AGRO COMMODITIES
No water to sow, no respite at the grocery store: India's prolonged food inflation worry
Indian farmers face challenges in sowing winter crops amid dwindling water supplies from a weak monsoon. Amarsingh Gushinge's village experiences a significant rainfall deficit, impacting crop planting decisions. Food inflation could worsen as key staples see rising prices, aggravating the economic strain on households. The Reserve Bank of India may respond with interest rate hikes to combat rising inflationary pressures.
CKK Retail Mart proposes a 5:1 bonus issue; increase in authorised capital
CKK Retail Mart has announced plans to issue bonus shares in a ratio of 5:1 for existing shareholders. The company intends to increase its authorised share capital significantly from Rs 20 crore to Rs 117 crore.
Godrej Industries Group, Malaysian delegation discuss cooperation in oil palm innovation and business
Discussions covered areas of mutual interest across the Group’s businesses, particularly oil palm innovation and the household insecticides sector.
Dividend alert! Last day to buy Cochin Shipyard, LT Foods among nearly 90 stocks for dividends. Do you own any?
On September 18, ninety companies will observe their dividend record date, and investors must acquire shares prior to this date to be eligible. Notably, Victoria Mills is set to provide the largest dividend at fifty rupees per share. Additionally, numerous companies have shared their dividend announcements, offering a last chance for investors to capitalize on these payouts.
Dividends and stock splits: Hindustan Copper, Cochin Shipyard among 200+ stocks with record dates this week. Check full list
Over 90 companies have fixed September 18 as the record date for dividends and other corporate actions. Victoria Mills leads with a Rs 50 per share dividend, followed by Sharda Motor Industries at Rs 20. The list also includes several companies announcing dividends, while Oriana Power and Kairosoft Ai Solutions have set record dates for stock splits.
Arunachal Pradesh CM Pema Khandu sees big market for Arunachal’s farm, fisheries produce
Arunachal Pradesh Chief Minister Pema Khandu inaugurated a new agriculture information hub and farmers' hostel. He also flagged off e-vehicles to enhance fish farmer market access. The state government prioritizes agriculture and allied sectors for sustainable livelihoods. Initiatives aim to improve farmer knowledge, market linkages, and value addition. The government is also promoting cooperative movements and institutional financing for entrepreneurs.
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Adon Agro Commodities IPO: GMP among key details to know before subscription
Investors can bid for a minimum of 4,000 shares, requiring an investment of Rs 2.8 lakh at the upper end of the price band. Galactico Corporate Services is the book-running lead manager, while KFin Technologies is the registrar to the issue.
Buy gold on dips around Rs 22,815 to 22,830 with a stop loss of Rs 22785: Ram Pitre, Head Research, ITI Ltd
In an interview with ET Now, Ram Pitre, Head Research, ITI Ltd, gives his outlook on agro and non-agro commodities.
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