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Category: Business

Business

Centre revises wheat stock limits to rein in prices, hoarding

Posted on December 8, 2023 By admin
Centre revises wheat stock limits to rein in prices, hoarding

Workers carry sacks of wheat for sifting at a grain mill on the outskirts of Ahmedabad. File | Photo Credit: Reuters The Centre revised the wheat stock limits on December 8 as increase in the prices of wheat and wheat flour (atta) remained unchanged in many parts of the country. For traders and wholesalers, the…

Read More “Centre revises wheat stock limits to rein in prices, hoarding” »

Business

Centre bans onion export till March; Nashik farmers protest

Posted on December 8, 2023 By admin
Centre bans onion export till March; Nashik farmers protest

Workers at Vinchur onion market in Nashik. File | Photo Credit: PTI The Centre has imposed a ban on the export of onions until March 31, 2024, to curb the surging local prices of the product. A Directorate General of Foreign Trade (DGFT) order late on Thursday said: “Export policy of onions… is amended from…

Read More “Centre bans onion export till March; Nashik farmers protest” »

Business

Sensex, Nifty Touch All-Time High Day After BJP's Poll Victory In 3 States

Posted on December 4, 2023 By admin
Sensex, Nifty Touch All-Time High Day After BJP's Poll Victory In 3 States

Indian shares hit fresh all-time highs on Monday, driven by financials and energy stocks as state election results boosted market momentum emerging from strong macroeconomic data and easing global interest rate expectations. The NSE Nifty 50 index rose as much as 1.65% to 20,602.50 points, notching a record high for second session in a row….

Read More “Sensex, Nifty Touch All-Time High Day After BJP's Poll Victory In 3 States” »

Business

PSPCL Posts Rs 564 Crore Q3 Profit On Lower Power Purchase, More Generation

Posted on December 2, 2023 By admin
PSPCL Posts Rs 564 Crore Q3 Profit On Lower Power Purchase, More Generation

The Punjab State Power Corporation Ltd (PSPCL) has made a profit of Rs 564.76 crore for period ending September as against a loss of Rs 1,880.25 crore in the year-ago period. Under the Aam Aadmi Party (AAP) government led by Chief Minister Bhagwant Mann, the timely repayment of Rs 12,342 crore subsidy to PSPCL helped…

Read More “PSPCL Posts Rs 564 Crore Q3 Profit On Lower Power Purchase, More Generation” »

Business

Centre Bans 'Dark Patterns' On E-Commerce Platforms; Notifies Guidelines

Posted on December 2, 2023 By admin
Centre Bans 'Dark Patterns' On E-Commerce Platforms; Notifies Guidelines

In order to protect consumers’ interest, the government has banned use of “dark patterns” on e-commerce platforms which intend to deceive customers or manipulate their choices. A gazette notification in this regard as “Guidelines for prevention and regulation of dark patterns” was issued on November 30 by the Central Consumer Protection Authority (CCPA) which is…

Read More “Centre Bans 'Dark Patterns' On E-Commerce Platforms; Notifies Guidelines” »

Business

Nifty Hits All-Time High After Upbeat Growth Data, Sensex Up 300 Points

Posted on December 1, 2023 By admin
Nifty Hits All-Time High After Upbeat Growth Data, Sensex Up 300 Points

Nifty hit a fresh record high on Friday, as faster-than-expected economic growth in the September-quarter added to optimism over the global interest rate outlook. The NSE Nifty 50 index rose as much as 0.52% to 20,238.45, a new record high, while the S&P BSE Sensex was up 0.44% at 67,286.16, as of 9.35 am. The…

Read More “Nifty Hits All-Time High After Upbeat Growth Data, Sensex Up 300 Points” »

Business

GDP Grew By 7.6% In Q2 Compared To 7.8% In Q1

Posted on November 30, 2023 By admin
GDP Grew By 7.6% In Q2 Compared To 7.8% In Q1

India’s economy grew 7.6 per cent in the September quarter of this fiscal and remained the fastest-growing large economy, mainly due to better performance by manufacturing, mining and services sectors, the government data showed on Thursday. The gross domestic product (GDP) expanded by 6.2 per cent in the July-September quarter of 2022-23. India remained the…

Read More “GDP Grew By 7.6% In Q2 Compared To 7.8% In Q1” »

Business

Nandan Nilekani, Nikhil Kamath On Forbes Asia Heroes Of Philanthropy List

Posted on November 30, 2023 By admin
Nandan Nilekani, Nikhil Kamath On Forbes Asia Heroes Of Philanthropy List

Nandan Nilekani, co-founder of Infosys, KP Singh, chairman emeritus at DLF, and Nikhil Kamath, co-founder of Zerodha, have been named on the 17th edition of Forbes Asia’s Heroes of Philanthropy list released today. The unranked list “highlights business leaders who are donating from their fortunes and giving personal time and attention to their select causes”,…

Read More “Nandan Nilekani, Nikhil Kamath On Forbes Asia Heroes Of Philanthropy List” »

Business

125 Projects Taken Up For Exploration Of Critical Minerals, Says Minister

Posted on November 29, 2023 By admin
125 Projects Taken Up For Exploration Of Critical Minerals, Says Minister

The government on Wednesday said 125 new projects have been taken up in the current financial year for exploration of critical minerals. There is high demand for critical and strategic minerals, and the demand is usually met by imports. Critical minerals are used in various sectors, including renewable energy, defence, and agriculture. “I am happy…

Read More “125 Projects Taken Up For Exploration Of Critical Minerals, Says Minister” »

Business

Centre to provide 15,000 women self help groups with drones that can be rented out for agricultural purposes

Posted on November 29, 2023 By admin
Centre to provide 15,000 women self help groups with drones that can be rented out for agricultural purposes

The drones can be rented out to farmers for nano fertilizer and pesticide applications. Special arrangement photo for representation. The Union Government will provide 15,000 progressive women self-help groups (SHG) with drones to be rented out to farmers for agricultural purposes. The drone services are envisaged to be used by the farmers for Nano fertilizer…

Read More “Centre to provide 15,000 women self help groups with drones that can be rented out for agricultural purposes” »

Business

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