on monsoon rains as over 50 percent of agricultural land in the country does not have irrigation facilities and where major products off the land of nation remains rice, soybean, sugar and cotton.

Economic Survey: Retail inflation may soften to 5-5.5% in FY16

Structural shifts in inflationary process are underway caused by lower oil prices and deceleration in agriculture prices and wages. "These are simultaneously being reflected in dramatically improved household inflation expectations.

Making It Big: How Laurus Labs was built?

It is a growth story unmatched in the Indian pharma industry. This week HSBC Making It Big feature Vizag-based Laurus Labs, India‘s fastest growing Active Pharmacetuical Ingredient or API company.