Paper industry urges Government to allot degraded land for pulpwood plantation
The Indian paper industry has urged the government to provide degraded land on a long-term lease to paper mills for pulpwood plantation to address raw material shortage and boost rural employment. The industry has highlighted that a large chunk of degraded land is available in the country, and even if a...
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Business brief
05 May 2024 | Agencies -
CDSL Q4 profit doubles to Rs 129 crore
05 May 2024 | PTI -
Tata Renewable signs pact with SJVN for 460 MW clean energy project
05 May 2024 | PTI -
JK Bank reports highest ever annual profit of Rs 1,767 crore for FY24
05 May 2024 | PTI -
Air India reduces cabin baggage allowance to 15 kg for lowest fare segment
05 May 2024 | PTI -
NCLT registers 43 per cent jump in debt resolution cases: IBBI
05 May 2024 | PTI -
Government lifts ban on onion exports
05 May 2024 | PTI
Govt lifts ban on onion exports; imposes minimum export price of USD 550/tonne
The government on Saturday lifted the ban on onion exports but imposed a minimum export price (MEP) of USD 550 per tonne. The decision assumes significance as the commodity is politically sensitive and general elections are going on in the country. "The export policy of onions is amended from prohibited to free...
Sri Lanka rupee makes gains over major currencies: Minister
Sri Lanka’s rupee, which suffered severe depreciation because of the island nation’s unprecedented economic crisis since 2022, has started to make gains in comparison to other currencies, State Minister for Finance Ranjith Siyambalapitiya said on Friday. He said during the first four months of the year, the Sri Lankan rupee had...
Business brief
Results announced New Delhi: The result of Vellore Institute of Technology Engineering Entrance Examination (VITEEE) has been declared. Vellore Institute of Technology Entrance Examination (VITEEE) for admissions to BTech programme was conducted from April 19 to April 30, 2024 as a computer-based proctored examination in 125 cities in India and six...
Forex reserves drop USD 2.41 billion to USD 637.92 billion
India’s forex reserves dropped USD 2.412 billion to USD 637.922 billion as on April 26, in the third consecutive weekly decline in the reserves, the Reserve Bank of India (RBI) said on Friday. In the previous reporting week, the overall reserves had declined USD 2.28 billion to USD 640.33 billion. For the...
Report: Majority of Indians surveyed got to know about podcasts recently
India has emerged as the third-largest market for podcast listeners globally even as around 78 per cent of people surveyed got to know about this media recently, a report said on Thursday. According to the report, around 82 per cent of respondents were initially unaware of podcasts, highlighting a significant opportunity...
Apple clinches strong double digit growth in India
Apple CEO Tim Cook on Friday said the company grew strong double-digit in India, clinching a new March quarter revenue record amid an “incredibly exciting market”. Describing India market as a “major focus”, Cook said Apple is working on the entire ecosystem from developer to the market to operations, and that...
India’s fossil fuel capacity grows 2.44 per cent in FY24: Data
The country’s fossil fuel-based power generation capacity increased 2.44 per cent to 243.22 GW in FY24 from 237.27 GW in March 2023, according to official figures. There was a 10.79 per cent rise in non-fossil fuel based capacity (renewable energy sources) addition at 190.57 gigawatt (GW) in 2023-24 over 172.01 GW...
