The South Indian tea plantations are reeling under a drought-like condition, witnessing a significant drop in production, a senior official in a tea manufacturing company has said. The absence of summer rains in January, February, March, and April has made things worse, leading to an unprecedented drought in plantations. Tea leaves have started wilting in … Read more
Seven critical mineral blocks, that were put out for auction in the first round, have either not got bidders or have got less than three qualified bidders. These blocks will again be put up for the auctions in the fourth tranche, due later this year; following a tweak in some rules including putting in place … Read more
Prices of tobacco at auctions in Karnataka continued to increase on robust demand from overseas markets. The average price for flue-cured virginia (FCV) tobacco at the auctions in Karnataka touched a new high of ₹257.46 per kg during the recently concluded 2023-24 season. Prices in the 2023-24 season were up by 13 per cent at … Read more