Thadeu Dos Santos, Regional Director at Infinox “Gold fell to a one-month low as markets turned more cautious ahead of today’s Federal Reserve decision and Chair Jerome Powell’s remarks alongside updated economic projections. While a hold in rates is widely expected, uncertainty around the medium-term policy path remains elevated, especially…
Continue ReadingCategory: business
Oil Prices Ease on Supply Hopes, Risks Persist Amid Middle East Tensions
-Konstantinos Chrysikos, Head of Customer Relationship Management at Kudotrade Oil prices moved lower to a certain extent today, retreating from this week’s peak as markets reacted to tentative efforts to restore supply flows from the Middle East. Signs of potential progress helped ease some concerns, although the situation remains fragile…
Continue ReadingGovt Approves Rs.472 Crore Road Over Bridge to Boost Tuna-Tekra Port Connectivity
New Delhi, March 19: The government has approved a ₹472 crore project for construction of a Road Over Bridge (ROB) and associated infrastructure at Tuna-Tekra to strengthen port connectivity and improve cargo evacuation, the Ministry of Ports, Shipping and Waterways said. Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal…
Continue ReadingCentre Releases Over Rs.24,600 Lakh for Indigenous Cattle Development in Andhra Pradesh
New Delhi, March 19: The Centre has released over ₹24,600 lakh under the Rashtriya Gokul Mission (RGM) to Andhra Pradesh between 2014–15 and 2025–26 to support indigenous cattle development, the Lok Sabha was informed. In a written reply, Fisheries, Animal Husbandry and Dairying Minister Rajiv Ranjan Singh said the funds…
Continue ReadingDigital India at 10: How Connectivity, Data and Platforms Are Rewiring India’s Economy
A decade after its launch, the Digital India programme is no longer just a government initiative. It has evolved into the backbone of India’s economic and service delivery architecture, quietly reshaping everything from banking and payments to welfare distribution and digital commerce. The scale of transformation is striking. Broadband subscribers…
Continue ReadingCooperative Banks in Odisha Stable, NPAs Decline: Govt
New Delhi, March 19: Cooperative banking institutions in Odisha remain financially stable, with no banks under liquidation and a marginal decline in non-performing assets (NPAs), the government informed the Rajya Sabha. In a written reply, Union Minister for Home and Cooperation Amit Shah said the state has 9 Urban Cooperative…
Continue ReadingCabinet Approves Rs.1,718 Crore MSP Support for Cotton, Strengthening Farm Incomes and Textile Supply Chain
The Cabinet Committee on Economic Affairs has approved ₹1,718.56 crore in Minimum Support Price (MSP) funding to the Cotton Corporation of India (CCI) for the 2023–24 cotton season, reinforcing price support mechanisms for cotton farmers. The funding is aimed at enabling CCI to undertake large-scale procurement when market prices fall…
Continue ReadingCabinet Clears Rs.6,969 Crore Barabanki–Bahraich Highway Project to Boost Trade and Logistics
In a move aimed at strengthening regional connectivity and cross-border trade, the Cabinet Committee on Economic Affairs has approved the construction of a four-lane access-controlled National Highway-927 from Barabanki to Bahraich in Uttar Pradesh. The 101.5 km project will be developed at a cost of ₹6,969.04 crore under the Hybrid…
Continue ReadingBHAVYA Scheme Signals Shift to Ready-to-Use Industrial Ecosystems
The Union Cabinet’s approval of the ₹33,660 crore Bharat Audyogik Vikas Yojna (BHAVYA) marks a significant shift in India’s industrial policy, from land allocation and incentives to fully serviced, plug-and-play manufacturing ecosystems. At its core, BHAVYA attempts to solve a long-standing problem in India’s industrial landscape: delays between investment intent…
Continue ReadingCabinet Approves Rs.2,584 Crore Small Hydro Power Scheme to Boost Clean Energy
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Small Hydro Power (SHP) Development Scheme for the period 2026–27 to 2030–31. The scheme has a total outlay of ₹2,584.60 crore and aims to install small hydro power projects with a combined capacity of around 1,500 MW. The…
Continue Reading