soybean

Nearly 24.86 lakh hectares of land in Marathwada will come under soybean cultivation in the upcoming Kharif season, an official said on Monday.
As per the Maharashtra agriculture department's estimates, soybean may be cultivated on 24.86 lakh hectares, which comes to 49 per cent land, in Marathwada, he said.
The above estimate was presented by officials during the recent review meeting for the upcoming Kharif season chaired by state Agriculture Minister Abdul Sattar in Aurangabad.
Cotton, soyabean, tur dal and corn may be preferred in Marathwada in the upcoming Kharif season, he said.
The proposed area under soybean cultivation is 24.86 lac hectares, followed by cotton (13.91 lakh hectares), tur dal (4.44 lakh hectares) and corn (2.31 lakh hectares), the data stated
Mahabeej company will provide 67,000 quintals of seeds, while private companies will provide 4.50 lakh quintals and farmers have 24 lakh quintals to meet the need, it was stated.
The state has made available 7.17 lakh

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However, achieving self-sufficiency in edible oil will remain a distant dream unless drastic policy measures are taken

Loss of shipments from Ukraine, the world's top supplier of sunflower oil, and drought in the world's top soybean oil exporter Argentina had already sparked a sharp rise in global vegetable oil prices

soyabean

Hu also emphasized stabilising planted grains acreage and strengthening farmland protection, reiterating policies previously laid out by central leadership, Xinhua said

soymeal

Soymeal millers, processors can hold stocks only up to their 90 days of production, says circular.

The country's oilmeal exports declined by 51 per cent to 1.62 lakh tonne in November of this year due to sluggish export of soybean meal, industry body SEA said on Friday.
Since India is currently outpriced for soybean meal export as compared with other countries like Brazil and Argentina, the country is unlikely to undertake shipments in the next two-three months, it said in a statement.
The country had exported 3.32 lakh tonne of oilmeal in the same month previous year. Oilmeals are used as animal feed in poultry and other sectors.
According to the latest data released by the Solvent Extractors' Association (SEA), export of soybean meal declined to 42,383 tonne in November of this year from 1,98,776 tonne in the year-ago period.
"Soybean crush margins in India are currently squeezed by pressure on meal prices and relatively high price expectation of farmers for soybean seed which is currently quoted over Rs 6,400 per quintal," it said.
Soybean meal for export at ex-Kandla port i

Trade sources said lack of clarity on whether or not import of GM soybean meal beyond Jan 31 has been allowed is raising market sentiments along with overall bullishness in the edible oils complex

agriculture, farming, farmers, farm, crops, kharif, sowing

Area under rice (-8.9%), soybean (-11.05%), bajra (-37.83%) and cotton (-17.51%) sees maximum shortfall

palm oil

India's sunflower oil imports rose 31% to 175,759 tonnes in May, it added.

Nirmala Sitharaman, India's finance minister

While the FM has ostensibly got her act right on imposing the levy without punishing the consumer, questions about the share of states, the rate structure and the use of funds remain

India's soybean meal exports grew two-and-a-half times to 5.99 lakh tonnes during the first quarter of current oil marketing year

Wheat prices in Delhi market are trading at Rs 1,811 per quintal

Soybean prices at the benchmark Indore market are trading at Rs 4,565 per quintal; Chana prices are trading at Rs 5,205 per quintal in the Delhi market

Soybean is trading at Rs 4,460 per quintal at the benchmark Indore markets; Seed prices at Deesa market are expected to trade towards Rs 4,570 - Rs 4,550 per quintal

Soybean is trading at Rs 4,406 per quintal at the benchmark Indore market; Barley in Jaipur is trading at Rs 1,450 per quintal

Soybean at the benchmark Indore markets traded at Rs 4,145 per quintal; Chana price is expected to move up marginally from Rs 5,475 to Rs 5,525-5,550 per quintal in the Delhi market

Chana dal

Festive demand will keep buyers active, while limited availability will support prices

oil, oilseed, production, edible

Bolsonaro said he will rely on Agriculture Minister Tereza Cristina Dias to arrange the meeting with the growers

farmer, wheat produce, Covid-19 crisis, agriculture

Soybean at the benchmark Indore market is trading at Rs 3,969 per quintal; Wheat is trading at Rs 1,800 per quintal in Delhi

Cotton

Soybean is trading at Rs 3,835 per quintal at the benchmark Indore market; The cotton price of benchmark variety S6 is at around Rs 17,000 per bale

Weak demand from processors, and upcoming new crop arrival pressure is expected to keep the trend weak for soybean

Stocks to watch on Thursday, September 28 2023: Telecom stocks too may see some action after Trai data for July showed considerable new subscriber additions for Jio and Airtel; and loss of market shar

BSE, stock market, sensex

Closing Bell on September 28, 2023: 
Tech M, which sank 4 per cent, was the top laggard on the benchmarks after Morgan Stanley downgraded the stock to 'underweight'

bulls, bears, markets, sensex

Vedanta Ltd.'s parent, Vedanta Resources, will remain the holding company, the people said. Deliberations are ongoing and no final decisions on the structure or timing of the de-merger have been made

Vedanta refinery

It did not disclose the name of the buyer or the extent of the investment it was selling. Adani Green Energy and Adani Energy Solutions did not immediately reply to Reuters requests for comment

Adani, Adani Group

As markets anticipate inclusion of the debt in other indexes, including the Bloomberg Global Aggregate, the flows could rise to $50 billion by the end of next year

ICICI Bank

Former bureaucrat Amit Khare was on Monday given extension as advisor to Prime Minister Narendra Modi, a Personnel Ministry order said.
He was appointed to the post for two years in October 2021.
Khare, a 1985-batch (retired) Indian Administrative Service (IAS) officer of the Jharkhand cadre, had superannuated on September 30, 2021. He last served as the higher education secretary.
The Appointments Committee of the Cabinet (ACC) has approved the extension in Khare's tenure, on contract basis on the usual terms and conditions as are applicable in the case of re-employed officers of secretary-level in the government of India, beyond October 12, 2023 for a period "co-terminus with the term of Prime Minister", the order said.
In another order, the ACC has approved the extension in tenure of Rajesh S Gokhale as secretary, Department of Biotechnology, for a period of two years -- with effect from November 1, 2023.

Amit Khare

NGOs registered under the Foreign Contribution Regulations Act (FCRA) will now have to provide details of moveable and immovable assets created by them using foreign funds.
The need for mandatory declaration of assets by the NGOs by the end of every financial year (March 31) came after the Ministry of Home Affairs (MHA) on Monday issued a gazette notification modifying the rules that govern the NGOs which receive foreign funding.
According to the law, all NGOs receiving foreign contributions have to be registered under the FCRA.
The MHA made the changes in the Foreign Contribution Regulation Rules, 2010, by inserting two clauses -- (ba) details of movable assets created out of foreign contribution (as on March 31 of financial year) and (bb) details of immovable assets created out of foreign contribution (as on March 31 of financial year) -- in Form FC-4.
Form FC-4 is filled by NGOs and associations granted FCRA licences for filing their annual returns.
The MHA also decided to exte

Foreign funds

The Biden administration announced Monday that it is offering a $2 billion loan to Poland, which has been a hub for weapons going into Ukraine, to support the ally's defense modernisation.
The State Department said in a statement that Poland is a stalwart ally of the U.S. whose security is vital to the collective defense of NATO 's eastern flank, and that such funding is reserved for Washington's most important security partners.
The U.S. government is also providing Warsaw up to $60 million for the cost of the loan in Foreign Military Financing (FMF) which would support urgent procurements of defense articles and services from the United States, the State Department said. The $60 million is a loan subsidy meant to ensure that Warsaw can secure favourable terms for the loan.
Poland has been a staunch supporter of Ukraine since Russia's full-scale invasion of the country, handing over large numbers of its own tanks, fighter jets and other equipment. It has also been a hub for most of

poland flag

Police have booked Hindutva leader Milind Ekbote and three others for allegedly giving "provocative" speeches during an agitation in Pune recently, said officials on Monday.
On September 4, some Hindutva organizations, along with the BJP had held a protest outside the Pune Municipal Corporation (PMC) headquarters in the city and sought the removal of an unauthorised structure from near a temple.  According to Shivajinagar police station officials, the organizers had not taken prior permission from authorities for the protest.  During the agitation outside the PMC main gate, Ekbote and three others - Kunal Kamble, Kiran Shinde and Vishal Pawar -- gave "provocative speeches" which had the potential to create a rift between two communities, they said.  A case under relevant sections of the IPC, including 141 (unlawful assembly), 153 (wantonly giving provocation with intent to cause riot) and 188 (disobedience to an order lawfully promulgated by a public servant) was registered against ..

Hindutva

International credit agency Moody's Investors Service has made sweeping assertions against Aadhaar without citing any evidence, the Unique Identification Authority of India (UIDAI) said on Monday.
The UIDAI issued a strong rebuttal to Moody's Investors Service which claimed that the Aadhaar system often results in service denials and the reliability of biometric technologies, especially for manual labourers, in hot and humid climates is questionable.
"A certain investor service has, without citing any evidence or basis, made sweeping assertions against Aadhaar, the most trusted digital ID in the world. Over the last decade, over a billion Indians have expressed their trust in Aadhaar by using it to authenticate themselves over 100 billion times," the UIDAI said in a statement.
The unique id Aadhaar's custodian said that the report in question does not cite either primary or secondary data or research in support of the opinions presented in it.
"The investor service did not make any

Adhaar, UIDAI

A (then) pan-masala chomping man notorious for putting down management theories, strategic thinking, and all the stuff that agencies thought was going to save them

Piyush Pandey

Tata Steel on Thursday said it has signed an agreement with Indian Oil Corporation Limited and its business associate to further reduce carbon footprint at its Ferro Alloys plant.
The agreement encompasses LPG supply, installation of LPG facilities, and the operation and maintenance of the same at the company's Ferro Alloys Plants in Gopalpur of Ganjam and Athagarh of Cuttack districts in Odisha, the steel major said in a statement.
Tata Steel has decided to transition from Furnace Oil and High-Speed Diesel to a more sustainable fuel option - Liquified Petroleum Gas (LPG) in response to the pressing environmental concerns and the global imperative to reduce carbon emissions.
This eco-friendly move is expected to bring about a considerable reduction in carbon emissions, it said.
Tata Steel's Ferro Alloys and Minerals Division Executive-In-Charge Pankaj Satija said, "The agreement, which is a part of our sustainability initiatives, will help us in reducing the carbon footprint at our

tata steelwork, tata, tata group

The competitive intensity is high in the lender segment, with banks, small finance banks and NBFCs including both specialised HFC and non-specilaised NBFCs active in the segment

housing, housing finance

Normal life is likely to be affected, especially in the southern part of the state, with pro-Kannada and farmers' organisations calling for Karnataka Bandh' on Friday to protest the release of Cauvery water to Tamil Nadu.
Kannada Okkuta', an umbrella organisation for Kannada outfits including factions of Karnataka Rakshana Vedike, Kannada Chalavali (Vatal Paksha) and various farmers' bodies have given a call for the statewide dawn-to-dusk shutdown.
There will be a massive protest procession from Town Hall to Freedom Park in the city, in which people from all walks of life are likely to participate, the organisers said.
They have said that the bandh is for the entire Karnataka and that they will try to shut highways, toll gates, rail services, and also airports.
The opposition BJP and JD(S) too have extended their support to the bandh, as also hotels, autorickshaws and hail riders associations in Karnataka.
"Autorickshaw Drivers' Union and Ola Uber Drivers and Owners' Association .

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India's top 75 brands have a combined brand value of $379 billion, a decline of 4 per cent from 2022

Soybean

Nearly 49% Marathwada land will cultivate soybean in Kharif season

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Soyoil prices surge to record high as Indonesia bans palm oil exports

China's Vice Premier reviews farm output, seeks more soybean production

Govt imposes stock holding limits on soymeal till June 2022 to tame prices

India's Nov oilmeal exports down 51% due to sluggish soybean export: SEA

Rising soybean rates cheer farmers, rattle poultry and oilseed extractors

Kharif sowing till July 9 down 10.45% over last year, water levels high

India May palm oil imports nearly doubles, soyoil jumps - trade body

Understanding the zero-sum game of the new agriculture infra cess

Soybean meal exports nearly triple to 26.8 mn tonnes in Dec on demand surge

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