Tamil Nadu Chief Minister M K Stalin has started preliminary work to melt the unutilised jewellery in possession of the temples in the state into 24 carat gold bars, reports Press Trust of India. Initially, the gold ornaments lying unutilised at the three renowned temples of Sri Karumariamman temple in Tiruverkadu, Sri Mariamman temple in Samayapuram and […]
India imported a record volume of palm oil in September, the highest ever in any single month since the country began importing palm oil in 1966. There has also been a record shipment of edible oils during September 2021 according to the industry body, Solvent Extractors Association of India (SEA). As per the latest data […]
India needs to increase its solar power capacity to 5630 gigawatt in order to become a net-zero emissions nation by 2070, according to a study released by the Council on Energy, Environment and Water (CEEW). At present, India has 100 GW of installed renewable energy capacity, of which solar comprises 40 GW, the study said. […]
A severe shortage of diammonium phosphate (DAP), a key fertiliser during the current rabi season, has forced the Centre to cut the allocation for many states. This is likely to reduce the yield of key winter crops such as wheat, mustard and chana. About a third of DAP’s annual demand of nearly 119 lakh tonne […]
Care Advisory & Research said economies are coming back to normalcy leading to rampant demand and that is driving energy prices reflecting in the demand-supply mismatch. In an interview with CNBC-TV18, CARE’s director Tushar Shah said, “Australia and Indonesia are the two countries which are the biggest exporters of coal. India is one of the […]
Tomato prices in retail markets of metro cities have shot up to Rs 72 per kilogram on tight supply due to unseasonal rains in key producing states like Madhya Pradesh and Maharashtra. Among the metros, the maximum increase in the retail price of tomato was seen in Kolkata where the key kitchen vegetable was ruling […]
The effective import duty on crude and refined varieties of palm oil, soyabean oil and sunflower oil has been reduced between the range of 16.5 and 19.25 percentage points. The cut will be effective from October 14. As retail inflation in edible “oils and fats” surged to second-highest level in 2021 in September, the government […]
The Union coal ministry launched the third tranche of commercial coal auctions, offering 88 mines with geological reserves of 55 billion tonnes of coal and annual peak rated capacity of 282 million tonnes. As many as 48 coal mines in the list are “roll over” mines which could not find bidders in the previous two […]
In tandem with India’s hydrogen roadmap, public sector major Indian Oil Corporation (IOC) is in talks with state transport utilities of Kerala, Uttar Pradesh and Gujarat to set up hydrogen manufacturing units and refuelling stations. The company has also set a target of converting at least 10 per cent of its hydrogen consumption at refineries to green hydrogen soon. The UP unit […]
The European Commission (EC) has put five certification agencies in India on notice after finding traces of a chemical, more than its permissible limit and even in organic sesame seeds exported from the country. In a draft notification issued on 5 October, the European Commission has mentioned that CU Inspections India, Ecocert India, Indian Organic […]
