Rain in Brazil brings cheer to Indian coffee market global prices at

first_imgCoffee prices are at a 13-month high in international markets, after rain hit world’s largest-producer Brazil, lifting share prices of Indian coffee companies on Wednesday. Tata Coffee was the biggest gainer at 6.21 percent on the BSE at around 2.30 p.m., followed by Tata Global Beverages and Bombay Burmah Trading Corporation.  “In Brazil it is raining too much in the Arabica areas, and this is definitely causing quality concerns,” Reuters had quoted a European physical coffee trader as saying last Friday. An Indian coffee grower said heavy rainfall is bound to impact harvesting of coffee crop.”Rains at the time of harvest can damage the crop as the beans will fall off. As a result, Arabica prices have been looking up in the last few days. Also, one cannot wish away the effect of drought in Brazil earlier in the year. Hence, it may not turn out to be a bumper crop as projected but not a bad crop either,” the Economic Times quoted coffee grower Anil Bhandari as saying.On June 17, the US Department of Agriculture (USDA) had forecast world coffee production for 2016/17 to rise by 2.4 million bags from the previous year to 155.7 million bags (60 kg per bag). The estimate was based on Arabica output in Brazil increasing to about 60 percent of total production, neutralising lower Robusta production in the country, along with Vietnam, and Indonesia.Arabica and Robusta are two main categories of coffee worldwide. The Arabica crop determines global coffee prices.After factoring global consumption at 150.8 million bags, the USDA said exports from  Indonesia, Vietnam, Brazil and India are likely to remain lower (than last year). India had exported 3.20 tonnes of coffee in 2015-16, up 13.39 percent from the previous fiscal.After from being the largest producer, Brazil is also the largest exporter of coffee.last_img read more

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Rakshasudu 3day box office collection Srinivas film concludes 1st weekend with good

first_imgAreaRightsEarnings Guntur1.200.43 Ceded2.000.86 RakshasuduTwitterBellamkonda Sai Srinivas’ Rakshasudu has concluded the first weekend with a decent collection at the box office. The movie has recovered 50 percent of its distributors’ investment in three days.Since his debut, Bellamkonda Sai Srinivas has been delivering flop films one after other. Despite making huge investments in his films, he could not score a single hit for himself. The promos of Rakshasudu had grabbed many eyeballs and generated a lot of curiosity. The hype surrounding it helped the movie receive good advance booking for its opening day. Having started on a good note, the film collected Rs 3.90 crore gross at the worldwide box office on the first day. It earned a share of Rs 2.30 crore for its distributors.The movie was successful in striking a chord with the audience and the word of mouth helped it remain rock-steady at the ticket counters across the Telugu state on the following days. In fact, Rakshasudu made better collection on Sunday than Friday and Saturday in some areas like Nizam.As per early estimates, Rakshasudu has collected approximately Rs 10.78 crore at the worldwide box office in the first weekend. The movie is estimated to have earned Rs 6.36 crore for its distributors, who have shelled out Rs 16 crore on its theatrical rights. The film has returned them 39.75 per cent of their investments in three days.Here are the area-wise earnings and distribution rights’ prices of Rakshasudu. These numbers are based on various sources and may not match with actual figures released by the makers or distributors. All the figures are in INR crore.AreaAreaRightsRightsEarningsEarningsAreaNizamRights5.50Earnings2.30AreaCededRights2.00Earnings0.86AreaVizagRights1.50Earnings0.86AreaG East Rights0.95Earnings0.40AreaG West Rights0.85Earnings0.30AreaKrishnaRights1.00Earnings0.42AreaGunturRights1.20Earnings0.43AreaNelloreRights0.50Earnings0.16AreaAP/TS TotalRights13.50Earnings5.68AreaRest of IndiaRights Earnings0.26AreaOverseasRights Earnings0.42AreaGlobal TotalRights Earnings6.36 Rest of India AP/TS Total13.505.68 Krishna1.000.42 Nellore0.500.16 Global Total 6.36 G East 0.950.40 Nizam5.502.30 0.26 Vizag1.500.86 G West 0.850.30 0.42 Overseaslast_img read more

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9yrold killed by police vehicle

first_img(From left to right) 1. A vehicle hits nine-year-old Raj. 2. On-duty policeman talks to a man sitting inside the vehicle. 3. The policeman helps the man flee the scene. 4. Raj succumbs to his injuries at hospital. Illustration: Prothom AloNine-year-old Raj was playing with friends by the roadside in Dayaganj. Suddenly he was hit by a vehicle. Seriously injured, the boy was rushed to Dhaka Medical College Hospital, but it was too late.The locals stopped the vehicle that hit the boy, but, an on-duty cop helped the vehicle flee the scene as it belonged to police. Later, the police sub-inspector himself left the place with his patrol team. None of the policemen helped to take the injured boy to hospital.The boy was hit on 10 February (Friday) afternoon by a white Toyota Land Cruiser.Raj’s family provided Jatrabari police with the number of the vehicle (Dhaka Metro-D-11-0358). But, Jatrabari police station did not file any cases regarding the accident.Raj’s uncle Kamal said that they were afraid to file any case where the police were involved.”They are influential. We won’t lodge any case,” he told Prothom Alo.The Bangladesh Road Transport Authority (BRTA) confirmed to Prothom Alo that the vehicle was registered in the name of inspector general of police. It is now being used by additional superintendent of police Golam Azad Khan, transport division of police headquarters told Prothom Alo.Md Salam, another uncle of Raj, said, ”The local people stopped the vehicle after the accident. But on-duty police SI Md Redwan Khan arrived at the scene, talked to someone inside the vehicle and helped him flee the scene.””The man in the vehicle was using a walkie-talkie. Later, Redwan also left the place with his patrol car,” he added.Quoting witnesses Salam said that Raj could have survived if he had been taken to hospital in time. The boy was first rushed to two local hospitals but none of them treated him as it involved an accident, he also said.On the day of the accident, Prothom Alo contacted Jatrabari police station officer-in-charge (OC) Anisur Rahman but he did not want to comment on the incident. Meanwhile, assistant police commissioner (Demra zone) Iftekharul Islam claimed that the vehicle that killed the boy did not belong to the police.SI Redwan Khan did not pick up his phone on Thursday.ASP Golam Azad Khan told Prothom Alo over phone, ”You can be sure that I wasn’t inside the vehicle that day.”Asked who was in the vehicle, the ASP said he was busy in a meeting.Former IGP Nur Mohammad told Prothom Alo that if the accident was done by a policeman, he could not avoid his moral responsibility.*The article originally published in Prothom Alo print edition has been rewritten in English by Imam Hossain.last_img read more

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BNP to lose existence if it boycotts polls says Muhith

first_imgAbul Maal Abdul Muhith. File PhotoFinance minister Abul Maal Abdul Muhith on Monday said BNP will lose its existence as a political party if it does not participate in the next general election, reports UNB.The minister came up with the remarks after attending a meeting with government officials of the district at the deputy commissioner’s office.”No system can be more appropriate than the existing one for holding a free and fair election,” Muhith added.About electricity supply, Muhith said, “The government has relentlessly been working to ensure uninterrupted electricity supply in Sylhet …now the district gets electricity what it exactly needs. So, the government officials concerned should lose their jobs if there’s any complaint from any consumer about the electricity supply here.”Local political leaders, senior officials of the district and the police administrations were also present on the occasion.last_img read more

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No major breakthrough in dialogue

first_imgPrime minister speaks at a dialogue between Awami League-led 14-party alliance and Kamal Hossain-led Jatiya Oikya Front, at prime minister`s official residence Ganabhaban on Thursday. Photo: BSSRuling camp and opposition leaders on Thursday completed their first round of dialogue, but without any thaw in the country’s political deadlock over holding of the new general elections in a free and fair manner.After the talks at Ganabhaban, none of the participants reported any progress in most critical issues, especially formation of a poll-time government and release of BNP chairperson Khaleda Zia.”Our leaders raised complaints and relevant issues. We, however, didn’t get any special solution over there,” Kamal Hossain, leader of Jatiya Oikya Front, told newsmen at his Bailey Road residence around 11:45pm.On the Ganabhaban compound, ruling Awami League general secretary Obaidul Quader termed the dialogue successful.Opposition BNP secretary general Mirza Fakhrul Islam Alamgir twice said his party is not satisfied with the discussion. “Our [demonstration] programme will continue,” he told newsmen.Leaders of ruling Awami League-led 14-party alliance and Jatiya Oikya Front led by Kamal Hossain join for a dialogue at Ganbhaban in the city on Thursday night. Photo: Collected At the talks, the BNP leader iterated the seven-point demand of the Front. Premier Hasina made opening remarks but did not touch on the pending issues.The demands include installation of a neutral interim government, dissolution of parliament, reconstitution the election commission, release of all the political prisoners, deployment of army and cancellation of the move to use EVM for holding the next polls in fair and acceptable manner.Ruling Awami League-led14-party alliance coordinator Mohammad Nasim enters Ganabhaban to join talks with Jatiya Oikya Front leaders on 1 November. Photo: Dipu MalakarWhen asked if there was any new decision on election-time government, Quader only referred to the constitution which has no caretaker government provision after the AL government scrapped the system in 2011.He also called irrelevant the issue of release of Khaleda Zia. “It’s a matter of law and the court. We didn’t frame those cases against her, rather the caretaker government did it.” the AL said.Claiming that the two sides — AL-led 14-party alliance and Jatiya Oikya Front led by Kamal Hossain — agreed on a few issues and they would hold further talks after 8 November.”If they want to join the talks, the prime minister’s door is open and such talks may be held after 8 November,” the AL leader added.Kamal Hossain said there was no progress except one issue — holding public rallies without any disturbances created by the law enforcement.”There will be no barrier to holding meetings and rallies. The prime minister has already asked the law enforcement in this regard,” Subrata Chowdhury, executive president of Gano Forum and leader of the Front, said while reading out the formal statement.About the allegations of concocted cases, both Quader and Subrata said the coalition leaders raised it with the prime minister who asked them to submit a list for taking necessary steps.Jatiya Oikya Front chief Kamal Hossain in front of Ganabhaban to join talks with 14-Party leaders, led by prime minister Sheikh Hasina on 1 November. Photo: Dipu MalakarThe Front leaders demanded delaying announcement of polls schedule, but prime minister Sheikh Hasina said this is the jurisdiction of the election commission, the leaders of the two camps said.“Prime minister assured Oikya Front leaders of allowing foreign observers to oversee the elections. Regarding their reservation on use of electronic voting machines (EVMs) in polls, the prime minister said EVMs would be used in a limited scale.”BNP secretary general Mirza Fakhrul Islam Alamgir enters Ganabhaban to join talks with 14-Party leaders, led by prime minister Sheikh Hasina on 1 November. Photo: Dipu MalakarThe two sides held talks for more than three hours beginning around 7:00pm.Prime minister Sheikh Hasina led a 23-member delegation of the 14-party alliance while Kamal Hossain led the 20-member team including senior BNP leaders.The talks were held following the AL president, prime minister Sheikh Hasina’s response to Kamal Hossain’s letter earlier this week, urging her to hold dialogue.last_img

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CM slams Centre over LPG price hike

first_imgKolkata: Coming down heavily on the BJP, Chief Minister Mamata Banerjee on Saturday said the soaring prices of essential commodities will result in the middle-class being badly hit which will, in turn, become a question of their basic sustenance. “The hike in fuel price will affect the kitchen while the rise in the price of petrol and diesel will hit the transport sector badly,” she told newsmen on Saturday.The Chief Minister also said that the price of cooking gas has skyrocketed without any rhyme or reason. “Things are going beyond the reach of the middle-class. How can they make their both ends meet? How can they sustain,” she said and added: “But the Centre is not taking any measure to bring down the prices of petrol and diesel and that of the cooking gas.” Also Read – Heavy rain hits traffic, flightsIt may be mentioned that the Trinamool Congress is the first national party to raise voice against the hike in the price of fuel. The Trinamool supremo had instructed her party leaders to hold rallies and meetings throughout the state. On Tuesday, the youth wing of the party had held a sit-in demonstration at the Gandhi Statue. The meeting was addressed by the president of the youth wing Abhishek Banerjee.Banerjee has said over and again that the hike in the prices of petrol and diesel are affecting the transport sector badly. “The Centre is totally indifferent towards this problem faced by the common people,” she maintained. Also Read – Speeding Jaguar crashes into Merc, 2 B’deshi bystanders killedAsked if she would attend the meeting of the Niti Aayog scheduled to be held in Delhi on June 16 to be presided over by Prime Minister Narendra Modi, Banerjee said: “How can I take part in the meeting as Eid will be celebrated on that day. I want to be by the side of my people on the day of festivals. I take part in Durga Puja, Eid and Christmas and I do not differentiate between communities. I think they did not check the calendar before fixing the date of the meeting.”last_img read more

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RECAP Accidents on A53 A500 and A519

first_img We pay for stories! Send your videos to video@trinitymirror.comThere were delays on two major North Staffordshire roads due to accidents this rush hour. One lane was closed on the flyover on the A53 following an accident in Etruria, traffic data company INRIX reported. Three cars are involved in the accident, which has taken place on the A53 Northbound near A5010 Etruria Road / Festival Way (Festival Park Roundabout). This was affecting traffic between Cobridge and Etruria – but is reported to have reopened at around 6.30pm. Two vehicles also crashed on the A519 Clayton Road, resulting in delays in that area. One of the cars is reported to have hit a lamppost following the accident – which was cleared shortly before 7pm. Emergency services were called to both accidents although no one is believed to have been seriously hurt in either. Both accidents are believed to have taken place shortly after 5pm. Read MoreGas cannisters stolen from two Staffordshire hospitals There were also delays due to a to multi-vehicle accident on the A500 Westbound at M6 J16 (Crewe / Stoke-On-Trent) – although this has also now cleared. Want to keep up to date with the latest traffic and travel news?Each day Stoke-on-Trent Live journalists bring you the latest news on the roads and railways across Stoke-on-Trent, North Staffordshire, South Cheshire and further afield to help keep you on the move. For the very latest updates on roads including the M6, A500, A50 and more, visit our dedicated traffic and travel news channel here. We also run a live news feed each weekday, which you can access on our website’s homepage from 7am to 9pm from Monday to Friday. And for more as-we-get-it updates on the roads across the region and beyond, join The Sentinel’s traffic and travel Facebook group here.Key EventsSUMMARY: What’s going on and where?18:0718:59All accidents now clearedAll three accidents are now clear.18:59Accident cleared in ClaytonThe accident on the A519 has now cleared. 18:34A53 reopens The A53 has now fully reopened and delays are clearing in Etruria, according to traffic data company INRIX. 18:22Video from the scene of the Clayton accidentOur photographer has sent this video of the scene on the A519 in Clayton.18:17Accident cleared on the A500 in CheshireTraffic easing and road cleared, multi-vehicle accident cleared on A500 Westbound at M6 J16 (Crewe / Stoke-On-Trent).Leading up to the M6. Accident is reported to be on the roundabout.18:13Vehicles awaiting recovery on A53Inrix reports the vehicles on the A53 are now awaiting recovery.18:07KEY EVENTSUMMARY: What’s going on and where?A500:Queueing traffic and partially blocked due to multi-vehicle accident on A500 Westbound at M6 J16 (Crewe / Stoke-On-Trent).Leading up to the M6. Accident is reported to be on the roundabout. (Image: Inrix)A53:Slow traffic and one lane closed due to accident, three cars involved on A53 Northbound near A5010 Etruria Road / Festival Way (Festival Park Roundabout).Affecting traffic between Cobridge and Etruria. (Image: Inrix)A519/Clayton Road:Slow traffic due to accident, two vehicles involved on A519 Clayton Road Southbound near Clayton Lane.Vehicles are currently awaiting recovery. (Image: Inrix)18:05Latest on the accident on the A500 at Radway GreenQueueing traffic and partially blocked due to multi-vehicle accident on A500 Westbound at M6 J16 (Crewe / Stoke-On-Trent).Leading up to the M6. Accident is reported to be on the roundabout. (Image: Inrix)18:03Accident on A53A Sentinel reader has sent us this image of police at the scene of the accident on the A53.The accident on the A53 (Image: Sentinel reader)17:56Image from the sceneOur photographer has just sent this scene from the accident in ClaytonTwo vehicles have crashed on the A519 in Clayton (Image: Sentinel)17:52Location of accident on A519 (Image: Inrix)17:52Further information from INRIXSlow traffic due to accident, two vehicles involved on A519 Clayton Road Southbound near Clayton Lane.Vehicles are currently awaiting recovery.17:50Sentinel photographer at scene of accident in ClaytonOur photographer is at the scene of the accident near the junction of the A500/A519 Clayton Road and reports two vehicles are involved.Police, paramedics and firefighters are all at the scene.17:43Further information on accident on A500Slow traffic and partially blocked due to accident on A500 D Road Westbound near M6 J15 / A519 Newcastle Road.A car has collided with a lamp post. Click to playTap to play Watch again The video will start in 1Cancel Play now Video Loading Video Unavailable Clayton RTA (SENTINEL)Clayton RTAVideo Player is loading.Play VideoPauseUnmute0:02/1:04Loaded: 0%0:02Progress: 0%Stream TypeLIVE-1:02 SharePlayback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedSubtitlessubtitles settings, opens subtitles settings dialogsubtitles off, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMute0:00/0:00Loaded: 0%Progress: 0%Stream TypeLIVE0:00 Playback Rate1xFullscreenClose Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button. UP NEXT:UP NEXT: Click for Soundcenter_img Video will play in  Share this video The accident on the A519 in Clayton this evening Watch Nextlast_img read more

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