Private-sector National Collateral Management Services (NCML) announced that it has achieved 10,000 tonnes of auction quantity under its Surakshit Mandi Project for which the value of the commodity is more than Rs 10 crore. NCML is a post-harvest agriculture management company. NCML now aims to focus on wheat and maize for the upcoming Rabi season […]
The Centre has fixed a target to purchase 42.73 million tonnes of wheat in the coming crop-marketing season that will start from April, which is 9.56 per cent more than the actual purchase of the previous year at 38.99 million tonnes. The fixed target was announced when farmers’ protests are still raging on around Delhi […]
Coal India plans to invest Rs 1.43 lakh crore in 26 projects in new business areas. The new business areas will include solar wafer manufacturing, a greenfield aluminium project along with brownfield aluminium projects in a joint venture with NALCO, solar generation projects, and thermal power plants. CNBC-TV18 reported that the company has received approvals […]
State-owned power giant NTPC announced that unit-2 of its Gadarwara Super Thermal Power Station with 800 megawatt (MW) capacity, in Madhya Pradesh has been included in its installed electricity generation capacity. With this, the 1,600 MW Gadarwara Super Thermal Power Station (2 x 800 MW) has become fully operational. Located at Gadarwara in Narsinghpur district of Madhya […]
Wholesale prices of onion at the Lasalgaon Agriculture Produce Market Committee (APMC ), the country’s largest wholesale market – have gone up between 15 per cent and 20 per cent in the last 10 days on account of lower market arrivals. Modal prices of onions at Lasalgaon touched Rs 3,600 per quintal with minimum prices […]
The largest of the four coal blocks that were bid out to private players — Gare Palma IV/1 mine in Chhattisgarh — went to Jindal Power (JPL). As in the first two days of the first phase of auctions undercommercial mining, aggressive bidding was seen in the case of smaller blocks, while larger peers also […]
India’s latest round of coal-block auctions was all set to kick off on 19 October. However, on 14 October, in an unexpected move, the Centre announced yet another delay in the process. The government will announce the revised schedule “shortly” for the latest auctions, which would, when they happen, become the first following the complete […]
Demand for electricity in India for September recorded a 4.6% growth y-o-y to 112.4 billion units (BU), making it the first month in the ongoing fiscal to post a positive growth. This is a clear indication of industrial and commercial activities in the country picking up. Power consumption in the country had fallen off by […]
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. […]
Union minister of petroleum and natural gas Dharmendra Pradhan said that the government plans to have 10,000 retail outlets of compressed natural gas (CNG) in the next five years all across the country. The government plans to increase the share of gas in its energy basket, said Pradhan during the online inauguration of 56 new […]
