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Textiles ministry weighs revamp of handloom weavers' insurance scheme amid low enrolment

New Delhi, July 23 -- New Delhi: The textiles ministry plans to overhaul the insurance component in its flagship weavers' welfare programme, Handloom Weavers' Comprehensive Welfare Scheme, after enrol... Read More


RBI links broad-based edible oil price rise to biofuel use, cites Indonesia's B50 mandate

New Delhi, July 23 -- The Reserve Bank of India (RBI) has linked the recent broad-based rise in edible oil prices to the growing diversion of edible oils for biofuel production, citing Indonesia's dec... Read More


India's economic activity boomed in June: Icra

New Delhi, July 23 -- India's economic activity accelerated sharply in June, with Icra's Business Activity Monitor (BAM) hitting a 32-month high on broad-based gains across high-frequency indicators. ... Read More


Govt appoints Anurag Jain as NITI Aayog CEO to steer policy think tank for two years

New Delhi, July 22 -- The government on Wednesday appointed seasoned bureaucrat Anurag Jain, a former secretary in the department for promotion of industry and internal trade (DPIIT) and the ministry ... Read More


Textile prices likely steady for now, but global cotton risk lingers

New Delhi, July 22 -- The below-normal rainfall associated with El Nino may be good news for the cotton sector, as officials and industry executives expect farmers in key rain-fed states to shift from... Read More


Economic activity hits 32-month high in June, says Icra; retains Q1 growth forecast at 6.4-6.6%

New Delhi, July 22 -- India's economic activity accelerated sharply in June, with Icra's Business Activity Monitor (BAM) hitting a 32-month high on broad-based gains across high-frequency indicators. ... Read More


Centre plans to release onion buffer from September to bridge festive supply gap, curb price spike

New Delhi, July 20 -- With onion prices beginning to climb ahead of the festive and wedding season, the Centre plans to start a calibrated release of onions from its buffer stock from September to bri... Read More


Govt infra spending rises fivefold since 2014, touches nearly Rs.91 trillion

New Delhi, July 20 -- Prime minister Narendra Modi's government has sharply increased infrastructure spending since coming to power in 2014, with allocations rising to more than five times the level s... Read More


India tightens hydrogen fuel testing rules as clean mobility push gathers pace

New Delhi, July 19 -- As India prepares to expand hydrogen-based mobility, the Centre is tightening the technical framework for testing the quality of hydrogen used in fuel-cell vehicles, two people s... Read More


India Post eases international mail rules to take on private couriers

New Delhi, July 17 -- State-run India Post, which lost its dominance with the rise of private courier operators, has revamped its rules to make its services more competitive by introducing online book... Read More