Switzerland suspends MFN status for India under DTAA
Switzerland has suspended the most favoured nation (MFN) status granted to India following an adverse court ruling against Nestle. This means increased tax liabilities for Indian entities operating in Switzerland. From January 1, Indian companies will be subject to a higher withholding tax on income generated in Switzerland. tax demand on mncs The decision follows…
India used 114 mg of antibiotics for every kg of meat in 2020
For humanity, antibiotics are a huge blessing. Antibiotics have saved millions of lives from bacterial infections. However, there is growing concern that these bacteria will become resistant to the drugs we use against them. When we think about antimicrobial resistance, we often focus on what drugs humans take. We might not even consider the use…
IDFA Shares U.S. Dairy’s Priorities With Trump
The International Dairy Foods Association (IDFA) is sharing a comprehensive set of federal policy priorities that have been sent to President-Elect Trump’s transition team. IDFA President and CEO Michael Dykes, D.V.M., said IDFA and its more than 300 members are looking to the new administration to help U.S. dairy drive innovation, reduce barriers to business…
Animal Husbandry Key to India’s Economy: Chouhan
Union Minister Shivraj Singh Chouhan said agriculture is the backbone of India’s economy and along with animal husbandry it will have an important role as the country is poised to become the world’s third-largest economy in the near future. Batting for crop diversification, Chouhan said farming of fruits, flowers, medicinal plants, agroforestry, animal husbandry,…
Chhattisgarh to ink MoU with NDDB for dairy development
The Chhattisgarh government has decided to sign an agreement with the National Dairy Development Board (NDDB) for promoting dairy entrepreneurship in the state. The decision was taken at the cabinet meeting held here on Wednesday. The meeting was chaired by Chief Minister Vishnu Deo Sai. “To promote dairy entrepreneurship in the state of…
Milk powder, whey create headwinds for U.S. dairy exports
Unfavorable prices for milk powder and low-protein whey created hurdles for buyers of U.S. dairy exports in October. Cheese continued to impress. U.S. dairy exports declined 2% year over year in milk solid equivalents (MSE) during the month of October, the result of slow sales to Southeast Asia despite another month of mounting cheese exports….
UP dairy trader caught making 500 litre fake milk
A businessman in Uttar Pradesh’s Bulandshahr has been held after he created 500 litres of fake milk using one litre of chemicals. According to the authorities, Ajay Agarwal–the owner of Agarwal traders who deal in milk and milk products–would mix artificial sweeteners and flavours in the chemicals to make it seem like real milk. He…
Global dairy Q4 2024 Rabo bank: A period of prosperity
The second half of 2024 marks a turning point for milk supply growth across the Big 7 export regions. Year-over-year production gains are forecast at 0.5%, offsetting the 0.5% YOY decline in 2H 2023. Combined seasonal peaks in Oceania, the largest in over a decade, underpin 2H 2024 gains. Supply growth in the Big 7…
Milk producers in Krishnagiri demands raise in milkprice
Members of the Tamil Nadu Milk Producers’ Association (TNMPA) held a protest with milch cows, over rising production costs, in front of the Aavin office in Uthangarai on Monday. Similar protests were held across the state. Annamalai Lenin, district secretary, TNMPA said, “The cost of producing one litre of milk has increased from 36 to…
Medha Dairy farmers will get Rs 5/Liter milk subsidy in Jharkhand
Shilpi Neha Tirkey, the newly appointed minister of Agriculture, Animal Husbandry, and Cooperation department, on Monday announced hike in ncentive to milk farmers by Rs two per litre of milk to boost production and increase in farmers’ income. She said, “Currently, state gives an incentive of Rs 3 per litre to milk producers affiliated to…