Hi, NewsWrap for July 28, 2023

28-July-2023: CNH Industrial Reports Record Second Quarter Net Income, Milk Procurement Sees 5.6 Percent Rise, PAU Organizes Workshop on Agri Start-ups

28 July 2023

  • CNH Industrial Reports Record Second Quarter Net Income of $710 Million

    CNH Industrial, the parent company of Case and New Holland Construction Equipment, on Friday, July 28, released the financial results presented under U.S. GAAP. The 'Second Quarter Net Income of $710 Million' has been recorded this year. Significant improvements in Gross Profit Margin for the Agriculture and Construction Segments, both reporting the highest quarterly Adjusted EBIT margin ever. Highest quarterly Adjusted EBIT margin everQ2 Consolidated revenues of $6.57 billion up by 8 per cent if compared with last year's.

  • Milk Procurement Sees 5.6 Percent Rise in June, Says Rupala; No Shortage Reported

    The Indian government revealed that milk procurement experienced a substantial year-on-year rise of 5.6 per cent in June. The Minister of Fisheries, Animal Husbandry, and Dairying, Parshottam Rupala, addressed the Lok Sabha, stating that there were no indications of milk or milk product shortages in the country. To ensure a comprehensive overview of the milk situation, the department periodically reviews the current status.

  • PAU Organizes Workshop on Agri Start-ups

    Punjab Agricultural University (PAU) Vice-Chancellor, Satbir Singh Gosal, inaugurated a one-day workshop titled 'Agri Start-ups Interaction' at the Farmers’ Service Centre. Skilled and successful entrepreneurs, trained by the Punjab Agri-Business Incubator (PABI), shared their inspiring journeys of challenges and achievements during the workshop.

  • Agriculture Personnel to Contribute One-Day Salary for Donation

    Amidst the devastating floods and heavy rains wreaking havoc in Punjab, employees of the Agriculture and Farmers Welfare Department have exhibited their compassion by joining relief efforts. The dedicated Agriculture Development Officers and Horticulture Development Officers have united under the Plant Doctors Association's banner, deciding to donate their one-day salary to support the government's relief measures. Dr Gurloveleen Singh Sidhu, the association's spokesperson, expressed an unwavering commitment to assisting the flood and rain victims during these challenging times.

On the news

28 July 2023

That's it for for 28 July 2023
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