With unexpected floods, prolonged droughts, spring frosts, and crazy hailstorms, climate change has been responsible for many ruined harvests. But one crop, nearly universally appreciated by consumers, is especially sensitive to the mercurial weather—winemaking grapes. Grapevines are particularly vulnerable to climate change because they take years to establish—three to four seasons to bear fruit, and […]

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Global 2019/20 coffee production seen slightly down due to fall in Arabica output

World production in coffee year 2019/20 is projected to fall by 0.9% to 167.4 million bags, according to the International Coffee Organization (ICO), While Robusta output is projected to rise by 1.5% to 71.72 million bags, Arabica output is anticipated to decrease 2.7% to 95.68 million bags, it said in a statement, adding that the […]

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India’s Hero Group renewable subsidiary receives $150 million funding from Masdar

India’s Hero Future Energies (HFE), Hero Group’s renewable subsidiary run by Rahul Munjal, has received $150 million strategic funding from Abu Dhabi Future Energy Company Masdar, reports Ritwik Sinha. Set up in 2012, HFE had earlier raised $125 million from International Finance Corporation (IFC), part of the World Bank. Masdar has now stepped in by […]

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India to facilitate onion imports for quick supply as domestic prices rise

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The Department of Consumer Affairs (DoCA) through an inter-ministerial committee has again reviewed the prices and availability of onions. During the meeting it was informed by officials that supply disruptions are mainly due to rain and two cyclones and it is expected to improve in the coming days. With supplies running short and onion prices […]

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