The news reports that the southwest monsoon has covered the entire country nine days ahead of its normal onset date. This early progression is a significant development for India's agricultural sector, which relies heavily on monsoon rains for crop production, livestock support, and rural livelihoods.
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August 31 Key Highlights In 2024, the Philippines imported agricultural products worth about USD 20 billion, with staples like semi-milled rice, wheat, oilcake, food preparations, and palm oil among the top imports. India contributed approximately USD 413 million in agri-product exports to the Philippines, making up just 2% of the country's total agricultural imports. Major exports included bovine meat, groundnut, rice, and tobacco. It shows huge untapped opportunity in rice exports. The Philippines imported USD...
June 18 WHAT? The National Agriculture Code (NAC) is a comprehensive framework being developed by the Bureau of Indian Standards (BIS), India’s national standards body under the Ministry of Consumer Affairs, Food and Public Distribution, established under the BIS Act, 2016. Modeled after the National Building Code (NBC) of 2016 and the National Electrical Code (NEC) of 2023, the NAC aims to establish standardized guidelines for agricultural practices across the entire agricultural cycle. Announced in...
June 10 ABOUT COMPANY Oswal Pumps Limited, based in Karnal, Haryana, is a leading Indian manufacturer of pumps and motors, specializing in solar-powered and grid-connected solutions. Founded in 2003, the company has carved a niche in the renewable energy and agricultural sectors under the ‘Oswal’ brand. Business Overview Products: Solar pumps, submersible pumps, monoblock pumps, electric motors, and solar modules. They cater to agricultural, residential, commercial, and industrial...
June 10 DATA ON SPICES EXPORTS Value and Growth: India's spice exports reached $4.72 billion in FY 2024-25, a 6% increase from $4.46 billion in FY 2023-24, marking a record high. In the first half (April-September 2024), exports were valued at ₹17,488 crore ($2.09 billion), up 8.8% from ₹16,065 crore ($1.95 billion) the previous year. Export Goal: The target for FY 2024-25 is $4.7 billion, with an ambitious goal of $10 billion by 2030 and reach $25 billion by 2047, leveraging its position as the largest producer and...
May 27 SUMMARY India has launched the Bharat Forecast System (BFS), an advanced, indigenously developed weather prediction model designed to enhance the accuracy and timeliness of forecasts across the country. Developed by the Indian Institute of Tropical Meteorology (IITM) in Pune, BFS became operational in May 2025 after three years of rigorous testing since its inception in 2022. Key Features of the Bharat Forecast System High-Resolution Forecasting: BFS operates on a 6 km x 6 km grid, doubling the...
April 26 Stock pickers in some of Asia's key markets are being pounded by a series of extreme weather events, from heatwaves to flooding, signalling the difficulties ahead as El Nino-related risks rise and climate change accelerates. Extreme weather has always been part of the cost of doing business by the frequency of such events is increasing. The volatility linked to them isn't limited to just Asia, but it certainly the region where the impact on stock markets has been outsized so far this year. India's...
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