Crop insurance boost: Agriculture minister Shivraj Singh Chouhan to transfer Rs 3,200 cr PMFBY claims on Monday; new rules bring faster payouts

Agriculture minister Shivraj Singh Chouhan will digitally transfer Rs 3,200 crore in crop insurance claims on Monday under the Pradhan Mantri Fasal Bima Yojana (PMFBY) to 30 lakh farmer beneficiaries. The transfer will take place during an event in Jhunjhunu, Rajasthan, attended by Rajasthan Chief Minister Bhajanlal Sharma, Union Minister of State for Agriculture Bhagirath…

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Gold rate outlook: Gold may extend rally amid macroeconomic uncertainty; analysts flag tariffs, central bank buying as key drivers

Gold prices are poised to extend gains in the coming week as macroeconomic uncertainty, trade tensions and central bank buying continue to fuel investor demand, analysts said.Traders will track a string of key economic data releases, including GDP figures from the UK and EU, and US Core PPI and Core CPI data. Speeches from US…

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Steel safeguard push: Industry seeks anti-dumping duties on cheap imports, flags urgent need amid trade uncertainties

The Indian stainless steel industry has sought anti-dumping duties on low-priced imports from select countries, citing an urgent need to protect domestic players in the face of global trade uncertainties.Jindal Stainless Managing Director Abhyuday Jindal said the Indian Stainless Steel Development Association (ISSDA), representing the industry, has petitioned the Directorate General of Trade Remedies (DGTR)…

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Policy dilemma: ‘We need to think hard’ on whether Russian oil imports are worth it; Nobel laureate Abhijit Banerjee links issue to US tariff removal

Nobel laureate Abhijit Banerjee has said India should reassess whether importing cheap oil from Russia is “worth it” after the Trump administration imposed an additional 25 per cent tariff on Indian goods, taking the total levy to 50 per cent — one of the highest by the US on any country.The latest tariff hike, signed…

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CII’s land reforms pitch: Industrial body calls for GST-like Council, uniform stamp duty; integrated land authorities and digitization also proposed to boost investment

The Confederation of Indian Industry (CII) has proposed a series of comprehensive land reforms to bolster India’s position as a global manufacturing hub. Key among these proposals is the creation of a GST-like Council to facilitate coordinated and consensus-based land reforms across the country. CII suggests standardizing stamp duty rates to a uniform 3 to…

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D-Street set for a stormy week? Tariffs, Q1 earnings, inflation data in focus— Analysts weigh in on likely stock market trajectory

Stock markets are set for another potentially turbulent week in the wake of Us tariff impact, q1 earnings and inflation data expected this week. This week’s trading would only span across days; Friday being an holiday on account of Independence Day. In the upcoming week, investors will be focusing on India’s Consumer Price Index (CPI)…

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India’s trade ties expansion: 5 major FTAs signed in five years; more deals in progress, says MoS Commerce & Industry

Over the last five years, India has expanded its international trade relationships by signing five major Free Trade Agreements (FTAs) whilst progressing with several new negotiations, as detailed in Minister of State for Commerce and Industry Jitin Prasada‘s written response to the Rajya Sabha.The Minister provided this information in response to Congress member Jebi Mather…

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PM Modi to inaugurate Bengaluru Yellow Line metro today: Route length, cost, stations & more — 10 key things to know about the project

Yellow Line of Namma Metro to be inaugurated by Prime Minister Narendra Modi (PTI photo) NEW DELHI: Prime Minister Narendra Modi will inaugurate the Yellow Line of Bengaluru’s Namma Metro on Sunday, marking a major expansion of the city’s mass transit system. The 19-km corridor from RV Road (Ragigudda) to Bommasandra under Phase-2 will link…

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