Govt’s Rs 150-cr relief won’t take edge off onion farmers’ woes in Maharashtra, says APMC chief – The Financial Express

According to marketing department’s principal secretary, Anoop Kumar, the cabinet approved an ex-gratia payment of Rs 200 per quintal rate for onion sold between November 1 and December 15.Govt’s Rs 150-cr relief won’t take edge off onion farmers’ woes in MaharashtraFarmers in Maharashtra are staring at stocks of unsold summer onions at the fag end of their shelf lives. Although, the Maharashtra cabinet has approved Rs 150 crore as relief to onion farmers who had to sell their produce at low pri...
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Oil prices: Crude falls amid signals of lacklustre OPEC deal to cut output – The Financial Express

Crude slipped as Saudi Arabia’s energy minister backed a smaller-than-expected supply cut.Brent for February settlement tumbled .93 to .63 on London’s ICE Futures Europe exchange. (Reuters)Crude slipped as Saudi Arabia’s energy minister backed a smaller-than-expected supply cut.Futures in New York and London fell about 5 percent on Thursday. A million-barrel reduction in daily supplies from OPEC and allies such as Russia will be adequate to balance supply and demand without shocking the market, ...
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Analyst corner: ‘Buy’ on Zee Entertainment Enterprises with TP of Rs 627 – The Financial Express

The stock is trading at 25x/21x FY20/21F PE, which we find quite attractive, given our forecast of 18% EPS CAGR (FY19-21F) and potential upside from Zee5.The bulk of the investor queries were focused on the promoter’s plan to sell up to a 20% stake.We hosted Zee Entertainment at our India Corporate Day in Hong Kong on December 3 and 4, 2018. The bulk of the investor queries were focused on the promoter’s plan to sell up to a 20% stake.Management indicated there are considerable opportunities in ...
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