SBI eyes extra market share throughout segments

Even because the aggressive depth for incremental lending enterprise is predicted to stay muted for a while in FY25, State Financial institution of India sees this as a possibility to extend its market share in all lending segments. India’s largest financial institution has pencilled in home advances and home credit score progress of 14.65 per … Read more

Narendra Modi and Invoice Gates discover the transformative energy of expertise in agriculture, training, and well being

Prime Minister Narendra Modi recognized agriculture, training, and well being as three sectors the place he believes expertise can play a giant function on Friday and highlighted his authorities’s efforts. In an interplay with philanthropist and Microsoft co-founder Invoice Gates, Modi stated he used to listen to of the digital divide on the planet and … Read more

Irrigated space elevated to 55% from 47% in 6 years, says Niti Aayog’s Chand

Niti Aayog member Ramesh Chand on Friday stated the irrigated space out of web cropped space of 140 million hectares has elevated to 55 per cent from 47 per cent within the final six years. In consequence, the manufacturing of rabi crops has elevated. He stated elevated demand from the folks to eat seasonal greens … Read more

Harvesting alternatives in agri-input shares

Agriculture was one of many few sectors that remained resilient within the final two years, whilst a number of sectors globally had been ravaged by the Covid-19 pandemic. However now, considerations have emerged, and the near-term outlook appears a bit hazy. International headwinds It is because the sustainability of agriculture the world over has come … Read more

WTO MC13: Members battle for consensus on fisheries, agriculture

WTO members struggled to reach at a consensus on necessary points, together with fisheries subsidies and agriculture, on the final day of the thirteenth WTO Ministerial Convention (MC13) in Abu Dhabi on Thursday as growing nations, together with India, stood their floor on the necessity to defend their fisherfolk and farmers whereas demanding that wealthy … Read more

UP’s loss in potato market share is Bengal’s acquire

Uttar Pradesh’s loss has largely been West Bengal’s acquire by way of promoting potatoes to different states this yr. Bengal is at the moment witnessing increased consumption of its potatoes by different States comparable to Odisha, Assam and Andhra Pradesh as costs of the tuber from Uttar Pradesh are ruling increased. Additionally learn: Yara India, … Read more

Agri Minister asks CII to take conferences and expos to rural areas

Telangana Agriculture Minister Tummala Nageswara Rao has requested the Confederation of Indian Trade (CII) and different stakeholders to take the newest applied sciences and improvements to rural areas in order that small and marginal farmers would get entry to them. Additionally learn:CII to carry 3-day Agtech South convention from Feb 16 “They’ve been following conventional … Read more

Govt launches SARATHI portal to assist insurance coverage firms attain out to farmers

The Centre on Thursday launched a portal ‘SARATHI’ that goals to assist insurance coverage firms attain out to farmers and rural inhabitants with tailor-made merchandise in addition to the federal government’s subsidised insurance coverage merchandise together with Pradhan Mantri Fasal Bima Yojana (PMFBY). Agriculture Minister Arjun Munda additionally launched a helpline quantity 14447 to allow … Read more

PM-Kisan beneficiaries quantity slides 14% in FY24

The Indian Authorities on Tuesday knowledgeable the Parliament that the variety of beneficiaries underneath the flagship Direct Profit switch (DBT) scheme, PM-Kisan has fallen 14 per cent to 9.21 crore in 2023-24 from 10.73 crore final yr. If the ultimate variety of beneficiaries is contained inside 9.5 crore, the annual outgo could possibly be round … Read more

Permit 90 days for fee of products provided by MSMEs to textile sector: TASMA

The textile sector has expressed concern over the impression of a brand new clause within the Earnings Tax Act, 1961, by way of the Finance Act 2023 on fee for items supplied by Micro and Small Enterprises (MSME).  Additionally learn: Goyal flags off 100 cell vans to promote Bharat rice at ₹29/kg Within the Finance … Read more