Groundnut oil prices high on increase in liquor consumption
Recently I read a story in Business Line. The story says Groundnut oil prices high on increase in liquor consumption . "The problem with groundnut oil is that mills are not getting kernel for crushing. One of the reasons is rise in direct consumption, including as snacks, especially for liquor consumption," says Mr B.V. Mehta, Executive Director of the Solvent Extractors Association of India. I don’t know on what basis Mr. B.V. Mehta claimed this. This shows how two seemingly unrelated events affect one another.
Long back, I own 1000 Nagarjuna Fertilizers Ltd. in physical form. At that time Cables are restricted to Metros. Doordharshan and All India Radio are the only sources of current news to non-metro areas. One day, the price of Nagarjuna Fertilizers started to fall. We have no clue what so ever. Doordharshan flashed a news item stating that fire was broke out in the
2 comments:
Hey good post. was searching for something else just came in. Keep going
Regards
Suresh kaimal
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