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FCI FINANCIAL STABILITY
Bitter reality: Sugar industry faces Rs 40,000 crore meltdown despite govt’s big ethanol pushWith grain-based ethanol now dominating the market, demand for sugarcane-based ethanol has declined, directly impacting mill revenues and p...- Union Cabinet approves equity of Rs 10,700 cr as working capital for Food Corporation of IndiaThe government approved an equity infusion of Rs 10,700 crore for FCI in the financial year 2024-25. This will boost the agricultural secto...
- Has the Indian rupee become more stable now?The newfound stability of the currency could be a sign of the economy getting stronger and more balanced. Our external sector is now much s...
- Notable decline in insurgency related incidents in Northeast India: G Kishan ReddyReplying to a discussion on the working of the Ministry of Development of North Eastern Region (DONER) Reddy emphasised that a new phase of...
- Why Enam’s Vallabh Bhanshali thinks 2021 Budget beats 1991 reforms‘1991 reforms came in the World Bank and IMF mould and we were forced to do those reforms.’
- Mutual fund managers give thumbs up to Budget 2021Structural reforms in the debt space, focus on healthcare, liberalization in insurance FDI, setting up ARC for bad debts are some things th...
- India to see quickest growth rebound in Asia in FY'22: UBSIn its earlier research, UBS had estimated that the Indian economy would have lost close to Rs 20 trillion ($270bn), 10.6% of its GDP due t...
- Moody’s downgrade: Can Modi turn it into a 1991 moment and respond?Rating agencies are simply doing their job, they do not have any bias towards any country.
- Full text of FM Nirmala Sitharaman's Budget speech"In May 2019, Prime Minister Modi received a massive mandate to form the government again."
- CAG favours policy framework for off-budget financingThe government should frame a policy on off-budget financing and sources of such funding in view of its fiscal implication, said a CAG repo...
- Allocation for food law up at Rs 1.45L crore for FY18Ram Vilas Paswan said that the Centre has been persuading the states for adopting the decentralised procurement scheme.
- One year of Modi government: How the PM scored 77.5 out of 100The centralized structure addresses concerns stemming from weak bench strength, and resulted in ministers improving performance.
- Economic Times Global Business Summit: Key Points of PM Narendra Modi's addressPM Modi on Friday said, "Can't we dream that India be a $20 trillion economy? Our government is preparing the ground for that.”
- Income tax sops in Budget for 2014-15, smokers will pay moreThere is no no change in rate of surcharge either for the corporates or individuals and the education cess of three per cent will also cont...
- Government can wish away subsidies; we can only improve their delivery: P ChidambaramWe will announce a road map for fiscal correction path once we get feedback on the Kelkar report, says FM.
- Tier-2 IT companies like Hexaware Technologies, Mastek outperform the biggies - Infosys, TCS, HCL and WiproAnalysts reckon that this trend is likely to be maintained for next couple of years, which could lead to an improved valuation of these com...
- ‘RBI not worried over inflow surge’India’s central bank is not unduly worried now about the surge in inflows over the past few months, according to its deputy governor Shyama...
- Govt must stop undoing wheat economicsThere needs to be a fundamental change in the govt’s mindset, which considers producer support in farm sector as sops and subsidies while t...
- Sen’s take on wheat & rice futures to decide FDI’s future on commexesThe government is unlikely to come out with new FDI norms for commodity exchanges before receiving the final report on wheat and rice futur...
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