-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...

-ThePrint.in In an affidavit filed before Supreme Court, environment ministry has said domestic production of GM Mustard will reduce India’s dependency on other countries to meet domestic demand. New Delhi: Defending the clearance given last month to the environmental release of Genetically Modified (GM) Mustard, the central government told the Supreme Court that the deployment of GM Mustard hybrids will contribute to India’s self-sustenance in the production of edible oil and shall...

-Livemint.com Most companies flagged a sluggish rural demand in the September quarter that impacted their quarterly volumes. However, most expect some form of recovery in demand in the second half of the financial year New Delhi: September quarter earnings of fast moving consumer goods companies helped zoomed in on the demand environment in rural markets that remains squeezed due to high inflation. Most companies flagged a sluggish rural demand in the September quarter...

-TheWire.in However, some experts have pointed out that a 60% rise might be an overestimate – because currently, the demand comes from only very few states. But it will increase only if the demand rises in more states. Kochi: India’s residential rooftop solar capacity could increase by approximately 60% by the end of financial year 2022-23 as compared to the last fiscal, according to a report by the Institute for Energy Economics...

-The Hindu No plan to increase price of milk as of now, say federations As the festival season has started, milk cooperative federations are witnessing a strain in the supply chain as the production has witnessed a marginal decrease primarily due to the increase in fodder cost. The organised sector is witnessing a decrease in procurement and the federations expect the situation will be normal after Deepavali. Farmers, however, demanded an increase...