Four poll-bound states announce a slew of measures to woo farming community

Business-standard | February 19 2018 Four big states heading for legislative assembly elections in a few months have all announced a slew of measures to woo the farming community. Crop loan waivers, bonuses on procurement and direct fund transfers for dryland agriculture are among the measures announced by Bhartiya Janata Party-ruled Madhya Pradesh, Rajasthan and Chhattisgarh, and [...]

2018-02-19T14:22:40+00:00 February 19th, 2018|Uncategorized|

Govt. to ink pact with ICRISAT

The Hindu | February 19 2018 The territorial administration will sign a memorandum of understanding with the Hyderabad-based International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) to enhance agriculture productivity in Puducherry and Karaikal regions. Chief Minister V. Narayanasamy on Sunday told presspersons that the Agriculture department would enter into an agreement with ICRISAT, an international [...]

2018-02-19T14:21:27+00:00 February 19th, 2018|Uncategorized|

Private Indian refiners likely to get stake in crude oil reserves

Business-standard | February 19 2018 The government is planning to take private Indian refiners as partners for the next phase of building strategic crude oil reserves. The project, estimated to cost Rs 100 billion, is likely to be done on a public-private partnership mode. Private refiners Reliance Industries and Essar might join hands with the government to build and [...]

2018-02-19T14:20:00+00:00 February 19th, 2018|Uncategorized|

No effect on fertilizers consumption in state

Nyoooz | February 19 2018 Comparatively, the urea consumption was 10.76 lakh MT in 2014-15, 14 lakh MT in 2015-16, and 10.94 lakh MT in 2016-17. PATNA: The initial fear raised in January that the government decision to make Aadhaar number must for purchase of fertilizers at subsidized rates from licensed retailers would hit farmers [...]

2018-02-19T14:19:05+00:00 February 19th, 2018|Uncategorized|

Kerala Industrial Infrastructure Development Corporation gets Centre’s green signal for Spices Park in Thodupuzha

New Indian express | February 19 2018 The Kerala Industrial Infrastructure Development Corporation (Kinfra) has obtained the in-principle approval from the Central Government for setting up a spices processing cluster at Thodupuzha in Idukki. Kinfra proposes to establish Spices Park in Idukki for the processing and value addition of spices and its products, offering processor [...]

2018-02-19T14:18:09+00:00 February 19th, 2018|Uncategorized|

Focus: Destination Bahrain

The statesman | February 18 2018 India and Bahrain have had economic and trade relations for over several centuries; these relations received fresh impetus from the oil boom of the early seventies. Relative prosperity and higher standard of living in Bahrain boosted global imports of goods and services, including from India. Bahrain government’s policy of [...]

2018-02-19T14:23:53+00:00 February 18th, 2018|Uncategorized|

India to get $25 billion investments in oil and gas E&P by 2022: DGH

Live Mint| February 16 2018 India will attract about $25 billion investments in oil and gas exploration and production by 2022, Atanu Chakraborty, director general, Directorate General of Hydrocarbons (DGH) said.“Of these, about $22 billion worth of investments have already received necessary technical approvals. We are expecting another $3-4 billion investments from auctions under open [...]

2018-02-16T12:20:10+00:00 February 16th, 2018|Uncategorized|

India’s oil imports hit record high in January

Economic Times | February 15 2018 India imported a record 4.93 million barrels of oilBSE 0.17 % per day (bpd) in January to feed its expanded refining capacity and meet rising demand, ship tracking data obtained from sources and data compiled by Thomson Reuters Oil Research & Forecasts showed. The world's third-biggest oil importer shipped in [...]

2018-02-16T12:32:53+00:00 February 15th, 2018|Uncategorized|

India’s wholesale price inflation eases to 2.84% in January

Domain-B Com | February 15 2018 India's annual rate of inflation based on the wholesale price index stood at 2.84 per cent in January, easing for the second straight month from an eight-month high touched in November, as food and fuel prices increased at a slower pace, official data released today showed. Annual wholesale price [...]

2018-02-16T12:29:52+00:00 February 15th, 2018|Uncategorized|

India’s trade deficit widens to US$ 16.3 billion in January 2018

Business-Standard | February 15 2018 Exports up 9.1%, imports jump 26.1% in January 2018India's merchandise exports increased 9.1% to US$ 24.38 billion in January 2018 over a year ago. Meanwhile, merchandise imports surged 26.1% to US$ 40.68 billion. The trade deficit jumped 64.6% to US$ 16.30 billion in January 2018 from US$ 9.90 billion in January 2017.Oil imports galloped [...]

2018-02-16T12:26:13+00:00 February 15th, 2018|Uncategorized|