Variance

Email ABC Esperance By Emma Field , Joanna Prendergast , Angus Verley , Belinda Varischetti and Richard Hudson Posted September 03, 2019 18:13:31 Photo: Australian farmers have not made the same wheat yields gains in the past decade as competitors (ABC Rural: Kit Mochan) Related Story: From niche to mainstream — the rise of regenerative agriculture Related Story: Drought drags down Australia's agricultural exports, production Related Story: Australia to import grain for the first time since 2007 Related Story: Russian wheat sells into Asia cheaper than Australian grain Map: Esperance 6450 Australia's place in the global wheat market has slipped significantly over recent years and has reached a point where it is almost "irrelevant" on the world stage. Key points:Australia is now ranked number six on the list of global exportersRussia, Ukraine, and Kazakhstan have increased their grain production very rapidlyBlack Sea nations are taking market … [Read more...] about Australia ‘irrelevant’ on global wheat market, needs to explore new niche market opportunities says analyst

NEW DELHI: There is a divergence in the numbers for FY19 in the budget presented on July 5 and the figures mentioned in the Economic Survey 2018-19 tabled in parliament a day before. This is because the budget uses the revised estimates for FY19 and not the provisional actuals released by the Controller General of Accounts, which are included in the Economic Survey. Total expenditure for FY19, according to the budget, was Rs 24.58 lakh crore, which is Rs 1.47 lakh crore more than Rs 23.11 lakh crore stated in the provisional actuals of the Economic Survey. The immediate implication is that many schemes are likely to have received lower amounts than the figures shown in the revised estimates for FY19. The likely explanation for the variance is that the provisional actual numbers were not available by the time the budget documents were printed and the revised estimates were used instead. However, the Economic Survey, presented a day before the budget, used the latest numbers. The … [Read more...] about Budget, Economic survey show divergent numbers

'This is an issue that is larger than the interests of any one party.' IMAGE: Police personnel detain a protestor during a demonstration against the entry of activist Trupti Desai and other women at Sabarimala temple, outside the police commissioner's office in Kochi, on November 26, 2019. Photograph: PTI Photo In September 2018, the Supreme Court pronounced its landmark verdict that not allowing women and girls between the ages of 10 and 50 to enter the Lord Ayyappa temple in Sabarimala was illegal and constitutional. But the Kerala government's decision to implement the court order led to an unprecedented situation when women came out on the streets protesting against the government and the court's decision. A few weeks ago, based on a review petition on the 2018 verdict, the Supreme Court asked a seven-judge bench to review the case, but made it clear that its earlier verdict stands. The Supreme Court also said that as restrictions on women in religious places were not limited to … [Read more...] about Tharoor: ‘Always wise to tread carefully on people’s feelings’

It is better to be cautious on domestic focused stocks, the consumption oriented stocks or even the financials focused on retail lending, Girish Pai, Head of Research, Nirmal Bang Institutional Equities, tells ET Now.Edited excerpts: What should we start with? We should start talking about markets specifically. Markets are going to be under pressure for the intermediate term because what has happened is that the story thus far has seen the macros under pressure whereas the micros, the earnings picture has been looking fairly robust. In the last month, month-and-a-half, we have seen the macros deteriorating rapidly which is going to lead to a situation where earnings going into FY19 second half and probably into FY20 will have to be paid back. I am talking about the domestic focused stocks, the consumption oriented stocks or even the financials focused on retail lending. This is an area where we would be kind of a little cautious. Valuations have become fairly rich and if that space … [Read more...] about Be cautious in these 3 sectors: Girish Pai, Nirmal Bang Institutional Equities

The no-detention policy for school children right up to Class VIII under the Right to Education Act as well as the CBSE’s Continuous and Comprehensive Evaluation (CCE) system came under attack from state education ministers Wednesday at a meeting of the newly reconstituted Central Advisory Board of Education (CABE). Human Resource Development (HRD) Minister Kapil Sibal announced that a CABE committee under the leadership of Haryana Education minister Geeta Bhukkal would assess implementation of the CCE in context of the no-detention provision in the RTE Act,hold talks with experts,and submit a report in three months. However,Sibal emphasised: “The no-detention policy is probably not understood by schools as understood by us. Everyone agrees that not having board examinations is a good idea,but no examinations at all is not acceptable. Some people think no detention and CCE mean no exams — that is not the case.” Several ministers argued that not “failing” … [Read more...] about CCE,no-detention policy attacked,panel to review