Reliance Industries to invest ₹100 crore in ICAR project for biogas feedstock development
Seen as a major breakthrough in agriculture research to enlist corporate interest, Reliance Industries (RIL) is believed to have decided to fund about ₹100 crore to a project under the Indian Council of Agricultural Research (ICAR). The investment is for developing 11 varieties of grass species that can be used
DeHaat expands its reach by acquiring AgriCentral, enhancing farmer services
AgTech platform DeHaat has announced the acquisition of Olam Agri-owned AgriCentral, a farm advisory platform in India, through a business transfer agreement in an all cash deal. The deal size was not disclosed. The acquisition of AgriCentral, a platform with over 10 million smallholder farmers, will enhance DeHaat’s bouquet of
IT department prescribes conditions to avail presumptive taxation for foreign sea cruise players
In order to facilitate sea cruise in India, Income Tax Department has prescribed conditions for non-resident to avail presumptive taxation regime. This is following budget announcement in July. In her budget speech last July, Finance Minister Nirmala Sitharaman said: “There is tremendous potential for cruise tourism in India. To give
India ranks among top 5 global investment destinations, CEOs bullish on growth, AI: PwC survey, ETCFO
India has maintained its position as one of the top five global investment destinations, alongside the US, UK, Germany, and China, according to PwC’s 28th Annual Global CEO Survey: India Perspective. The survey, which polled over 4,700 CEOs across 109 countries, highlights strong optimism among Indian CEOs regarding economic growth
Buyofuel launches app for biofuel inventory management
Buyofuel, a biofuel marketplace, has launched Buyo Inventory App for biofuel inventory management. Biofuel manufacturers, suppliers, and traders face enormous challenges in managing raw material inflow, finished product outflow, production schedule, and machinery maintenance in the market. A media statement said inventory management has been a longstanding issue in the
Brace for potential shifts in community structure of marine resources: CMFRI
Significant changes are occurring in the marine ecosystem owing to the climate crisis, according to Grinson George, Director of ICAR-Central Marine Fisheries Research Institute (CMFRI). Highlighting the impact of climate change on marine fisheries, he stressed the need for all stakeholders to brace for potential shifts in the community structure
Fertilizer import drops 18% in April-December FY25
Urea sales till December 31 in current fiscal recorded an increase of 6.4 per cent to 300.26 lakh tonnes (lt) from 282.08 lt year-ago, whereas sales of all fertilizers put together increased 7.3 per cent to 525.92 lt, mainly due to lower sales of Di-ammonium Phosphate (DAP) fertilizers, according to
India must close export gap to match manufacturing might, says ISID Chief Nagesh Kumar
India must step up its game in manufacturing exports, where it ranks tenth globally—far behind its standing as the world’s fifth-largest manufacturing nation, Nagesh Kumar, Director & Chief Executive, Institute for Studies in Industrial Development, (ISID) has said. “We are the fifth-largest economy in terms of GDP and third-largest in
Festival season, subdued demand hit tea prices in Coonoor auctions
Festival season and less export demand have hit tea prices in Coonoor auctions with the oveall market down by ₹1-2 per kg. Traders said that blenders lent support, whole leaf and plainer varieties remained firm. Small tea growers have indicated that tea arrivals at upcoming auctions are expected to decline
MoU signed with Reliance Industries for liquid jetty at Vadhvan port
A Memorandum of Understanding(MoU) has been signed between Reliance Industries Ltd and Vadhvan Port Project Ltd (VPPL) on Tuesday for setting up a liquid jetty at the upcoming Vadhvan port in Maharashtra. Under this agreement signed in presence of Sarbananda Sonowal, Union minister for Ports, Shipping and Waterways, an investment