New Delhi: The United Nations fund for agricultural development has lauded India for reviving focus on millets and exporting 1.8 million tonnes of wheat to 18 countries that faced an acute shortage of food last year in the wake of the war in Ukraine. Alvaro Lario, the president of the International Fund of Agricultural Development…
New Delhi: Financial Services Secretary Vivek Joshi on Saturday asked banks to collaborate and create policies for mobilizing capital towards green finance. Speaking at a seminar on ‘Climate Finance and Risk’, Joshi highlighted the fact that the financial sector is well positioned to incite a behavioural change in corporates and contribute towards building a sustainable society….
New Delhi: Following insurance regulator Irdai directive, LIC on Saturday announced concessions to mitigate the hardships of the claimants of policies and also of Pradhan Mantri Jeevan Jyoti Bima Yojana affected by the Cyclone Biparjoy. LIC in a statement said it is reaching out to the affected people to provide assistance although the loss of…
Meerut: How would you like to celebrate your birthday by cutting a 12-kilogram giant samosa? or eat the deep-fried snack in 30 minutes to win Rs 71,000? Shubham Kaushal, the third generation owner of Lalkurti-based Kaushal Sweets here, says he wanted to do “something different” to bring the samosa into the spotlight. The idea struck…
New Delhi: Petrol and diesel sales fell in the first half of June as the arrival of monsoon cut demand in the agri sector and reduced vehicular movement, preliminary industry data showed. Demand for diesel, the most consumed fuel in the country accounting for about two-fifths of the demand, fell 6.7 per cent to 3.43…
London: Free trade agreements (FTAs) need to ensure they provide a level playing field and the India-UK FTA, which recently completed its 10th round of negotiations, has to be a win-win scenario for both sides, the head of India’s leading business chambers has said. Subhrakant Panda, President of the Federation of Indian Chambers of Commerce and…
New Delhi: Pension fund regulator PFRDA plans to come out with a systematic withdrawal plan which will provide flexibility to pension account holders to withdraw a lump sum fund as per their choice on completion of 60 years. “It is at a very advanced stage. Hopefully, by the end of next quarter we should be…
Islamabad: Cash-strapped Pakistan has received USD 1 billion from its close ally China to support its critically low foreign reserves amidst the uncertainty to revive a stalled International Monetary Fund loan. The State Bank of Pakistan (SBP) on Friday night confirmed having received the amount from China without sharing any other details about it. It would…
Chandigarh/Amritsar: A ‘jatha’ (group) of Sikh pilgrims will leave for Pakistan on June 21 to attend Maharaja Ranjit Singh’s death anniversary congregation and also visit gurdwaras in the neighbouring country. The Shiromani Gurdwara Parbandhak Committee (SGPC) said it has received visas for 205 pilgrims for going to Pakistan and the ‘jatha’ will leave for Pakistan on…
Colombo: Sri Lanka cannot afford to resume vehicle imports since the country is still grappling with an acute shortage of US dollars, a senior minister said on Friday, nearly a week after the cash-strapped government lifted import restrictions on nearly 300 items. “The exchange rate of the US dollar is now determined by supply and demand….
