ECONOMY
The Confederation of Indian Small Tea Growers’ Associations (CISTA) on Monday urged the Union Agriculture Ministry to recognise small tea growers as farmers and embrace them in farmer producer corporations (FPCs). “Prime Minister Narendra Modi initiated the collectivisation motion in a large means by introducing the formation of the Farmer Producer Firm (FPC) for the … Read more
India’s rice manufacturing for 2024-25 is prone to be a report as farmers have expandedd the acreage below paddy within the ongoing kharif cropping season, whereas widespread monsoon has led to increased reservoir ranges elevating the prospects for the rabi season. In accordance with the US Division of Agriculture’s newest World Agriculture Provide and Demand … Read more
The CA Institute, the world’s largest accounting and audit physique, has authorized the second model of Audit High quality Maturity Mannequin (AQMM) that may be obligatory on audit corporations of sure public curiosity entities. AQMM 2.0, developed by ICAI’s centre for audit high quality, will likely be relevant on corporations auditing a listed entity; or … Read more
After launching retail gross sales of onion on to customers at ₹35/kg, the Centre might resume from October gross sales of choose meals gadgets similar to rice, atta (wheat flour) and a few dal (processed pulses) beneath “Bharat” model amid issues over meals worth inflation. A call is reported to have been taken by a … Read more
For a rustic like India which is a big and numerous financial system with totally different sectors and States at totally different levels of growth, there can’t be a strict prescription for progress, says World Financial institution Chief Economist Indermit Gill. However the ‘infusion’ stage shouldn’t be typically skipped. In an interview with businessline, Gill … Read more
Minister of New & Renewable Power Pralhad Joshi on Monday mentioned that firms have dedicated to put in 340 gigawatts (GW) of photo voltaic module capability and 240 GW in photo voltaic cells by 2030. In his handle on the RE-INVEST 2024, which is organised by the Ministry of New & Renewable Power (MNRE) in partnership … Read more
Growing freight prices, scarcity of containers and dependence on main delivery hubs and overseas carriers pose severe challenges to the nation’s exports, assume tank GTRI stated on Sunday. To handle these challenges, the International Commerce Analysis Initiative (GTRI) really useful that India implement a number of methods to spice up home container manufacturing, improve the … Read more
In what appears to be a shift in method, policymakers on the Centre don’t wish to introduce any predefined guidelines on market behaviour of Huge Tech that will hinder innovation or stifle artistic disruption in digital markets. Preserving area for innovation will stay high precedence even because the Authorities is mulling introduction of an ex-ante … Read more
International Banks count on the Reserve Financial institution of India’s (RBI) Financial Coverage Committee (MPC) to maintain the benchmark repo fee unchanged at 6.5 p.c of their upcoming October 7 – 9 assembly. Whereas they’re anticipating a financial stance change subsequent month, the banks consider that the MPC assembly in December will see each a … Read more
According to its Price range announcement earlier this yr, the Finance Ministry has requested Public Sector Banks (PSBs) to undertake pilot programmes of the brand new credit score evaluation mannequin for MSMEs. The Indian Banks Affiliation (IBA), which has been tasked with the duty to give you the brand new credit score evaluation mannequin, official sources … Read more