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GOVT PROCUREMENT
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...- 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...
- Sarthak, who uncovered CBSE-OSM irregularities, shares a message for CJP and Abhijeet Dipke ahead of June 6 protestCBSE-OSM whistleblower Sarthak Sidhant urges student movements to focus on genuine causes over online attention, emphasizing the need for m...
- 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...
- Fertiliser firms seek more green ammonia as Iran war disrupts suppliesIndia's government is reviewing green ammonia demand from fertiliser companies. This comes as companies seek more long-term supply contract...
- Onion farmers stage protest against government's procurement prices in Nashik, block Mumbai - Agra National highwayOnion farmers protested on the Mumbai-Agra National Highway in Nashik demanding higher prices for their produce. Opposition leaders includi...
- Government assures 78 days of oil amid MPs' concernsConcerns over fuel, shipping, and fertilizer supplies dominated a Parliamentary panel meeting. Officials assured adequate fuel reserves and...
- Four years of frozen fuel prices end as Iran war bites: India raises petrol, diesel by Rs 3/litre but oil firms say it's not enoughFuel prices have increased by Rs 3 per litre for petrol and diesel. This is the first pump price hike in four years. The move aims to reduc...
- Petrol Price Hike: The crude shock logic that will make Indians pay a higher pricePetrol Diesel Price Increase: Fuel prices across India have risen by up to Rs 3 per litre. This hike is driven by surging global crude oil ...
- Government's foodgrain stocks hit 604 lakh tonnes, nearly three times buffer requirementIndia's food reserves are robust. Wheat and rice stocks in FCI godowns are nearly three times the mandatory buffer. This ensures ample supp...
- Decoding govt’s wheat strategy: Can higher procurement push and export quota hike lift the sector?Experts say wheat procurement may be constrained by limited storage, while exports remain largely uncompetitive globally.
- Force majeure enabled for 'war'-hit contracts: Govt procurers to grant case-by-case extensions, only for firms that hadn’t defaulted by Feb 27The finance ministry has authorized force majeure for govt contracts impacted by the West Asia conflict, treating it as war. This offers re...
- India reviews export ecosystem, pushes MSMEs, agri exports and Brand India focusUnion Minister Piyush Goyal reviewed efforts to boost India's exports. The focus is on better implementation, coordination, and monitoring....
- West Asia War: Bulk diesel buyers switch to pumps, add to OMC lossesWest Asia War: Oil companies face a 30-50% drop in diesel sales to bulk customers. Large buyers are now purchasing fuel from retail pumps w...
- India craves a sweet fix for crude addiction. Can it work?India is rapidly expanding its use of ethanol, a sugar-based fuel. This strategy aims to cut reliance on imported crude oil and boost farme...
- UP allows wheat sale at MSP without online registrationUttar Pradesh farmers can now sell wheat at government procurement centers without prior online registration. This decision comes after man...
- Centre relaxes wheat procurement norms for Punjab to counter rain damageThe central government has eased wheat procurement rules for Punjab and Chandigarh for the Rabi Marketing Season 2026-27. This decision fol...
- Govt's wheat procurement to drop 69% due to delayed arrivalsWheat procurement is set to drop significantly in the 2026-27 marketing year. Unseasonal rains delayed grain arrivals and affected quality....
- Payment norms for highway builders relaxedThe move is aimed at stabilising cash flows for developers grappling with higher input and logistics costs. Payments, typically released on...
- Govt eyeing Rs 50,000-cr of public procurement through GeM in FY'20Public procurement of the Central and State governments runs into over Rs 2 lakh crore annually.
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