With grain procurement target significantly higher, FCI is faced with storage space shortage.
With the government asking the companies to operate with only 50 per cent staff strength, and exports dipping to almost zero, the truck and bus drivers idling at the petrol pump say they hardly have any work now. At a petrol pump on the deserted Bavla-Changodar highway near Ahmedabad in Gujarat, several trucks and buses are neatly parked in a row.
Not displaying the mandatory information, including country of origin, on products sold on their platforms in India, draws government's attention.
They were killed when the warehouse in which they were accommodated, gave way on Friday after heavy rains. The men, from SRPF Group IV, were participants in a anti-Naxalite operation in the district, they said.
Warehouse companies in India are increasing capacity thanks to huge demand for various agricultural products because of the increasing delivery system in futures market and the retail boom that is taking place across the country.
Crisil said a complete phase out of CST is necessary.
Analysts remain sceptical on the profitability from freighter business, saying that once normal air transport resumes and there's abundant belly capacity, the traditional economics of air cargo may not be that lucrative.
As tensions between the armies of India and China at the LAC show no sign of ebbing, both sides have significantly ramped up the presence of their troops.
It is ramping up capacity in the second facility in Andhra Pradesh, run by Foxconn
In UP, potato prices have moved marginally up so far this month.
Chintan Upadhayay, the estranged husband of artist Hema Upadhyay, plotted the murder of his wife as he apparently wanted to get rid of the court cases that he was fighting with her, the police said on Wednesday.
In a new twist to the double murder case of artist Hema Upadhyay and her lawyer Harish Bhambhani, the role of a sixth suspect is being probed even as fresh leads suggest that the prime accused Vidyadhar Rajbhar, who is on run, is preparing himself to surrender before police, a senior officer said.
The lockdown that crippled the entire logistics, delivery and supply chain network to near zero, was enough to deal a body blow to India's fastest growing unicorn whose very business model saw a severe disruption, like several other firms and sectors.
HR experts estimate that up to 70 per cent companies in the manufacturing and services space including sectors like auto components, edutech and construction equipment are looking to restore the salary cuts over the next couple of months.
The Phenom 300 jet which was arriving from Italy crashed during an attempt to land at Blackbushe Airport in Hampshire, some 65 kilometres from London, killing all four persons on board including the pilot on Friday.
Almost 36 hours after China's worst industrial disaster, the cause of the massive blasts in Tiajan remains unclear. But here is what we know
Powerful explosions tore through a warehouse storing hazardous chemicals in north China's major port city, killing at least 50 people and injuring over 700 others as the twin blasts sent fireballs, cars and containers raining down on panic-stricken residents.
The possibility of harassment by cops and fear of the unknown have forced a large number of truck drivers to abandon vehicles at the transport centres and flee home. Transport of goods remains badly hit as confusion remains among various stakeholders and road transport becomes the victim of disconnect between policy makers and local authorities.
Have you ever wondered what happens to aircraft after they become too old? They are put to rest -- they undergo funeral-esque rituals known as 'pickling'; their engines are removed, the windows covered and the fluids drained. But of course these giants are too big to bury. In the parched deserts, where a dry climate is an old machine's best ally, aircraft, young and old, lie nose to tail, row after row like fallen soldiers in the secluded airplane boneyards. And these airplane graveyards become the perfect playground for photographer Troy Paiva.
The contemporary music scene in Delhi is deliciously complex and layered; while Bangalore may be the rock capital and Mumbai busy helming alternative, Delhi is revelling in a unique sonic experience, says Ritika Bhatia.
'But one of the important things to remember is that what we are seeing today in India -- the destruction of the forests, the opening up of the forests to mining companies.' 'It's a horrifying thing that's going on.' 'Yet, if you look at who owns the mining companies, you will see that almost always they are vegetarians!' 'They are people, who in their own lives would probably not even hurt an insect, but yet have no qualms about destroying an entire ecosystem.'
Billionaire Mukesh Ambani-run Reliance Industries Ltd's retail arm on Thursday raised Rs 9,555 crore from Public Investment Fund (PIF) of Saudi Arabia, taking total fundraise in the last two months to Rs 47,265 crore. PIF will take a 2.04 per cent stake in Reliance Retail Ventures Ltd (RRVL), the Indian firm said in a statement. The investment values RRVL, the retail arm of Reliance Industries Ltd, at a pre-money equity value of Rs 4.587 lakh crore.
Database planned to capture more individual purchases, reduce tax evasion
What can malls do to entice customers? Brand coach Ambi Parameswaran has a few suggestions.
Pepperfry rethinks its user experience, increases its range of low-priced goods. It also positions itself as a home and dcor solutions provider as it looks for buyer loyalty.
The government is considering setting up air freight stations to enable direct movement of vaccines from pharmaceutical factories to the aircraft.
Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday announced to raise Rs 7,350 crore from two investors -- Singapore's sovereign wealth fund GIC and Global alternative asset firm TPG -- by selling a stake in group's retail arm.
Reveleus, a business of I-flex solutions, said on Monday the International Monetary Fund has selected its business intelligence and data warehouse technology offering for the design and implementation of a data warehouse.
Though the Bills of Punjab and Rajasthan have a lot of similarities, the one approved by the Chhattisgarh Assembly is structurally different. None of the three has tried to address a key demand of the agitating farmers in full, which is to make all payments below the MSP, within and outside mandis, illegal.
'By the time the goods that were sent from December onwards reached stores in Europe, they became dead inventory as the stores there were closed by then.' 'Those that were in the warehouse there also became dead inventory. Those that reached the ports there also became dead inventory.' 'And what Tirupur produced in March is still here, and they have also become dead inventory.'
British police ambushed the gang which raided a warehouse containing bullion and bank notes.
Visits made by Business Standard to several borrowers in Ludhiana, Panchkula, Delhi, Mumbai, Ahmedabad and Hyderabad found that several borrowing entities have links to real estate.
Visits made by Business Standard to several borrowers in Ludhiana, Panchkula, Delhi, Mumbai, Ahmedabad and Hyderabad found that several borrowing entities have links to real estate.
NABARD gets Rs 5,000 crore to finance warehouses, godowns, silos and cold storage.
Manu Kumar Jain, vice-president, Xiaomi, and managing director, Xiaomi India, shares his thoughts with Arnab Dutta on how the firm has put India on the forefront.
The founder of the e-commerce firm, which specialises in procurement of industrial products, believes if he plays his cards right, his company could become a unicorn with a valuation of $1 billion in 5 years.
Let's have a look at some amazing facts about Walmart.
Industry officials say the crunch has not only affected manufacturing of edibles but even of items like nozzle pumps and other goods used in packaging.
'One good thing that has come out of all this is that it shown people that online ordering is the way forward.'