Kautilya

First Time in 35 Years, Kargil’s Fresh Apricots Go Global

The export of fresh apricots from Kargil district to international as well as domestic markets was banned by the erstwhile Jammu and Kashmir government in 1986 under the “flimsy pretext” of stopping the spread of codling moth, said Khan. As the ban is still in force, the startup took special permission from the Government of India to export it outside the district, he added.

India to Take Part in 17- Nation Exercise in Russia

India is all set to take part in the multi-nation military exercise ‘Zapad’ at Nizhniy in Russia from September 3 to 16. Both China and Pakistan are also participating in the 17-nation exercise but as “observers” without actual troops being deployed for the exercise.

GST Revenue Collection for August 2021

The gross GST revenue collected in the month of August 2021 is ₹ 1,12,020 crore of which CGST is ₹ 20,522 crore, SGST is ₹ 26,605 crore, IGST is ₹ 56,247 crore (including ₹ 26,884 crore collected on import of goods) and Cess is ₹ 8,646 crore (including ₹ 646 crore collected on import of goods).

M-cap of BSE-Listed Companies Rises to Record INR 244 Lakh Crore

On Friday, the market capitalization of BSE-listed businesses reached an all-time high of Rs. 2,43,73,800.36 crore (US$ 3.33 trillion), owing to positive equities mood. On Friday, the BSE benchmark Sensex rose 175.62 points to close above 56,000 for the first time. It rose 239.13 points to 56,188.23 over the day.

Reliance Looks to Acquire Europe’s Largest Solar Panel Manufacturer

REC Group, Europe’s largest solar panel maker, is on the verge of being acquired by Reliance Industries. China National Chemical Corp (ChemChina) is expected to sell the company to Mukesh Ambani’s company for US$ 1-1.2 billion. RIL, which has enormous intentions for green energy, will benefit from the purchase by gaining access to cutting-edge technologies and worldwide manufacturing capabilities.