ECONOMY
A rise in capability and spillover of sea cargo to air routes as a result of Crimson Sea disaster helped Indian airports put up double-digit quantity progress in April-June quarter on a year-on-year foundation. General worldwide freight dealt with by airports rose 18.4 per cent to five.68 lakh metric tonnes within the first quarter of FY25. … Read more
Emmanuel Nambusseril and Nishesh Shah have been appointed because the Chairman and Vice Chairman respectively of the All India Spices Exporters Discussion board (AISEF) for the yr 2024-25. Emmanuel Nambusseril is the Chief Advertising and marketing Officer at AKAY Pure Components Pvt. Ltd. Because the producers and exporter of Oleoresins, Spice Oils, Nutraceutical components, steam … Read more
Overseas buyers infused ₹32,365 crore into Indian equities in July on the again of expectation of continued coverage reforms and sustained financial development and better-than-expected earnings season. Nonetheless, they pulled ₹1,027 crore from equities within the first two buying and selling classes of this month (August 1-2), knowledge with the depositories confirmed. There was a … Read more
Folks of India, particularly Andhra Pradesh (AP), Telangana, N-E States and different States have accepted oil palm (OP) like another conventional oilseed crop, as farmers have understood that OP has huge potential for good when cultivated and adopted the most effective agronomical practices. It’s their resilience alternative. India has the potential to deliver greater than two … Read more
The quantity of US LNG exports to India reached 45,269 million cubic toes in Might 2024, in response to US Power Info Administration (EIA) figures. The newest information from the U.S. Power Info Administration (EIA) reveals that liquefied pure gasoline (LNG) exports from america to India have proven noteworthy developments in latest months. The worth … Read more
Metropolis-based engineering firm Texmaco Rail & Engineering Ltd on Saturday mentioned it has secured orders price ₹243 crore from the Mumbai Railway Vikas Company (MRVC) for energy provide initiatives on two routes in Maharashtra. The corporate’s hyper-specialised EPC division, Brilliant Energy, can be accountable for the design, building, set up, testing, and commissioning of the … Read more
India will host the subsequent spherical of negotiations to evaluate the Asean-India Commerce in Items Settlement (AITIGA) in November this yr, per the federal government. The 2 sides participated within the third spherical of the AITGA evaluate in Indonesia this week, throughout which vital efforts had been made to maneuver the talks ahead. “The evaluate … Read more
Prime Minister Narendra Modi on Saturday mentioned that India has the answer within the type of millet farming to deal with international challenges on diet, water shortage and local weather change and talked about that challenges earlier than sustainable agriculture and meals methods can solely be tackled below the holistic strategy of ‘One Earth, One … Read more
The Authorities of India has made appreciable progress beneath the Central Sector Scheme (CSS) for the “Formation and Promotion of 10,000 Farmer Producer Organisations (FPOs). “Based on a press launch by the Ministry of Agriculture and Farmers Welfare, as of June 30, 2024, a complete of 8,875 FPOs have been registered throughout the nation, marking … Read more
With India and Sri Lanka aiming for an early conclusion of the proposed bilateral Financial and Know-how Cooperation Settlement (ETCA), after a five-year hiatus within the negotiations, the Commerce Division has requested varied business sectors to present inputs on essential areas reminiscent of product particular guidelines to find out eligibility of things for tariff concessions. … Read more