Bulk tea sees rise in consumption as well as price, despite Covid-19: ICRA

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Despite the COVID-19 pandemic that has created a demand-supply mismatch, the bulk tea industry has witnessed a sharp increase in both consumption as well as prices, according to a report by ratings agency, ICRA. The bulk tea companies, particularly of northern India are expected to report their best financial performance witnessed in recent history, mainly on the […]

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European Commission seeks public comments on India’s Basmati GI right plea

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The European Commission has sought public comments on India’s plea to register the name ‘Basmati’ under geographical indication (GI). The GI application was filed by India in 2018. Similar applications have also been filed by Agricultural & Processed Food Products Export Development Authority (Apeda) to register the aromatic rice variety under GI in Thailand and Malaysia. […]

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Suggestions on proposed mining reforms in India do not call for legalizing illegal mines

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The government of India has clarified that there is no proposal to certify illegal mining as legal, after receiving a large number of suggestions on the proposed mining reforms. The mines ministry had recently sought suggestions from the general public, mining industry and other stakeholders on the proposed reforms in the Mines and Minerals (Development and Regulation) Act, 1957. […]

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Bihar gets another 400kV Transmission Line at Saharsa from the Union Power Ministry on the eve of impending state elections

R. K. Singh, the Union Minister of State for Power and New & Renewable Energy, laid foundation stone for construction of LILO of Kishenganj-Darbhanga 400kV Transmission Line at Saharsa in Bihar through a virtual event. POWERGRID Ltd., a central PSU under Ministry of Power will execute this Rs 100 crore project. Acknowledging Powergrid for its […]

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Demand for natural rubber may revive in Q3 of 2020: ANRPC Report

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The global demand for natural rubber (NR) is estimated to revive in the third quarter of 2020 after declining 14 per cent year-on-year during the first seven months (January-July), the Association of Natural Rubber Producing Countries (ANRPC) said. The inter-governmental organisation of 13 rubber producing countries in its latest report said the global demand for […]

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