Economy

Khadi and Village Industries Commission (KVIC) Chairman Vinai Kumar Saxena said that this decision of government will open a new chapter in the field of Khadi export. Earlier, Khadi did not have its exclusive HS code. As a result, all the data regarding export of this signature fabric used to come as a normal fabric under the textile head. Now, we will be able to keep a constant eye not only on our export figures, but it will also help us in planning our export strategies.

Dharmendra Pradhan said the blending of ethanol in petrol has risen to 6 per cent at present and the blending would rise further to 10 per cent by 2022.

For Nokia, the Flipkart collaboration is not just about a manufacturing partner, but a complete go-to-market strategy with promotions and research-backed product development.

Hundreds of startups are shaking up Indian agriculture, proposing solutions to chronically low output. The number of agritech ventures has risen 25% to 450 this year, with funding up 300% to $248 million, according to the National Association of Software and Service Companies. This wave of innovation and investment promises to support Prime Minister Narendra Modi’s pledge to double farmer incomes by 2022.

India’s economic interests and national priorities come first and the concerns of the farmers, dairy sector, MSMEs and domestic manufacturing will be addressed, and these sectors will be protected. Commerce and Industry Minister informed that throughout the seven-year long negotiations in RCEP India has consistently stood its ground to uphold its demands particularly over controlling trade deficit, stronger protection against unfair imports and better market opportunities for Indian goods and services.

“Despite the global headwinds, India M&A is expected to remain stable in the next few years, with private investments reviving against the backdrop of a more favourable business environment,” it said.