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₹59,715 crore towards minimum support price. Leading procuring states include Punjab (12.42 million tonnes), Haryana (7.15 million tonnes), Madhya Pradesh (4.78 million tonnes), Rajasthan (966,000 tonnes), and Uttar Pradesh (907,000 tonnes).While wheat procurement typically spans April to March, this year, it started in early March for most states following the Centre's decision to allow purchases upon crop arrivals.Rice procurement is progressing smoothly.

NEW DELHI:The Union finance ministry on Friday exuded confidence about India's economic resilience, amid global conflicts and commodity price spikes. Positive indications in the farm sector like the prediction of a normal monsoon and stabilizing food prices will help the country “firewall against any adverse pressures" from such external factors in the coming months, the ministry's monthly economic review said.The April review by the ministry's Department of Economic Affairs said that while a normal monsoon will stabilize food prices, strong macroeconomic buffers will help the economy navigate external headwinds smoothly and continue the growth momentum of the previous fiscal year (FY24).According to government estimates, India is expected to report a GDP (gross domestic product) growth of at least 7.6% during FY24, which would be the fastest in any major global economy.

Ludo King, developed by Gametion Technologies, brings the board game of Ludo to the digital world, capturing the nostalgia of traditional gameplay while incorporating features. Available on both Android and iOS platforms, Ludo King tops the charts in Google’s Play Store as well as Apple’s App Store.

surge in 2024, Aditya Birla Group’s market capitalisation has crossed the $100-billion mark and outperformed both Sensex and Nifty. Successful completion of Vodafone Idea's Rs 18,000-crore follow-on public offering (FPO) has prompted a re-rating of most of the Aditya Birla Group stocks, which predominantly focuses on commodities. Vodafone has also nearly tripled its market cap in one year.

This article explores some of the best ashtrays available on the market today, highlighting their key features, materials, and design elements. From stylish and decorative to practical and durable, discover the top choices to enhance your smoking experience and keep your space tidy.

Enforcement Directorate (ED) on Friday opposed in the Delhi High Court the bail plea of BRS leader K Kavitha in a money laundering case linked to the alleged excise policy scam, saying her release would adversely affect further investigation to unearth the «deep-rooted, multi-layered conspiracy». The ED, in its reply to Kavitha's bail plea, contended that the Telangana lawmaker is a «highly influential» individual and stands accused of having committed a grave economic offence. She has the potential to tamper with evidence and influence witnesses, it said. «K Kavitha has conspired with other people and actively involved in payment of kickbacks to the tune of Rs 100 crore and then in establishing the money laundering ecosystem, that is, M/s Indo Spirits through her proxy which generated proceeds of crime of Rs 192.8 crore. By such acts, K Kavitha is involved in various processes and activities relating to proceeds of crime (POC) to the tune of Rs 292.8 crore,» the probe agency said in its counter affidavit. On Friday, Justice Swarana Kanta Sharma heard part arguments advanced by Kavitha's counsel and listed the matter for further proceedings on May 27.

Congress leader Shashi Tharoor on Friday asserted that Prime Minister Narendra Modi «owed an explanation to the country's women» for having campaigned in favour of sex scandal accused Prajjwal Revanna. Speaking to PTI-Video during his visit to Patna, Tharoor alleged that accusations against Revanna had been known to the BJP which chose to ignore these because of «political cynicism». «It is now well known that videotapes of Revanna were made available to a BJP leader in Karnataka where the party displayed political cynicism by keeping mum and having a truck with the Janata Dal (Secular),» he said. Referring to a rally of Modi in the Hassan constituency for Revanna who has been on the run since the matter came to light, Tharoor said, «The prime minister of the country clearly owes an answer to the country's women for canvassing in favour of such a candidate».

Malaysian authorities have dismantled a forex investment fraud and cryptocurrency syndicate that had been operating in the country.

There’s rarely been a better time for financial advisors to work with employers to provide support to the millions of workers who need help with their money management.

A key driver was strong underlying growth of 6.8%, but the headline figure rose more slowly (2.4%) due to fewer one-off special dividends over the quarter. At the same time, the index found 93% of companies either increased or held their dividends steady in the three-month period. UK dividend outlook 'healthy but unexciting' despite cuts to growth forecast Dividends in the US reached an all-time quarterly high of $164.3bn, a 7% increase on an underlying basis. This was attributed to the restoration of Disney's payout after the pandemic, as well as first Q1 dividends from Meta and T...

Hindalco Industries, the flagship company of the Aditya Birla group, on Friday reported a 32% year-on-year jump in its consolidated net profit to ₹3,174 crore for the quarter ended March driven by strong margins and volumes across aluminium and copper businesses. The company's revenue from operations for the quarter was flat year-on-year at ₹55,994 crore.Hindalco's earnings before interest, taxes, depreciation, and amortization or Ebitda stood at ₹7,201 crore for Q4FY24, up 24%, driven by lower input costs and higher volumes.The demand for copper and aluminium going ahead remains very strong in India, said Satish Pai, managing director, Hindalco Industries."I think that we can get to the monsoon where we don't have supply disruptions, so, our cost of production is under control and if the commodity prices remain favorable, we should have another good year," Pai said in a statement.Consolidated net debt to Ebitda stood at 1.21 times as of 31 March 2024 against 1.39 times in the corresponding period a year ago.

Challenges such as water scarcity, soil fertility, pests and diseases, limited inputs, unfavourable policies, limited access or lack of markets as well as climate issues, plague the small and marginal landholdings at a higher intensity than others. In addition, many of these smaller units of land are commonly observed as unviable for agriculture and, therefore, unable to provide a sustainable livelihood for their owners. Right from sowing, farm and labor management, and financial support to farm management, market consolidation, storage, and protection against losses or crisis, small and marginal farm holdings suffer innumerable issues while facing high transaction costs, lack of collective action, and coordination failure in production and marketing. Need of the Hour It is clear that with the sheer size of small and marginal landholdings in our country, the available options are not sufficient to address issues that haunt them. Innovative ideas, disruption in technology and practices, a user-centric approach to create sustainable solutions, and a more focused perspective towards these challenges are required at a larger scale.

₹15,800 crore) in India last year, according to a NielsenIQ report. A quick search for #whitening on social media, especially on YouTube and Instagram, will result in thousands of videos offering DIY solutions (even pills). And dermatologists say that there are many who won’t hesitate to shell out a small fortune for fair skin.

personal loans cater to borrowers with lower credit scores, typically below 620, who may face challenges in qualifying for conventional bank loans. These loans carry elevated interest rates, intended to offset the heightened risk of borrower default for the lenders.These lenders prioritise a borrower’s repayment capacity, a departure from traditional lenders who heavily rely on credit scores as a measure of creditworthiness.

announced a record dividend payout of ₹2.1 trillion to the government for the fiscal ended 31 March 2024 (FY24). This is higher than the government’s budget estimate and analysts' expectation of ₹1 trillion, and 141% larger than the ₹87,416-crore dividend payout in FY23. The central bank has also raised the contingency risk buffer (CRB) to 6.5% from 6% in the previous year.

«I think from the way our business is shaping up, the way we are looking at going deeper from a distribution perspective, building a younger brand, we are very confident of delivering plus 20% kind of value growth for the coming year,» says Ramanpreet Sohi, CFO, Honasa Consumer. It has been a good all-round performance for you, at least for the quarter gone by. Directionally, things are moving in the right spirit. I want to first understand with the growth, what you have reported, revenue growth of 20% and volume growth numbers which you have reported for the first time also is 20% plus. 20%, will that sustain for FY25 and are we likely to see a build up on that? No, of course, I think from a quarter perspective, pretty decent quarter for us. We have delivered about 23% value growth and volume growth is coming at 27%. And in fact, for the year, our volume growth was, in fact, about 40% and value growth for year perspective was plus 30%.

Also Read: How can using a credit card for emergencies affect your financial health?Since the card is 100% digital, customers can avail it only through the app. The ‘PIXEL Play’ card is available for salaried persons between 21 years and 60 years of age with a monthly income of ₹25000.

HUL: Is another weak quarter a cause of panic for investors?"In view of the above, the Board of Directors based on the recommendation of the Nomination and Remuneration Committee approved and adopted the revised Board Skill Matrix of the Company on 26th February, 2024," the report added.HUL will become among the first of the large companies which officially adopts an additional set of skill sets that its Board must have. Wile earlier some of the prominent skill sets were defined as a must have for the Board, this is the first time HUL has measured the extent of these skill sets that the directors have.According to the skillset statistics shared in the report, HUL found out that while 92% of its Board had leadership experience, barely 33% were aware about the details of cybersecurity, data governance and information technology.

«We believe that given that the budget is going to be in July, there is still a lot of steam left. Even after the election results are out, I think the run-up to the budget should be good,» says Dinshaw Irani, CEO, Helios MF. There are two factors at play, one the short-term, which is from here to the election, which is 4th of June and then what happens to the market after that. In last three-four days, we have seen a sizable comeback in the markets, defence, railways, logistics, infrastructure, anything which has got to do with policy, that sector has seen a sizable rally. Do you think markets and some of these policy stocks are now priced to perfection and they are pricing in a near-perfect election scenario? The fact is that we never took that into cognisance in the first place. What we were clear about was that we just need the government to continue. It did not matter whether they came in with a 300-plus or a 400-plus kind of majority, all we needed was them to continue and the continuity is what we were looking forward to and I think more or less that is a given.

MphasiS Ltd. traded 0.24 per cent lower in Friday's session at 11:46AM (IST). The stock opened at Rs 2399.85 and has touched an intraday high and low of Rs 2410.55 and Rs 2383.1, respectively, during the session so far. The stock quoted a 52-week high of Rs 2835.0 and a 52-week low of 1807.0. About 2,844 shares changed hands on the counter so far.

«Selling depends on whether you have some cash on the sidelines or not, because the longer-term prospects do not change. So, if you have 10-15% cash on the sidelines, then you do not necessarily need to sell,» says Sandip Sabharwal, asksandipsabharwal.com. What a magical Buddha Purnima it turned out to be, seems like the June 4th magic was struck yesterday itself. But where from here, do you think it is as good as it gets or do you think the short covering bout and maybe some long addition has only started now and the rally could very well have more legs to go? As always, I have maintained that what the Indian markets do because most markets globally are heavily overbought in a way will depend on global cues.