About us | Contact us | Advertising with us | Terms of use and privacy notice | RSS Feed RSS
Register here  | Login
businessnew24hr.com Texas Ventures
Agriculture
With domestic demand for broiler meat and eggs into an overdrive, the Indian poultry industry is likely to cross $ 26.84 billion (Rs 1.32 lakh crore) mark by 2015, apex industry body ASSOCHAM said today. Growing at about 20 per cent annually the domestic poultry market is currently estimated at about $ 9.9 billion (Rs 49,000 crore), highlights a study on ‘Trends In Domestic Poultry Segment’ undertaken by The Associated Chambers of Commerce and Industry of India (ASSOCHAM).

“Driven by rising purchasing power, changing food habits, contract poultry farming and rapid urbanisation are certain k

Indian government to enact Food Security Act to provide guarantee food to all citizens
Minister of Consumer Affairs, Food & Public Distribution Prof K.V Thomas has said that the Indian Government is committed to enactment of the National Food Security Act to provide a statutory framework for assured food security to all . Addressing the Inaugural Session of a seminar organised by International Rice Research Institute (IRRI) here today, the Minister said that the proposed legislation would be a paradigm shift in approach towards food security - from welfare based to rights based approach, involving legal obligation on the Government to deliver food entitlements. It will be a comp
FAO says volatile food prices may continue for sometime
Food price volatility featuring high prices is likely to continue and possibly increase, making poor farmers, consumers and countries more vulnerable to poverty and food insecurity, the United Nations' three Rome-based agencies said in the global hunger report published today.
FAO’s best estimate of the number of hungry people for 2010 remains at 925 million. For the 2006-2008 period FAO calculates the number of hungry at 850 million. The methodology FAO uses for calculating the prevalence of hunger is currently under revision, so no estimates have been produced for 2011.

Small, import-
image India’s wheat production to touch 86 million tonnes
Agriculture Secretary of Government of India, P K Basu has said that wheat production might touch an all-time high of 86 million tonnes this rabi season as crop prospects look bright on account of a good monsoon. Talking to reporters in New Delhi, he said wheat crop prospects are expected to be encouraging as reports say there will be abundant sunshine and no pest menace in wheat fields during the rabi season.

The target set by government for wheat production for this year is 84 million tonnes. Basu said
image Farm loan disbursal to exceed to touch $105 billion (Rs 5.20 lakh cr) in view of good monsson say NABARD
India's National Bank for Agriculture and Rural Development, NABARD, said that it expects to achieve farm loan disbursal is of $ 105 billion (Rs. 5.20 lakh crore) rupees against the target of 4.75 lakh crore rupees in this fiscal in view of good monsoon.

Nabard Chairman Prakash Bakshi said in New Delhi that based on the data available for the first four months, it is expected that the farm loans will rise and cross the target. He said, the agriculture credit disbursal had increased to over $ 96 billion (Rs. 4.26 lakh crore) rupees in the
image Indian govt makes contingency plan to produce 2.78 million tonne (MT) additional Pulses in 2011-12
Indian government has prepared a contingency plan for additional production of pulses in Rabi 2011-12 through area expansion and productivity enhancement. Pulses covered under the scheme are pigeon pea, gram, pea and lentil. It is targeted to achieve an additional production of 2.78 MT during the ensuing Rabi season and offset the loss of Kharif season. The production and productivity of pulses have increased during last three-four years from 14.20 MT in 2006-07 to 14.66 MT during 2009-10. Likewise the productivity of pulses has also increased from 612kg/ha during 2006-07 to 630 kg/ha during
image Good monsoon helps increase agriculture acreage in India
As per data released by the Indian government, rice has been sown in 38.1 million hectare as on today. It represents an increase of 3.35 million hectare over last year’s acreage on this date. Higher area coverage has been reported from West Bengal, Bihar, Jharkhand, Uttar Pradesh, Madhya Pradesh and Tamil Nadu.

Oilseeds have been sown in 17.86 million hectare, 558,000 hectare more than last year. Higher area coverage has been reported in Maharashtra, Madhya Pradesh, Rajasthan and Uttar Pradesh.

Coarse cereals have been sown in 20.02 million hectare. Higher area coverage has been report
See news archives
Dotnet Techy Professionals to Professionals
Economy
India's factory output crashes to 5.1 per cent for October month
India’s food inflation declines to 8 percent on account of low onion and potato prices
Indian to increase the Port Capacity by 236.63 million tons per year
Texas Ventures and CODISSAI organize Global Cluster Manufacturing Vision 2020 Conference
India’s factory output falls to 1.9 per cent in September
India’s food inflation continues double digit growth at 11.81 percent
Encourage private sector investments for power generation in 12th Plan: ASSOCHAM
India, China to be world’s largest trading partners by 2030 says India’s industry association ASSOCHAM
ASSOCHAM proposes strategy to achieve double digit growth in the Indian state of West Bengal
India’s domestic car sales takes downward trajectory, dips by 24%
Texas Ventures
Markets
Global stocks markets shaky even as Italy votes on austerity measures
Global stock markets uncertain amid reports of dwindling Italian economy and Eurozone crisis
Global stocks mixed even after France and Germany assure steps to recapitalize banks
US, Europe, Singapore, India stocks rise, Hong Kong and China decline
Stocks in China, Hang Kong fall, Singapore and Indian stock markets rise
US stocks end lower, European and Asian stocks close week on a high
Asian markets end mostly flat due to continued Eurozone crisis
European stocks lower in midday trading
Another lackluster day for Asian stocks markets amid Greek debt uncertainty
US stock markets fell sharply on fears of a Greek default
Kaspersky Anti-Virus 2011
Companies
Texas Ventures and CODISSAI organize Global Cluster Manufacturing Vision 2020 Conference
TCS wins $2.2 billion contract with Friends Life
India’s domestic car sales takes downward trajectory, dips by 24%
Vodafone beats analyst estimates, raises full year operating profits to £ 11.8 billion
Wipro Technologies wins IT engagement with Premier Foods of UK
Wipro named as one of the global top companies for Leaders by Aon Hewitt, The RBL Group and Fortune
KEC International adds new orders worth Rs. 400 crore
United Health Group selects HCL as a Preferred Partner for ICD-10 Transition
J Kumar Infraprojects wins Rs 600 crore new project
NTPC to provide O & M services for Siddhirganj Power Plant in Bangladesh
Lifestyle
Hilton opens new hotel in Delhi
A true American innovator – Steve Jobs (1955-2011)
Denmark to tax foods that are high in saturated fat
Paris begins trial of electric cars on sharing basis
CNG can save up to Rs. 8,000 in a month: ASSOCHAM
Zara benefits from global expansion, profits rise
Bosch Siemens launch home appliances in India
HTC unveils news smart phone Rhyme
DRDO launches herbal care product for leucoderma
Motorola Xoom update