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Govt imposes stock limits on traders to keep prices of pulses in check
Business

Govt imposes stock limits on traders to keep prices of pulses in check

New Delhi, June 21: The Centre has issued an order imposing stock limits for pulses that can be stored by wholesalers, retailers, big chain retailers, millers, and importers to prevent hoarding and keep prices in check. The order, which kicks in with immediate effect, prescribes stock limits for tur...
India
Business

India's youth greatest asset, time to build human capital for robust growth: HUL...

New Delhi, June 22: India, which is the fastest-growing economy, can further fuel its growth journey if the leading enterprises and companies collaborate with the government to build a robust human capital, according to Hindustan Unilever Limited (HUL) chairman, Nitin Paranjpe.According to him,...
Atal Pension Yojana adds record 12.2 million new members in 2023-24
Business

Atal Pension Yojana adds record 12.2 million new members in 2023-24

New Delhi, June 22: A record 12.2 million new accounts were opened in the Atal Pension Yojana (APY) during 2023-24 taking the total enrolments to 66.2 million under the government’s social security scheme, according to figures compiled by the Pension Fund Regulatory and Authority (PFRDA).According...
FMCG sales growth in rural areas to outstrip urban markets: Report
Business

FMCG sales growth in rural areas to outstrip urban markets: Report

New Delhi, June 22: Rural India has bounced back as a buyer of fast-moving consumer goods (FMCG) such as soaps and soft drinks and sales of these goods are expected to expand at a faster pace than urban areas in the second quarter of 2024, according to a report by consulting firm Kantar. The report...
Centre approves Rs 13,595 crore to evacuate green energy from Rajasthan, Karnataka
Business

Centre approves Rs 13,595 crore to evacuate green energy from Rajasthan,...

New Delhi, June 22: Central government has approved two new Inter State Transmission System (ISTS) schemes to evacuate 9 GW of renewable energy from Rajasthan and Karnataka with an investment of Rs 13,595 crore, the Ministry of Power said on Saturday. These schemes will be implemented through Tariff...
Rs 3,500cr worth of illicit goods seized by DRI in FY23-24: Official
Business

Rs 3,500cr worth of illicit goods seized by DRI in FY23-24: Official

New Delhi, June 21: Mohan Kumar Singh, Principal Director General of the Directorate of Revenue Intelligence (DRI), said that illicit trade through smuggling and counterfeiting poses an immense threat and impacts legitimate economic activities resulting in government revenue losses and fuelling of...
IndiGo ties up with Garuda to train fresh pilots
Business

IndiGo ties up with Garuda to train fresh pilots

New Delhi, June 20: Leading low cost carrier IndiGo has partnered with Garuda Aviation Academy to train fresh pilots as future junior first officers, under the airline's Cadet Pilot Program. This is the eighth partnership for cadet pilot program by IndiGo in the last 13 years, the airline said on...
Japan’s Takeda allows Sun Pharma, Cipla to market gastro drug in India
Business

Japan’s Takeda allows Sun Pharma, Cipla to market gastro drug in India

Mumbai, June 21: Japan's Takeda Pharmaceutical gave India's Sun Pharmaceutical and Cipla the rights to commercialise the gastrointestinal drug Vonoprazan in the country. The drug, which is sold in the form of tablets under the brand name 'Voltapraz', blocks a key step in the production of stomach...
Asset right growth strategy boosts Storii by ITC Hotels on a high growth trajectory
Business

Asset right growth strategy boosts Storii by ITC Hotels on a high growth...

New Delhi, June 21: Strengthening the presence of Brand Storii, ITC’s Hotel Group has announced the signing of two Storii resorts in Rajasthan. With these signings, the chain’s portfolio of managed properties continues its high growth trajectory through the asset right strategy.Expected to open in...
Indian jewellery sector revenue shoots up by over Rs 1 lakh crore in 5 years: Report
Business

Indian jewellery sector revenue shoots up by over Rs 1 lakh crore in 5 years:...

Mumbai, June 21: India's jewellery retail sector has recorded rapid growth in the last five years surging from Rs 5,04, 400 crore in 2019 to 6,40,000 crore in 2024 on the back of rising incomes in the economy and greater trust in the products due to hallmarking, according to a Motilal Oswal report....
9 Indian ports make it to World Bank
Business

9 Indian ports make it to World Bank's Global Top 100 list

New Delhi, June 19: In a major achievement, as many as 9 Indian ports have made it to the Global Top 100 in the latest edition of the Container Port Performance Index (CPPI), 2023, prepared by the World Bank and S&P Global Marketing Intelligence. Visakhapatnam Port has showcased strong...
Probe into imported Toyota, Yamaha models over fraudulent Japanese testing
Business

Probe into imported Toyota, Yamaha models over fraudulent Japanese testing

Seoul, June 20: The South Korean government said on Thursday it has carried out a probe into some imported vehicles made by Japanese automakers Toyota Motor Corp. and Yamaha Motor Co. in connection with their improper certification tests in their home country. Seoul's Ministry of Land,...
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