The government is likely to come out with guidelines on the new electric vehicle (EV) policy in the coming days after which it can become fully functional in the next few months. Sources in the know have told businessline that some of the manufacturers have requested the government to include brownfields also in the definition … Read more
The Government is planning to bring out a policy on farmer producer organisations (FPOs) after a gap of 11 years that will be aimed at creating a level-playing field for all those who are not getting financial benefits. There was a need to revise the national policy for the promotion of FPOs as many more … Read more
Importers of seven IT hardware items including laptops, personal computers and tablets will stay in suspense for some more time over what India’s import policy on the products would be once the existing notification on obtaining automatic authorisations through an `import management system’ lapses on September 30, this year. A decision on the matter has now … Read more
The Centre has pegged lower the consumption of urea and di-ammonium phosphate (DAP) while raising the expected sales of muriate of potash (MOP) and complex fertilizer during kharif 2024 against the actual sales of these crop nutrients last year. The government prepares the demand estimates for all fertilisers before every season on the basis of … Read more
The European Central Bank is increasingly confident that inflation is coming down, but should still hold off on an interest rate cut until June, Slovak Governing Council member Peter Kazimir said on Monday. The ECB held rates unchanged at a record high last week, but its chief Christine Lagarde said discussions over easing policy have … Read more
In India, both the government and private sectors have been instrumental in enhancing financial security for women, particularly those underprivileged. Initiatives like Sukanya Samriddhi Yojana, Pradhan Mantri Mudra Yojana (PMMY), and Mahila Shakti Kendra (MSK) from the government (to mention a few), alongside specialised schemes from the private sector, have been pivotal for giving financial … Read more
The Indian Newspaper Society (INS) had urgently appealed for a reconsideration of the five per cent Customs Duty on Newsprint. The INS emphasized the critical role of the print media industry in disseminating affordable knowledge, aiding government communication, and maintaining trust amidst online misinformation. The INS highlighted the significance of sustaining the print media industry … Read more
The sugar industry in India has undergone a significant transformation in recent years, transitioning from its traditional role as a provider of sugar to households and bulk consumers to becoming a key player in the country’s liquid energy generation. Also read: Editorial. A higher FRP may not fix the sugar sector’s woes This transformation is primarily … Read more
Wheat production may exceed the targetted 114 million tonnes (mt) this year on good weather and higher acreage of climate resilient varieties, said G P Singh, director of Karnal-based Indian Institute of Wheat and Barley Research (IIWBR). Also read: As wheat starts arriving, traders/ millers wonder how prices will move this year Speaking to businessline … Read more
India will allow 100% foreign direct investment in the manufacture of satellite systems without official approval and eased the rules for launch vehicles, a government statement said, aiming for a greater share of the global space market. India’s space ambitions got a boost when it became the first country to land a spacecraft near the … Read more