KARNATAKA COFFEE PRODUCTION
India coffee output to miss forecast after below-normal rains
India's Coffee Board has adjusted its coffee production outlook for the fiscal year concluding in March due to insufficient monsoon rains. The revised estimate stands at approximately 380,000 metric tons, a decrease from the previous prediction of over 400,000 tons.
These mid-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%, according to analysts
The last few weeks have made one thing clear. Oil prices, US bond yields, corporate earnings, and the state of the world – all point the same way. So, the market is more likely to stay in this jumpy and uncertain mood for quite some time. But then there is something called history, and it provides some interesting lessons.
Karnataka food safety officials inspect 45 ice cream units, seize expired products
Karnataka's Food Safety and Drug Administration Department conducted inspections of ice cream manufacturing units across the state. A total of 45 units were inspected, and 70 food samples were collected for testing. The authorities seized expired products from various establishments, including Savara Ice Cream Cafe and M N Enterprises. Deficiencies in labeling and unhygienic conditions were also reported at several units.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 20%
In times like these, the market will have its green and red days. What matters, however, is not the colour of a single day, but the things underneath it: The central bank, the fund flows, and, above all, corporate earnings. Watch those, stay patient, and forget the daily noise.
Meet ube, the purple yam hoping to become India’s next matcha
Ube, a purple yam from the Philippines, is gaining popularity in Indian cafes among younger consumers. Its vibrant color and unique flavor are attracting attention across various demographics. Chains like Starbucks have introduced ube products, expanding the flavor options available. However, challenges in sourcing fresh ube may affect consistency for cafes. Despite this, ube's versatility suggests it is here to stay in the market.
These mid-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%, according to analysts
What is needed in the markets these days is realism. Not fear or gloom, but a clear-eyed acceptance of where things actually stand. Realism means not hoping for things facts do not support. It means accepting that the next few months may be difficult: That earnings may disappoint, that prices may fall further. It also means planning for such a scenario instead of just hoping that it will go away.
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These large- and mid-cap stocks can give more than 20% return in 1 year, according to analysts
The next time you take some action in the stock market – whether it is buying or selling – ask yourself these questions: Why am I doing this? Is it because the news flow is bad? Or, because the company is in trouble? Or is it because the stock price has come down? Answering these questions honestly will probably help you make better decisions.
Short-term headwinds, long-term calm: 6 mid-cap stocks from different sectors with upside potential of up to 22%
This is not the time to expect that every stock you own will do well; or that you will make quick and easy gains. If you are entering the market, expect a bumpy ride. Don’t be shocked when a good stock falls for a while. And don’t be tempted into taking foolish risks while chasing returns the market is not offering right now. Lowering your expectations is not being negative. It is being realistic, and it protects you.
El Niño arrived early. Why its impact was felt from India to the Panama Canal
El Niño's early onset has triggered a cascade of atypical weather events worldwide. India faced not only monsoon challenges but also significant shifts in policy due to insufficient rainfall. Meanwhile, South America grappled with both severe flooding and drought conditions affecting the Amazon. Australia and Southeast Asia saw extended dry periods, increasing the threat of wildfires. Concurrently, global temperature records underscored the reality of a warming planet amid these disruptions.
Govt mulls FDI liberalisation in plantation sector
India is considering liberalizing foreign direct investment norms for plantations. More commercial crops like bananas could be included under this policy. The government aims to boost exports of bananas significantly in coming years. This move seeks to enhance India's global market share in banana production. Stakeholder consultations are currently underway for this proposed policy change.
For investors who can hold stocks for 1 to 2 years: 6 mid-cap stocks from different sectors with an upside potential up to 21%
The markets have been uncomfortable for some months now, with troubles originating largely from outside the country. Higher crude prices because of the Gulf conflict (which is always bad news for India); then a weak rupee; topped by FII selling. It is a phase that investors who entered the market post-Covid had never seen; it is certainly nothing like the 2020 to 2024 boom years. For all those feeling like this, go back in time and check what happened between 2009 and 2013. The situation was far worse than today. But things changed. As they will again. What has not changed are the ways to invest right.
Karnataka Chief Minister DK Shivakumar favours 543 LS seats, women's quota within old cap
Karnataka's Chief Minister DK Shivakumar urged the Southern Zonal Council to retain the 1971 census for delimitation. He also requested maintaining the Lok Sabha's strength at 543 for the next twenty-five years. Shivakumar sought to accommodate women's quota within the existing strength without delay. Southern states contribute significantly to the national economy and tax revenues. He also sought greater fiscal fairness from the central government.
Karnataka sanctioned Rs 25 crore for setting up 2,500 Akka Cafes, says M B Patil
Karnataka has sanctioned ₹25 crore to set up 2,500 coffee kiosks, called Akka Cafes, to be run by women entrepreneurs trained through self-help groups, Industries Minister M B Patil said. The initiative aims to strengthen the coffee value chain and support economic empowerment through job creation.
Bengaluru coffee prices to jump 15% after crop losses in Brazil and Vietnam; Recovery could take up to eight years, warn experts
Bengaluru will face a filter coffee price hike of 10-15% next month due to rising global coffee bean prices. Costs for Arabica coffee powder and milk are also increasing, causing restaurant owners to adjust prices. The surge is driven by crop losses in Brazil and Vietnam. Karnataka remains the largest coffee producer in India.
India seventh largest coffee producer in the world: Government
India has become the seventh-largest coffee producer globally, with exports nearly doubling to $1.29 billion in FY24. Major buyers include Italy, Belgium, and Russia. The Integrated Coffee Development Project is focusing on improving yields and expanding cultivation to strengthen the coffee industry. Domestic consumption rose to 91,000 tonnes in 2023.
Mirras Coffee to expand retail business to South this year
The Mirra Group of Companies was marketing filter coffee only in Chennai and Coimbatore at present. During this year, it would expand to Karnataka, Hyderabad and Kerala, the managing director of the company Sundar Subramanian told.
30% likely fall in new crop: Coffee growers
A good crop is also predicted in Vietnam, the second largest coffee growing country.
Post monsoon coffee output estimate 16% lower than earlier one
Among the states, major reduction in crop is reported from Karnataka.
Flood damage may slash India's coffee output by 20 per cent : Trade body
Some of the worst flooding in India in a century killed hundreds of people in the southern states of Kerala and Karnataka earlier this month, both of which account for more than 90 percent of the country's total coffee production.
Sluggish rain likely to lower coffee output by 8 per cent in 2016-17
The production fall is estimated in all coffee-growing districts in the state. Maximum fall is estimated to be in Kodagu, followed by Chikmagalur and Hassan.
This summer’s too hot for coffee
Searing heat in the absence of summer rains has destroyed large tracts of coffee plantation in Karnataka.
India's 2014-15 coffee output revised down by 4%
In Karnataka, Kodagu district experienced a maximum decline of 9,495 tonnes both in arabica and robusta, followed by Chikmagalur and Hassan districts.
What's brewing? Andhra Pradesh wants to be top coffee producer
Andhra Pradesh Chief Minister N Chandrababu Naidu today directed officials to evolve ways to make the state a major producer of coffee.
Indian coffee crop expands
The Coffee Board estimates a 9% rise in coffee crop in 2013-14
Post blossom coffee crop of 2013-14 pegged at 3.47 lakh tonne
Coffee Board has estimated the post blossom coffee crop for 2013-14 at 3.47 lakh tonne, an increase of 9.05% ( 28,800 tonne) over the final estimate of last year.
Replantation scheme likely for corporates, cooperatives
Government is in an advanced stage of considering a proposal to increase the cost of replanting in coffee estates and subsidy limits and also open up the scheme to cooperatives and corporates.
Tea forum chiefs to seek PM's help in declaring tea as national drink
With Union ministry turning down the demand for declaring tea the national drink, tea associations will seek PM's intervention.
Coffee growers now look beyond K'taka
Although coffee cultivation began in India in Karnataka and has remained typically a south-based product, there have been efforts to popularise this crop in other parts.
Coffee plantation being popularised in Northern India
Efforts are being made to popularize coffee plantation in North India.
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