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
IIHR licences new technology to industry
Technology to make chocolates from jackfruit seeds, vertical farming model and new varieties of okra and marigold were among the new products/technologies that were licenced by the ICAR-Indian Institute of Horticulture Research, Bengaluru on Thursday. Also, an MoU to develop smart packages for crops such as chilli and okra was
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
Proper road infrastructure, skilled workforce among key challenges for logistics industry: experts
Lack of proper road infrastructure, land availability for warehousing and skilled workforce shortages are some of the key challenges being faced by the logistics industry, according to experts. Warehousing needs land availability in and around metropolitan cities as a pick-up in economic activities is creating demand for logistics, Assocham Secretary
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
Festive demand will help shrug off temporary slowdown, says RBI report, ETCFO
Aggregate demand in India is poised to shrug off the temporary slowdown in momentum in the second quarter of 2024-25 as festival demand picks up pace and consumer confidence improves, Reserve Bank of India (RBI) said in its monthly bulletin for October 2024. “Rural demand is expected to get a
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
Pre-paid vouchers constitute supply of ‘goods’, taxable at 18%, rules UPAAR
Pre-paid vouchers can be treated at par with Sodexo vouchers or gift vouchers issued by Kalyan Jewellers and accordingly will attract GST at the rate of 18 per cent, Uttar Pradesh’s Authority for Advance Ruling (UPAAR) has ruled. “Supply of vouchers by the applicant are taxable at the rate 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