Business

New Delhi: India needs to develop climate-resilient crop varieties and enhance yields to increase the production of pulses, oilseeds, tomatoes and onion to ensure long-term price stability, the Economic Survey 2024-25Friday said amid persisting concerns over food inflation. The survey, tabled by Finance Minister Nirmala...

New Delhi: Investment in the infrastructure sector in India needs to be continuously scaled up over the next two decades to sustain a high rate of growth, said the Economic Survey 2024-25 tabled in Parliament Friday. "India needs a continued step-up of infrastructure investment over...

New Delhi: Avaada Group Friday announced its strategic collaboration with Casale to develop India's largest green ammonia plant, with an annual production capacity of 1,500 tonnes per day, in Gopalpur, Odisha. According to the statement, Avaada Group inked a strategic collaboration with Casale, a global...

New Delhi: India's economy is likely to expand by 6.3-6.8 per cent in the coming fiscal, much lower than what is needed to become a developed country, and requires deregulation and reforms in areas like land and labour to stimulate growth, according to the government's...

Mumbai: The rupee traded in a narrow range and depreciated 3 paise to 86.65 against the US dollar in early trade Friday, ahead of the release of Economic Survey 2024-25. Finance Minister Nirmala Sitharaman will table the Economic Survey 2024-25 Friday, providing an official assessment...

Mumbai: As the nation gears up for the Economic Survey and the Union Budget 2025-26, the domestic benchmark indices Friday opened higher. Optimism was seen in the air as investors looked for potential catalysts in the upcoming Budget. While the Sensex was up almost 184...

Bhubaneswar: Paradeep Phosphates Limited (PPL) Thursday signed a memorandum of understanding (MoU) with the state government for an investment of Rs 4,000 crore. The investment will be made during the next five years to increase the phosphatic fertiliser manufacturing capacity in both intermediate and final...

Arindam Ganguly, OP Bhubaneswar: Delegates from multiple countries attending the two-day ‘Utkarsh Odisha: Make in Odisha Conclave 2025’ at Janata Maidan expressed keen interest in partnering with Odisha for future projects. HE Dato’ Muzafar Shah Mustafa, High Commissioner of Malaysia to India, underscored the importance...

One of the methods to develop and enhance efficiency is through upgrading with advanced machines. However, the cost may be too high, especially when one is dealing with SMEs. The machinery loans provide a channel to acquire the needed equipment while minimizing the load on...

Mumbai: Digital payments across India recorded a double-digit jump of 11.1 per cent year-on-year (YoY) as September 2024, according to the Reserve Bank of India's (RBI) index that measures the adoption of online transactions, according to a Central Bank statement. The RBI's Digital Payments Index...