-The Hindu Consumer demand started to decline before the pandemic and worsened after outbreak In September, Finance Minister Nirmala Sitharaman was anguished that industry was holding back from investing in manufacturing despite a significant cut in corporate tax rates in 2019. The slowdown in corporate investment did not happen because companies were making losses. In fact, private companies, boosted by considerable tax cuts, made windfall profits. A State Bank of India analysis shows...

-The Hindu The provision has been introduced as “airwaves/frequencies are public property and need to be used in the best interest of the society” The Union Cabinet has approved the new guidelines for uplinking and downlinking of television channels in India, under which all the stations holding permission — except for the foreign channels and where it may not be feasible, -- would have to broadcast contents on issues of national importance...

-PTI/ The Hindu ‘The consumption decline in the rural markets continues to be led by both double-digit price increases and lower unit growth’ The country's FMCG industry continued to witness consumption slowdown in the September quarter, with rural markets registering a higher decline in volumes compared to the three months ended June, says a report. Also, consumers continued to prefer purchasing smaller packets amid companies hiking prices in response to broader inflationary pressures,...

-The Hindu Total groundwater recharge was 437.6 billion cubic metres, as opposed to extraction of 239.16 bcm, says Ministry of Water Resources in its 2022 assessment report Groundwater extraction in India saw an 18-year decline, according to an assessment by the Central Ground Water Board (CGWB) made public on Wednesday. The total annual groundwater recharge for the entire country is 437.60 billion cubic metres (bcm) and annual groundwater extraction for the entire country...

-The Hindu Uttarakhand authorities say that the formulation sheet of the drugs — Divya Madhugrit, Divya Eyegrit Gold, Divya Thyrogrit, Divya BPgrit, and Divya Lipidom — would be reviewed Authorities of Ayurvedic and Unani Services, Uttarakhand has asked Patanjali’s Divya Pharmacy to stop the production of five drugs as well as remove their advertisements in media. The pharmacy, which comes under the Patanjali company founded by yoga exponent Baba Ramdev, has been...