-Livemint.com * The retail prices of onions spiked to Rs.70- Rs.80 earlier this week * Floods in key onion-producing states of Maharashtra, Uttar Pradesh, Bihar and others have hurt supplies New Delhi: The government has banned export of onions with immediate effect to check spiraling prices which touched Rs.70- Rs.80 per kg in the open market. The ban covers all varieties of onions. The Directorate General of Foreign Trade under the Ministry of Commerce...
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SEBI relaxes FPI norms
-PTI New Delhi: Easing the regulatory framework for foreign portfolio investors, SEBI has simplified KYC requirements for them and permitted them to carry out off-market transfer of securities. Besides, the regulator has broad-based the classification for foreign portfolio investors (FPIs) and simplified their registration process. The Notification comes after the board of SEBI in August approved a proposal to simplify the regulatory norms for FPIs. The new regulations have been redrafted based on...
More »Karnataka slashes traffic fines under MV Act; transport department issues Notification
-The Indian Express However, fines for violations such as overspeeding, drunken driving and racing will remain unchanged. Bengaluru: Falling in line with states like Gujarat and Uttarakhand, the Karnataka government has reduced the high traffic fines introduced by the Centre under the Motor Vehicles (Amendment) Act, 2019 by 30-50 per cent. The latest changes come after Chief Minister B S Yediyurappa said last week that he will follow Gujarat’s footsteps in...
More »Decision to import onions reflects the government's anti-producer bias -Kabir Agarwal
-TheWire.in The move itself reveals a deep-seated pro-consumer and anti-producer bias that has been, in large part, the reason for the agriculture economy being in doldrums. New Delhi: The government has decided to import onions from ‘Pakistan, Egypt, China, Afghanistan or any other origin’, according to a Metals and Minerals Trading Corporation Limited Notifications. Some concerns were raised about importing from Pakistan. “And why import from Pakistan? Is the Indian farmer a...
More »Order banning 5 pesticides issued -Shishir Arya
-The Times of India NAGPUR: After a question was raised by TOI in a press conference addressed by state agriculture minister Dr Anil Bonde, a Notification to impose a temporary ban on five pesticide formulations was issued on Thursday. The ban will be in force in Amravati division, especially Akola and Yavatmal districts for 60 days. Bonde had signed the order over a week ago, but the order had not reached the department’s...
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