ECONOMY

ECONOMY

India requires ability growth to compete within the textile race: Ramraj Cotton Chairman KR Nagarajan

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The political instability in Bangladesh has opened up immense alternatives for Indian textile corporations. Whereas these alternatives current an opportunity for progress, they create in challenges that have to be addressed. The textile business must develop expertise and kit as much as faucet these alternatives, mentioned the Ramraj Cotton founder and chairman, KR Nagarajan. In … Read more

What the Authorities can do to assist farmers overcome local weather change impression

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Rajesh Mohan Ghadge, a small wheat farmer from Phaltan, Satara in Maharashtra, stands on the frontlines of a rising disaster that’s threatening his livelihood and future. Yr after 12 months, his once-thriving crop yields have dropped by over 11.51 per cent, as local weather change tightens its grip. Hotter winters and erratic rainfall patterns have … Read more

India’s horticulture manufacturing dips as vegetable output declines, fruit yields surge

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The nation’s horticulture manufacturing is estimated to have dipped marginally by 0.65 per cent to 353.19 million tonnes (mt) in 2023-24 (July-June) as in comparison with 355.48 mt within the earlier 12 months, in accordance with the third advance estimate launched on Saturday. Within the second advance estimates, the agriculture ministry had estimated horticulture manufacturing … Read more

Garuda Aerospace plans defence drone facility in Chennai, supporting Aatmanirbhar Bharat

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Drone producer Garuda Aerospace has deliberate to determine a devoted Defence Drone facility within the metropolis, giving a fillip to the Centre’s ‘Make in India’ marketing campaign. Throughout his interplay with Union Defence Minister Rajnath Singh in New Delhi just lately, Garuda Aerospace founder-CEO Agnishwer Jayaprakash mentioned a brand new devoted defence drone facility in … Read more

Banks requested to implement efficient measures for optimising restoration from pending circumstances at DRT

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The Finance Ministry has urged banks to have clearly outlined coverage on small and excessive worth circumstances which are pending in Debt Restoration Tribunals (DRTs).  Such an strategy would assist optimise the restoration for the banks. In formulating a settlement coverage, banks must issue within the transaction prices whereas pursuing pending restoration circumstances, the Finance … Read more

Assembly with Biden will assist deepen India-US strategic partnership: Modi

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New Delhi, Prime Minister Narendra Modi has stated that his assembly with US President Joe Biden, throughout his three-day US go to, will permit the 2 to evaluate and additional deepen the India-US complete international strategic partnership that can profit folks within the two nations and the world. Throughout his US go to, from September … Read more

Why good agriculture is the way forward for Indian farmer?

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India has made important strides within the final 20 years within the manufacturing and companies sector. However for the nation to clock that elusive 10 per cent GDP progress, the agriculture sector has to additionally come out of the stagnant charge of 2-3 per cent vary. The problem is compounded by the finite acreage of … Read more

The ability of bamboo: A renewable useful resource to fight local weather change

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Because the world contends with the tough realities of local weather change — escalating carbon emissions, deforestation, and environmental degradation — the seek for options typically factors to superior know-how, coverage reforms, or vital way of life shifts. But, some of the efficient instruments has been quietly rising in nature: bamboo. Lengthy related to custom … Read more

Digital Funds in India soar to new heights: Finmin

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India’s digital funds journey reached new milestones, recording a 44 per cent compounded annual development charge (CAGR) in transaction volumes, surging from 2,071 crore in FY 2017-18 to 18,737 crore in FY 2023-24. Within the final 5 months (April-August) of the present monetary 12 months 2024-25, the transaction quantity has touched 8,659 crore, official knowledge … Read more