Govt further tightens stock limits on wheat to curb hoarding, check prices on December 8, 2023 at 9:15 am

Briefing media, Food Secretary Sanjeev Chopra said the stock limit has been reduced to 1,000 tonnes from the existing 2,000 tonnes for traders/wholesalers.

India working to prevent disruption of ethanol supplies for gasoline blending on December 8, 2023 at 9:07 am

The government will now rely on maize for ethanol production to meet gasoline blending goals, Food Secretary Sanjeev Chopra told a media briefing, adding that schemes are being worked out to boost production of maize.

Govt further tightens stock limits on wheat to curb hoarding, check prices on December 8, 2023 at 9:15 am

Briefing media, Food Secretary Sanjeev Chopra said the stock limit has been reduced to 1,000 tonnes from the existing 2,000 tonnes for traders/wholesalers.

Govt ready to offload extra 2.5 million tons of FCI wheat under OMSS in January-March: Food Secretary on December 8, 2023 at 9:20 am

In May this year, the Food Corporation of India (FCI), the government#39;s nodal agency for procurement and distribution of grains, was given a mandate to sell wheat from the central pool to bulk consumers through an e-auction under OMSS throughout the fiscal except during procurement period in wheat growing states.

Bank Nifty hits record high of 47,170, clocks biggest weekly gain since July 2022 on December 8, 2023 at 5:38 am

So far this year, the Bank Nifty index has surged over 9 percent as against 15 percent rally in the benchmark Nifty50 index

Das#39;s speech adds cheer to market that#39;s scaled Mount 21k on December 8, 2023 at 6:35 am

While the Nifty’s ascent to 21000 calls for a celebration, the RBI Governor’s speech has already delivered an icing for the party cake

India#39;s forex reserves surpasses $600 billion mark after nearly four months on December 8, 2023 at 7:24 am

The forex reserves were last above the USD 600 billion mark on August 11 this year.

Can President Javier Milei inspire new life to Argentina#39;s slumping economy on December 8, 2023 at 7:22 am

Given that Javier Milei suggests that he is an anarcho-capitalist, there is a lot of discussion on how he will push Argentina towards individual liberty, free markets, abolish central bank, dollarise the currency and so on

India will address EU#39;s carbon tax issue; will retaliate if required: Piyush Goyal on December 8, 2023 at 6:52 am

The CBAM (Carbon Border Adjustment Mechanism) or carbon tax (a kind of import duty) will come into effect from January 1, 2026.

Nifty at 21k: IT, media languish as all other indices scale new highs on December 8, 2023 at 8:00 am

IT companies are facing weak demand outlook due to cost-cutting by clients in the West. The tough macro conditions are likely to continue, resulting in muted demand for major verticals