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GOVERNMENT PROCUREMENT MARKET
Volatile crude prices, forex swings and poor rains pose challenge for India: FM SitharamanIndia's Finance Minister Nirmala Sitharaman highlighted significant economic challenges. These include fluctuating foreign exchange and cru...- ByteDance in talks with China's Iluvatar CoreX to purchase AI chipsByteDance, the influential technology entity known for its innovative platforms, is reportedly in discussions to acquire AI chip technology...
- Strait of Hormuz reopening to ease oil supply risks for India as US-Iran reach truce dealA "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil...
- Star Wars: How India’s spacetech-defence ties are shaping the futureSpaceX’s IPO filing underscores how space has evolved from exploration to a strategic domain central to national security, communications a...
- Assam CM flags off international consignment of GI-tagged Tezpur litchis to SingaporeAssam's Chief Minister Himanta Biswa Sarma has launched the export of GI-tagged Tezpur litchis to Singapore. This marks a significant step ...
- DLI-backed chip companies call for government procurement supportIndian semiconductor startups are urging the government for stronger market access and intellectual property protection. They highlight the...
- Govt hikes onion procurement rate to Rs 16.5 per kg from Saturday to help farmersThe government has increased the onion procurement price to Rs 16.50 per kg. This move aims to boost farmers' income through the buffer sto...
- Syndicate Finance bridges the execution gap for India's export-ready textile manufacturersAs India cements its position in global apparel supply chains, structured lending is emerging as the critical enabler and Syndicate Finance...
- Govt restricts bulk industrial petrol, diesel purchases through petrol pumpsIndustrial and commercial users can no longer buy petrol and diesel from petrol pumps. They must now get fuel from bulk sale points. This c...
- Gearing up for El Nino: NCCF puts tenders to sell Tur Dal on holdThe central government has paused tenders for selling tur pulses. This decision follows a request from the All India Dal Millers Associatio...
- India fertilizer offers sink in sign of easing supply strainIndia's urea import prices have dropped sharply, less than half of April's rates. This indicates global fertilizer supply issues are easing...
- Agriculture Ministry's FY27 budget at Rs 1.4 lakh crore a five-fold jump from 2013-14 levelThe Modi government has five-folded the agriculture ministry budget to Rs 1.4 lakh crore for 2026-27. Over 3,000 climate-resistant crop var...
- India's biggest trade bet comes with six red flagsIndia may be adding more trade partners, but its latest FTA report card comes with several red marks. A new study by the Global Trade Resea...
- Iran war: Fuel price surge squeezes dairy, poultry value chainsIndustry officials say rising fuel costs, coupled with geopolitical disruptions affecting commodity markets, are squeezing farmer margins a...
- NH builders seek predefined input rates for projects under active bidsRoad builders are asking the government to set fixed rates for bitumen and fuel. This is for highway projects currently up for bidding. The...
- Vegetable prices skyrocketed during Modi Govt's tenure: Telanagana CM Revanth ReddyTelangana Chief Minister Revanth Reddy inaugurated a new fruit market and sub-registrar office complex. He criticized the central governmen...
- Government's wheat procurement surges 17pc to 35 million tonnes, exceeds target for 2026-27 seasonGovernment wheat procurement has exceeded target for the 2026-27 rabi marketing season. Over 35 million tonnes of wheat have been procured,...
- Chana prices climb over 9% in a monthChana prices are rising despite a strong harvest and large buffer stocks. Government procurement is a key driver, absorbing a significant p...
- Opposition leaders demand Rs 3,000/quintal price for onions, demonstrate on highway in MaharashtraMaharashtra Congress president Harshwardhan Sapkal stated the Maha Vikas Aghadi will continue its agitation. Farmers are demanding a guaran...
- Government raises onion buffer stock purchase price 24% to Rs 15.80/kgThe government has set a higher onion procurement price at Rs 15.80 per kg, a step designed to uplift farmers and regulate market rates eff...
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