Oilmeals export fell 67 per cent to 1.7 lakh tonne in December with Indian products being uncompetitive in the global market, according to industry body SEA. In a statement, the Solvent Extractors’ Association of India (SEA) said 1,70,338 tonne of oilmeals were exported in December 2021 compared to 5,16,006 tonne in the year-ago period. The fall in exports is mainly due to decline in export of soybean and rapeseed meal, it added. The overall export of oilmeals during April-December 2021 fell 28 per cent at 17,66,687 tonne as compared to 24,67,564 tonne in the corresponding period of the previous year. "Soybean crush margins in India are currently squeezed by pressure on meal prices and relatively high price expectation of farmers for soybean seed which is currently quoted over Rs 6,300 per quintal," SEA said. At present, the association pointed out that India is outpriced for soybean meal export. The prices of ex. Kandla are quoted at USD 750 against Brazil origin USD 535 … [Read more...] about Oilmeals export down 67% to 1.7 lakh tonne last month; 28% fall in April-December
5 lakh to 15 lakh shop sale in ahmedabad
Source: AP India saw a single-day rise of 2,58,089 new coronavirus infections taking the tally of cases to 3,73,80,253, which included 8,209 cases of the Omicron variant detected so far, according to data updated by the Union Health Ministry on Monday. A total of 8,209 cases of the Omicron variant have been detected across 29 states and union territories, out of which 3,109 have recovered or migrated. Maharashtra recorded the maximum 1,738 cases of the Omicron variant, followed by West Bengal 1,672, Rajasthan 1,276, Delhi 549, Karnataka 548 and Kerala 536 cases. According to experts, it is not possible to undertake genome sequencing of each and every sample but this current wave is largely being driven by Omicron. The number of active COVID-19 cases have increased to 16,56,341, the highest in around 230 days, while the death toll has climbed to 4,86,451 with 385 daily fatalities, the data updated at 8 am stated. Close COVID-19 Vaccine Frequently Asked … [Read more...] about Coronavirus Update | India records 2,58,089 new COVID-19 cases, 385 deaths; positivity rate 19.65%
PHUKET TOWN: The Managing Director of Phuket Town’s famed Super Cheap emporium admitted to being furious today about what he sees as a venomous whispering campaign, probably inspired by business rivals. The story going the rounds yesterday and today was that a 40-year-old woman shopping at Super Cheap went to take onions from a display in the vegetables section. As she dug around for good ones, she felt a sharp pain on the back of her hand. Thinking she had been bitten by a particularly nasty ant, the shopper went to buy some mentholated balm to alleviate the pain. As she handed her money to the cashier, she collapsed. The woman was rushed to hospital, the reports said, but died on the way of what was subsequently found to have been the bite of a king cobra. According to the stories, staff of Super Cheap, investigating later, found a nest of about 70 cobra eggs in the bottom of the onion display. All concluded that the biter must have been a mamma hamadryad, defending her brood from … [Read more...] about Cobra tale ‘poisonous nonsense&’ – Super Cheap
Share to Twitter Share to Linkedin The Australian Open (“AO”) is one of the year’s premier professional tennis events with a global viewership of nearly one billion viewers. This year, in partnership with Tennis Australia and Decentraland, the Australian Open is fully immersing itself in the world of NFTs and the metaverse. "We had over 812,000 people attend AO2020 - which was a record year for us. Numbers were understandably down in 2021, however we're seeing fantastic ticket sales in the lead up to AO2022. We're certainly seeing a drive from Melbournians to return to live sport and we can't wait to see hundreds of thousands of people back in the precinct enjoying the AO's festival of sport and entertainment," said Cedric Cornelis, Tennis Australia Chief Commercial Officer Metaverses such as Decentraland and Sandbox are virtual worlds where users can own, develop, and interact with digital land through their VR headsets or internet browsers. These crypto and … [Read more...] about The Australian Open Swings Into The Metaverse, Will It Be An Ace?
Near-term economic prospects have brightened on hopes that the surge in COVID-19 cases caused by the Omicron variant may only be a "flash flood" and not a wave, according to staff of the Reserve Bank of India (RBI). "As the world stepped into the new year, the path of the recovery in India as in the rest of the global economy encountered headwinds from a rapid surge in infections due to Omicron," RBI staff wrote in their monthly State of the Economy article, released on January 17. "More recently, expectations that Omicron may turn out to be more of a flash flood than a wave have brightened near-term prospects," the article added. The article, authored by staff from various departments of the RBI, does not necessarily represent the views of the central bank. The rapid increase in daily infections starting late December 2021 forced the re-imposition of restrictions on movement and activity in several parts of the country. However, daily new cases are already showing a … [Read more...] about Near-term economic prospects brighter on hopes Omicron a flash flood, not wave, RBI staff say