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The MSE Equity Total Return Index (MSE) registered a further 3.2% increase, as investors’ sentiment improved possibly on the back of the relaxation of some Covid measures. Most large caps gained, as International Hotel Investments plc (IHI) jumped by 33%. On the other hand, technology companies declined. The local equities index finished the week at 8,042.663 points. Following the gains in the past two trading weeks, the MSE Index has recovered some lost ground since the beginning of the year and is now down by 5 per cent. A total of 19 equities were active, nine of which traded higher whil...

Creating board for arecanut is not a priority, says Centre Updated: Updated: Arecanut production in State grows by 95% in last 5 years Share Article AAA Karnataka, Assam, Kerala, Tripura, Meghalaya, and West Bengal are the major producers of arecanut in the country.   Arecanut production in State grows by 95% in last 5 years The Union government has said that creating a separate board for arecanut is not a priority for it. At the same time it has said that arecanut production in Karnataka, which contributes about 75% to the domestic production, witnessed a growth of 95% during the last fi...