Fishing Financial News

By Emma Farge

Bank of Baroda. First crop advance estimates show a 4.6% decrease in major kharif crop production for the 2023-24 season to 148.5 million tonne. Although the rabi sowing season ended on 23 February with a slight increase in total acreage, there are concerns over a 6.5% decline in cereal cultivation.

India has been seeking appropriate and effective special and differential treatment (S&DT) for its small scale fishermen and to keep the policy space for development of its fisheries sector. “There is no consensus in fishing especially deep sea fishing. They are attaching conditions with S&DT,” said an official.

Mukka Proteins opens for subscription today. The issue, which closes on March 4, comprises fresh equity sale of 8 crore shares with no offer for sale component. Ahead of the IPO, the company raised Rs 67 crore from anchor investors. Mukka Proteins IPO review Most analysts gave a subscribe recommendation for the IPO from a long term perspective over fair valuations and unique business model.

Authorities say an offshore oil spill that prompted Trinidad and Tobago to declare a national emergency earlier this month has reached the shores of the Dutch Caribbean island of Bonaire hundreds of miles away

A small drone has flown inside one of the damaged reactors at Japan's Fukushima Daiichi nuclear power plant in hopes it can examine some of the molten fuel debris in areas where earlier robots failed to reach

Climate change may be causing more competition for food in oceans, leading to a reduction in the weight of fish, according to a study. Researchers at the University of Tokyo in Japan found that fish weight in the western North Pacific Ocean dipped in the 2010s due to warmer water limiting food supplies. They attributed the first period of weight loss to greater numbers of Japanese sardines, which increased competition with other species for food. «With higher temperatures, the ocean's upper layer becomes more stratified, and previous research has shown that larger plankton are replaced with smaller plankton and less nutritious gelatinous species, such as jellyfish,» Professor Shin-ichi Ito from the University of Tokyo said.

READ HERE: India's GDP growth to moderate in Q3 & Q4; Capex to remain tepid: ICRA's Aditi Nayar The brokerage further informed that its estimates are corroborated with the in-house developed SBI-ANN (Artificial Neural Network) model, with 30 high-frequency indicators. ANN has been trained for the quarterly GDP data from 2011Q4 to 2020Q4 and the in-sample forecast performance of the model in the training period has been precise.

Shop price inflation fell from 2.9% at the start of the year to 2.5% in February, the weakest pace of increase in nearly two years, according to the British Retail Consortium and NielsenIQ's latest shop prices inflation index. Consumer confidence dips for first time in three months Helen Dickinson, chief executive at the British Retail Consortium, said easing input costs for energy and fertiliser had caused the month-on-month declines in the price of fresh food, including meat, fish and fruit. Regarding non-food, she said inflation for furniture, electricals and health and beauty p...

₹1,430 back then to ₹2,008 now at 2011-12 prices (adjusted, i.e., for inflation), and in urban India, it went up from ₹2,630 to ₹3,510. At current prices, our rural MPCE was ₹3,773, and urban, ₹6,459 in 2022-23. Given the span of a decade-plus, the gains made have been slow, but there is no evidence of the stagnancy that some critics feared.

Zomato sparked a playful exchange reminiscent of a popular Instagram meme. In this game, participants typically engage in a series of silly phrases and actions, such as saying “Ek machhli" (one fish) followed by “Paani mein gayi" (went into the water), while incrementally adding to the count of fish.

The Biden administration, leaders of four Columbia River Basin tribes and the governors of Oregon and Washington have signed papers formally launching a $1 billion plan to help recover depleted salmon populations in the Pacific Northwest

was attacked on Feb. 18 while sailing through the Bab el-Mandeb Strait that connects the Red Sea and the Gulf of Aden, U.S. Central Command said.

Indian warship provided critical assistance to a merchant vessel after it caught fire following a suspected drone or missile attack in the Gulf of Aden, the latest in a series of such support missions in the region. Palau-flagged vessel MV Islander came under attack on Thursday and a crew member of the ship sustained injuries, Indian military officials said on Saturday. An explosive ordnance disposal team of the Navy embarked the vessel and sanitised it for any residual risk following which the vessel was cleared for onward transit, they said. The fresh incident comes amid growing global concerns over attacks on various commercial vessels in the Red Sea by Houthi militants.

By Rachna Uppal and Hadeel Al Sayegh

Trinamool Congress (TMC) on Friday blamed the BJP for trying to aggravate the situation in restive Sandeshkhali by foiling every effort to restore peace and normalcy in the area even as the administration and police are working overtime to reach out to every villager to address their grievances. Addressing a press conference here, senior minister Chandrima Bhattacharya said the administration has full control over the situation and is diligently addressing every complaint and grievance of villagers. «The administration is in charge, with BDO and police officers working tirelessly. Every complaint is being thoroughly examined and promptly addressed. However, whenever there is a semblance of normalcy being restored, BJP leaders such as Sukanta Majumdar and Locket Chatterjee rush in to exacerbate the situation. The BJP shows no concern for the women of Sandeshkhali; their only agenda seems to be to sow chaos for electoral gains,» she said. Bhattacharya and another senior minister, Shashi Panja, both strongly reacted when a reporter compared the situation in Sandeshkhali to that of Singur and Nandigram during the erstwhile CPI(M) regime in 2007-08.

Don’t call them nostalgic

detonators in two boxes were found abandoned on a platform at Kalyan railway station in Thane district on Wednesday, a Government Railway Police (GRP) official said. The official said the boxes were spotted by the GRP lying unattended on the platform No. 1 of the usually crowded station on the Central Railway (CR) route following which a dog squad and Bomb Detection and Disposal Squad (BDDS) personnel were immediately called to the spot. The BDDS team took the boxes into custody and on opening found as many as 54 detonators (a device containing small amount of explosive) inside them, he said. The Kalyan GRP has launched a probe though they were yet to register a case in connection with the seizure, said the official. Senior police officials, including Thane city cops, visited the spot where the detonators were found. Usually, detonators are used in Thane district for illegally catching fish in lakes and also for carrying out blasting operations in quarries. Detonators are used to send shock-waves through the water, stunning or killing fish which are then collected.

Retail inflation for farm workers and rural labourers eased marginally to 7.52 per cent and 7.37 per cent in January as compared to the previous month, mainly due to lower prices of certain food items. In December 2023, Consumer Price Index-Agricultural Labourers (CPI-AL) and Consumer Price Index-Rural Labourers (CPI-RL) was 7.71 per cent and 7.46 per cent, respectively. Food inflation stood at 9.67 per cent and 9.43 per cent last month as compared to 9.95 per cent and 9.80 per cent in December 2023 and 6.61 per cent and 6.47 per cent in the year-ago period, a labour ministry statement said. In January 2023, CPI-AL was 6.85 per cent and CPI-RL was 6.88 per cent.

Russian diamonds from the world’s affluent markets, a confused, volatile trade is feeling the pulls and pressures: a rigid rule pushed by Europe to probably regain its waning influence; the emerging voices of Africa and India opposing it; and, a new, different plan mooted last week in America, the largest market, which could make life easier for the trade amid the chaos of geopolitics. Trade sources told ET there was a glimmer of hope following a meeting last week between a US government official and the country’s leading jewellers who import diamonds mined across the world and polished in India and other countries. “It was indicated at the meeting that America could accept `self-certification’ from its jewellers that the diamonds imported into the country have no Russian links. Here, the process could be similar to the one applicable for American firms importing fish and seafood," said a senior industry person.

One Piece Episode 1094 on Sunday, February 18, at 9:30 am JST, fans are brimming with anticipation for the revelations awaiting them. This episode promises to unravel the enigmatic history of Kuma and shed light on the secrets concealed within Egghead Island. Join us as we explore the anticipated spoilers and delve into the intricacies of the upcoming episode.