Economy

Mrs. Aniyamma Baby from Kerala has developed an innovative Cashew Multiple Rooting Propagation Method. This method generates multiple roots in a grownup cashew tree, thus improving production per unit area. It also helps eco-friendly management of stem and root borers, restores productivity, provides strong anchorage against wind damage/cyclonic storms, and extension of the plantation life without the necessity of replanting.

As many as 16,570 new companies were registered in the country in September, taking the total number of active companies to more than 14.14 lakh, according to official data.

India’s biggest aromatic garden boasting of 140 species has been developed at Lalkuan in Nainital district. The garden has been developed over an area of three acres by the research wing of the Uttarakhand Forest Department, Chief Conservator of Forest (research) Sanjeev Chaturvedi said.

The country has almost reached the halfway mark (49.5 per cent) by the end of September 30, said Srikar K. Reddy, Joint Secretary, Union Ministry of Commerce and Industry.

According to the Reserve Bank of India’s (RBI) weekly statistical supplement, the reserves increased to $641.008 billion from $639.516 billion reported for the week ended 8 October.