The Indian government's decision to ban sugar exports until September 30 has drawn sharp criticism from the sugar industry and farmer leaders, who fear long-term negative impacts despite the stated aim of controlling domestic prices and ensuring availability.
The RusBeam 2800 is now India's largest electron-beam wire deposition 3D printer operating under vacuum. The machine was custom-built for India and is operated with software developed by Rosatom.
The 'rescue' operation occurred within kilometres of Iran's underground tunnel complex at Isfahan, assessed by the IAEA and US intelligence as holding a substantial portion of the country's 60 per cent enriched uranium stockpile. Retired senior US military officers have highlighted that the mission's footprint -- hundreds of special operators, multiple heavy-lift aircraft deep inside Iran -- appears outsized for recovering a single airman. Prem Panicker continues his must read blog on the Iran War.
The legislature wing of the Nationalist Congress Party in Maharashtra will hold a meeting in Mumbai on January 31, where Deputy Chief Minister late Ajit Pawar's wife Sunetra is set to be named as its leader, state minister Chhagan Bhujbal said on Friday.
'Only four or five original companies remain; the rest have been replaced every decade as sectors evolve or leadership shifts.' 'Companies that fail to adapt -- like many textile mills from the 1970s and shipping firms from the 1980s -- disappear.' 'Benchmark indices reward those who reinvent themselves in line with economic demands.'
Amid the political push and pull, the Centre's decision to allow sugar exports and remove the 50 per cent duty on molasses exports has rekindled hope in the industry that more relief may follow.
The Maharashtra government has requested information regarding the utilization of funds by the Vasantdada Sugar Institute (VSI), led by Sharad Pawar, prompting criticism from the NCP (SP). The government insists it's a routine process, while the opposition alleges political targeting.
The Indian steel industry is faced with a paradox: Rising demand and falling prices. Demand continues to surge as user industries gather pace, with the World Steel Association projecting around 9 per cent annual growth for India over 2025 and 2026, the year domestic demand is projected to be almost 75 million tonnes (mt) higher than in 2020.
In modern aircraft, there are cockpit voice recorder and digital flight data recorder.
The stock of mall developer and commercial real estate major, The Phoenix Mills (Phoenix), is up 26 per cent since its business update in the third week of January. The gains came on strong December quarter performance and the consumption boost in the Budget which is expected to help the company sustain its growth trends.
'They wanted the city to be a great business hub. They didn't like the fact that taxes collected in Bombay would go outside the city.'
The Supreme Court declined to examine a plea challenging a PMLA provision, stating the issue lies in the law's abuse, not the law itself. The court allowed the petitioner to approach the High Court if procedures weren't followed.
A purported video showing local Bharatiya Janata Party leader Babban Singh Raghuvanshi engaging in obscene acts with a dancer has gone viral and is trending rapidly on social media.
Susim Mukul Datta has not passed away, rather he is the ever-youthful leader to all who knew him, points out R Gopalakrishnan.
Many high-profile IPOs in India since 2021 have destroyed investor wealth due to overvaluation, weak business models, and post-listing disinterest, turning 1 lakh investments into as little as 3,500.
Jammu and Kashmir Chief Minister Omar Abdullah briefed Prime Minister Narendra Modi on a devastating cloudburst in Kishtwar district that claimed 60 lives and injured over 100. Abdullah expressed condolences and assured assistance, while also questioning potential administrative lapses.
A team from India's National Investigation Agency (NIA) has reached Pahalgam in Jammu and Kashmir to assist local police in investigating a deadly terrorist attack that killed 26 people, mostly tourists, on Tuesday. The NIA team visited the site of the attack, Baisaran meadow, known for its scenic beauty. Security agencies have released sketches of three suspected Pakistani terrorists involved in the attack, identified as Asif Fauji, Suleman Shah, and Abu Talha. The Resistance Front (TRF), a shadow outfit of the Lashkar-e-Taiba terrorist group, claimed responsibility for the attack.
Whether in cricket or business, Kohli continues to play the long game.
Vice President V V Giri's resignation in 1969 triggered political upheavals that saw the ruling party defy its own presidential nominee, the expulsion of a sitting prime minister by her party president, and a historic split in the Indian National Congress, recounts Utkarsh Mishra.
Various industry bodies have sought immediate government intervention through the imposition of anti-dumping duties, claiming India has seen a surge in imports of Chinese goods over the past two weeks.
Air Chief Marshal Vivek Ram Chaudhari, chief of the air staff, flew a sortie in an IAF Rafale fighter while FASF Chief General Stephane Mille flew in an IAF Su-30MKI fighter.
Unidentified assailants hurled bombs and opened fire outside the residence of BJP leader and former MP Arjun Singh in Bhatpara, West Bengal, injuring a youth. Singh alleged that Trinamool Congress (TMC) councillor Sunita Singh's son, Namit Singh, was behind the attack. Police are investigating the incident and have deployed security forces in the area.
After trying to make a dent in the cola market with Campa by offering higher trade margins to the supply chain, Reliance Consumer Products is betting on the same strategy to capture the chips, namkeen, and biscuits market in the country's booming snacks sector.
The entry and exit points are being closely scrutinised by the investigating NIA teams for clues to the modus operandi of the terrorists, the officials said.
Union Home Minister Amit Shah arrived in Srinagar to review the security situation in Kashmir following a deadly terror attack in Pahalgam that killed 26 people, including tourists. Shah chaired a high-level meeting of security officials, including those from the Army, CRPF, and police. The attack, claimed by The Resistance Front (TRF), a shadow group of the banned Pakistan-based Lashkar-e-Taiba (LeT) terror group, is the deadliest in the valley since the 2019 Pulwama strike.
The revised salaries of MPs are significantly lower than the salaries drawn by top bureaucrats in the country.
Government employees in Bangladesh locked down the main gate of the Bangladesh Secretariat in Dhaka, protesting a new service law that allows for easier dismissal of officials for misconduct. The protest, which lasted for about half an hour, disrupted government operations. The employees also threatened to continue their protests until the ordinance was scrapped. Meanwhile, the protest by employees of the Dhaka South City Corporation, demanding the installation of BNP leader Ishraque Hossain as its mayor, has brought administrative services to a halt. These protests, coupled with concerns raised by the business community and the military, highlight a growing sense of unease in Bangladesh over the policies of the interim government.
'The universe of PSU stocks is huge and diverse.' 'Investors should bet on specific sectors and stocks from the basket as most of them may continue to consolidate after years of outperformance.'
India on Monday imposed a 12 per cent provisional safeguard duty for 200 days on five steel product categories, including hot rolled coils, sheets and plates, to protect domestic players from surge in imports. The decision follows a recommendation for the same by the Commerce Ministry's investigation arm DGTR. Last month, the DGTR suggested to impose the duty.
With the cane crushing season set to commence on November 15, lakhs of cutters from various districts have already migrated to the sugarcane belts in western Maharashtra and many other states, according to the Maharashtra Sugarcane Cutters and Transport Association.
Increasing sugar production shall create problems for the industry, whereas boosting ethanol output can bring rich returns, Union Minister Nitin Gadkari told sugar mills on Wednesday. Speaking at a conference on sugar and ethanol, organised by the Indian Sugar Mills Association, Gadkari surprised the audience comprising senior executives of sugar mills by stating that the future will become bleak for the industry if it continues to churn out high quantities of sugar. "We need more ethanol than sugar. Also, bio-ethanol is the way to go as it can be stored for a longer duration as compared to conventional ethanol. "If you increase sugar production, it will create more problems for you.
Retail investors have been the hardest hit in the recent market downturn, with stocks where they hold over 20% falling 45% from their 52-week highs.
'Selling could further intensify and take the index towards 22,800-22,750 in the near-term.'
Ustad Zakir Hussain was laid to rest on Thursday at a San Francisco cemetery as renowned percussionist A Sivamani and other artistes performed on their drums at a little distance away in a tribute to the tabla maestro.
At least 14 people died in a massive fire that broke out early on Friday morning in the Kamala Mills Compound in Lower Parel. Here are the shocking images of the blaze.
Soros, 94, in the recent past has spoken openly against Prime Minister Narendra Modi. The ruling BJP believe that he tried to interfere in Indian elections.
The monthly Rs 2500 payment for poor women is expected to cost Rs 11,000 crore while the pension scheme of Rs 2000 for every senior citizen will cost around Rs 4100 crore. The Yamuna clean up will cost over Rs 10,000 crore while a similar amount is required to upgrade Delhi's hospitals. Ultimately, the new BJP government will have no choice but to ask the centre for financial support, notes Rashme Sehgal.
Withdrawing a blanket ban on overseas shipments of non-basmati white rice, the government on Saturday imposed a floor price of $490 per tonne and exempted the commodity from export duty. Exports of non-basmati white rice have been banned since July 20, 2023 to boost domestic supply. "The export policy for non-basmati white rice (semi-milled or wholly milled rice, whether or not polished or gazed) ...is amended from prohibited to free, subject to MEP (minimum export price) of $490 per tonne with immediate effect and until further orders," the directorate general of foreign trade (DGFT) said in a notification.
The ED has attached seven sugar mills worth over Rs 1,097 crore in a money laundering case against former Uttar Pradesh BSP MLC Mohammed Iqbal and his family, officials said.
The business of volume can be a win or a loss for a sugar mill as India's sugar market is heavily controlled by the government.
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