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SC orders status quo on approval to GM mustard

-Hindustan Times The Supreme Court on Thursday sought the Centre’s response to an application seeking moratorium on the release of genetically modified (GM) mustard even as the Centre assured there will be no “precipitative action” from its end till November 10, the next date of hearing. The Supreme Court on Thursday sought the Centre’s response to an application seeking moratorium on the release of genetically modified (GM) mustard even as the Centre...

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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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First Time in 20 Years, Currency in Circulation Declines in a Busy Diwali Week: SBI

-The Telegraph In a remarkable development, for the first time in 20 years, currency in circulation (CIC) declined during Diwali week. With the INCreased acceptance of digital payments in the country, over-reliance on cash is slowly fading away. Over the years, the Indian cash-led economy has now changed to a smart-phone led payment economy, says a research note.   In the report, Dr Soumya Kanti Ghosh, group chief economic adviser of State Bank...

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In Gujarat Bridge Tragedy, Documents Show 10 Lapses Listed In Court -Ankit Tyagi

-NDTV.com There were a "series of lapses", authorities have said, INCluding the use of "substandard" materials for the renovation of the bridge in Morbi. Morbi, Gujarat: There were a series of lapses in the renovation of the pedestrian bridge in Gujarat's Morbi which collapsed four days after it was reopened, killing 135 people on Sunday, the police have told a court, seeking the custody of those accused. Here are 10 lapses that authorities...

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Govt lifts stock restrictions on edible oil for wholesale traders

-Hindustan Times The exemption on stock limits will also apply to big-chain suppliers and super markets, the government added, in a move aimed at easing tight controls over stocking of edible oils due to high prices New Delhi: The Union government said in a notification issued Tuesday that it has lifted restrictions on stocks of edible oil wholesalers can store owing to an INCrease in global supplies and stable domestic prices. The exemption...

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