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The latest news and developments this week

The latest news and developments

The latest news and developments this week

The pile-up of harvested or un-harvested perishables may have caused farmers a loss of around Rs 15,000 crore. Market arrivals of fruits and vegetables have sharply fallen since the imposition of the lockdown.

While four of the MPC members voted in favour of the eventual 75-basis point (bps) cut, external members Chetan Ghate and Pami Dua argued for a 50-bps cut, the minutes, released on Monday, showed.

In its status report submitted earlier, the Centre had said that all the steps were being taken for the welfare and benefit of migrant workers.

Out of 230 lakh tonne annual consumption, only a third of it is met via domestic production. Edible oils prices have gone up as the country’s 600 refineries, 500 solvent plants and 10,000 crushing mills have reduced output by half compared to pre-Covid levels, industry experts said.

Meanwhile, the UP government had, on Thursday, issued an order allowing nine types of industries to run conditionally with essential services.

As for growth, the governor stuck to sharing the International Monetary Fund's (IMF) view on India's growth, offering no forecast from the central bank.

The need of the hour is to promote remote working and expand gig economy, speakers at a Niti Aaayog-organised Webinar said.

The stock of products with retailers currently is just about sufficient and distributors have been directed to supply them with quantities that will last for about four days or so.

Seeking setting aside of the orders, the exporter said that directing private establishments to compulsorily pay 100% wages during lockdown is “illegal, unconstitutional” and violative of Articles 14 and 19 of the Constitution of India.

Now that the GOI has fixed the base price of sugar and most of the mills have set up distilleries too, to augment their business, the scenario has changed.

Since 2009-10, the SMP has been replaced with fair and remunerative price (FRP) and some states like Uttar Pradesh continue to announce state-advised prices which are higher than FRPs.

The association also said hundreds of crores of unclaimed provident fund and employees state insurance corporation contribution lie in banks attracting interest.

In the case of Covid-19, hazardous waste is being generated in hospitals, quarantine zones or red zone areas within cities. They are potential sources of Covid-19 and can cause further spread within the locality.

Besides, the state government will create new bank accounts for some 56 lakh farmers and issue 1.12 crore credit/debit cards to them by the next kharif season to enable them to avail crop loans and other government benefits.

However, the Bench refused to interfere in the matter after the petitioners informed the judges that they were not personally affected and had filed the PILs in public interest.

Delhi’s Azadpur mandi, the country’s largest market yard for these items, saw arrivals of onion, tomato and potato drop by 14-31% during April 16-30 from the previous fortnight.

Microfinance institutions (MFIs) believe the industry will bounce back in no time as they see demand for microcredit rising soon because of emergency loan requirements of their customers to restart businesses.

At least 13 states hike VAT on petrol/diesel since mid-March, many make liquor costlier with new imposts.

The Tamil Nadu government has decided to hike prices of liquor by up to Rs 20, as it is readying itself to open liquor outlets on Thursday.

Grappling with low revenues following the outbreak of Covid-19 and the subsequent lockdown, the UP government hiked the value added tax (VAT) on petrol and diesel and increased the excise duty on liquor.

'Thanks for all you’re doing,' the artist said in a note for hospital workers. 'I hope this brightens the place up a bit, even if it’s only black and white.'

Over 300 World of SUVs set up in six months.

Our next EV will be developed on the dedicated Electric-Global Modular Platform (E-GMP), and that car will be launched globally in early 2021. That platform will be used for Hyundai, Kia and Genesis EVs.

The Moto G5 Plus launches tomorrow, reskindling the budget wars in India. For budget buyers, there are actually quite a few options coming up soon, including the three new smartphones from Nokia. Here, take a look.

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UP govt tables Rs 4,211 crore second supplementary Budget for FY20

For protection of land ownership in J&K, a handful of provisions, the official said, are being considered which include land ownership protection regimes in force in states such as Himachal Pradesh and Uttarakhand.

Australian High Commissioner Harinder Sidhu hopes India will revert decision to reject RCEP, warns against economies turning inwards, believes climate change role in bushfires bears examination, and admits that her Indian origins, especially Bollywood love, helped her

A vacation bench, led by Justice U U Lalit, said that there is no existing law to back the state government's action of putting up such hoardings across Lucknow. 

Gujarat chief minister Vijay Rupani has assured the state's people of sustained supply of essential commodities. For the purpose, a core committee headed by the chief minister has been formed by the Gujarat government.

The presence of antibodies would mean the person is immune to the virus. The antibody test happens to be a faster alternative to the direct test, known as Polymerase Chain Reaction (PCR), in which throat or nasal swabs are taken.

Many national newspapers and NGOs like Rotary, industry bodies like Indian Merchants Chamber (IMC) and Population First (Laadli) will also play a role in disseminating information and counselling, where necessary.

In his address, the PM said detailed guidelines on the new lockdown would be announced on April 15 and some conditions could be relaxed after April 20 in places reporting no new infections.

It is irrational to treat all private establishments alike irrespective of profit, loss, debt, or turnover, the petition said, adding that a blanket direction by MHA is akin to a tax without any statutory backing.

The newspaper industry directly and indirectly gives employment to 30 lakh people.