ECONOMY
India’s diesel exports throughout November this 12 months rose to a 17-month excessive at 2.83 million tonnes (mt) on account of decrease home consumption coupled with larger refinery runs, sparing a bigger capability to promote to clients in Europe and the US. Nevertheless, the rally is more likely to subside within the present month as … Read more
Farmers’ revenue may be doubled by guaranteeing minimal help value in States like Uttar Pradesh, stated Niti Ayog Member Ramesh Chand whereas suggesting States to border agricultural insurance policies in alignment with the present atmosphere within the nation. Addressing the Rural Voice Conclave on agriculture on Nationwide Farmer Day Saturday, Chand stated there are States … Read more
In recent times, the panorama of biofuels in India has undergone vital transformation, with a rising share in general gas consumption and bioenergy turning into an integral a part of the nationwide vitality combine. This surge might be attributed to visionary authorities mandates, aiming to interchange pure gasoline merchandise, improve mixing ratios like E20 and … Read more
The Finance Ministry has imposed definitive anti-dumping obligation on sure Chinese language industrial laser machines used for reducing, marking or welding. The obligation, which is legitimate for 5 years, ranges from 24.66 per cent of Price, Insurance coverage and Freight (CIF) to 147.2 per cent of CIF, relying on the producer. One producer has escaped … Read more
India as a growing nation should proceed to give attention to rising the scale of the financial pie quickly, at the least for the foreseeable future, V Anantha Nageswaran, Chief Financial Advisor in Finance Ministry, has stated. Development within the decrease rungs of society is an inexpensive coverage purpose even when the higher rungs develop … Read more
Religare Finvest Ltd (RFL), an entirely owned subsidiary of Religare Enterprises Ltd (REL), has commissioned an investigation into siphoning-off of funds by the erstwhile promoters of the corporate. “Pursuant to the phrases agreed with respect to the restoration proceeds of Company Mortgage E-book (CLB) portfolio and FDs misappropriated by Lakshmi Vilas Financial institution (LVB) (now … Read more
Cochin Worldwide Airport Restricted (CIAL) has registered a report dealing with of 10 million passengers this 12 months, thereby rising because the 4th in South India to host over one crore passengers yearly. The airport firm achieved the milestone when 173 passengers boarded an IndiGo flight to Bangalore, a press assertion issued right here mentioned … Read more
India is eyeing a better push for cargo motion alongside the Indo-Bangladesh protocol route, which incorporates use of coastal waters, elevated entry and use of Mongla and Chattogram ports within the neighbouring nation, and enhancing connectivity by way of its inland waterways routes. The pitch now’s in direction of inclusion of extra ports in Bangladesh, … Read more
India has emphasised that negotiations on investments don’t belong to the WTO and has cautioned a gaggle of nations, led by a number of developed nations, negotiating a plurilateral deal on investments, in opposition to making an attempt to deliver a “non-mandated, non-multilateral problem” to the formal course of within the WTO in violation of … Read more
International commerce, which is closely depending on container transport, is in troubled waters because of the fallout of the current assaults by Iranian-backed Houthi militants on ships passing by means of the Pink Sea/Gulf of Aden. The container ships are actually being diverted by way of the Cape of Good Hope on the southern tip … Read more