Erode, July 21 (IANS) Turmeric prices in Tamil Nadu’s key trading hub of Erode have climbed close to ₹20,000 per quintal once again, driven by dwindling arrivals, strong buying interest and growing concerns over drought affecting the next cultivation season.Traders say prices could rise even further if monsoon rains continue to remain inadequate. The price of the finger variety of turmeric touched ₹19,779 per quintal in the Erode market on Monday, marking a sharp increase from ₹15,199 re…
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Gandhinagar, July 15 (IANS) The Gujarat government on Wednesday announced a comprehensive relief package for residents, traders and businesses affected by the recent floods in Surat, with Deputy Chief Minister Harsh Sanghavi stating that the measures are expected to cost the state around Rs 550 crore over the next three years.The package was approved at a Cabinet meeting chaired by Chief Minister Bhupendra Patel on Wednesday, a week after torrential rain from July 6 triggered extensive flooding …
Chennai, July 11 (IANS) Egg prices in Tamil Nadu have reached a new high after the National Egg Coordination Committee (NECC) increased the procurement price by 5 paise to a record Rs 6.55 per egg on Saturday. The latest revision comes amid robust consumer demand, escalating poultry feed costs and export-related pressures, with retailers warning that prices for consumers could climb further in the coming days. The procurement price, which serves as the benchmark for wholesale transactions, has b…
Surat, July 10 (IANS) Surat district authorities have disbursed Rs 1.5 crore in flood relief to 2,500 affected families within two days as surveys continue across waterlogged areas, while insurance companies have been directed to expedite compensation claims for traders who suffered losses during the recent heavy rains. District Collector Tejas Parmar said survey teams had been deployed immediately after flooding caused damage in several parts of Surat city.According to the administration, 50 su…
Surat, July 10 (IANS) The Surat district administration has launched an intensive post-flood recovery operation, with the Gujarat government aiming to restore normal life, business activities and commercial operations in the city’s worst-affected areas within the next 48 to 72 hours after floodwaters receded.The large-scale relief and restoration exercise is being carried out under the supervision of Chief Minister Bhupendra Patel. Deputy Chief Minister Harsh Sanghavi chaired a high-level revi…
New Delhi, June 29 (IANS) The Department of Consumer Affairs has introduced an ‘Improvement Notice’ mechanism under the Legal Metrology Act, 2009, allowing businesses to rectify specified first-time procedural or regulatory non-compliances before penal proceedings are initiated, according to an official statement on Monday.The reform has been brought into effect through the Jan Vishwas (Amendment of Provisions) Act, 2026 to promote ease of doing business (EoDB), encouraging voluntary compliance …
New Delhi, June 22 (IANS) India today offers unique and unparalleled economic opportunities to the world, Commerce and Industry Minister Piyush Goyal said on Monday while highlighting Prime Minister Narendra Modi’s vision of positioning the country as a trusted global economic partner.Speaking at the Republic Summit 2026, Goyal said India’s growing role in global supply chains and its nation-first trade policies have made the country an increasingly attractive destination for businesses worl…
New Delhi, May 19 (IANS) In a curious turn, people in a part of Bangladesh have lately been found buying eggs with shells broken during transit, storage, or handling, in large quantities, pushing up prices for the damaged product which otherwise were thrown or consumed by the seller’s family, according to a media report. From about Bangladesh Taka 5-6 for each broken egg, the price has now crept up to Tk 8, Dhaka’s popular Bengali daily Prothom Alo reported on Tuesday.It found that demand for su…
Chandigarh, May 15 (IANS) Punjab Minister Aman Arora on Friday slammed the Central government over the continuous rise in fuel prices and inflation, stating that the Bharatiya Janata Party-led government has pushed the common man, farmers and small businesses into financial distress while favouring a handful of corporate houses. Cabinet minister Arora told the media here that the entire country “is witnessing the suffering caused by rising inflation despite the tall promises made by PM Modi be…
New Delhi, May 14 (IANS) The Securities and Exchange Board of India (SEBI) on Thursday proposed a clean-up of regulations governing exchange‑traded derivatives to reduce compliance burden on stock exchanges and to simplify market processes.The regulator proposed merging, pruning and restructuring large parts of its master circulars covering equity, currency, interest rate and commodity derivatives to enhance ease of doing business for market infrastructure institutions, its consultation paper …