Dairy stocks rally up to 7% in volatile market; here’s why
Shares of dairy companies such as Umang Dairies, Parag Milk Foods, Dodla Dairy, Heritage Foods, and Hatsun Agro surged up to 7% on Tuesday after Mother Dairy hiked milk prices. Mother Dairy, one of the major suppliers of milk in Delhi-NCR, has increased milk prices by ₹2 per litre, effective from today, citing a rise in…
49th Dairy Industry Conference from 16-18th March 2023 launched
Invitation to register/participate/attend 49th DIC 2023 at Gandhi Nagar from 16th to 18th March 2023
Climate change. Why India refused to sign the ‘Methane Pledge
Much to the chagrin of the developed world, India has been a tough, unrelenting negotiator at the climate negotiations. In the 2021 Conference of Parties at Glasgow (COP26), India dug its heels in and got the wording of the text on coal changed from “phase out” to “phase down”. This nuanced semantic shift may not…
Mother Dairy to hike milk prices by ₹ 2 per litre from Tuesday
Leading dairy player Mother Dairy has decided to increase milk prices by ₹2 per litre in the Delhi-NCR region effective Tuesday. The company said this was being done in response to the sharp increase in procurement prices of raw milk over last year by 24 per cent. This is the fifth round of price hike…
Telangana attracted big investments from major corporate giants in 2022
Be it aerospace, dairy, IT, pharma, automobile or other sectors, Telangana has attracted investments from major corporate giants in 2022 and more seems to be in store before this fiscal year ends. This year, to date, a staggering Rs 19,630 crore worth of investments have landed in Telangana, providing employment to over 70,000 people. In…
How to revive low-volume growth in India’s consumption economy
The year 2023 brings an ocean of challenges and opportunities for India. Budget 2023 is even more crucial as it coincides with India’s G20 supremacy. India has done a commendable job as compared to other member countries with the highest GDP growth and the lowest inflation. However, the fear of an impending recession is still…
Why camels’ number declining in India
A water canal project and better road connectivity in a State like Rajasthan seem to be the reasons for the decline in the number of camels in the country, if the reply in the Lok Sabha is any indication. In a reply in the Lok Sabha, Narendra Singh Tomar, Union Minister of Agriculture and Farmers…
November saw moderation in inflation but not in all the states
Retail inflation measured by the year-on-year change in Consumer Price Index (CPI) moderated sharply to 5.88 percent in November from 6.7 percent in October. This is the first print below 6 per cent, the upper threshold since January this year. The decline was due to moderation in food prices. Food prices eased on account of…
Breast milk sales picking up in India. Is it dairy or Ayurveda?
Imagine a 15 ml bottle, the size of an eye drop medicine, or those shampoo sachets commonly found in neighbourhood shops. Now imagine these bottles and sachets carrying breast milk for newborns without the need to put them in freezers. The childcare industry in India has new entrants. And this time, they claim they are not…
Dairy sector to create more jobs: Naveen Patnaik
Dairy sector in India is witnessing a big growth and it has the potential to create huge job opportunities in rural areas and provide additional income support to farmers, said Chief Minister Naveen Patnaik at the opening ceremony of the two-day Dairy Summit-2022 organised in Balangir district recently. The chief minister in his message highlighted that…