2024 N-E monsoon ends, but easterly waves may bring odd showers
North-east monsoon rains have ceased over Kerala & Mahe, south interior Karnataka, Tamil Nadu, Puducherry & Karaikal, Rayalaseema and adjoining areas of Coastal Andhra Pradesh & Yanam on Monday, exactly a month after the normal date. The 2024 season may come to an end, but an easterly wave crossing southern
Reliance Industries plans massive ecosystem in Navi Mumbai, including data centres and logistics
Billionaire Mukesh Ambani’s Reliance Industries is planning massive investments in Navi Mumbai, to set up an industrial township that will have an entire ecosystem consisting of industries, logistics infrastructure, data centres, retail, and other infrastructure to support the ecosystem, sources said. The infrastructure will be built in Navi Mumbai IIA
Retailers posted 5% growth in December: Retailers Association of India
Retailers reported 5 per cent growth impacted by inflationary pressures in December over same period last year , as per the latest survey by Retailers Association of India (RAI). The industry is now hoping for measures in the upcoming budget to boost consumption. The 57th Retail Business Survey, is for
Global Parametrics in pact with Frontier provide crop insurance to women smallholder farmers
Global Parametrics, a CelsiusPro Group company, has partnered with Frontier Markets, a rural social commerce platform, to provide women smallholder farmers in India with affordable crop insurance. The programme initially covers 5,000 farmers and benefits an estimated 24,000 individuals in its first year. A media statement said Global Parametrics
Blenders, support boost tea sales at Coonoor auctions
Useful support lent by blenders and packagers, who sell to retail outlets in packets, helped increase tea sales at Coonoor auctions, despite the market being irregular market. Traders said the price was maintained at the bottom level while high-priced tea categories were irregular in sale no:4. Global Tea Auctioneers said
Centre invites applications for post of SEBI chief
The Centre has invited applications for the post of Chairman in the Securities and Exchange Board of India (SEBI). The appointment would be made for a maximum period of five years from the date of assumption or till the appointee attains the age of 65 years, whichever is earlier, according
Gold has provided 8% annual return since 1971, says WGC research
Gold prices have increased by 8 per cent on an annualised basis since 1971, comparable with that of equities but higher than that of bonds. The precious metal has outperformed many other asset classes over the past three, five, 10 and 20 years besides 2024, the World Gold Council (WGC)
Takeover tussle intensifies: Florida investor Danny Gaekwad ups the ante with 55% stake bid for Religare
Florida-based businessman Danny Gaekwad announced on Sunday that, if permitted by SEBI, he would be willing to acquire a controlling stake in Religare Enterprises Ltd (REL) by launching a competing open offer for 55 per cent of the company’s outstanding share capital. This marks a significant shift from his earlier
Govt considering direct transfer of agri-subsidy to farmers
Agriculture Minister Shivraj Singh Chouhan on Sunday said that the government is considering a plan under which both Centre and States could share the logistics costs when farmers bring their produce and sell directly to consumers. He also said that the government is considering a plan to directly transfer the
Kerala readies for a logistics boom
Kerala’s logistics sector is on the threshold of a major expansion with domestic and overseas firms evincing interest in setting up parks and warehousing facilities in Kochi and its suburbs, promising to turn the city into a logistics hub for south India. The interested firms include the US-based Panattoni for