Garlic has become the latest victim of price inflation in basic commodities, witnessing a nearly doubling of prices over the past few days. The escalating rates, now reaching Rs 400 per kg in some areas, are attributed to dwindling supplies. Garlic, a staple spice in Indian households, has experienced a rapid surge in prices, currently […]
The Indian passenger vehicle segment achieved its highest-ever sales in November 2023, reaching 3.34 lakh units. This figure reflects a 3.7 per cent year-on-year growth compared to November 2022 when sales were at 3.22 lakh units. The data, released by the Society of Indian Automobile Manufacturers (SIAM), indicates a positive trend in the automotive industry. […]
Akash Ambani led Reliance Jio collaborated with homegrown consumer tech company Boat. Together, both the players have launched the groundbreaking Boat Lunar Pro LTE smartwatch in India. As per the media reports, it provides a wide range of features but also offers a seamless connection with Reliance Jio’s eSIM network. The smartwatch boasts a built-in […]
The Indo-Italian Chamber of Commerce and Industry (IICCI) recently organised Festa Italiana, which had its grand opening at DLF Emporio Mall for the first time in New Delhi on the first week of December 2023. Festa Italiana has demonstrated the IICCI’s steadfast commitment to advancing Italy’s unique lifestyle brands in India since 2002 showcasing the […]
A total of 3,16,05,581 Micro Small and Medium Enterprises (MSMEs) were registered in India between July 1, 2020, and December 4, 2023, the Central government told the Rajya Sabha on Monday. Minister of State for MSMEs Bhanu Pratap Singh Verma responded in writing when asked by a member about the total number of registered MSMEs […]
Easing global oil prices would help India boost imports from Russia, a senior government official said on Friday, as a lower than USD 60 a barrel price of Russian oil will enable buyers to use Western services such as insurance and ships. The Group of Seven large economies known as G7 and some other nations […]
India’s wheat inventories at state warehouses have dropped to 19 million metric tons, the lowest in seven years, two government sources said on Friday, as two years of falling production forced state-run agencies to sell more grain to private players. Last year, India, the world’s second-biggest wheat producer, banned exports after output was curtailed due […]
India has allowed duty-free imports of yellow peas until March 2024, an official gazette notification said. This is part of New Delhi’s intervention to cool the prices of the overall pulse basket. Reportedly, the duty on yellow peas was first implemented in November 2017 at 50 per cent. India largely imports yellow peas from Canada […]
India has allowed the export of non-basmati white rice in varying quantities to Comoros, Madagascar, Equatorial Guinea, Egypt, and Kenya, an official notification said. Notably, the export of non-Basmati white rice was prohibited on 20 July to check domestic prices and ensure domestic food security. Earlier, India allowed the export of such a variety of […]
India has prohibited the export of onions till March 2024, as per an official notification issued late on Thursday evening. The DGFT notification said the export of onions will be allowed on the basis of permission granted by the central government to other countries based on the request made by the countries. Onions are currently […]
