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Posted in Economy

Govt hikes onion procurement rate to Rs 16.5 per kg from Saturday to help farmers

The government has raised the onion procurement price under its buffer stock programme to Rs 16.50 per kg with effect from Saturday, from Rs 15.80…

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Assam chief minister Chief Minister flags off international consignment of GI-tagged Tezpur litchis to Singapore

Guwahati: In an important step towards increasing the footprints of Assam’s rich horticultural produce in international markets, Chief Minister Himanta Biswa Sarma today ceremonially flagged…

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ETtech Deals Digest: Startups raise $225 million in second week of June, up 22% on-year

Startups raised $225 million across 19 rounds in the second week of June, up 22% year-on-year and 39% higher than the previous week. Gurugram-based green…

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RBI forex measures to lower banks’ overseas borrowing costs by 2-2.5 per cent, aid inflows: Report

Mumbai: The RBI‘s recent measures to incentivise overseas borrowings could lower funding costs for banks by 2-2.50 per cent through the external commercial borrowing (ECB)…

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SpaceX set to surge past $2 trillion valuation in blockbuster Nasdaq debut
Posted in Startups

SpaceX set to surge past $2 trillion valuation in blockbuster Nasdaq debut

SpaceX was on course to blow past $2 trillion in market valuation in its Nasdaq debut on Friday, reflecting the frenzy for the Elon Musk-led…

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The AI Price War Is Here, Piling Pressure on OpenAI and Anthropic
Posted in Business

The AI Price War Is Here, Piling Pressure on OpenAI and Anthropic

The AI price war has begun. The AI Price War Is Here, Piling Pressure on OpenAI and Anthropic Big companies and startups, chafing at rapidly…

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India's forex reserves
Posted in Economy

India’s forex reserves drop $711 million to $681.610 billion, RBI data shows

India’s forex reserves dropped $711 million to $681.610 billion during the week ending June 5 due to a sharp decline in foreign currency reserves, according…

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Global rice production was 713 million tonnes per year during 2006-2015, saw growth: Study

New Delhi: Global production of rice for the decade 2006-2015 was 713 million tonnes per year, with China, India, and Thailand being the top three…

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India’s agriculture and water tech startups gain momentum, sustainability in focus: Nasscom

New Delhi : India’s agri and water tech deeptech ecosystem is gaining momentum around commercialisation, as per a statement by Nasscom. These sectors stand at…

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What's ailing India's fertiliser subsidy and ethanol policy? Ashok Gulati explains - The Economic Times Video
Posted in Economy

What’s ailing India’s fertiliser subsidy and ethanol policy? Ashok Gulati explains – The Economic Times Video

Ashok Gulati says India’s fertiliser subsidy model is fiscally unsustainable, heavily import-dependent and environmentally damaging. He advocates decontrolling fertiliser prices, replacing price subsidies with direct…

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