Economy

Paving the way for new pilgrims

Kerala government will have to scale up security and provide more facilities Crowd management and scaling up of security infrastructure in Sabarimala and its precincts to host thousands of women pilgrims following the Supreme Court verdict will throw new challenges for the Kerala government and the Travancore Devaswom Board. Board …

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Odisha’s Kalahandi scripts a success story

The district has now become the grain basket of the State, says Chief Minister Patnaik In the 1980s, Kalahandi was a synonym for poverty. Today, Odisha’s western district is ready to shed its image of being a land of perpetual poverty. The progress made by the district in different fields …

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Iconic Taj Mansingh hotel to remain with Tata Group

IHCL bid for 32.5% of gross turnover wins in NDMC auction The Taj Mahal Hotel on Mansingh Road in Lutyens’ Delhi will remain with the Tata Group’s Indian Hotels Company Limited (IHCL), which won the auction for a 33-year lease on Friday, the New Delhi Municipal Council (NDMC) said. The …

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Cabinet approves 100% govt stake in GST Network

The Union Cabinet approved increasing the government’s ownership in the Goods and Services Tax Network (GSTN) to 100% from the existing 49% and also change the existing structure in line with a transition plan. “The Union Cabinet approved acquisition of the entire 51% equity held by the non-government institutions in …

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U.S. hard-sells its almonds to India

Direct shipments of almonds from California to India grew by 68% from 53,965 tonnes to 90,500 tonnes between 2011-12 and 2017-18, according to the Almond Board of California (ABC). ABC president and CEO Richard Waycott told The Hindu that the board was now targeting to sustain 20% year-on-year growth rate …

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Package for sugar mills cleared

Cabinet clears Rs. 5,538-crore proposal that includes higher production aid to ryots For the fourth time in the last five months, the Centre has approved incentives to help the cash-starved sugar mills clear thousands of crore in arrears of payment to cane farmers. On Wednesday, the Cabinet Committee on Economic …

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Centre hikes import duty on select goods

The government on Wednesday released a list of 19 categories of items on which it would be hiking import duties, which include white goods such as air-conditioners, refrigerators and washing machines as well as non-essential items such as gems, travel bags and aviation turbine fuel (ATF). The new rates will …

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Rock band sets protest tune atop a palm oil tank

Greenpeace activists on Tuesday scaled storage tanks at an Indonesian palm oil refinery along with a popular rock band which played pro-environment songs, protesting against a commodity found in everything from soap to biscuits. The green group said 30 activists and Indonesian metal group Boomerang had been “occupying” the site …

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