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Amid an extended ban on onion exports, farmers and traders are miffed that some shipments allowed by the government to markets like the United Arab Emirates (UAE) have been sold at a pittance, even as global prices have soared, yielding windfall profits for selected importers. An Indian farmer is being paid just ₹12 to ₹15…
Read More “Onion traders cry foul over underpriced exports to UAE” »
Vistara Boeing 787-9 Dreamliner during its launch in New Delhi. | Photo Credit: PTI The story so far: Vistara recently saw a large number of flight cancellations and delays which is being attributed to a mismatch between continuous route expansion and the strength of pilots at the airline. But coinciding with the announcement of a…
Read More “Why are Vistara flights being cancelled? | Explained” »
A Vistara Airbus A320 passenger aircraft. File. | Photo Credit: Reuters Vistara has cancelled nearly 1,000 flights for the month of April in order to ensure stability in its operations, which saw a massive disruption last week over hectic rosters for pilots and unrest from a section of cockpit crew over pay cuts. “We are…
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Chairman of the Thirteenth Finance Commission Vijay Kelkar has called upon the country’s next government to undertake urgent reforms in the “unnecessarily complex” GST regime, such as switching to a single tax rate of 12%. Image for representation. File | Photo Credit: The Hindu A key architect of India’s tax reforms and the chairman of…
Adani Group will invest about ₹2.3 lakh crore through 2030 in India’s most ambitious renewable energy expansion and solar and wind manufacturing capacity addition ever as it shrugs off a short-seller attack to pursue its trademark rapid growth plans. Adani Green Energy Ltd, India’s largest renewable energy company, will invest about ₹1.5 lakh crore in…
Read More “Adani to invest ₹2.3 lakh crore in renewable energy, manufacturing capacity” »
FPIs have been pumping money into the debt markets for the past few months, driven by the upcoming inclusion of Indian government bonds in the JP Morgan Index. File | Photo Credit: Reuters FPIs have turned cautious as they pulled out ₹325 crore from Indian equities in the first week of this month owing to…
Read More “FPIs withdraw ₹325 crore from Indian equities so far in April” »
The BSE benchmark climbed 596.87 or 0.81%. It hit an all-time high of 74,501.73 on April 4. File | Photo Credit: PTI Four of the top 10 valued firms added ₹1,71,309.28 crore to their market valuation last week with HDFC Bank and Life Insurance Corporation of India (LIC) emerging as the biggest gainers in line…
The female Labour Force Participation Rate had been steadily declining since 2000 and touched 24.5 in 2019, before inching up, particularly in rural areas. | Photo Credit: Getty Images/iStockphoto The story so far: The authors of the India Employment Report, 2024, released recently by the Institute for Human Development and the International Labour Organization, point…
Read More “What is the outlook on women’s employment? | Explained” »
Solar panels and solar fans are displayed among other electronics for sale at a shop inside a wholesale electronics market in Kolkata on March 19, 2024. | Photo Credit: Reuters The story so far: To incentivise India’s solar module manufacturing industry, the Ministry of New and Renewable Energy (MNRE) has brought into effect from April…
Read More “Will new solar power rules boost production? | Explained” »
After a sharp drop in 2023-24, India’s apparel exports may see a muted recovery this year as the U.S. and EU retailers are expected to restock inventories, ratings agency ICRA said in a research note. In the first 11 months of 2023-24, exports of readymade garments were down 11.42% at a little more than $13…
Read More “Apparel exports may see mild recovery this year: ICRA” »
