The govt said it will discuss with stakeholders next week about the new scheme 'Operation Greens' announced in the Budget 2018.
Onion and tomato prices in both wholesale and retail markets of the national capital have started cooling down with improved supplies from the growing regions.
India’s retail inflation likely breached RBI’s 4.0% medium-term target in Nov after unseasonably heavy rains sent food prices soaring, a Reuters poll showed.
Onion and tomato prices are expected to cool down in retail markets in next 15-20 days with arrival of fresh crop, according to Pattanayak.
Amid sharp rise in prices of key veggies like onion and tomato, CEA Arvind Subramanian said the government will take action to contain their prices.
Tomato prices in retail markets of the national capital soared to Rs 80 per kg in view of tight supplies, trade data showed.
The Delhi government ordered inspections of wholesale and retail markets across the city to check hoarding of tomatoes and onions.
Tomato prices soared to Rs 100 per kg, local transport and logistics app Jugnoo has offered to make doorstep delivery of tomatoes at just Re 1 per kg.
Paswan termed the rise in onion and tomato prices as "seasonal factor", saying the situation will normalise in a week or so on improved supplies of the fresh crop.
A ban on Turkish tomato imports that was motivated by geopolitics has inspired Russia to become self-sufficient in tomato production.
Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively
To add platform capabilities in the insurance segment which contributes 15% of total business
The Acquisition is expected to close within the next 3 months
Sells Essar Steel loan to Deutsche Bank
Has sold its $385 mn Foreign currency loan extended to Essar Steel
Bank has taken a 38% haircut
Rs 1600 cr is expected earnings to the bank from the deal
Economic Times Reports
To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn
The co is also in discussions to sell its residential and commercial projects in Chennai
To convene shareholder’s meet on 23rd March in regard to the proposed divestment
Gets Order Worth Rs 230 Cr From NTPC
To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators
Will help NTPC commission the 3x 660MW plant started 12years
Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI
The completion period for the project is 30 months