Rupee settles on flat note, up 1 paisa at 84.07 against US dollar
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
Kerala firm wins award from Indian Institute of Millet Research
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
Cyclone Storm Dana: Threatens to pound Odisha and Bengal coasts with heavy rain
Cyclone Dana intensified into a severe cyclone by Thursday midnight, earlier than forecast, over central and adjoining north-west Bay of Bengal, and lay early on Thursday morning over north-west and adjoining central Bay, about 210 km south-east of Paradip (Odisha); 240 km south-southeast of Dhamara (Odisha); and 310 km south
The Swiss are coming as $100 bn deal shifts focus from China to India, ETCFO
Investments in India by Swiss companies such as engineering group ABB and transport firm Kuehne+Nagel are on the rise, with a $100 billion regional trade deal expected to further open it up to businesses long geared towards China. India’s appeal has already reflected a broader shift among businesses in Europe
Cotton Corporation of India 2024-25: Begins purchase of cotton at MSP from Telangana
Cotton Corporation of India (CCI) has begun procurement of the fibre crop at minimum support price (MSP) in the state of Telangana last week. Lalit Kumar Gupta, Chairman cum managing director, CCI said, so far, about 600 bales of cotton has been purchased in Telangana at MSP. “We expect huge
Cold-defying sorghum to transform farming in Kashmir
In a groundbreaking development, the frigid terrains of Jammu and Kashmir are set to welcome a new crop in 2025 – sorghum, which is predominantly a dryland crop. This hardy, drought-resistant crop, traditionally grown in warmer climates, has been successfully adapted to the region’s cold temperatures, marking a significant agricultural
Weak refinery margins to impact IoCL’s performance in Q2 FY25
State-run Indian Oil Corporation (IoCL) is expected to report a subdued performance in Q2 FY25, on an annual basis, on account of a hit on refinery margins. According to JM Financial, oil marketing companies (OMCs) are likely to report a Q-o-Q improvement in EBITDA on robust auto-fuel marketing margin; that,
India’s business activity grows at faster clip in Oct, PMI shows
Growth in India’s business activity picked up slightly in October after softening last month, led by stronger demand in the manufacturing sector, according to a survey that also showed job creation rose at the fastest pace since February 2006. Also read: Growth of Indian construction equipment players getting “distracted” due
Schneider Electric to provide energy management solutions to Noida International Airport
Schneider Electric said on Thursday that it has formed a strategic partnership with Noida International Airport to introduce building and energy management solutions. Through this collaboration, Schneider Electric will roll out complete building management solutions, comprising Electrical SCADA and Advanced Distribution Management System, aimed at significantly boosting the airport’s operational
Board to convene consumers meeting next week over falling natural rubber prices
Concerned over the falling prices of natural rubber, the Rubber Board will organise a meeting of consumers next week. The Executive Director of the Board has called for a meeting of major natural rubber consumers on October 28. The objective of the meeting is to review the current market situation