The Cotton Association of India (CAI) has increased its cotton crop estimate for 2019-20 to 360 bales of 170 kg each (equivalent to 382.50 lakh running bales of 160 kg each) compared to its previous estimate of 354.50 lakh bales of 170 kg each (equivalent to 376.65 lakh running bales of 160 kg each). ....

The food processing industry in Uttar Pradesh is set to get a major boost with PepsiCo announcing a Rs 814 crore green field project for production of potato chips in Mathura. ....

Paytm on Tuesday announced the same-day settlement facility for all kinds of fund transfers on its payment gateway that will help businesses that depend upon immediate availability of funds to pay down-stream partners. ....

Coming festive season government employees will receive interest-free advance of Rs 10,000 each that will help generate demand worth Rs 8,000 in the Covid affected economy. Employees will get pre-loaded Rupay Card of the advance value, which they would have to spend by March 31, 2021. ....

Coming up with the much anticipated demand boosting measures, Finance Minister Nirmala Sitharaman on Monday announced a ‘Cash Voucher Scheme for leave travel concession (LTC) for government employees and staff of state-run organisations. ....

The Central government has taken several steps to control the prices of several varieties of dal (pulses) including 'tur', 'urad', 'moong' and 'chana'. One such measure is to provide 'urad' and 'tur' dal to consumers at cheaper rates. However, traders dealing in pulses consider it an unsatisfactory move. ....

Driven by industries like pharma, fast-moving consumer goods, education and IT, hiring activity in India saw a growth of 24 per cent in September compared to the previous month, according to a new report by job portal Naukri on Monday. ....

The Ministry of Power has issued the Draft (Late Payment Surcharge Electricity Rules, 2020, to reduce the extremely high rates of late payment surcharge. ....

The key Indian equity indices traded on a positive note on Monday with the Nifty50 on the National Stock Exchange (NSE) touching the 12,000 mark for the first time since February 2020. ....

Fuel consumers did not face any change in petrol and diesel prices for the entire week as stable global oil prices ensured that oil marketing companies did not need to go for a revision. ....