Breaking News

Crypto lender Celsius defends Bitcoin mining plans as bankruptcy kicks off

Posted on By admin
Crypto lender Celsius defends Bitcoin mining plans as bankruptcy kicks off

FILE PHOTO: Celsius Network logo and representations of cryptocurrencies are seen in this illustration | Photo Credit: REUTERS Cryptocurrency lender Celsius Network said Bitcoin mining is key to the company’s restructuring efforts at a U.S. bankruptcy court hearing on Monday in Manhattan. (Sign up to our Technology newsletter, Today’s Cache, for insights on emerging themes…

Read More “Crypto lender Celsius defends Bitcoin mining plans as bankruptcy kicks off” »

Business

Only 50% farmers benefited from farm loan waivers, finds study

Posted on By admin
Only 50% farmers benefited from farm loan waivers, finds study

Photo used for representation purpose only. File | Photo Credit: Ritu Raj Konwar Only about half of the intended beneficiaries of farm loan waivers announced by nine States since 2014, have actually received debt write-offs, as per a study by State Bank of India’s researchers. As of March 2022, the poorest implementation of farm loan…

Read More “Only 50% farmers benefited from farm loan waivers, finds study” »

Business

Amit Shah asks cooperative banks to focus on extending more long-term financing to agri sector

Posted on By admin
Amit Shah asks cooperative banks to focus on extending more long-term financing to agri sector

Union Home Minister Amit Shah. File | Photo Credit: PTI i Cooperation Minister Amit Shah on Saturday urged Agricultural and Rural Development Banks (ARDBs) to extend more long-terms loans to the agriculture sector, including for irrigation projects and other infrastructure. Cooperative banks should focus on providing loans for increasing the irrigated land in the country,…

Read More “Amit Shah asks cooperative banks to focus on extending more long-term financing to agri sector” »

Business

RSS farmer body Bharatiya Kisan Sangh slams Centre’s farm policies

Posted on By admin
RSS farmer body Bharatiya Kisan Sangh slams Centre’s farm policies

The Bharatiya Kisan Sangh urges the government to frame long-term export and import policies that are in the interests of farmers.  | Photo Credit: The Hindu Bharatiya Kisan Sangh (BKS), the Rashtriya Swayamsewak Sangh’s (RSS) farmers’ group, criticised the Centre’s export and import policies. The BKS urged the government to frame long-term export and import…

Read More “RSS farmer body Bharatiya Kisan Sangh slams Centre’s farm policies” »

Business

RSS chief Mohan Bhagwat calls for ‘Bharat-centric’ approach to farming; says organic, ancient methods important

Posted on By admin
RSS chief Mohan Bhagwat calls for ‘Bharat-centric’ approach to farming; says organic, ancient methods important

RSS Chief Mohan Bhagwat. File | Photo Credit: PTI RSS chief Mohan Bhagwat on June 20 laid importance on organic- and ancient methods of farming and said it would be wrong to reject such local knowledge as unscientific without examining them. He was speaking at the annual ‘Convocation-cum-Scientific Convention’ jointly organised by National Academy of…

Read More “RSS chief Mohan Bhagwat calls for ‘Bharat-centric’ approach to farming; says organic, ancient methods important” »

Business

UAE suspends exports and re-exports of Indian wheat for four months

Posted on By admin
UAE suspends exports and re-exports of Indian wheat for four months

Workers carry sacks of wheat for sifting at a grain mill on the outskirts of Ahmedabad, India, May 16, 2022. | Photo Credit: Reuters The UAE has ordered a suspension of exports and re-exports of wheat and wheat flour originating from India for four months, the Gulf nation’s ministry of economy said on Wednesday. The…

Read More “UAE suspends exports and re-exports of Indian wheat for four months” »

Business

Global wheat prices jump after India export ban and Ukraine war: Food and Agriculture Organisation

Posted on By admin
Global wheat prices jump after India export ban and Ukraine war: Food and Agriculture Organisation

Supply trucks loaded with wheat wait for unloading at a port in Kandla, in the western state of Gujarat, India, May 17, 2022. REUTERS/Stringer NO RESALES. NO ARCHIVES. | Photo Credit: Reuters The price of wheat has jumped in the international markets after India announced a ban on the export of the staple cereal and…

Read More “Global wheat prices jump after India export ban and Ukraine war: Food and Agriculture Organisation” »

Business

Explained | Why India, world’s largest producer of sugar, has put brakes on exports

Posted on By admin
Explained | Why India, world’s largest producer of sugar, has put brakes on exports

The story so far: A fortnight after it banned wheat exports, India announced restrictions on the export of sugar to keep a lid on prices in the domestic market. This is the first time in six years that the Centre has placed a restriction on sugar exports. In an order issued by the Directorate of General…

Read More “Explained | Why India, world’s largest producer of sugar, has put brakes on exports” »

Business

Explained | India’s rice fortification scheme and why it has experts worried

Posted on By admin
Explained | India’s rice fortification scheme and why it has experts worried

The story so far:  The Centre recently released a Standard Operating Procedure (SOP), or a set of guidelines, for the smooth implementation of its rice fortification distribution scheme, days after a fact-finding team alleged that fortified rice was being distributed in Jharkhand without the consent of beneficiaries. In a report published on May 16, a…

Read More “Explained | India’s rice fortification scheme and why it has experts worried” »

Business