Nestle India’s net profit down 4% in Q2, revenue up 16%
Nestle India posted a net profit of ₹515.34 crore in the second quarter ended June 30, down 4.3 per cent against ₹538.58 crore in the corresponding quarter of the previous fiscal. Revenue from operati...Read More
Agri-allied sectors augmenting farmers’ income: PM
Prime Minister Narendra Modi on Thursday said the Centre’s efforts to encourage agriculture-allied sectors such as animal husbandry and horticulture to increase farmers’ income, is finally bearing fru...Read More
Withdraw GST on milk products, say dairy farmers
Dairy farmers from States such as Haryana, Rajasthan, Uttar Pradesh and Kerala held protests here on Wednesday, urging the Centre to revoke the decision to impose a 5% GST on dairy products and 18% on...Read More
Traditional sweetmeats or Mithai not confectionery, to attract 5% GST
Traditional Indian sweets cannot be categorised as ‘confectionary’ and malai sweets too may be treated as sweetmeat for applicability of GST, according to the Madhya Pradesh Authority for Advance Ruli...Read More
Pashudhan: Buying And Selling of Cattle Goes Online in Gujarat
All cattle buying and selling will go digital as 36 lakh dairy farmers of Gujarat will seek to do business through a cattle trading platform. With Amul’s new venture. A breeder in say, Junagadh, will...Read More
Hatsun to increase milk collection in AP, Telangana and Maharashtra
Hatsun Agro Product Ltd.(HAP), a leading private sector dairy company in India with brands ‘Arokya’, ‘Hatsun’, ‘Arun Icecreams’, has announced its plans to expand procurement in Andhra Pradesh, Telang...Read More
GST impact ‘marginal’ on dairy, agro items: Finance Minister
Finance Ministry has said that the net impact of GST on various dairy and agro products would be ‘marginal’ because of Input Tax Credit. It also acknowledged receiving petitions for re-consideration o...Read More
NDDB Launches ‘NDDB Mrida Ltd’ for Manure Management
On the occasion, Rupala said NDDB Mrida Ltd will open avenues of additional income to dairy farmers from sale of slurry/dung. The savings to the farmers by virtue of replacement of cooking fuel with b...Read More
Assam: After fuel and LPG, milk set to get costlier in Guwahati
Greater Guwahati Go-Palak Sanstha, the leading organisation of dairy farmers in the city, on Monday announced that milk prices would be hiked by Rs four per litre from August 1, 2022. With the price...Read More
India to have fixed target for term loan in dairy sector
Animal Husbandry and Dairy Development Minister Prem Singh Patel on Saturday launched country’s first A-Help training programme in Bhopal. Pashu-Sakhis of the Self-Help Groups of the State Rural Livel...Read More
MoU inked to set up dairy project and logistics unit in Kerala
The Kerala State Industrial Development Corporation (KSIDC) has signed a memorandum of understanding with the Muralya Dairy Products (P) Ltd for setting up a dairy project and logistics unit in Ernaku...Read More
IPO is just part of a long-term play in dairy market: Dodla Dairy’s Reddys
Dodla MD Sunil Reddy (left) and BVK Reddy, the CEO with Anuradha SenGupta Dodla Dairy, which went public almost a year ago, is a Hyderabad-based milk and dairy products company that has focused on the...Read More