'We are hoping by March, the government allows us to export and give it to the private market.'
As many as 116 farmers have committed suicide due to agrarian reasons so far this year, with maximum cases reported in Maharashtra, followed by Punjab and Telangana.
Rediff.com takes a look at the marvel of engineering, criminal ingenuity and dauntless malefaction with which 'El Chapo' escaped from his confinement.
For last two months, much of the discussion, a large part of due diligence, agreement negotiations, etc, have happened remotely.
"For the first time in India, Sahara India Pariwar is setting up the largest FMCG company in the country with its own distribution network through over 10,000 franchisee outlets...," Sahara India said in a public announcement.
Forgot what happened in the week gone by? Here's a quick recap of what took place in 10 images.
Despite onion prices hitting Rs 130 a kg in the wholesale market, farmers have not gained enough to make a profit this season. Farmers and other stakeholders in the value chain estimate that 30 per cent crop damage this kharif season would result in a decline of about 2 million tonnes in output from Lasalgaon district alone. Similar crop damage across the country could lead to an onion shortage of nearly 7 million tonnes this year.
A minimum levy of 12 per cent GST on tea will increase the cost, which will ultimately be passed on to consumers.
Some US prominent lawmakers have urged the American government to follow suit as it is believed that the short video-sharing app is a major security risk to the country.
Indian banks are knocking the regulator's doors, seeking approval to open branches in Dhaka, the capital of Bangladesh, as they sense an opportunity to cater to the business community involved in the trade of non-Basmati rice.
Although Walmart-Flipkart wholesale game-plan is to target about a $150 billion market out of a total pie of $700 billion in the country, the consolidation marks the end of the multi-brand dream of the American retail giant.
Those in the soccer competition that started ahead of the main event beginning on Saturday have borne the brunt of the disruption.
Top companies across sectors -- automobile maker Maruti Suzuki, consumer electronics giant Samsung to IT giant Infosys -- have reopened factories and offices as India took its first steps towards resuming economic activity after weeks under a near-total coronavirus lockdown.
There has been an exponential increase in the use of technology to validate financial numbers, with a greater reliance on electronic evidence, use of live videos where possible, data analytics, and project management software to overcome the physical limitations in verifying transactions and accounts.
In containment areas, movements of people is totally banned and essential services are delivered at the doorsteps.
Mirror lehengas, organza skirts, pre-stitched sarees, necklet gowns, dhoti-crop tops in handwoven fabrics and hand-done embroideries with traditional textile techniques will trend.
A history of crushing dissent indicates that the Egyptian army's tolerance for protesters may not hold if its interests are threatened.
India, with the right blend of the physical and the virtual, can emerge as the global nerve centre of complex modern multinational supply chains in the post COVID-19 world.
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Because of corrections in property prices and oversupply in the office segment, the rich are investing in hospitals, warehouses, ATMs and other alternatives to traditional investment options.
Glimpses from the magnificent Kochi Biennale.
Up to 95 per cent of units in the Noida-Greater Noida mega industrial zone are currently shut.
A single format and simpler, uniform rules would have kept the service going. In other parts of the world including in the US, managing demand and capacities along with ensuring preventive measures were an issue, but there was hardly any administrative hurdle anywhere.
'It won't be easy to undo the damage that has been done to the economy by the lockdown and the solution will not come from two minute presentations,' observes Aakar Patel.
'Tens of millions will be working from home for months at a time, which means the smartest brains in business will be focussed on creating more efficient WFH processes,' predicts Devangshu Datta.
He was responding to a question on economic reforms in the country.
'We can't lower wheat price beyond a point'
Since its launch in September, Ayushman Bharat has issued 20 million cards and has set an ambitious target to hit another 30 million within the next three months.
The death toll in twin blasts in this eastern Chinese port city on Sunday rose to 112 after authorities recovered more bodies from the debris, as 95 people are still missing, officials said.
A massive fire broke out in one of the tallest towers in Dubai on Friday morning, media reports said.
'If the almost literally heart-stopping Suez block has any positive outcome, it is to be hoped that it will accelerate the setting up of a fab (perhaps Taiwanese) in India,' asserts Rajeev Srinivasan.
None of the Big Tech companies or tycoons appears to be playing a meaningful role in the testing, spread, cure, or eradication of the virus or even in contact tracing so far, says Prosenjit Datta.
Gupt's greatest success lies in how attractive it remains despite the suspense becoming common knowledge, feels Sukanya Verma.
The government is looking to plug loopholes in the Indian customs law provision that allows tax exemptions for gifts up to Rs 5,000 and trade samples up to Rs 10,000 sent to India from abroad.
Which sectors will bounce back fast? Which will lag? Has the consumer changed forever? Here are some answers.
Wipro, has set up a venture capital (VC) fund that will look at investing in early-to-middle stage technology start-ups globally.
About 27,420 tonnes of Maggi noodles will end up in furnaces.
The German supermodel has converted the huge warehouse beside her 5million pound home in Suffolk into a climate controlled closet for her expensive couture. The store is climate-controlled to preserve the fabrics and has separate closets for clothes by different designers.
While some like RPG's Spencer's and Wadhawan group's Spinach say it will encourage them to invest more in cold chains, others such as Aditya Birla Retail and Future Group said the announcement has come too late and helps fresh produce and chilled product suppliers more than retailers.
'There has been an enormous amount of attention paid to issues like capital account convertibility, bank privatisation and bank priority sector norms. There are many other areas where reforms are less controversial, but perhaps as important,' the report of the high-level Committee on Financial Sector Reforms headed by Raghuram Rajan, a professor at Graduate School of Business, University of Chicago, said.
The Supreme Court on Monday allowed Chennai-based two-wheeler company TVS Motor Company Ltd to manufacture TVS Flame, a 125-cc bike sporting twin-spark plugs, the technology for which Bajaj Auto allegedly holds the patent rights.
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