Economy

Bharat Petroleum Corporation Limited (BPCL) – a PSU under the Ministry of Petroleum and Natural Gas has announced the launch of “UFill” – a digital customer experience which delivers on BPCL’s promise of ensuring that their customers have complete control over Time, Technology and Transparency as part of their fuelling experience. With UFill, the invitation to customers is to “Fast forward your fill”, leveraging the latest in digital technology which obviates the need for looking at zero or final reading and such offline manual interventions.

The recent quarter witnessed increased demand for consumer goods from small towns and villages, outpacing cities. Rural consumption of FMCG goods expanded 58% year on year, twice the urban consumption, during the quarter ended September 2021, according to the latest report by Bizom, a sales automation firm that transacts with 7.5 million retail stores.

The Removal of Licensing Requirements, Stock Limits and Movement Restrictions on Specified Foodstuffs (Amendment) Order, 2021 has been issued with immediate effect i.e. from 8th September, 2021.Future trading on Mustard Oil and Oilseeds was suspended in NCDEX w. e. f October 08, 2021.