Month: April 2024

Industry body seeks release of ‘pending’ subsidies by Tea Board

April 12, 2024 admin

Tea Association of India (TAI), a leading body of planters, on April 12 sought the release of “pending subsidies” from the Tea Board to carry out developmental activities undertaken at various gardens. The Tea Board has been extending subsidy and financial incentives for undertaking various activities relating to improving production and quality of tea under…

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Inflation drops to 10-month low in March 2024, but no relief on food bills yet

April 12, 2024 admin

A similar easing was recorded in pulses, whose prices rose 17.7% in March, 2024, from 18.5% in February. | Photo Credit: Sushil Kumar Verma India’s retail inflation moderated to a ten-month low of 4.85% in March from 5.1% in February, but food inflation remained sticky at 8.52%, little changed from the 8.66% recorded in the…

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The Science Quiz | SI-derived units

April 12, 2024 admin

Construction tape measure on a wooden floor | Photo Credit: andreygonchar Questions: 1. X is the derived unit used to measure solid angles. 1 X is roughly 3,283 square degrees. More generally, it’s the amount of solid angle a unit area on a unit sphere’s surface subtends at the sphere’s centre. Name X. 2. The…

Science

European court ruling puts cautious Swiss in climate bind

April 12, 2024 admin

Rosmarie Wydler-Walti and Anne Mahrer, of the Swiss elderly women group Senior Women for Climate Protection, attend the hearing of the court for the ruling in the climate case Verein KlimaSeniorinnen Schweiz and Others v. Switzerland, at the European Court of Human Rights (ECHR) in Strasbourg, France April 9, 2024. | Photo Credit: Reuters Switzerland…

Science

India’s GDP to grow 6.1% in 2024: Moody’s Analytics

April 12, 2024 admin

Moody’s corporate headquarters in New York. File | Photo Credit: Reuters Moody’s Analytics on April 12 projected India’s economy to expand 6.1% in 2024, lower than 7.7% growth clocked in 2023. It said output in India remains 4% lower than it would have been without the COVID pandemic and its various aftershocks — from supply…

Business

Vodafone Idea FPO worth ₹18,000 to open from April 18

April 12, 2024 admin

Vodafone Idea said its board has approved a Follow-on Public Offering (FPO) of equity shares of up to ₹18,000 crore. Image used for representative purpose only. | Photo Credit: Reuters Telecom operator Vodafone Idea on April 12 said its board has approved a Follow-on Public Offering (FPO) of equity shares of up to ₹18,000 crore….

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Astronomers unravel the mystery of the ‘Dragon’s Egg’ nebula

April 12, 2024 admin

The nebula NGC 6164/6165, also known as the Dragon’s Egg, a cloud of gas and dust surrounding a pair of stars called HD 148937, is seen in this undated handout image taken with the VLT Survey Telescope hosted at the European Southern Observatory’s Paranal Observatory in Cerro Paranal, Chile. | Photo Credit: Reuters Two large…

Science

Stock Market Today: Markets decline in early trade after record-breaking rally

April 12, 2024 admin

Equity benchmark indices declined in early trade on April 12 after a record-breaking rally in the previous trade. | Photo Credit: REUTERS Equity benchmark indices declined in early trade on April 12 after a record-breaking rally in the previous trade as investors went in for profit-taking amid weak trends from Asian markets. The hotter-than-expected U.S….

Business

Rupee falls seven paise to 83.38 against U.S. dollar in early trade

April 12, 2024 admin

At the interbank foreign exchange, the Rupee opened at 83.36 against the dollar and touched a low of 83.38 in the initial trade, registering a fall of seven paise over its previous close. | Photo Credit: The Hindu The Rupee depreciated seven paise to 83.38 against the U.S. dollar in early trade on April 12,…

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ADB pegs India’s GDP growth at 7% in 2024-25, 7.2% next year

April 11, 2024 admin

Photo used for representation purpose only. | Photo Credit: Reuters India’s economy is expected to remain robust over the next two years even though headline growth in the country’s Gross Domestic Product (GDP) is forecast to slow from 7.6% in 2023-24 to 7% this year before improving to 7.2% in 2025-26, the Asian Development Bank…

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