If local rice exporters comply with the prime minister’s order to suspend the signing of new rice export contracts, the VFA members’ stockpile of rice will increase by some 266,000 tons on May 31. The combined volume of rice stored by VFA members and other rice firms is currently 1.7 million tons of rice and 144,000 tons of unhusked rice, or 75,000 tons of rice. … [Read more...] about Trade Ministry proposes exporting 400,000 tons of rice this month
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“The index has a strong resistance near 9,000-mark once the Nifty managed to surpass the 9k level, we may see some change in momentum from negative to neutral, if failed to hold above 9k mark then we may again see pressure towards immediate support of 8,550-8,400 zone,” Rohit Singre, Senior Technical Analyst at LKP Securities told Moneycontrol. … [Read more...] about Taking Stock: Biggest single-day gain, Sensex back above 30K; what should investors do?
For those hit hard by gloomy cross-border trade, Alibaba said it will open up resources of its AliExpress, Lazada and Tmall World -- all of which are targeting overseas consumers -- to help SMEs broaden the reach of customers. Efforts include helping trade companies build up online pavilions, and rolling out digital commercial markets featuring local specialties. … [Read more...] about Alibaba launches measures to help SMEs hit hard by virus
Meanwhile BrightHouse, which appointed Grant Thornton to keep the business afloat, confirmed that 2,400 jobs across its 240 stores were now at risk and urged customers to continue to make the monthly payments required to keep their household goods. … [Read more...] about Debenhams is on brink of collapse putting 22,000 jobs at risk while shoe retailer Clarks may permanently close stores after lockdown as coronavirus pandemic continues to hit High Street
Is your house cat spreading the coronavirus? When humans are a threat People can be infected by animals, but the same can also happen in reverse. Four-year-old Malayan tiger Nadia tested positive for COVID-19 recently at the Bronx Zoo in New York. "It's the first time, to our knowledge, that a [wild] animal has gotten sick from COVID-19 from a person," Paul Calle, the zoo's chief veterinarian, told "National Geographic" magazine. … [Read more...] about Coronavirus latest: Lufthansa shutters Germanwings subsidiary