Over 80,000 petrol pumps, spread across the length and breadth of the country, belonging to both public and private sectors, are operating at near normal level now, a senior government official said. On an average, nearly 60 million people visit petrol pumps every day. Since prices are on the freeze since April 6, private operators […]
Pabhojan Gold Tea, a rare variety from Pabhojan Organic Tea Estate, bagged a record price of Rs1 lakh a kg at the Jorhat auction centre early- June 2022. This tea is known for its characteristic bright liquor and soothing after-taste. Similarly, in the same month a special variety of orthodox tea from Tata-backed Amalgamated Plantation’s […]
The government is keeping a close watch on exports of wheat flour which has witnessed a surge since the ban on wheat shipments was announced on May 13, Sudhanshu Pandey, secretary, ministry of food and public distribution said. “Exports of wheat flour are on the high side, if you compare with previous months,” Pandey said. […]
Sugar mills have urged the government to allow exports of 8 million tonnes (MT) of sugar under the open general licence (OGL) in the next season which commences from 1st October. This, according to the Indian Sugar Mills Association (ISMA), will help the sugar mills enter into future exports contracts well in advance prior to […]
British Prime Minister Boris Johnson reiterated the Diwali timeline for a draft India-UK free trade agreement (FTA), declaring that the proposed trade deal with New Delhi would be the biggest yet in the post-Brexit context. It was during his visit to India in April this year that Johnson and Prime Minister Narendra Modi had announced […]
The Food Corporation of India (FCI) has floated a tender to build 2.47 million tonne (MT) capacity silos across 66 locations by the private sector under the design, build, finance, own and operate model. It is estimated building these silos over the next two years will cost around Rs 2,500 crore. Silos with 1.8 MT […]
E-commerce major Flipkart Group has committed to achieving a net-zero carbon emissions target in its own operations by 2030 and the larger value chain by 2040, according to a company statement. The Flipkart Group will be taking measures in its own operations to reduce 100 per cent emissions by 2030 by increasing energy efficiency at […]
Tata Steel has not made any purchase of PCI coal from Russia post its April announcement of severing business ties with Russia amid the ongoing conflict with Ukraine, a company spokesperson said. On April 20, Tata Steel had said it would stop doing business with Russia. To ensure business continuity, all its steel manufacturing sites […]
India will need $223 billion of investment to meet its goal of wind and solar capacity installations by 2030, according to a new report by research company BloombergNEF (BNEF). The government has set a target of increasing non-fossil power capacity to 500 gigawatts (GW) by 2030. It wants non-fossil fuel power sources to provide half […]
State-owned Oil and Natural Gas Corporation (ONGC) is seeking a minimum $ 17 per mmBtU price for the gas it plans to produce from coal seams in its Bokaro CBM (coal based methane) block in Jharkhand. ONGC invited bids for the sale of 0.20 million standard cubic metres (mmBtU) per day of gas it plans […]
