Author: admin

Private sector share in investment sees sharp decline in Q1

Posted on By admin
Private sector share in investment sees sharp decline in Q1

“The private sector lost steam and the manufacturing sector, which dominated fresh capex plans in recent quarters, saw a drop in terms of project numbers as well as investments proposed” File | Photo Credit: Reuters Private investors turned cautious in the first quarter of 2023-24, with fresh manufacturing investment plans shrinking 17.5% year-on-year and overall…

Read More “Private sector share in investment sees sharp decline in Q1” »

Business

India’s rapid urbanisation presents an economic opportunity: Hardeep Puri

Posted on By admin
India’s rapid urbanisation presents an economic opportunity: Hardeep Puri

Union Minister for Housing and Urban Affairs Hardeep Singh Puri addresses at the National Urban Planning Conclave on Creating Sustainable Cities, at Vigyan Bhawan, in New Delhi on Thursday. | Photo Credit: ANI The Union government on Thursday said that the country’s rapid urbanisation presented an economic opportunity and implementing urban planning reforms were key…

Read More “India’s rapid urbanisation presents an economic opportunity: Hardeep Puri” »

Business

We are working with U.K. on intellectual property rights, modernisation: Piyush Goyal

Posted on By admin
We are working with U.K. on intellectual property rights, modernisation: Piyush Goyal

“There is work ongoing with a number of economies, including the U.K., on intellectual property (IP) rights and modernisation in an effort to improve Indian protocols,” Union Minister of Commerce and Industry Piyush Goyal has said. Responding to questions from a gathering of Indian-origin chartered accountants (CAs) from the U.K. Chapter of the Institute of…

Read More “We are working with U.K. on intellectual property rights, modernisation: Piyush Goyal” »

Business

Production rises 5.2%, led by infrastructure and construction goods, even as 12 of 23 manufacturing sectors report contraction

Posted on By admin
Production rises 5.2%, led by infrastructure and construction goods, even as 12 of 23 manufacturing sectors report contraction

Infrastructure and construction goods’ output continued to drive up the Index of Industrial Production (IIP), rising 14% in May. | Photo Credit: Emmanual Yogini India’s industrial output picked up some pace in May to grow at a three-month high rate of 5.2% compared to 4.46% in April, with electricity generation growing 0.9% after two months…

Read More “Production rises 5.2%, led by infrastructure and construction goods, even as 12 of 23 manufacturing sectors report contraction” »

Business

Centre to buy tomatoes from Andhra Pradesh, Karnataka and Maharashtra to sell in northern cities

Posted on By admin
Centre to buy tomatoes from Andhra Pradesh, Karnataka and Maharashtra to sell in northern cities

Southern and western regions contribute 56% to 58% of tomato production. File | Photo Credit: The Hindu After tomato prices rocketed to ₹200 per kg in some cities, the Centre decided on Wednesday to use its agencies to procure stocks from Andhra Pradesh, Karnataka and Maharashtra and sell them at a discount in the areas…

Read More “Centre to buy tomatoes from Andhra Pradesh, Karnataka and Maharashtra to sell in northern cities” »

Business

Explained | What is the legal row between farmers and PepsiCo?

Posted on By admin
Explained | What is the legal row between farmers and PepsiCo?

Farmers harvesting potatoes of the Atlanta variety in contract farming arrangement with PepsiCo India limited at Abhirampur village in Hooghly District. | Photo Credit: Sushanta Patronobish The story so far: On July 5, the Delhi High Court held that there was “no merit” in the appeal filed by PepsiCo over the patent rights for its…

Read More “Explained | What is the legal row between farmers and PepsiCo?” »

Business

Coconut farmers lose sleep as copra price goes from ₹14,500 to ₹7,000 per quintal in 8 months

Posted on By admin
Coconut farmers lose sleep as copra price goes from ₹14,500 to ₹7,000 per quintal in 8 months

Tiptur in Tumakuru district and Arsikere in Hassan district are the prime coconut markets in Karnataka. | Photo Credit: Special Arrangement Coconut growers in Karnataka are losing sleep over the continuous fall in copra prices. The prevailing price in the market, they claim, is insufficient even to meet the input cost. In November 2022, the…

Read More “Coconut farmers lose sleep as copra price goes from ₹14,500 to ₹7,000 per quintal in 8 months” »

Business