Retail tomato prices are ruling at Rs 80 per kg in most cities across India but the rates have shot up to as high as Rs 120 per kg in few southern states because of widespread rains, according to government data. In Chennai, retail price of tomato was at Rs 100 per kg, Puducherry Rs 90 per kg, Bengalure Rs 88 per kg and Hyderabad Rs 65 per kg. In Kerala, retail prices of tomato are ruling at Rs 120 per kg in Kottayam, Rs 110 per kg in Ernakulam, Rs 103 per kg in Tiruvananthapuram, Rs 100 per kg in Palakkad, Rs 97 per kg in Trissure, and Rs 90 per kg in Wayanad and Kozikode.
President Pranab Mukherjee on Friday accepted the resignation of Minister of State for Consumer Affairs and Food and Public Distribution, Raosaheb Dadarao Danve, from the Union Council of Ministers.
India's commodity bourses -- Multi-Commodity Exchange and National Commodity and Derivatives Exchange -- are gearing up to launch futures trading in carbon credits.
The finance ministry on Wednesday reimposed expenditure curbs on ministries and government departments for July-September quarter. There will be no spending restrictions on the ministries of health, rural development, agriculture, MSME (micro, small and medium enterprises) and railways as part of a two-pronged strategy. "The existing guidelines for expenditure control have been reviewed. "Keeping in view the evolving situation arising out of Covid-19 and anticipated cash position of the government, it is felt essential to regulate Quarterly Expenditure Plan (QEP)/Monthly Expenditure Plan (MEP) of specific ministries/departments for July-September, 2021," the Department of Economic Affairs in the finance ministry said in a notification.
However, official sources said the Assam Rifles -- a border guarding force -- primary mandate or task is not drug law enforcement.
The prices of tomato are continuously moving up with the onset of monsoon due to strained supplies and higher wholesale prices in key producing states.
Business chamber Assocham has asked the government to accord industry status to organised retail sector, which would improve investment inflows into the sector and increase its share in this segment. The move would increase the share of organised retail in the overall sector to 20-22 per cent from the current 3 per cent, Assocham said.
In its consultation paper Trai addressed three key points including the bundling of channels under bouquets, rampant discounting within bouquets, and the lack of consumer choice.
The first Global Agro-Industries Forum will be organised in New Delhi from 8 to 11 April 2008.
The Indian Institute of Technology, Bombay, has taken strong objection to the fact that despite a "No" to OOXML by a majority of the Bureau of Indian Standardsmembers, the software giant "continued to make representations to the top Indian leadership (read Ministry of Consumer Affairs), pressuring them to change the Indian vote".
The inflation rate inched closer to 7%. the government has started pulling out all stops to boost domestic supply situation by withdrawing incentives on export of at least 40 items, including steel, cement and non-basmati rice. The Commerce Ministry withdrew or temporarily suspended the tax refund scheme - Duty Entitlement Pass Book. Besides measures to discourage exports, the government is considering more fiscal steps to improve supplies and rein in inflation, he indicated.
The 13,000-strong UNRWA staff in Gaza includes teachers, doctors, nurses, pharmacists, warehouse workers, logisticians, technicians and drivers.
The top court made this observation while ordering premature release of a woman convicted for murder of two children.
'Terrorists who are active in Poonch and Rajouri are not relying on random locals for logistics, guidance etc.' 'They are being supported by a selected few who are being vetted, cleared and directed from across the LoC.'
Poor rain threatens recovery in production this season, sugar prices at three-month high
Last week, after months of scrutiny, the Forward Markets Commission, the regulator for futures trading in commodities, approved a proposal from state-owned MMTC Ltd and finance-to-real estate group Indiabulls to set up a national multi-commodity exchange.
The IAS officer, who was posted for nearly 15 months in the sports and youth affairs department, headed by Minister Anil Vij, has been transferred over 45 times in his career so far.
The external affairs minister promptly responded: 'Brother, I cannot help you in matters of a refrigerator. I am very busy with human beings in distress.'
Close to 202,000 new entities have registered under the GST Network
The government on Monday said it has no plans to ban more farm commodities from futures market and hoped that suspension of trading in soya oil, chana, potato and rubber would not be extended beyond four months.
The wholesale prices of food items surged by 15 per cent during the week ended on September 26 against the same period last year, the government's inflation data shows.
Farm commodity prices monitored by the Department of Consumer Affairs have generally remained steady or have shown mixed trend in different centers across the country in the week ending June 5.
The Reserve Bank of India is likely to issue the guidelines for allowing foreign investors to pick up stake in the country's commodity exchanges within a fortnight, a top government official said on Thursday.
Labayendu Mansingh, Chairman of the Petroleum and Natural Gas Regulatory Board, is an amicable yet tough man. In his 5 months as the petroleum & natural gas regulator, Mansingh announced to the oil & gas industry his intention of proving that the regulatory board is more than a toothless tiger. The board will come out with its first set of regulations, which will lay down rules for the distribution of gas to households, vehicles & industries in cities by middle of this month.
Ahead of the end of his term as the Kotak Mahindra Bank's chief executive and managing director, Uday Kotak has said he will be a "non-executive board governance member and a strategic shareholder" going ahead. In the private sector lender's annual report, the last such message from him as the MD and CEO before he relinquishes the position at the end of 2023, Kotak reminisced about the institution's journey, pointing out that Rs 10,000 invested in 1985 is worth over Rs 300 crore today. "Going forward, I see my role as a non-executive board governance member and a strategic shareholder with a long term perspective of nurturing a world class institution," Kotak said in the annual report.
India's Parliamentary Standing Committee on Food and Consumer Affairs has called for a complete ban on futures trading in essential commodities like wheat, rice and sugar.
Recently, the finance ministry waived off basic customs duty and health cess on imported oxygen and related equipment for three years.
Speaking at Assocham's international retail summit, Rakesh Kacker, additional secretary in the Department of Consumer Affairs, said the government would take a decision at an "appropriate time". He did not specify the time-frame. The move has been in abeyance due to protests from across the political spectrum.
India has put curbs on wheat exports through the government route, starting November last year. This comes amid a surge in domestic prices of the cereal. In December, India exported 391 tonnes of wheat to Bangladesh and Bhutan. In November 2022, it had exported 375 tonnes of wheat only to Bhutan.
The action against the Lucknow passport officer was a hasty reckless decision taken by an establishment playing to the gallery to appease the pseudo-secular elite of the country, the Lutyens Delhi lobby intent on discrediting the Hindu identity, and an action that blatantly violated the basic tenets of justice, argues Vivek Gumaste.
Making a weak opening, shares of FTIL further tanked 45 per cent to Rs 105.5 -- its fresh 52-week low on the BSE.
Paswan, one of the most prominent Dalit leaders of the country who had been a part of several governments headed by rival parties, died on Thursday at the age of 74.
The consumer affairs ministry has assured the pepper and jeera traders that it would look into their demands.
While rising food inflation is a matter of grave concern for a significant chunk of the population and for policy makers as well, it marks a turnaround in the fortunes of the farmer, reports Sanjeeb Mukherjee.
Anil Agarwal-led Vedanta's Sterlite Copper on Monday came out with an advertisement inviting expression of interest (EoI) for carrying out plant "restart activities" at its Thoothukudi unit in Tamil Nadu, that got closed more than five years ago following an order issued by the Tamil Nadu Pollution Control Board (TNPCB). The EoI for restart comes when the company is still awaiting the final judgement on the issue, and the court has only allowed it to do maintenance work. "We have initiated the upkeep and maintenance activities at the plant as allowed by the Supreme Court vide its order dated May 4, 2023, in coordination with the district authorities.
Farm commodity prices have shown a mixed trend in different centers throughout the country, according to a data released by the Department of Consumer Affairs.
The agency has alleged that Tuki, then minister of consumer affairs and civil supplies in Arunachal Pradesh, had colluded with his brother Nabam Tagam to siphon off illegal gratification received for the contracts given to develop two parking places in Nirjulee and Naharlagun in the state worth Rs 61.43 lakh and Rs 2.60 crore.
He said the recently held round table conference in New Delhi and the Pugwash conference in Islamabad sent clear indications that a meaningful peace process is afoot to resolve the long pending Kashmir issue.
Mansingh, a 1970-batch IAS officer from Gujarat cadre, was the number one choice for the post of chairman of PRB at the screening done by the Search Committee headed by Planning Commission Member (energy) Kirit Parikh, top officials said.
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