According to a recent report, India is planning to import avocado from Brazil, and the move is likely to tame skyrocketing prices.
Category: Economy
Cabinet approves MSP for Kharif Crops for Marketing Season 2024-25
The Union Cabinet on 19 June 2024 approved an increase in the Minimum Support Price (MSP) for 14 Kharif crops, including paddy, ragi, bajra, jowar, maize, and cotton.
Cabinet approves ‘Development of Greenfield deepdraft Major Port at Vadhavan
The Union Cabinet on June 19 approved setting up a Major Port at Vadhavan near Dahanu in Maharastra.
Sebi is keeping close watch on surge in derivatives volume
According to a recent report, the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) are keeping a close watch on the surging volume in the equity derivatives segment whose volumes have even dwarfed the Read More …
Krishi Sakhi
Prime Minister Shri Narendra Modi released the 17th instalment of about Rs 20,000 crore under PM-KISAN and distributed certificates to over 30,000 self-help groups known as Krishi Sakhis in Varanasi on 18th June 2024. About Krishi Sakhi
RBI bags ‘risk manager of the year award 2024’ by Central Banking publication
The Reserve Bank of India (RBI) has been awarded the “Risk Manager of the Year Award 2024” by Central Banking, a renowned publication headquartered in London. Key points ERM framework
Grant for Research and Entrepreneurship across Aspiring Innovators in Technical Textiles (GREAT)
Ministry of Textiles approved Startups in Technical Textiles to boost innovation and sustainability and to foster transformative developments that will shape the industry’s future.
Annual Survey of Unincorporated Sector Enterprises (ASUSE)
The Ministry of Statistics and Programme Implementation (MoSPI) has released the key results of the Annual Survey of Unincorporated Sector Enterprises (ASUSE) for the reference periods of April 2021 to March 2022 (ASUSE 2021-22) and October 2022 to September 2023 Read More …
Global Economic Prospects report 2024
The World Bank on June 11 released the ‘Global Economic Prospects’ report 2024.
Container Port Performance Index 2023
Visakhapatnam Port has broken into the top 20 rankings in the Container Port Performance Index 2023 (CPPI 2023), developed by the World Bank and S&P Global Market Intelligence.
State of World Fisheries and Aquaculture 2024
According to the State of World Fisheries and Aquaculture 2024 report reslesed by the UN, Catla (Labeo catla) was one of the top 10 species of aquatic animals harvested by humans in 2022. About Catla
Pump and Dump Scheme
Recently, the Securities Exchange Board of India’s (Sebi) slapped a fine of Rs 7.75 crore on 11 individuals for allegedly operating a ‘pump and dump’ scheme in a scrip.
World’s first bird flu human death recorded in Mexico
World Health Organization (WHO) has confirmed the first-ever human death caused by the H5N2 strain of avian influenza.
India Brings Back Nearly 100 Tonnes Of Gold from UK
India has made a notable shift from the economic policies of 1991, when it exported gold and pledged it overseas to mitigate a looming financial crisis. India has now shipped in a little over 100 tonnes of its gold reserves Read More …
Pre-packaged insolvency resolution process (PIRP)
In the three years since its launch, the prepackaged insolvency resolution process (PIRP) has had a slow start, with limited interest from micro, small, and medium enterprises (MSMEs) and lower recoveries than the normal corporate insolvency resolution process. Key points