Latest news with #527
The Sun
08-05-2025
- The Sun
N. Sembilan KPDN disposes of items seized under Op Tiris
SEREMBAN: The Domestic Trade and Cost of Living Ministry (KPDN) of Negeri Sembilan disposed of various seized items through Op Tiris, involving diesel worth RM291,562 at the Exhibit Storage Complex here today. Its director, Muhammad Zahir Mazlan, said the disposal of items that were confiscated last year, related to three investigation papers under the Control of Supplies Act 1961. The items included 45 translucent Intermediate Bulk Containers (IBCS), five hose pump machines, a Skid Tank with a 15,000-litre capacity and two mobile phones. 'The Negeri Sembilan KPDN also disposed of seized diesel worth RM15,527. All investigation papers were resolved through compound actions against the individuals involved, amounting to a total of RM13,000,' he said in a statement today. He urged those with any information regarding the misappropriation of controlled and subsidised goods to contact the KPDN through its official channels, including WhatsApp at 019-848 8000 and the KPDN's Ez ADU mobile application.
Business Standard
29-04-2025
- Business
- Business Standard
UCO Bank rallies after Q4 PAT jumps 24% YoY to Rs 652 cr
UCO Bank jumped 5.66% to Rs 32.65 after the bank's standalone net profit rose 24.1% to Rs 652.43 crore on 16.5% increased in total income to Rs 8,136.79 crore in Q4 FY25 over Q4 FY24. Profit before tax (PBT) stood at Rs 1,036.14 crore in Q4 FY25, up 23.8% YoY. Net Interest Income (NII) for the quarter ended 31st March 2025 stood at Rs 2,698 crore registering a growth of 23.35% YoY as against Rs 2,187 crore for the same period of preceding year Total Business of the Bank stood at Rs.5,13,527 crore as on 31st March 2025, showing an increase of 14.12% Y-o-Y, wherein Gross Advances increased by 17.72% YoY to Rs 2,19,985 crore & total deposits jumped 11.56% YoY to Rs 2,93,542 crore. RAM (Retail, Agri & MSME) business stood at Rs 1,22,613 crore as on 31st March 2025 as against Rs 97,516 crore as on 31st March 2024, registering a growth of 25.74% YoY basis. On asset quality front, gross non-performing assets (NPA) stood at Rs 5,918.54 crore as of 31st March 2025 as against Rs 6,463.30 crore as of 31st March 2024. Gross NPA improved to 2.69% as on 31st March2025 as against 3.46% as on 31st March 2024, registering an improvement of 77 bps year-on -year. Net NPA improved to 0.50 % as on 3st 1March 2025 as against 0.89% as on 31st March 2024, registering an improvement of 39 bps Y-o-Y. On full year basis, the banks standalone net profit jumped 47.8% to Rs 2,444.96 crore in FY25 as compared with Rs 1,653.74 crore inFY24. Total income increased 17.3% to Rs 29,473.53 crore in FY25 as compared with Rs 25,119.87 crore in FY24. Meanwhile, the banks board recommended a dividend of Rs .39 per equity share for FY25, subject to approval f the shareholders of the ensuing annual general meeting of the bonk. The bank has fixed Friday, 9th May 2025 as the record date for final dividend. Further, the banks board approved equity capital raising plan through issuance of 270 crore equity shares of face value of Rs 10 each, aggregating to Rs 2,700 crore(at face value) through various modes viz, QIP, FPO, etc. in one or more tranches at an appropriate time and premium during the FY 2025-26, subject to approval of the shareholders at the ensuing annual general meeting of the bank and other /regulatory approvals. UCO Bank is a commercial bank and a Government of India Undertaking. As on 31.03.2025 Bank had a network of 3302 domestic branches and 2 overseas branches each at Hong Kong and Singapore and 1 Representative Office in Iran. Out of the total branches, Bank has 2031 (61%) branches in rural & semi-urban areas. Bank has 2522 ATMs and 10653 BC Points making the total number of 16480 touch points as on 31 st March 2025.
Yahoo
03-04-2025
- Politics
- Yahoo
Protect Tennessee farmers from activist-driven lawsuits related to pesticides
America's farmers have always been among the most productive and resilient in the world. Through hard work and generations of experience, farmers provide the food and fiber that power our economy and feed millions. But modern agriculture hasn't been driven by farmers alone – innovative crop management tools have reduced many of the physical burdens of harvesting crops and made it more efficient to grow corn, wheat, and other staple crops. These crop management tools are critical to sustaining high yields, with about 90% of cotton and soy acres relying on pesticides and herbicides. On top of that, they have helped lower costs for both farmers and consumers, preventing up to $10 billion in added food costs every year, a burden that would fall on households across Tennessee. Simply put, these resources have allowed farmers to grow more with less – less land, less water, and lower input costs. This has made modern agriculture more efficient than ever before. As a seventh generation West Tennessee farmer, the joys and challenges of farming have been passed down to me. I also had the fortune to serve three terms representing Tennesseans in Congress, where I carried those rural values to strengthen our food security, trade, and national security. I have not only seen how important crop management tools are to helping farmers like me meet growing demand but to ensuring that the United States' agriculture industry remains self-reliant. Our farmers should not have to depend on China or other foreign adversaries for the products that keep our food system stable. However, access to pesticides and herbicides is increasingly threatened by activist-driven lawsuits in Tennessee and across the country. Counterpoint: Protect Tennesseans' rights not corporate profits on crop pesticides regulation Out-of-state trial lawyers, looking for a payout, are pushing cases that could remove key products from the market – not based on science, but on scare tactics and misinformation. If these efforts succeed, American farmers will be left with fewer options to protect crops and maintain land, forcing us to use less effective and more costly alternatives. State legislators in Nashville are currently considering tailored legislation (House Bill 809/Senate Bill 527) to prevent these special interests from taking advantage of our judicial system by closing loopholes and recognizing that federally approved labels are the law. It puts pragmatic steps in place to prevent abuses, preserve the rights of Tennesseans, and protect the freedom to farm in our state. We cannot afford to let opportunistic lawsuits weaken our agriculture industry. Tennessee's farmers deserve certainty, not legal and regulatory chaos. They need common-sense protections to ensure they can continue to access safe, effective, and domestically produced pesticides and herbicides. For over 50 years, these products have gone through rigorous scientific review and testing under the U.S. Environmental Protection Agency's stringent safety standards and have consistently been deemed safe. Since the EPA's approval is the gold standard, farmers should be able to use products the EPA deems safe without fear of politically motivated interferences. Ultimately, food security is national security. If we want to keep America's farms strong, our rural communities thriving, and our food supply independent, we must stand against efforts that threaten access to these critical agricultural tools. Supporting Tennessee agriculture means supporting our farmers, and that starts with ensuring they have the tools they need to do their jobs and the representatives willing to act on their behalf. Stephen Fincher is a farm owner from Frog Jump in Crockett County and represented the 8th District of Tennessee in Congress from 2011-2017. This article originally appeared on Nashville Tennessean: Tennessee farmers need pesticides to keep food costs down | Opinion
