COVID 19 Updates Storm after calm in cotton market as prices gain on lower US crop

Storm after calm in cotton market as prices gain on lower US crop

[ad_1] Cotton prices are heading higher again in the global market after the International Cotton Advisory Comittee (ICAC) and the US Department of Agriculture (USDA) estimated a drop in production next season starting October. The estimates have driven the natural...
COVID 19 Updates FSIB recommends Mohammad Mustafa for post of NABARD Chairman

FSIB recommends Mohammad Mustafa for post of NABARD Chairman

[ad_1] The Financial Services Institutions Bureau (FSIB) on Wednesday recommended Mohammad Mustafa for the post of NABARD Chairman. “After interfacing with 15 candidates on August 16-17, 2022, the bureau recommends Mohammad Mustafa for the position of Chairman in National Bank for...
COVID 19 Updates Foodgrain output pegged at record 315.72 mt

Foodgrain output pegged at record 315.72 mt

[ad_1] India’s wheat output for the 2021-22 crop year (July-June) has been raised to 106.84 million tonnes (mt) in the fourth advance estimates, 0.43 mt higher than what was estimated in May. Besides wheat, the government on Wednesday raised its...

Natural gas at a strong resistance

[ad_1] The natural gas futures on the MCX , which has been on a rally over the past week, has now reached an important point. Currently trading at around ₹745, the contract faces a strong resistance band between ₹730 and...

With net profit up 164%, it was blockbuster FY22 for Tata Sons

[ad_1] Tata Sons’ net profit has zoomed by a record 164 per cent in 2021-22. The company’s annual report, accessed by BusinessLine, shows a significant improvement in its performance in FY22, with profit before tax (PBT) at ₹19,547.02 crore as...
COVID 19 Updates 1.5% interest subvention on farm loans restored

1.5% interest subvention on farm loans restored

[ad_1] The Cabinet on Wednesday approved restoring interest subvention on short-term agriculture loans to 1.5 per cent for all financial institutions. Thus, Interest Subvention of 1.5 per cent will be provided to lending institutions (public/private sector banks, small finance banks,...

Selling tyres via kirana stores, CEAT on a roll

[ad_1] CEAT , the RPG Group flagship tyre company, has gone off the beaten track to take its products to the unreached. It may sound unthinkable to go buy a tyre from a shop stocking groceries, milk and FMCG products....
COVID 19 Updates Valiant Army dog Axel honoured posthumously

Valiant Army dog Axel honoured posthumously

[ad_1] Axel, an Army dog, was posthumously honoured with a ‘Mention in Dispatches’ for showing exemplary courage during several counter terrorism operations.A Belgian Malinois breed, Axel is the first Army’s assault Dog to get a ‘Mention in Dispatches’ by President...
COVID 19 Updates Zomato-backed Shiprocket raises $33.5 million at over $1 billion valuation

Zomato-backed Shiprocket raises $33.5 million at over $1 billion valuation

[ad_1]   Zomato-backed Shiprocket, an e-commerce shipping enablement platform, has signed definitive agreements for a $33.5 million (₹270 crore) Series E2 funding round co-led by Temasek and Lightrock India along with participation from existing investors including Bertelsmann India Investments, March Capital,...
COVID 19 Updates Restoration of interest subvention on short-term farm loan gets cabinet nod, enhances the limit of ECLGS by ₹50,000 crore 

Restoration of interest subvention on short-term farm loan gets cabinet nod, enhances the limit of ECLGS by ₹50,000 crore 

[ad_1] The Cabinet on Wednesday approved restoring interest subvention on short-term agriculture loans to 1.5 per cent for all financial institutions. Thus, Interest Subvention of 1.5 per cent will be provided to lending institutions (public/private sector banks, small finance banks,...
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