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Punjab Government Releases ₹679.37 Crore Sugarcane Payment for 2024-25 Crushing Season
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Punjab Government Releases ₹679.37 Crore Sugarcane Payment for 2024-25 Crushing Season

Chandigarh: Punjab Finance Minister Harpal Singh Cheema on Thursday announced that the state government has released ₹679.37 crore towards sugarcane payments for the 2024-25 crushing season. The payment benefits 18,771 farmers who supplied sugarcane to Punjab’s nine cooperative sugar mills, which collectively crushed 194.66 lakh quintals during the season. Cheema said that with a payment...

India’s Authentication and Traceability Industry to Reach ₹16,575 Crore by FY29, CAGR Projected at 11.3%
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India’s Authentication and Traceability Industry to Reach ₹16,575 Crore by FY29, CAGR Projected at 11.3%

New Delhi: India’s authentication and traceability (A&T) industry is set for robust growth, projected to reach ₹10,612 crore in FY 2024-25 and ₹16,575 crore by FY 2028-29, reflecting a compound annual growth rate (CAGR) of 11.3 percent, according to a report released on Thursday. The sector, which stood at ₹9,705 crore in FY 2023-24, has...

India and Mauritius to Begin Trade in Local Currency, Announces PM Modi During Varanasi Talks
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India and Mauritius to Begin Trade in Local Currency, Announces PM Modi During Varanasi Talks

Prime Minister Narendra Modi announced that India and Mauritius will soon work towards enabling trade in local currency, further deepening their economic and strategic ties. The announcement came during Modi’s high-profile bilateral talks with visiting Mauritius Prime Minister Navinchandra Ramgoolam in Varanasi on September 11. The two leaders held wide-ranging discussions covering economic cooperation, infrastructure...

UK Parliament Debates Extension of Settlement Period for Skilled Worker Visas Amid Petition Backlash
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UK Parliament Debates Extension of Settlement Period for Skilled Worker Visas Amid Petition Backlash

London: The UK Parliament has debated a proposal to double the qualifying period for Indefinite Leave to Remain (ILR) for overseas skilled workers from five to ten years, a move that has sparked widespread backlash and triggered an online petition that gathered over 168,000 signatures. ILR, also known as permanent residency, is the first step...

Maharashtra Cabinet Extends Electricity Tariff Subsidy for Farmers’ Lift Irrigation Schemes Till 2027
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Maharashtra Cabinet Extends Electricity Tariff Subsidy for Farmers’ Lift Irrigation Schemes Till 2027

Mumbai: In a major relief for farmers, the Maharashtra Cabinet chaired by Chief Minister Devendra Fadnavis on Tuesday approved the extension of the electricity tariff subsidy for ultra-high pressure, high pressure and low pressure lift irrigation schemes till March 31, 2027. The move will benefit around 1,789 lift irrigation schemes across the state, significantly reducing...

India and Israel Sign Landmark Bilateral Investment Treaty to Boost Investments
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India and Israel Sign Landmark Bilateral Investment Treaty to Boost Investments

Union Finance Minister Nirmala Sitharaman and Israel’s Finance Minister Bezalel Smotrich signed a landmark Bilateral Investment Treaty (BIT) in New Delhi on Monday, marking a significant step in promoting investments between India and Israel. According to the finance ministry, this agreement makes Israel the first OECD member to adopt India’s new investment treaty model. The...

President Droupadi Murmu Urges India to Turn Global Trade Challenges into Opportunities
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President Droupadi Murmu Urges India to Turn Global Trade Challenges into Opportunities

New Delhi: President Droupadi Murmu on Monday emphasized that India must leverage its exceptional capabilities to transform global trade challenges into new opportunities. Speaking at the platinum jubilee celebrations of the Engineering Export Promotion Council (EEPC), she noted that India’s engineering export destinations have shifted significantly over the last seven decades. “EEPC should continue this...