Economy

Videsh is in process to raise US$ 525 million in overseas foreign money loans from a mixture of home and overseas lenders to repay bonds maturing subsequent month.

India’s unemployment rate dropped sharply last week, in the first sign that Asia’s third-largest economy may be turning a corner after the world’s worst coronavirus outbreak.

Shri Arun Singhal, Chief Executive Officer, Food Safety and Standards Authority of India (FSSAI), Shri Sanjeev Kumar Chaddha, Managing Director, Nafed and Shri Atish Chandra, Chairman & Managing Director, Food Corporation of India (FCI) also present on the E-launch.

On Monday, according to a new report, live commerce market in India is expected to register a gross merchandise value (GMV) of US$ 4 billion – US$ 5 billion by 2025, driven by beauty and personal care (BPC) products.

Paytm said, “Paytm users can now explore, find and book the available vaccination slots for both Covaxin and Covishield vaccines at the nearby centre via the Paytm app. The feature would benefit Indians effortlessly book vaccination slots and gain immunity, assisting in combating the ongoing pandemic.”

In a major boost to agri-exports potential of eastern region, the first commercial consignment of Geographical Indications (GI) certified Jardalu mangoes from Bhagalpur, Bihar was exported today to United Kingdom.APEDA,in collaboration with Bihar government, Indian High Commission & Invest India, exported juicy & aromatic mangoes which were packed and treated at APEDA packhouse in Lucknow.With distinct aroma and taste, Jardalu mangoes from Bhagalpur district of Bihar received GI certification in 2018.

NHPC Limited, India’s premier hydropower company and a ‘Mini Ratna’ Category-I Enterprise under Ministry of Power has declared its Audited Financial Results for the Financial Year 2020-21. The Board of Directors approved the Audited Financial Results for FY 20-21 in the e-meeting held yesterday.