India bans export of broken rice with immediate effect

India bans export of broken rice with immediate effect

India banned the export of broken rice with immediate effect. The export policy has been revised from “free” to “prohibited”. Some exports will, though, be allowed till September 15, including for where loading of broken rice on the ship has commenced before this ban order, where the shipping bill is filed and vessels have already […]

Centre directs Edible Oil firms to declare correct net quantity

Centre directs Edible Oil firms to declare correct net quantity

The Ministry of Consumer Affairs, Food & Public Distribution directed on Thursday that Edible Oil Firms/ Packers /Importers should declare net quantity on edible oil in volume without temperature in addition to declaring the same in weight. In a press statement issued by the Ministry, it has mentioned that Ministry has also advised correcting their labelling […]

No plans to import wheat into India: Government

No plans to import wheat into India: Government

The government has no plans to import wheat as it has sufficient stocks to meet the country’s requirements, official sources said. The Food Corporation of India (FCI) has enough stock for public distribution, they added. “There are no plans to import wheat into India. The country has sufficient stocks to meet our domestic requirements,” a […]

Tata Steel to streamline operations

Tata Steel to streamline operations

Tata Steel Group plans to continue its effort to simplify its corporate structure by reducing the number of subsidiaries, associate companies and joint ventures, especially in Europe, during this financial year as it builds on the separation of the UK and Netherlands operations. The group, which had close to 300 legal entities as on March […]

Airtel partners with Samsung for 5G equipment supply

Airtel partners with Samsung for 5G equipment supply

At the recently held 5G spectrum auction for 5G services by the Department of Telecom, Bharti Airtel acquired 19867.8 MHZ range in 900 MHz, 1800 MHz, 2100 MHz, 3300 MHz, and 26 GHz frequencies. Bharti Airtel will begin carrying out 5G services later this month, as it consented to requisite 5G equipment arrangements with South […]

5G spectrum auction sparks Rs 1.5 trillion bids

5G spectrum auction sparks Rs 1.5 trillion bids

The 5G spectrum auction which kicked off on Tuesday fetched bids of over Rs 1.45 lakh crore after four rounds, with the 700 MHz getting bids for the first time. “Bid amount exceeds Rs 1.45 lakh crore (trillion) on the first day of four rounds of bidding…most probably the auction process could end by tomorrow […]

LPG price hiked by Rs 50; rates up by Rs 244 in one year

LPG price hiked by Rs 50; rates up by Rs 244 in one year

New Delhi: Cooking gas LPG price on Wednesday was hiked by Rs 50 per cylinder, the third increase in rates since May on firming international energy prices. Non-subsidised LPG now costs Rs 1,053 per 14.2-kg cylinder in the national capital, up from Rs 1,003 previously, according to a price notification of state-owned fuel retailers. Common […]

Gold prices today rise slightly

Gold prices today rise slightly

After trading on the lower side for three consecutive days, both gold and silver futures climbed in the domestic market today, taking cues from international spot rates, reported India Today. On the Multi Commodity Exchange (MCX), gold futures, maturing on August 5, 2022, stand at Rs 51,340 per 10 grams, recording a marginal hike of […]

Commercial LPG cylinder price cut by Rs 135 from June 1

Commercial LPG cylinder price cut by Rs 135 from June 1

The price for a commercial LPG cylinder has been reduced by Rs 135 with immediate effect from today. With the latest reduction, a 19-kg commercial Liquefied petroleum gas (LPG) cylinder in Delhi will now cost Rs 2219. Prior to the reduction in prices, the commercial LPG cylinder was priced at Rs 2454 in Kolkata, Rs […]

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