Private sugar mills hit the sweet spot in Maharashtra

Gordon B. Johnson

The place occupied by personal players in Maharashtra’s sugar marketplace has developed significantly in the last ten several years. Of the 164 mills that crushed sugarcane in 2010-11, the amount of personal mills was 41, or 25 for every cent. This year (2019-twenty), 147 mills have commenced crushing, of which 68 mills (46 for every cent) had been privately owned.

On the other hand, this is not a sudden transformation. Due to the fact 2008-09, the amount of personal players has elevated in a sustained fashion and marketplace players predict that personal mills could possibly just take over cooperative sugar

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Intuit Warns of Revenue Hit From Virus Crisis

Gordon B. Johnson

Intuit shares fell in right after-hours investing Thursday right after the tax-preparation software package company forecast profits would decline sharply in the third quarter due to the coronavirus pandemic.

Intuit mentioned it anticipated profits to fall about 8% to involving $2.99 billion and $three billion, citing the detrimental affect of COVID-19 on small business enterprise clients and the extension of the tax submitting deadline to July fifteen, which will change profits to the fourth quarter.

The firm had previously guided for profits to improve 10% to eleven% to involving $three.6 billion and $three.sixty two billion.

Intuit’s shares dropped 2.6% to

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Businessman Becomes Chief Undertaker in Ecuadorean City Hit by Coronavirus

Gordon B. Johnson

Ecuadorean businessman Jorge Wated has operate every thing from the national growth lender to the country’s version of Pottery Barn, but currently he’s used his administration techniques to rely and bury bodies.

However one particular of South America’s smallest nations, Ecuador has the continent’s next-optimum range of Covid-19 deaths following Brazil. Practically three-quarters of the victims lived in or close to the steamy Pacific port of Guayaquil, whose mayor in comparison the devastation to “a Hiroshima bomb” hitting the metropolis.

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European Hospitals Hit Hard by Coronavirus Fear a Resurgence

Gordon B. Johnson

ROME—As force on Europe’s hospitals eases with the variety of coronavirus patients in intense-treatment units lowering, poorly strike nations this sort of as Italy now encounter selections about what to do with the added wards they scrambled to build.

Most nations want to keep them, fearing a second wave of bacterial infections.

The Papa Giovanni XXIII Medical center…

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Jobless Claims Hit Record 22M Over Four Weeks

Gordon B. Johnson

U.S. weekly jobless claims soared for a third straight week as the coronavirus pandemic properly wiped out all the positions additional to the overall economy considering that the Wonderful Economic downturn.

The Labor Department reported Thursday that 5.two million Us residents filed very first-time claims for unemployment insurance policy in the week that finished April eleven.

Claims came in under the file of six.615 million for the week of April 4 but brought the four-week overall to a file 22.03 million considering that social distancing measures took result. The overall economy experienced additional 22 million positions considering that the Wonderful

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