Weighted common cut-off at G-Sec public sale eases 6 bps to 7.45 per cent

The weighted common cut-off on the State Authorities Securities (SGS) public sale on Tuesday eased to 7.45 per cent from 7.51 per cent eventually week’s public sale within the backdrop world tendencies in addition to the lately introduced buyback of Authorities of India securities (G-sec), based on ICRA. Six states raised ₹9,900 crore via SGS … Read more

Punjab diverting wheat shares to pvt mills, ought to stop and desist from apply: Goyal

Union Minister Piyush Goyal on Friday alleged that the Punjab authorities is diverting wheat shares, provided by the Centre for distribution to poor households, to personal mills. Additionally learn: Haryana, Rajasthan and Punjab farmers count on increased wheat yield this yr Goyal, who handles the buyer affairs portfolio, additionally stated the Mamata Banerjee-led West Bengal … 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

Rabi sowing ends, wheat up, pulses down; temp in Feb-Mar will probably be key to manufacturing

Farmers in Haryana, Punjab and Rajasthan predict no less than seven to 10 per cent improve in yield of wheat this 12 months because of beneficial climate all through January and the latest rains that introduced temperature down and can present requisite moisture for subsequent few days. Nevertheless, any irregular temperature improve on this month … Read more

No scarcity of wheat or sugar; there isn’t a plan to import: Goyal

The federal government has no plans to import wheat and sugar as there may be sufficient availability domestically, Commerce & Business Minister Piyush Goyal has mentioned. The Minister additionally mentioned that the Centre was not contemplating any proposal, as of now, to take away the export ban on wheat, rice and sugar. “Wheat manufacturing is … Read more