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Category: Business

Business

Watch | Budget 2023 | Mobile phones, TVs to get cheaper; toys, bicycles, automobiles dearer

Posted on February 1, 2023 By admin
Watch | Budget 2023 | Mobile phones, TVs to get cheaper; toys, bicycles, automobiles dearer

Watch | Budget 2023 | What’s cheaper and what’s costlier? Customs duties on articles made from bars of gold and platinum have been increased. | Photo Credit: PTI With a view to promoting exports, boosting domestic manufacturing, and enhancing value addition, the Union Budget 2023-24 has proposed a number of changes to the Customs Duty regime which…

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Business

Budget 2023 | Govt to borrow record ₹15.4 lakh crore in FY24 to bridge revenue gap

Posted on February 1, 2023 By admin
Budget 2023 | Govt to borrow record ₹15.4 lakh crore in FY24 to bridge revenue gap

Union Finance Minister Nirmala Sitharaman presents the Union Budget 2023-24 | Photo Credit: PTI The government plans to borrow a record ₹15.4 lakh crore from dated securities in FY24 to meet its expenditure requirement to prop up the economy. This is higher than the total borrowing of ₹14.21 lakh crore for the current financial year…

Read More “Budget 2023 | Govt to borrow record ₹15.4 lakh crore in FY24 to bridge revenue gap” »

Business

Economic Survey 2022-23 | Growth dips, public investment stagnant in agriculture sector

Posted on January 31, 2023 By admin
Economic Survey 2022-23 | Growth dips, public investment stagnant in agriculture sector

Farmers ride on a cart loaded with grass in a village on the outskirts of Jalandhar, Punjab on January 31, 2023. According the Economic Survey, the performance of the agriculture and allied sector had been buoyant over the past several years due to the measures taken by Centre to augment crop and livestock productivity |…

Read More “Economic Survey 2022-23 | Growth dips, public investment stagnant in agriculture sector” »

Business

Centre may announce ‘benchmark price’ for minor millets

Posted on January 25, 2023 By admin
Centre may announce ‘benchmark price’ for minor millets

Considering the increase in the cultivation of millets, the Centre may soon announce a benchmark price for minor millets produced in various States. The Centre said it would help States to procure and distribute millets through the public distribution system. At present, millets such as jowar, bajra and ragi are procured by nine States with…

Read More “Centre may announce ‘benchmark price’ for minor millets” »

Business

Discrepancies in insurance disbursement baffle Barmer farmers

Posted on January 21, 2023 By admin
Discrepancies in insurance disbursement baffle Barmer farmers

Farmers staging a protest against discrepancies in the disbursement of compensation for loss of crops at Gudamalani in Barmer district in Rajasthan. | Photo Credit: Special Arrangement. A peculiar situation has arisen for farmers in Rajasthan’s Barmer district, where the public sector Agriculture Insurance Company of India (AIC) has released compensation against claims for damage…

Read More “Discrepancies in insurance disbursement baffle Barmer farmers” »

Business

Farmers to step up stir for MSP coinciding with budget session of Parliament

Posted on January 16, 2023 By admin
Farmers to step up stir for MSP coinciding with budget session of Parliament

All India Kisan Sabha(AIKS) national president Ravula Venkaiah said the agitation to press for statutory backing to the minimum support price(MSP) regime will be intensified coinciding with the budget session of the Parliament. Addressing the media here on Monday, Mr. Venkaiah said: “We will not rest until MSP is not fixed as per the formula…

Read More “Farmers to step up stir for MSP coinciding with budget session of Parliament” »

Business

Dry, cold weather springs hope for mango lovers in Karnataka after two consecutive years 

Posted on January 14, 2023 By admin
Dry, cold weather springs hope for mango lovers in Karnataka after two consecutive years 

If dry weather continues till April, then the yield is expected to be around 12 lakh metric tonnes this year | Photo Credit: K. MURALI KUMAR There seems to be some good news for mango lovers this season. After two ‘off’ years, this year there might be a good amount of yield, barring any weather…

Read More “Dry, cold weather springs hope for mango lovers in Karnataka after two consecutive years ” »

Business

Three multi-State societies to procure and distribute seeds

Posted on January 11, 2023 By admin
Three multi-State societies to procure and distribute seeds

Cooperation Minister Amit Shah says the societies will help protect indigenous natural seeds from extinction. File | Photo Credit: The Hindu The Union Cabinet has approved the setting up of three national-level multi-State cooperative societies to act as an apex body for procurement, processing, marketing and distribution of seeds. Union Home and Cooperation Minister Amit…

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Business

Mutual fund industry AUM rises 5.7% in 2022: Amfi

Posted on January 10, 2023 By admin
Mutual fund industry AUM rises 5.7% in 2022: Amfi

Representative image. | Photo Credit: Getty Images The mutual fund industry added ₹2.2 lakh crore to its asset base in 2022, driven by consistent monthly increase in SIP (Systematic Investment Plan) flows. The Assets Under Management (AUM) of the mutual fund industry rose by 5.7%, or ₹2.2 lakh crore, to a total of ₹39.88 lakh…

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Business

Activists allege regulatory lapses in approving GM mustard

Posted on January 6, 2023 By admin
Activists allege regulatory lapses in approving GM mustard

Women carry fodder for their cattle through a mustard field on the outskirts of Srinagar. File | Photo Credit: Reuters The Coalition for a GM-Free India, a platform that’s fighting a case in the Supreme Court against the trials of genetically modified mustard, released a report in New Delhi on Friday to showcase at least…

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Business

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