Global Parametrics in pact with Frontier provide crop insurance to women smallholder farmers
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
Blenders, support boost tea sales at Coonoor auctions
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
Takeover tussle intensifies: Florida investor Danny Gaekwad ups the ante with 55% stake bid for Religare
Florida-based businessman Danny Gaekwad announced on Sunday that, if permitted by SEBI, he would be willing to acquire a controlling stake in Religare Enterprises Ltd (REL) by launching a competing open offer for 55 per cent of the company’s outstanding share capital. This marks a significant shift from his earlier
Govt considering direct transfer of agri-subsidy to farmers
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
Kerala readies for a logistics boom
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
Demand revival in emerging markets aids automobile exports grow 19% in 2024
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
L&T academy churns out tunnelling workforce
At Larsen & Toubro’s Tunnelling Excellence Academy (TEA) in Kancheepuram, Sekar (name changed), wearing goggles and a helmet, keenly observes his instructor describing the working of the massive tunnel boring machines (TBMs) used to drill underground metro rail corridors. He and the other trainees at the academy will soon join
Budget 2025: Mutual funds industry calls for tax breaks on debt schemes
Ahead of Union budget, the $800 billion mutual funds industry has urged the government to introduce a more favourable dispensation of taxation for debt mutual funds in India. This is a must if investors have to make right asset allocation and a proper retirement security is to be created for
PM Suryaghar, PM Kusum beneficiaries ambassadors of India’s RE journey: MNRE
The Minister of New & Renewable Energy (MNRE) Pralhad Joshi on Saturday interacted with beneficiaries of PH Suryaghar and PM Kusum, exhorting them to become brand ambassadors of India’s renewable energy (RE) journey. The Minister met with 750 such special guests of the Ministry, who were invitees to the Republic Day
Past retirees of NPS can also opt for Unified Pension Scheme
A National Pension System (NPS) Government Employee, who retires on or before March 31, 2025 can opt for Unified Pensions Scheme (UPS). said Finance Ministry in a notification dated January 24. UPS is to be operationalised from April 1, 2025. The scheme will not be available for employees who were