Agriculture Ministry inks MoU with 5 firms

The Union Ministry of Agriculture and Farmers’ Welfare on Tuesday signed 5 memorandums of understanding (MoUs) for pilot projects with five private companies­ CISCO, Ninjacart, Jio Platforms Limited, ITC Limited and NCDEX e-Markets Limited (NeML). According to the Agriculture Ministry, Jio Platforms Limited will…

India Pesticides IPO subscribed 4.79 times so far on last day

The initial public offering (IPO) of India Pesticides, one of India’s leading agrochemical manufacturers, has been subscribed 4.79 times so far on June 25, the last day of the bidding process. The public issue received bids for 9.25 crore equity shares against the IPO size of 1.93 crore equity shares. The portion…

Global food import costs to surge 12% to record this year: FAO

Global food import costs are expected to rise 12 percent in 2021 to a record due to surging commodity prices and robust demand during the COVID-19 crisis, the United Nations food agency said. The world’s food import bill, including shipping costs, is projected to reach USD 1.715 trillion this year, from USD 1.530…

Kerala youngster’s soil less gardening experiment

Anas Nasser from Aluva broke out a new organic material such as coco peat, banana stem pulp and other plant-based matter to serve as an alternate for the soil in farming. Anas Nasser had special interest over gardening from his childhood, having been working with an IT start-up for a while ,the MBA Graduate felt…