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The Centre has decided to introduce from September fortnightly sugar allocation system replacing the existing monthly quota system. According to an official press release, the mills will be required to sell at least 40 % of the allocation in the first week and remaining quantity in the succeeding week. The statement said that physical verification…
Read More “Government to introduce fortnightly sugar allocation” »
Former Union Minister P. Chidambaram during an interview with The Hindu. | Photo Credit: The Hindu India could have carried out economic reforms 10 years before 1991, but “certainly not” during the time of Swatantra Party’s founder C. Rajagopalachari, the first and only Indian governor-general of independent India, former Union Minister P. Chidambaram told The Hindu…
Read More “1991 reforms could have begun in 1981, but not during Rajaji’s time, says Chidambaram” »
India’s plant-protein ingredients market is expected to double from its current estimated size of ₹4,500 crore over the next five years, driven by rising demand for protein-rich, nutraceutical and functional food products, according to industry estimates. “India is witnessing a clear shift from calorie-consciousness to nutritional consciousness, with protein emerging as a key driver of…
Read More “India’s plant-protein ingredients market seen doubling to ₹9,000 cr in five years” »
Image used for representational purposes only. | Photo Credit: S.R. Raghunathan India’s industrial growth in July 2026 stood at 6.7%, slower than the 8.8% seen in June. July’s performance of the Index of Industrial Production (IIP) was, however, the second-best growth the Index has seen since December last year, and was buoyed by the manufacturing…
Read More “IIP growth slows to 6.7% in July 2026, economists warn of sluggish rural consumption” »
Benchmark equity indices Sensex and Nifty rebounded on Friday (August 28, 2026) after two days of losses and ended higher, tracking buying in blue-chip IT stocks and a rally in global markets. The 30-share BSE Sensex climbed 330.92 points, or 0.43%, to settle at 77,264.51. During the day, it jumped 424.38 points, or 0.55%, to…
Peyman Kargar, director and chief executive officer of TVS Motors, effective January 27, 2027. | Photo Credit: Special Arrangement Two- and three-wheeler manufacturer TVS Motor Company, part of TVS VENU, has appointed Peyman Kargar as director and chief executive officer, effective January 27, 2027. Mr. Peyman will succeed K. N. Radhakrishnan, who will continue in…
Minister of Finance and National Revenue Francois-Philippe Champagne, left, and India’s Minister of Finance and Corporate Affairs Nirmala Sitharaman participate in a discussion at the Canadian Club, in Toronto on Thursday, August 27, 2026. | Photo Credit: The Canadian Press via AP Finance and Corporate Affairs Minister Nirmala Sitharaman and Canadian Minister of Finance and…
Read More “India, Canada reiterate commitment to complete trade deal by end of 2026” »
GUWAHATI The Assam Government has decided to streamline and expand its agarwood industry, proposing several measures to simplify regulations, strengthen cultivation and processing, and facilitate exports. These measures were discussed at the first meeting of the Assam Agarwood Task Force and agarwood stakeholders in Guwahati on August 26. Agarwood is dark, fragrant, resinous heartwood that…
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Representative image. File | Photo Credit: Vengadesh R The National Credit Guarantee Trustee Company (NCGTC) has informed banks that the Emergency Credit Linked Guarantee Scheme (ECLGS) 5.0, which was announced in May this year to support MSMEs and non-MSMEs affected by the West Asia war, will be implemented only as long as the ₹2.5 lakh…
Read More “ECLGS 5.0 support for MSMEs to last only for the allocated guarantee cover” »
File photo for representational purposes only. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty rebounded in early trade on Friday (August 28, 2026) after two days of losses, helped by buying in blue-chip IT stocks and a rally in global markets. The 30-share BSE Sensex climbed 245.56 points to 77,191.80 in early trade….
Read More “Stock markets rebound in early trade after two days of losses on buying in IT firms” »