-The Hindu Business Line Players said they have begun witnessing good demand for Winter products Apparel and footwear companies said they are closely monitoring inflationary trends with some even looking at rolling back price hikes on existing range or upcoming season offerings, especially at the mass-end. Players also said they have begun witnessing strong demand for Winter season-related products. This comes at a time when there has been some softening in raw material...
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Fertiliser subsidy bill in FY'23 seen at Rs 2.3-2.5 lakh cr; may fall 25pc in FY'24: FAI
-Moneycontrol.com The fertiliser subsidy stood at Rs 1.62 lakh crore in the previous financial year. The government's fertiliser subsidy will rise to Rs 2.3-2.5 lakh crore in this fiscal but the bill may fall by 25 per cent in the 2023-24 financial year with moderation in global prices, according to industry body FAI. Fertilisers Association of India (FAI) expressed concern that the fixed cost of urea has not been increased affecting the viability...
More »IMD forecasts warm Winter, crop yields likely to feel the heat this year -Sanjeeb Mukherjee
-Business Standard Both the minimum and maximum will remain below normal in Southern Peninsular and Central India in these Winter months. Brace for some warmth this Winter as the India Meteorological Department (IMD) in its December-February forecast on Thursday said that the minimum and maximum temperatures could remain ‘normal’ to ‘above normal’ over most parts of Northwest and Northeast India. Both the minimum and maximum will remain below normal in Southern Peninsular and...
More »Shift capital out to let Delhi heal and live as a heritage city -Darpan Singh
-IndiaToday.in Air emergencies, heat waves, water shortages, street flooding, garbage spillovers, traffic jams and noise pollution… Delhi has become unlivable and no urban planning can fix this unsustainable concrete jungle. It’s time we seriously looked at moving the capital out to let the city heal and live. In the last few years, Winter in Delhi has become depressingly synonymous with toxic air pollution. During summers, drinking water shortages leave the city parched...
More »Cabinet approves additional subsidy for P&K fertilisers -Zia Haq
-Hindustan Times The move will cushion prices of crop nutrients that are governed by the Centre’s nutrient-based subsidy (NBS) scheme New Delhi: The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi on Wednesday approved an additional ₹51,875 crore subsidy for phosphatic and potassic (P&K) fertilisers for the rabi or Winter-sown season, amid high global prices. The move will cushion prices of crop nutrients that are governed by the Centre’s nutrient-based...
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