The hike -- which comes days before Janmashtami celebrations and months ahead of the flush season when milk supplies usually rise -- may impact household budgets
Dairy companies continued to disappoint investors with dismal profits in the recently concluded quarter as high input costs eroded the sector's margins. Find out the likely trajectory for the sector
Inoculation drive in full swing as over a million cattle get vaccinated
PM addressed a gathering at Diyodar in the Banaskantha district after inaugurating a new dairy complex and a potato processing plant of the Banas Dairy
Here are the best of Business Standard's opinion pieces for Friday
Shailesh Dobhal argues why it makes sense to award Bharat Ratna to Verghese Kurien
The price was being hiked after a gap of nearly one year and seven months
Almost 80% of the price an end-consumer pays comes into the hands of the milkman, due to the existence of fewer middlemen and the efficient manner in which it travels from farm to kitchen
Milk farmers need support to deal with demand slump
They say they may be forced to cut down on milk procurement price during the coming flush season starting in the next few months, if the support is not available
Milk production and dairy processing are not in the least dependent on Chinese inputs, nor are they likely to face a competitive threat from that direction any time soon
Apart from reducing supply glut, recovery is also set to cut down pressure on dairy companies that are reeling under severe financial stress
NDDB Dairy Services has clocked a combined turnover of Rs 4,564 cr from 15 milk producer companies that it helped set up in 69 districts across eight states
The amount spent on milk and milk products (M&MP) dropped 10%. While households, hotels, and halwai shops spent Rs 6 trn on M&MP in 2016-17, consumption expenditure reduced to Rs 5.4 trn in 2017-18
Also, the census shows a sharp increase in backyard poultry
Both liquid milk and SMP prices jumped by 10% in three months and 25% in one year
The govt had fixed a thickness criterion of 50 microns when the use of plastic carry bags was banned a couple of years ago.
About 1,000 animals washed away in floods; govt to spend Rs 1,000 crore on restoration
It now needs to be seen whether the impact of weather could firm up cattle feed prices, which are already up by over 15 per cent in recent times
India is the largest milk producer in the world