Economic Development
2 min read
103

AMPIN Energy secures 27MWp solar project in Maharashtra

October 28, 2024
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AMPIN Energy Transition said on Monday that it has strengthened its alliance with Varroc Group by signing a transaction document for an additional 27 megawatt peak (MWp) solar power project in Maharashtra. This order follows the successful & timely implementation of AMPIN’s initial solar projects in Maharashtra, Karnataka, Uttar Pradesh

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Economic Development
3 min read
135

NSRCEL launches second cohort of Circular Economy programme

October 28, 2024
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NSRCEL, the innovation and entrepreneurship hub of IIM-Bengaluru, has announced the launch of the second cohort of its Circular Economy programme with continued support from the Pernod Ricard India Foundation (PRIF) as the lead programme partner. This year, Yunus Social Business has joined the initiative as an Impact Readiness

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Economic Development
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121

UPL recognised as top patent applicant in agro-chemical research

October 28, 2024
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UPL, a global provider of sustainable agricultural solutions, has been recognised as the top Patent Cooperation Treaty (PCT) applicant in the Indian Science and Technology (S&T) clusters for agrochemical research. This recognition comes from the Global Innovation Index (GII) 2024, which annually ranks the world’s economies based on their innovation

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Economic Development
2 min read
102

Centre asks sugar mills to pack 20% of production in jute bags

October 28, 2024
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The Centre has directed all sugar mills to pack 20 per cent of their production of the commodity in gunny bags as per an order issued by the Textile Ministry, failing which action will be taken against erring mills. However, it has not mentioned exactly what type of action will

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Economic Development
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124

Subdued blenders’ demand hits Coonoor tea auctions sales 

October 28, 2024
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Subdued demand from blenders and upcountry buyers led to declining sales at the Coonoor Tea auction with prices of several varieties ruling lower. In the sale 43, out of the offered quantity of 21,85,036 kg, only 69 per cent was sold. In dust varieties, only 66 per cent sales occurred,

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Economic Development
3 min read
124

Urban demand appears to moderate but rural demand continues to improve, says Finmin report

October 28, 2024
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Moderation in urban demand amid softening consumer sentiments and limited footfall due to above-normal rainfall need watching, a Finance Ministry report on Monday said, while simultaneously noting that rural demand has strengthened. It also said that the core inflation remains at very low levels, possibly reflecting the slowdown in demand

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Economic Development
2 min read
114

Centre launches mobile app for grievance redressal of rice millers

October 28, 2024
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Food Minister Pralhad Joshi on Monday launched a mobile application — FCI Grievance Redressal System (FCI GRS) — for rice millers, which is one more step in enhancing transparency and accountability as per the stakeholders’ satisfaction. The mobile application will facilitate rice millers in addressing their grievances with the FCI

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Economic Development
2 min read
108

HML succeeds in bringing back workers to Wayanad tea plantations 

October 28, 2024
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Harrisons Malayalam Ltd, one of South India’s largest tea producers, has succeeded in reviving the plantations of Wayanad after the devastating floods this monsoon. This is evident from the number of workers in the tea estates of the hill district rose by five per cent to 40 per cent during

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Economic Development
2 min read
133

Rupee settles on flat note, up 1 paisa at 84.07 against US dollar

October 28, 2024
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The rupee traded on a flat to positive note and settled 1 paisa higher at 84.07 (provisional) against the US dollar on Monday, on positive domestic markets and a sharp decline in crude oil prices. Forex traders said the rupee traded in a narrow range during the day as the

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Economic Development
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134

Kerala firm wins award from Indian Institute of Millet Research

October 28, 2024
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Fresh Start Wellness Cafe, along with its sister concern Y2K Tots Foundation, has won the Social Venture of the Year award instituted by the Indian Institute of Millets Research (IIMR). The recognition marks the companies’ expertise in millets and the usage of millets-based food products to combat child malnutrition, specifically

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