Latest news with #Agrawal
Hans India
5 hours ago
- Business
- Hans India
India is fast becoming a global hub of agri education: Ex-ICAR Dy D-G
Dr R C Agrawal, former Deputy Director General of the Indian Council of Agricultural Research (ICAR), highlighted that Indian agricultural education is becoming a global hub, with continually rising standards. He urged students to recognize the importance of agricultural education in achieving the goals of Viksit Bharat and Atmanirbhar Bharat. He noted that the world is now looking to Indian agricultural education and encouraged students to embrace innovation. Speaking as the chief guest at the 'Workshop on Agricultural Education and Opportunities' held at the Horticulture College in Rajendranagar, he highlighted the crucial role that agro-based start-up industries play in India's ambition to become a 5 trillion USD economic powerhouse. Dr. Agrawal also pointed out that the application of Artificial Intelligence is expected to drive a rural revolution in the future, improving farmers' income sources. He predicted that by 2029, opportunities in this sector would reach a value of 6.58 billion USD, with a compound annual growth rate (CAGR) of 24.8 percent. forecasted that by 2040, there will be 1.77 million job opportunities in agriculture, with an annual increase of over 8 percent. Dr Danda Rajireddy, Vice Chancellor of Sri Konda Laxman Telangana Horticultural University (SKLTHU), stated that universities are being equipped with the necessary infrastructure, thanks to support from the Indian Council of Agricultural Research and the state government. He affirmed that the standards of Indian agricultural education are now competitive globally.
Time of India
14 hours ago
- Business
- Time of India
‘Friendship' with 4 women costs bizman 80L in 2 wks
Mumbai: A city businessman's friendship with four women in two weeks through a social media platform cost him Rs 80 lakh. The four women, who contacted him separately, befriended him before convincing him to invest in dollar trading for high returns. They told him that they would trade on his behalf, and gained his confidence by sharing fake profit screenshots. The businessman, in his 50s, sent money in 36 transactions to various accounts provided by the accused persons. He lodged an FIR with the south cyber crime police station, stating the crime occurred between May 16 and June 1. A team led by senior inspector Nandkumar Gopale is probing the case. The businessman told the police that on May 16, while he was surfing the internet, he saw the profile of one Nitya Agrawal on Facebook. She contacted him and claimed she was from an import-export company. Agrawal began chatting with him and shared her WhatsApp number too. She inquired about his business, and he gave her information about it. She told him that she would give him work in her company's joint venture. She then suggested he invest in dollar trading for high returns. When he said he knew nothing about it, Agrawal sent him a link to download an app. He was given a login ID and a password to access the app. He began investing and could see the status of his investment and profit in the app. She gave him various bank account numbers and asked him to send money, claiming they would do dollar trading for him. She also sent Rs 2 lakh to his account to gain his trust. On the same day, he saw the profile of one Dipti Kulkarni, a property dealer. She contacted him, shared her WhatsApp number, and befriended him. She also convinced him to invest in dollar trading, and sent him a link. He was then asked to download an app, and given account numbers to send money. She said she would do trading for him. He sent her money. On May 17, the businessman came across the profile of one Ruchika Bhatt, a property dealer, who began chatting with him and asked him to invest in dollar trading. She also shared her family photo. Similarly, on May 21, he saw the profile of one Aniya Roy, who contacted him and suggested he invest in dollar trading. He followed her instructions, but he asked for his money, the women told him to pay more. The businessman then asked his son to assess the veracity of the apps. After realising that he had been cheated, he lodged an FIR.
Time of India
20 hours ago
- Business
- Time of India
Friendship with 4 women costs Mumbai bizman Rs 80 lakh in two weeks
Mumbai: A city businessman's friendship with four women in two weeks through a social media platform cost him dearly. The four women, who contacted him separately, convinced him to invest in dollar trading for high returns, assuring him they would trade on his behalf. They shared fake profit screenshots with him and duped him of nearly Rs 80 lakh. The businessman, in his 50s, sent money in 36 transactions to various accounts provided by the accused persons. He lodged an FIR with the south cyber crime police station, stating the crime occurred between May 16 and June 1. A team led by senior inspector Nandkumar Gopale is probing the case. The businessman told the police that on May 16, while he was surfing the internet, he saw the profile of one Nitya Agrawal on Facebook. She contacted him and claimed she was from an import-export company. Agrawal began chatting with him and shared her WhatsApp number too. She inquired about his business, and he gave her information about it. She told him that she would give him work in her company's joint venture. She then suggested he invest in dollar trading for high returns. He said he had no knowledge about it. Agrawal sent him a link to download an app. He was given a login ID and a password to access the app. He began investing and could see his investment and profit in the app. She gave him various bank account numbers and asked him to send money, claiming they would do dollar trading for him. She also sent Rs two lakh to his account and gained his trust. She would send him screenshots of the trading and profit they ensured for him. On the same day, he saw the profile of one Dipti Kulkarni, a property dealer. She contacted him, shared her WhatsApp number, and befriended him. She also convinced him to invest in dollar trading, sent him a link, asked him to download an app, and gave account numbers to send money. She said she would do trading for him. He sent her money. Similarly, on May 17, he came across the profile of one Ruchika Bhatt, a property dealer, who began chatting with him and asked him to invest in dollar trading. She also shared her family photo. On May 21, he saw the profile of another woman, Aniya Roy, who contacted him and suggested he invest in dollar trading. He invested. When he asked for his money, the women told him to pay more. The businessman then asked his son to check it. After examining the apps, the son told his father he was cheated. The businessman then lodged an FIR, saying he was duped of Rs 79.14 lakh.
Business Insider
a day ago
- Business
- Business Insider
Morgan Stanley Keeps Their Hold Rating on RS Group PLC (RS1)
In a report released today, Anvesh Agrawal from Morgan Stanley maintained a Hold rating on RS Group PLC (RS1 – Research Report), with a price target of £7.70. The company's shares closed today at p555.50. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Agrawal is a 3-star analyst with an average return of 3.4% and a 48.65% success rate. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for RS Group PLC with a p767.14 average price target. RS1 market cap is currently £2.68B and has a P/E ratio of 17.40. Based on the recent corporate insider activity of 10 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of RS1 in relation to earlier this year.
India Today
2 days ago
- Business
- India Today
India's rice exports gain edge as Vietnam, Thailand face subdued markets: Report
Rice prices in India have experienced a modest increase this week as global demand for the staple begins to recover. This comes as markets in Vietnam and Thailand remain subdued due to slow buying and abundant price for 5% broken parboiled rice, a common export product from India, has risen to $380–$386 per tonne, compared to last week's $378–$384 per tonne. Similarly, 5% broken white rice prices have also seen a slight uptick, now trading between $373 and $377 per Agrawal, executive director at Satyam Balajee, one of India's leading rice exporters, attributes this price rise to currency fluctuations. "The weaker rupee is giving exporters a small boost, and we're seeing demand pick up again," he told news agency Reuters. This currency shift has provided a competitive edge for Indian exporters as they navigate the current global market rice supply remains strong, with government reserves reported at 59.5 million metric tonnes as of June 1. This figure is over four times the official target for July, highlighting the country's substantial rice stockpile. The large reserves may help stabilise local prices while meeting growing international the other hand, rice prices in Vietnam have dipped slightly to $387 per tonne from $388 last week. A trader in Ho Chi Minh City told Reuters that despite slow sales, the government is actively seeking to bolster exports to China. Last week's visit by a delegation of Vietnamese rice exporters to China's Guangdong province reflects these on the other hand, experienced a minor reduction in rice prices, falling to $397 per tonne from $398. The demand in Thailand remains weak, compounded by a stronger local currency that has rendered exports more costly. "There's a lot of rice available, and we're expecting a good harvest this year," commented a trader in Bangkok. However, concerns persist regarding the impact on farmers, as "prices are not holding up."In Bangladesh, rice prices remain elevated despite governmental measures aimed at market cooling. Efforts such as increasing public stock purchases, reducing import taxes, and imposing stricter market controls have not significantly alleviated the high retail prices. These costs continue to strain lower-income families, making staple varieties prohibitively expensive for scenario across these countries underscores the complex interplay of local and international factors influencing rice markets. While India benefits from a weaker currency and robust reserves, Vietnam and Thailand grapple with subdued demand and challenging export conditions. Meanwhile, Bangladesh struggles with domestic price pressures, reflecting varied challenges in global rice production and the evolving dynamics in the global rice market highlight the intricacies of agricultural trade and the significant impact of economic and policy factors on staple food prices worldwide. As countries navigate these challenges, the outcomes will be crucial for farmers, traders, and consumers inputs from ReutersMust Watch
