The government on Wednesday hiked the minimum support price (MSP) for wheat by Rs 40 to Rs 2,015 per quintal and for mustard seed by Rs 400 to Rs 5,050 per quintal for the current crop year.
India’s imports of edible oil could fall to their lowest in six years, contracting for a second straight year because of the coronavirus outbreak and demand squeezed by record prices, a senior industry official said on Wednesday.
The Union Cabinet on Wednesday extended the production-linked incentive (PLI) scheme to textiles sector. Under the scheme, incentives worth Rs 10,683 crore will be provided on production to the sector over a span for 5 years.
The Infosys controversy is related to the government’s new income tax filing website launched on June 7. But there were many glitches which Infosys could not fix, despite assurances.
The country’s largest carmaker Maruti Suzuki India on Wednesday said its total production in August declined by 8 per cent on a yearly basis to 1,13,937 units as semiconductor shortage impacted its manufacturing schedules.
Healthy inflows in new fund offers (NFOs) helped in mutual funds getting an investment of Rs 8,666 crore in August 2021
Rupee Vs Dollar Rate Today: At the interbank foreign exchange market, the domestic unit opened at 73.48 and dropped to a low of 73.70 during the trading session.