Economy

EV industry seeks priority lending, sops to charging infra & R&D fund support from the Budget

EV industry seeks priority lending, sops to charging infra & R&D fund support from the Budget

Also want funding for R&D

Curb illegal entry of arecanut from Myanmar through Mizoram: Campco

Curb illegal entry of arecanut from Myanmar through Mizoram: Campco

Campco appeals to the Centre to initiate curbing illegal arecanut entry, which affects domestic farmers badly. 

Solvent Extractors’ Association favours restart of mustard futures trading

Solvent Extractors’ Association favours restart of mustard futures trading

Says suspension has not helped in curbing inflation; purpose not served

Don’t hike taxes on cigarettes: FAIFA

No clear evidence linking high taxes to reduced consumption; cigarette smuggling causing loss of ₹16,138 crore

PM crop insurance scheme: Most pending claims due to delay in State govts’ contribution

Of the outstanding claims of ₹3,381 cr, about ₹2,822 crore is pending as the State govts have not paid the subsidy

CESL floats tender to procure over 5,500 electric buses

To be deployed across five major cities, the first tranche is likely to be deployed by July this year. 

India’s agri exports to touch highest level of $50 billion in FY22, says govt

Increase in shipments led by rice, wheat, sugar, marine products, spices

South-East Asian nations continue to buy corn from India

Prices are off highs seen in July 2021 after China cut its demand estimate

Omicron impact: Domestic air traffic nosedives week-on-week in January

Number of daily fliers dropped to 1.92 lakh from 2.88 lakh within a week

IFFCO reaches to Kuttanad farmers to promote nano urea liquid

The cooperative fertiliser company is also conducting campaigns to attract paddy farmers

‘Queen of cereals’ maize set to rule rabi season

Other nutri cereals fail to attract farmers’ interest

Ind-Ra estimates GDP growth at 7.6 per cent

Economic Survey to give growth estimate for FY23

Widespread snow, rain for North-West, Central India from Friday 

Intense western disturbance on the way from Iran

Counter negative campaign on palm oil with scientific facts: SEA

‘Anti-palm lobby’s negative campaign has the potential to mislead consumers, policymakers’

Momentum in India's favour, need to prevail over Covid, says Deloitte CEO

Has an opportunity to add about a trillion dollars to the relocation of supply chains: Punit Renjen

 Thrips attack: Spices Board gets down to work

Calls for identifying varieties that can withstand the pest attack

PFC, REC reduce lending rates

In October last year, the Power Minister had directed the two NBFCs to explore cheaper avenues for raising funds,

Govt to infuse ₹1,500 cr in IREDA to step up RE funding 

Move to meet debt demand of 35-40 GW capacity creation

Dileep Sanghani elected as IFFCO chairman

The elections were held due to the demise of incumbent chairman Balvinder Singh Nakai.

Centre approves 196 grain-based ethanol projects of 859 cr litre capacity

To achieve 25 per cent blending with petrol by 2024-25, the country needs 1,288 crore litres of ethanol

FinMin asks Ministries/Departments to contain the expenditure within the approved Revised Estimate ceilings

The govt has set a fiscal deficit target of 6.8% of GDP or over ₹15.06-lakh crore in FY22; Union Budget to be presented on Feb 1

Domestic natural gas production up 19.45% over the year in December

Higher output from RIL and BP’s KG-D6 Block aided the rise

Two IndiGo flights avert mid-air collision; DGCA orders probe

The incident reportedly occurred at an altitude of 3,000 feet

Volume slips to 10-month low in Coonoor tea auctions

Winter and festivals pull down crop

Global cues lift spot rubber

Prices may top ₹170 a kg soon driven by short supplies and strong domestic demand

Area under chana continues to rise, Maharashtra tops in coverage

Favourable weather, soil moisture aid higher acreage

Cross border trade a business priority for Indian MSMEs, reveals PayPal India survey

MSMEs want to invest in improving checkout and payment process to push up sales

Informal sector has taken a big hit, says Gopal Krishna Agarwal, BJP’s Economic Affairs Spokesperson

Says its recovery is the govt’s prime concern, also speaks on steps needed to be taken to boost demand

India-UK FTA: Indian industry wants tariffs on Scotch not be reduced below ‘sustainable levels’

Says non-tariff barriers on Indian alcoholic beverages in the UK such as minimum maturation period, whiskey ingredients should go

APEDA steps in to help agri exporters in resolving railway rake shortage issue

The shortage of rakes cropped up as the Railways is giving priority to move coal and fertiliser

Modi to host first India-Central Asia Summit virtually on January 27

MEA terms it a reflection of India’s growing engagement with ‘extended neighbourhood’

IT dept notifies new norms for computation of capital gains under ULIP

Proposal part of Budget announcement

Airbus to hire 6,000 globally in 2022

A third of the total recruitment will be allocated to young graduates

Air India suspends some flights to US over 5G deployment

The carrier serves four destinations in the US with Boeing 777s

Omicron impact: Aviation recovery estimates revised downward by ICRA

ICRA moderates its FY2022 recovery estimates to 52% of pre-Covid level as against 62% earlier

Porter announces ESOP liquidation worth $5 million

January 19, 2022 Porter, an on-demand intra-city logistics company, has announced an Employee Stock Ownership Plan (ESOP) monetisation programme wor

Growers and exporters lock horns over MSP for grapes

Harvesting remains suspended in Maharashtra as exporters reject ‘unaffordable’ rate

DGCA extends ban on international flights till Feb 28

Scheduled international passenger flights to and from India remain suspended since March 2020 amid the Covid-19 pandemic

Covid impact: IATA agents launch e-signature campaign for commission

Travel agents seek restoration of 5% commission amid pandemic-induced losses