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Month: July 2023

Explained | Why are India-Russia trade payments in crisis?

Posted on July 8, 2023 By admin
Explained | Why are India-Russia trade payments in crisis?

Oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia on June 4, 2023. | Photo Credit: Reuters The story so far: As India continues to import oil from Russia, it is getting tougher for the country to pay for it. On the one hand, it faces repercussions of breaching the oil price cap…

Read More “Explained | Why are India-Russia trade payments in crisis?” »

Business

Explained | Why is China limiting exports of raw materials? 

Posted on July 8, 2023 By admin
Explained | Why is China limiting exports of raw materials? 

The Chinese Ministry of Commerce announced that it would implement export controls on items related to gallium and germanium. | Photo Credit: Reuters The story so far: On July 3, in what is being seen as the country’s retaliatory move in the ‘chip war’, the Chinese Ministry of Commerce announced that it would implement export…

Read More “Explained | Why is China limiting exports of raw materials? ” »

Business

Rain, pests drain mangoes of colour, flavour in north India

Posted on July 8, 2023 By admin
Rain, pests drain mangoes of colour, flavour in north India

It’s peak mango season in north India, but varieties of the fruit arriving in the market lack taste, odour and colour. Untimely rains, hailstorms and attacks by semi-looper caterpillars are being cited as reasons for the dip in quality in both home-grown varieties such as Alphonso, Kesar, Dasheri, Chausa, Langda and Lucknowi, and hybrid ones…

Read More “Rain, pests drain mangoes of colour, flavour in north India” »

Business

Data | Retail price of tomatoes more than ₹100 a kilogramme in over 50 cities

Posted on July 7, 2023 By admin
Data | Retail price of tomatoes more than ₹100 a kilogramme in over 50 cities

Tomato inflation: The wholesale price of the tomatoes for the first-grade variety stood above Rs. 100 per kg in many parts of India by the last week of June The sudden and rapid fall in the quantity of tomatoes brought to various mandis across India in the last week of June created a demand-supply mismatch….

Read More “Data | Retail price of tomatoes more than ₹100 a kilogramme in over 50 cities” »

Business

India has highest tariffs on inputs in electronic segment among competing economies like Vietnam: ICEA study

Posted on July 6, 2023 By admin
India has highest tariffs on inputs in electronic segment among competing economies like Vietnam: ICEA study

Image used for representative purpose only. | Photo Credit: K.V.S. Giri India has the highest tariffs on inputs in electronic segment among competing economies such as Vietnam and Thailand, ICEA said on July 6 citing its latest study as the industry body made a strong pitch for reduction in tariffs. The high tariffs impact competitiveness,…

Read More “India has highest tariffs on inputs in electronic segment among competing economies like Vietnam: ICEA study” »

Business

Finance Ministry pushes for reforms to spur FDI inflows

Posted on July 6, 2023 By admin
Finance Ministry pushes for reforms to spur FDI inflows

“India needs to watch FDI data closely and continue to take measures to facilitate FDI inflows.”  | Photo Credit: V. Sudershan The Finance Ministry has made a strong pitch for measures to facilitate Foreign Direct Investment (FDI) flows, that dipped last year and may remain subdued in coming months, mooting greater attention from policymakers to…

Read More “Finance Ministry pushes for reforms to spur FDI inflows” »

Business

India’s macroeconomic management ‘stellar’; paves way for sustained recovery: Finance Ministry report

Posted on July 6, 2023 By admin
India’s macroeconomic management ‘stellar’; paves way for sustained recovery: Finance Ministry report

Representational image only. | Photo Credit: Twitter/@FinMinIndia “Stellar macroeconomic management in the midst of unprecedented global challenges has put India on a quicker recovery path than has been the case in other nations,” the Finance Ministry said in a report on July 6. “Investments in supply-side infrastructure have raised the possibility of India enjoying sustained…

Read More “India’s macroeconomic management ‘stellar’; paves way for sustained recovery: Finance Ministry report” »

Business

Indian Institute of Horticultural Research identifies third unique farmer’s jackfruit variety for promotion

Posted on July 5, 2023 By admin
Indian Institute of Horticultural Research identifies third unique farmer’s jackfruit variety for promotion

The unique characteristic of the new variety is that it is not only tasty and nutritious but also suitable for commercial processing for making products like jam, squash and fruit bar. Enthused by the massive response to two farmers’ varieties of jackfruit — iddu and Shankara — which were promoted by it, the Bengaluru-based Indian…

Read More “Indian Institute of Horticultural Research identifies third unique farmer’s jackfruit variety for promotion” »

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