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Government Unveils MSP Procurement Plan for Pulses, Maize, and Cotton to Encourage Crop Diversification

The Indian government plans to provide guaranteed procurement of pulses (tur, urad, and masoor) and maize at MSP for farmers who diversify from paddy cultivation. MSP procurement of cotton is also being considered without diversification conditions. NAFED and NCCF may contract farmers for five years. Farmers can register on a dedicated portal with details like Aadhaar number and self-certify crop ...

Textile Stock Under Rs 55 Bags $2.72 Million Export Order, Offered 2100% Return In 2-Years

Small cap stock priced under Rs 55, Axita Cotton Ltd received $2.72 million cotton export order from neighbouring country Bangladesh. The company informed BSE on March 11, 2023 about the receipt of the order. The company has a market capitalisation of ...

Economic Losses, In Flood-Hit Pakistan Touches USD 18 Billion: Reports

The cataclysmic floods in Pakistan has caused economic damages to the tune of around USD 18 billion to the country's teetering economy, wiping out more than 8 million acres of crops and displacing more than 33 million, media reports said on ...

Greaves Cotton Rises 7 Pc, On Strong June Qtr Numbers

Shares of Greaves Cotton jumped 7 per cent in morning trade on Friday after the diversified engineering company reported a profit of Rs 16 crore for the April-June quarter. Shares of Greaves Cotton opened on BSE at Rs 166, then gained ...

Chinese companies sign MoUs worth $338 million

In a structured process of procurement of Indian products, 15 MoUs between Indian and Chinese companies, worth value of $ 338 million were signed. The products regarding which procurement MoUs were signed include zinc concentrates & copper concentrates, cotton yarn, ...

Export of cotton prohibited with immediate effect

Directorate General of Foreign Trade (DGFT ) issued Notification dated 5th March, 2012 prohibiting further export of cotton till further orders with immediate effect.Almost 94 lac bales have already shipped out, against an estimated export surplus of 84 lac bales. Ministry ...