Economic Development
2 min read
14

Retailers posted 5% growth in December: Retailers Association of India

January 27, 2025
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Retailers reported 5 per cent growth impacted by inflationary pressures in December over same period last year , as per the latest survey by Retailers Association of India (RAI). The industry is now hoping for measures in the upcoming budget to boost consumption. The 57th Retail Business Survey, is for

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Economic Development
3 min read
11

Global Parametrics in pact with Frontier provide crop insurance to women smallholder farmers

January 27, 2025
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Global Parametrics, a CelsiusPro Group company, has partnered with Frontier Markets, a rural social commerce platform, to provide women smallholder farmers in India with affordable crop insurance. The programme initially covers 5,000 farmers and benefits an estimated 24,000 individuals in its first year. A media statement said Global Parametrics

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Economic Development
2 min read
15

Blenders, support boost tea sales at Coonoor auctions

January 27, 2025
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Useful support lent by blenders and packagers, who sell to retail outlets in packets, helped increase tea sales at Coonoor auctions, despite the market being irregular market. Traders said the price was maintained at the bottom level while high-priced tea categories were irregular in sale no:4. Global Tea Auctioneers said

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Economic Development
1 min read
18

Centre invites applications for post of SEBI chief

January 27, 2025
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The Centre has invited applications for the post of Chairman in the Securities and Exchange Board of India (SEBI). The appointment would be made for a maximum period of five years from the date of assumption or till the appointee attains the age of 65 years, whichever is earlier, according

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Economic Development
3 min read
25

Gold has provided 8% annual return since 1971, says WGC research

January 27, 2025
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Gold prices have increased by 8 per cent on an annualised basis since 1971, comparable with that of equities but higher than that of bonds. The precious metal has outperformed many other asset classes over the past three, five, 10 and 20 years besides 2024, the World Gold Council (WGC)

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Economic Development
3 min read
18

Govt considering direct transfer of agri-subsidy to farmers

January 26, 2025
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Agriculture Minister Shivraj Singh Chouhan on Sunday said that the government is considering a plan under which both Centre and States could share the logistics costs when farmers bring their produce and sell directly to consumers. He also said that the government is considering a plan to directly transfer the

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Economic Development
4 min read
27

Kerala readies for a logistics boom

January 26, 2025
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Kerala’s logistics sector is on the threshold of a major expansion with domestic and overseas firms evincing interest in setting up parks and warehousing facilities in Kochi and its suburbs, promising to turn the city into a logistics hub for south India. The interested firms include the US-based Panattoni for

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Economic Development
2 min read
29

Demand revival in emerging markets aids automobile exports grow 19% in 2024

January 26, 2025
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Automobile exports from India rose 19 per cent year-on-year in 2024 led by a robust dispatch of two-wheelers, passenger vehicles and commercial vehicles, according to SIAM data. Overall shipments rose to 50,98,810 units last year, up 19 per cent from 42,85,809 units exported in 2023. “Last year saw revival in

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Economic Development
3 min read
61

Budget 2025: Insurance industry awaits big push with GST waiver on health cover, annuity plans

January 26, 2025
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Insurance industry is awaiting a big push in the upcoming Union Budget 2025-26 by way of waiver of GST on premiums of health insurance and annuity plans, a separate tax deduction for term insurance and life insurance premium under the new tax regime. There has also been expectation of removal of the

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Economic Development
2 min read
25

DGCA move likely to spark interest in air taxi pilot training

January 26, 2025
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Aspiring air taxi pilots in India may soon begin their training as the Directorate General of Civil Aviation (DGCA) is set to unveil licensing guidelines for electric vertical take-off and landing (eVTOL) aircraft, a senior official told businessline. In aviation parlance, advanced air mobility vehicles, or air taxis, refer to a

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