ECONOMY
The Centre has prolonged the import obligation exemption on masur dal (lentils) by one other yr until March 31, 2025. The Ministry of Finance, by means of a rare gazette notification dated December 21, 2023, prolonged the import obligation reduction on lentils. Import of lentils are being allowed duty-free to assist comprise inflation. Within the … Read more
The Kerala College of Fisheries and Ocean Research and the Centre for Water Sources Growth and Administration (CWRDM) has efficiently developed a spectral library for Uma rice, a well-liked indigenous rice selection in Kerala, utilizing area know-how. The crew, headed by Girish Gopinath of Kufos, utilised distant sensing to check the variations within the spectral … Read more
Full-stack horticulture start-up Fasal has raised ₹100 crore in its Collection-A funding spherical led by TDK Ventures and British Worldwide Funding (BII), the UK’s growth finance establishment and impression investor, with contributions from the ITI Development Alternatives Fund, Navam Capital, and Aureolis Ventures. The spherical additionally noticed participation from all present buyers, together with 3one4 … Read more
A steep decline within the variety of tankers coming into an important Pink Sea conduit means that assaults on ships within the space are additional disrupting a key artery of worldwide commerce. To this point this week, solely about 30 tankers, together with crude oil and gas carriers, have entered the Bab al-Mandab Strait, which … Read more
The West Bengal Authorities is taking a number of measures to arrest the autumn in manufacturing of the well-known Darjeeling oranges as a consequence of Dieback illness, which brought on round 10-15 per cent lower in manufacturing of this number of oranges this yr. Darjeeling mandarin oranges are grown solely in Darjeeling and Kalimpong districts … Read more
New Delhi, December 21 India’s crude oil suppliers such because the Abu Dhabi Nationwide Oil Firm (ADNOC) have expressed concern over repatriation of funds in most popular foreign money and the excessive transaction prices on conversion of funds together with alternate fluctuation dangers. India’s crude oil import invoice, which accounts for 25 per cent of … Read more
The European Union has submitted to the WTO Dispute Settlement Physique that it disagrees with India’s allegations of errors of legal guidelines and authorized interpretation within the dispute panel’s ruling towards the nation’s import duties on sure ICT merchandise, together with cellphones. The bloc will file a written submission on the WTO Appellate Physique on … Read more
Dhanuka Agritech, a number one agro-chemical producer, has signed an settlement with Bikaner-based Swami Keshwanand Rajasthan Agriculture College (SKRAU) to work intently on totally different segments like seeds improvement, soil well being and plant safety. The Memorandum of Understanding (MoU) was signed by Dhanuka Agritech Chairman R G Agarwal and SKRAU Vice Chancellor Arun Kumar, … Read more
Indian Sugar Mills Affiliation, the trade physique of personal sugar mills, has adopted a brand new title, Indian Sugar and Bio-energy Producers Affiliation, however will proceed to make use of the quick type ISMA. Asserting the change in a press release on Thursday, ISMA additionally notified that Mandava Prabhakar Rao would be the new president … Read more
Vistara is including worldwide flights from Mumbai to faucet the rising journey demand. The airline will enhance its frequency on the Mumbai-London path to day by day from 4 weekly flights from March 1 and double its flights to Singapore from February 1. The airline has been rising worldwide connectivity from Mumbai and now flies … Read more