Wheat prices fall 10% in 7 days on selling of FCI wheat in open mkt: Govt
The government on Friday said wheat prices have fallen more than 10 per cent in the past one week following its decision to sell the grain in open market to check rising prices. State-run Food Corporation of India has so far sold 9.2 lakh tonnes of wheat to […]
FMCG industry witnesses consumption slowdown in the Dec quarter: Report
The country’s Fast-moving consumer goods (FMCG) industry witnessed a consumption slowdown in the December quarter, with an overall “negative” volume growth, as consumers continue to reel under inflationary pressure, says a report. According to the report released by data analytics firm NielsenIQ on Thursday, in October-December, the FMCG […]
India plans to invoke emergency law to force imported coal-based utilities
By Sarita Chaganti Singh NEW DELHI (Reuters) – India plans to evoke an emergency law next month which would force power plants running on imported coal to generate power, two government sources told Reuters on Monday, as it expects power demand to surge to record levels this summer. […]