The Authority for Consumer Protection and Fair Trade announced Thursday its intention to issue an administrative order to stop violations of monopolistic practices that it charged Israel’s three major soft drink companies to engage in. The companies are the Central Company for the Production of Soft Drinks, Tempo Beverages, and Yapaura-Taburi. The Authority ordered the […]
Over 830 lakh tonne paddy has been procured from farmers at Minimum Support Price (MSP) benefitting about 1.22 crore during the ongoing paddy procurement operations of marketing season 2022-23. Payments worth Rs 171,000 crore have so far been transferred directly into their accounts, an official release from the food ministry said Wednesday. Food Corporation of […]
White House National Security Council (NSC) Coordinator for Strategic Communications John Kirby said on Tuesday said that it is up to India to decide to buy Russian oil and hoped that India will continue to buy Russian oil in keeping within the price cap. Speaking on the price cap on Russian oil, Kirby said, “The […]
Civil aviation fleet in India has risen 75 per cent since 2013-14 to about 700 and is likely to rise towards 1500-2000 in the next half a decade, said Union civil aviation minister Jyotiraditya Scindia a day after Indigo announced the 500 aircraft mega deal with Airbus. “Capability of the Indian civil aviation sector is […]
The State government will collaborate with the National Dairy Development Board (NDDB) to set up a state-of-the-art milk processing plant at Dagwar in Himachal Pradesh’s Kangra district, an official release said. While presiding over a meeting at Oak Over, Chief Minister Sukhvinder Singh Sukhu said that the milk processing plant would be set up at […]
The central government will sell 92.44 lakh shares of Coal India, representing 0.15 per cent of the total equity share of the company, to its eligible employees via Offer For Sale route, the state-owned company informed stock exchanges on Monday. The Coal India shares will be offered at Rs 226.10, the stock exchange filing showed. […]
India and Russia aim to reach a bilateral trade volume of USD 30 billion by 2025, Ved Prakash Singh, First Secretary and Head of the Economic and Commercial Department of the Embassy of India in Moscow said on Wednesday, TV Brics reported. TV BRICS covers the economic agenda of the five countries. The list of […]
The import tax on refined soybean oil has decreased from 17.5 per cent to 12.5 per cent, while the import tax on refined sunflower oil has decreased by a comparable percentage. The decision to decrease charges is completely at odds with the market sentiment, which was anticipating a duty increase given the recent collapse in […]
Delhi Chief Minister Arvind Kejriwal on Tuesday granted in-principle approval to the Food Truck Policy, which aims to set up food trucks across the national capital making it a ‘Food Truck Capital’. “Recognising the immense potential of the food truck industry, Chief Minister Arvind Kejriwal emphasised the positive impact it would have on employment generation […]
Airfares have dropped on several routes after Aviation Minister Jyotiraditya Scindia asked airlines to rein them and as a result of this intervention, domestic airfares have declined by up to 60 per cent. “As a result of this intervention, prices have seen up to 60 per cent decline. This is being monitored daily by the […]
