Punjab: Farmers continue their protest for second day, demand paddy procurement among others
Farmers in Punjab continued their protest for the second day on Sunday to press for multiple demands, including paddy procurement. As part of their protest, farmers organised road blocks, or “chakka jam,” in several parts of Punjab, including Sangrur, Moga, Phagwara, and Batla. Kisan Mazdoor Sangharsh committee and Sanyukta Kisan
Andhra Pradesh joins hand with EESL for powering 1.5 lakh houses with energy efficient appliances
Energy Efficiency Services Limited (EESL) has entered into a significant agreement with the Andhra Pradesh State Housing Corporation Limited (APSHCL) and Andhra Pradesh State Energy Efficiency Development Corporation Limited (APSEEDCO) to enhance energy efficiency in the state. The agreement was signed late evening on Friday in the presence of Chief
Festivals, agriculture, elections set to boost India’s oil demand: S&P Global Commodity Insights
Demand for oil products in India through the October-December quarter is expected to get a boost from festivals, agricultural activities, recovering from a few months of subdued consumption because of excessive rains, according to S&P Global Commodity Insights. According to the commodities information services provider, India’s oil demand decreased in
Biggest challenge before Indian economy is employability, says FM Nirmala Sitharaman, ETCFO
In a fireside chat on India’s decadal economic reforms and continued economic growth in New York, Union Finance Minister Nirmala Sitharaman on Monday (local time) said that the biggest challenge before India is employability. Answering a question on how the country plans to take advantage of the demographic dividend, Sitharaman
Experts downplay panic amidst $12 billion FPI sell-off in Indian equity markets in October
Foreign Portfolio Investors (FPIs) may have caused turbulence in Indian equity markets with their substantial $12 billion in gross sell-offs in October, but experts caution against panic or making doomsday predictions. This is because value of $12 billion sold is just a minuscule proportion of the $800 billion stock of
Corporates can file ITR for FY25 till November 15
The Income Tax Department has extended the due date for filing returns by corporates and individuals whose accounts need to be audited to November 15. “The Central Board of Direct Taxes (CBDT), in exercise of its powers under section 119 of the Income-tax Act, 1961, extends the due date of
Soft landing of global economy is increasingly a possibility: Nirmala Sitharaman, ETCFO
A soft-landing of the global economy, which has experienced tremendous stress over the past several years, is increasingly a possibility, Union Finance Minister Nirmala Sitharaman said Friday. Observing that better days are ahead primarily because of the coordinated action between countries and multilateral financial institutions, the finance minister at the
Global Livestock Conclave to be held in Wayanad from Dec 20
The Global Livestock Conclave, organised by Kerala Veterinary University with a focus on comprehensive development and productivity in the dairy and livestock sectors, has officially launched their website and brochure in Kochi. The website was launched by Pradeep Kumar, Vice Chancellor of Kerala University of Fisheries and Ocean Studies (KUFOS)
Manufacturing, urbanisation key players for India to become developed economy by 2047: Amitabh Kant, ETCFO
NITI Aayog CEO Amitabh Kant. India’s G20 Sherpa and former NITI Aayog CEO Amitabh Kant contends that in order for India to grow at high rates of nine to ten per cent and become a developed economy by 2047, the country’s GDP has to grow by nine times and per
InterGlobe Aviation slips into red
After seven consecutive quarters of profit, InterGlobe Aviation slipped into the red posting a net loss of ₹986 crore in September-end quarter. In the same period last year, the company, which operates India’s largest domestic airline IndiGo, had reported a net profit of ₹188 crore. The airline management blamed seasonality, temporary headwinds