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.
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.
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.
30% likely fall in new crop: Coffee growers
A good crop is also predicted in Vietnam, the second largest coffee growing country.
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.
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.
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.
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