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What are the takeaways from Karnataka elections? Why are more and more Indian students moving abroad? Will mid- and small-caps sustain their recent strength? What is Al-Qadir Trust case? Answers here
Jammu and Kashmir administration has announced a Rs 560-crore project under the Holistic Agriculture Development Programme (HADP) to strengthen the existing market infrastructure and create a robust market ecosystem to boost the region's economy and benefit farmers. The project aims to improve the terms of trade (ToT) in favour of farmers, improve the efficiency and effectiveness of the market ecosystem, and minimize value loss while maximizing societal welfare. "Jammu and Kashmir government announces Rs 560 crore investment in agriculture and allied sectors under HADP to strengthen the market ecosystem and benefit farmers and consumers", Additional chief secretary Agriculture production department, Atal Dulloo told PTI. Jammu & Kashmir is implementing this project under the programme that aims to strengthen the existing market infrastructure and create a robust market ecosystem that caters to the needs of all stakeholders, he said. The agriculture and allied sectors in the Union .
Capital market regulator Sebi on Monday levied fines totalling Rs 11 lakh on seven entities for flouting regulatory norms in the matter related to SS Organics Ltd (now known as Oxygenta Pharmaceutical Ltd). The regulator slapped a fine of Rs 5 lakh on SS Organics Ltd (SSOL) and Rs 6 lakh on six individuals -- Sai Sudhakar Vankineni, D Sadasiva Reddy, Gunreddy Krishna Reddy, Muralidhar Rambathri, Rajasekhar Reddy Puchakayala and Raghavender Rao. The order came after Sebi conducted an examination in respect of the process followed by SSOL for approval and disclosure of related party transactions with ARR Capital Investment Pvt Ltd. The focus of the examination was to ascertain if there was any possible violation of LODR (Listing Obligations and Disclosure Requirements) rules. The regulator found that a loan transaction of Rs 15 crore executed between ARR and SSOL, which was further extended to Rs 35 crore, was more than the turnover of the firm for FY2019-20. Hence, the transaction
Union Food Secretary Sanjeev Chopra on Wednesday said the prices of wheat in wholesale and retail markets have come down by about Rs 5 per kg after the Centre's decision to sell 3 million tonnes of the grain in the open market, and asserted that more steps will be taken if required to ease rates. The government is closely monitoring the prices of wheat and atta (wheat flour) and, if needed, will take more steps, including offering more wheat under the Open Market Sale Scheme (OMSS), to bring down the prices and provide relief to consumers, Chopra told reporters here. He said the government is not considering any proposal as of now to lift the ban on wheat exports, which was imposed in May last year after a sharp fall in its procurement. "From the time the OMSS was announced in January, wheat prices have come down. Wheat prices in wholesale markets are ruling less than Rs 2,500 per quintal," he said, and hoped that the prices would fall further in the coming days. The government of
What are citizens' expectations from the Budget? What does Kantar MD hope for consumer goods firms? What do bond market investors expect in Budget? What is short-selling? All answers here
Will the IBC overhaul make it more effective? Is the ASER report a wake-up call for the govt? Should you subscribe to Adani Enterprises' Rs 20K-cr FPO? What is the World Economic Forum? Answers here
Seven of the top-10 most valued firms together added Rs 1,33,707.42 crore in market valuation last week amid an overall positive trend in equities, with Reliance Industries emerging as the biggest winner. Last week, the BSE benchmark jumped 990.51 points or 1.65 per cent. Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, Infosys, State Bank of India, HDFC and ITC were among the gainers, while ICICI Bank, Hindustan Unilever Limited and Bharti Airtel faced erosion from their market valuation. The market capitalisation (mcap) of Reliance Industries jumped Rs 44,956.5 crore to Rs 17,53,888.92 crore. HDFC Bank added Rs 22,139.15 crore taking its valuation to Rs 8,34,517.67 crore. The market valuation of State Bank of India rallied Rs 20,526.61 crore to Rs 5,29,898.82 crore and that of TCS climbed Rs 19,521.04 crore to Rs 11,76,860.69 crore. HDFC's mcap advanced Rs 16,156.04 crore to Rs 4,52,396.31 crore and that of ITC spurted by Rs 9,861.07 crore to Rs 4,38,538.73 ...