Professional Documents
Culture Documents
BY- TEAM- 1
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AGRICULTURE
INDUSTRY
By-Vineet Kumar
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GLOBAL TEA PRODUCTION TO SEE A
DECLINE IN 2017
Description Analysis
This is primarily due to crop Soaring global demand
losses in Kenya, which supply shortage
accounts for around 16% of
Continuation of upward
global black tea
price trajectory
production
The Sri Lankan crop levels,
which contribute around
10% of global tea
productions are also low
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GOVERNMENT ALLOWS EXPORT OF TUR,
MOONG AND URAD AFTER A DECADE
Description Analysis
India had banned export of Income growth of Farmers
pulses in 2006, which was
Expand sowing area
extended from time to time
Correct price distortion
Traders had been
demanding opening up of Attract investors
exports for about a year
now
TOP COTTON BUYERS FLOCK TO INDIA 5
AS HURRICANES HIT US CROP
Description Analysis
Fierce storms in the United Bumper harvest keep the
States, the biggest exporter rates lower
of the fibre, affected the
Attractive price encourage
size and quality of the crop
most foreign buyers to turn
India sealed deals to sell to India
about a million bales to
Increases the India's export
China, Taiwan, Vietnam,
Pakistan, Bangladesh and
Indonesia
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GOVERNMENT LAUNCHES NEGOTIABLE
WAREHOUSING RECEIPTS IN E-FORMAT
Description Analysis
A warehouse receipt is a Electronic warehouse receipts
document that provides proof of are simply computer records of
ownership of commodities that
are stored in a warehouse all of the information which is
required to appear on a paper
It is a silent revolution is underway warehouse receipt
in Indian agriculture in the form
of warehouse receipt finance Users can instantly sort the entire
More and more farmers are using history of electronic warehouse
warehousing receipts as a tool to receipts and import information
meet their working capital and into accounting software and
consumption needs after the third-party applications such as
harvest season Microsoft Excel.
As against traditional loans by
banks, loans against WR are This will also stop farmers from
quick. taking multiple bank loans on a
single receipt
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FOOD INDUSTRY
Description Analysis
Prices of most food items It push countries whole sale
are expected to be stable price inflation.
this festive season due to
It generate price pressure in
ample stocks.
the long run.
Good global supply
situation while sugar prices
are likely to remain firm in
the month ahead.
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INNOVATE FOODS TO OPEN PLANT BY
DEC IN CHITTOOR FOOD PARK
Description Analysis
Cochin- based innovative Drive growth and double
foods, which markets frozen companies turnover
foods under the brand
Brings new partners for their
Sumeru
B2B Segments
It setting up its second
manufacturing facility with
a capacity of 300 tons in
chittoor district of Andhra
Pradesh after Kochi
The facility is expected to
be operational by the end
of the year
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INDIA SEEKS PARTNERSHIP WITH US
FOOD PROCESSING COMPANIES
Description Analysis
India wants to forge Upgrade Indian food
partnership with America's system
food processing sector
Bring Technologies & best
To bring the best practice practices
of the world into its food
Indian companies expand
value chain which
their footprints to newer
processes only 10 percent
markets of foreign countries
of huge raw material base
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TELECOM INDUSTRY
Description Analysis
Description
The company is also testing its 5G-ready products with Airtel,
Vodafone and BSNL
Analysis
It will create employment opportunity
5G has Economic Benefit
It will also create an opportunity for mobile manufacturing
company
It will be the major disruption in Telecom
This will lead to help the government make a renewed
push in cashless economy campaign
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TELECOM FIRMS UNDER STRESS AND CAN
DEFAULT ON LOANS
Description Analysis
STEEL INDUSTRY
Description Analysis
Commercial banks are It will help to maintain the
hopeful of taking a lower Balance of payment
haircut on resolution of It will control dumping
stressed assets in the sector
Improve the worthiness or
The IBC 2016 will curb the creditability
number of long pending Economic growth
cases substantially
Proper utilization of limited
resources
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SAIL TO REGAIN ITS POSITION AS
COUNTRY'S LARGEST STEEL PRODUCER
Description Analysis
The construction of Blast Increase export and
Furnace-8 installed in Bhilai decrease import
Steel Plant has been
completed Provide employment
Description Analysis
30 % of coal available in Attract and encourage
India as identified or foreign investor
categorized as thermal Enhance the strength of
coal can be converted into domestic player
coking coal Opportunity for investor and
new player
The country would be
saving about Rs 10,000- Enhance the credit rating of
12,000 Cr. of foreign the industry
currency Lower haircut
POLITICAL 19
NEWS NOT CHANGING INDIA, BUT
BUILDING A NEW INDIA
I DO WHAT I DO
THANK YOU