Saturday, November 28, 2020

Rising FDI indicates investors' preference for India's enabling environment: Piyush Goyal

"Despite COVID, FDI doubles year-on-year upwards arrow. Indicating global investors' preference for India's enabling environment under PM @NarendraModi ji, FDI increased from USD 14.06 billion to USD 28.1 billion in the July-September quarter," Piyush Goyal said in a tweet.

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Govt's ethanol push prompts sugar mills to raise production

"The mills this year have decided to produce certain quantity of ethanol to be sold in the domestic market. It means that there will not be any glut of sugar in the market. There will be limited surplus stock of it this year," Maharashtra Sugar Commissioner Shekhar Gaikwad said.

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Rising FDI indicates investors' preference for India: Goyal

Increase in foreign direct investment (FDI) into India in July-September 2020 to $28.1 billion indicates global investors' preference for the country's enabling environment, commerce and industry minister Piyush Goyal said on Saturday.

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Ramdev on board of Ruchi Soya; brother Ram Bharat to be MD

Yoga guru Ramdev, his younger brother Ram Bharat and close aide Acharya Balkrishna will be on the board of soya food brand Nutrela-maker Ruchi Soya that was recently acquired by Patanjali Ayurved.

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Illegal coal trade: CBI raids 45 places in four states

The CBI on Saturday started a massive search operation at 45 locations across four states after registering a case against an alleged coal pilferer who acted in collusion with two general managers and three security personnel of the Eastern Coalfields Ltd (ECL), officials said.

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Friday, November 27, 2020

Petrol price crosses Rs 82-mark, diesel above Rs 72 a litre

Petrol price on Saturday crossed Rs 82-mark in Delhi and diesel surpassed Rs 72 a litre after eighth increase in rates in past nine days. Petrol price on Saturday was hiked by 24 paise per litre and diesel by 27 paise as hopes of a vaccine development led to a rally in international oil prices.

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Hearables hit the right chord, business booms

You may not have heard of it previously, but ‘hearables’ have emerged as the next big thing in the consumer tech industry, becoming more than a fad and fast turning out into a serious business category.

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View: How India can be a ‘Plus One’ manufacturing destination while reducing dependence on China

While India has managed to capture the services outsourcing wave to become quite the back office of the world, the ability to expand the manufacturing sector – with its trickle-down effect – will be critical to job creation and balanced growth.

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Q2 GDP Data: India is now officially in recession, but it isn't that bad



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