FARMERS INTERESTS INDIA

India may reimpose broken rice export restrictions as prices cross $360 per tonne: IREF

India may reimpose restrictions on exports of 100% broken rice as international prices cross $360 per tonne and domestic demand from ethanol manufacturers and poultry-feed producers increases, the Indian Rice Exporters' Federation (IREF) has warned. No fresh curbs have been announced so far.

No water to sow, no respite at the grocery store: India's prolonged food inflation worry

Indian farmers face challenges in sowing winter crops amid dwindling water supplies from a weak monsoon. Amarsingh Gushinge's village experiences a significant rainfall deficit, impacting crop planting decisions. Food inflation could worsen as key staples see rising prices, aggravating the economic strain on households. The Reserve Bank of India may respond with interest rate hikes to combat rising inflationary pressures.

Arunachal bandh over Siang dam project, protests against CAPF deployment

Protests erupted in Arunachal Pradesh against the 11,200-MW Siang Upper Multipurpose Project, demanding the release of detained individuals. A 36-hour bandh was enforced across Siang, Upper Siang, and East Siang districts. Instances of violence included attacks on political leaders' homes and arson at a police station.

Pakistan suffered $40 billion in economic losses due to suspension of trade with India: PIBC chief

Lahore has faced an estimated USD 40 billion in economic losses since trade with India paused in 2019. Business leaders emphasize the need for restoring these commercial ties to stimulate mutual benefits. The suspension has escalated costs for essential goods that are typically imported from India. Industries, particularly textiles and pharmaceuticals, have struggled to cope with rising transportation and sourcing expenses.

Nitin Gadkari says Rs 100,000 crore coming to Nagpur: Rs 50,000 crore for one locality, a mega textile market & a new bus port

Nitin Gadkari has announced plans for projects worth Rs 1 lakh crore in Nagpur, including market redevelopment, a textile market, an agro convention centre and a private bus port. He also discussed Mother Dairy's upcoming Rs 1,000 crore plant, compressed biogas production and plans to boost shrimp exports from Vidarbha.

India-New Zealand FTA: Expanding India’s footprint in Oceania

More than a trade deal, the India-New Zealand FTA is a strategic gateway to new markets, fresh investment and stronger capabilities, positioning India to compete, connect, and grow across the Asia-Pacific.

‘You are not bigger than the Constitution’: Rahul Gandhi targets PM Modi, Shah and CEC Gyanesh Kumar at mega INDIA bloc rally

Rahul Gandhi addressed a rally in Delhi, alleging that the BJP has manipulated electoral processes. He claimed that 13.5 crore voters were improperly removed from electoral rolls, affecting the electoral outcomes. Gandhi emphasized that the opposition would take legal steps against Prime Minister Modi and Chief Election Commissioner Gyanesh Kumar. He criticized the BJP for capturing key institutions and concentrating wealth among a few industrialists.

Good intentions, unintended consequences: The cost of regulation

Regulation is vital for protecting consumers and building trust, but unpredictable or poorly calibrated policy changes can disrupt business economics, valuations and investment.

PM Modi pays floral tributes to Sardar Vallabhbhai Patel at Statue of Unity on birth anniversary

Prime Minister Narendra Modi paid floral tributes to Sardar Vallabhbhai Patel at the Statue of Unity. This tribute occurred on Patel's birth anniversary, which is celebrated as National Unity Day. Union Home Minister Amit Shah also honored Patel, highlighting his contributions to modern India and national unity. Both leaders emphasized Patel's dedication to the nation's welfare and various movements, including those for farmers' rights.

India extends cotton import duty exemption till December 31 to ease textile costs

The Centre has decided to extend the customs duty exemption on cotton imports until December 31, 2026. This extension aims to improve cotton availability, particularly benefiting India's textile sector and reducing costs. Manufacturers and consumers are expected to experience relief due to this measure and its impact on input costs. Small and medium enterprises in the domestic textile industry should see improved market conditions.

AAP PAC discusses Punjab poll candidates in Delhi; names to be reviewed tomorrow

Aam Aadmi Party's Political Affairs Committee met to discuss candidates for the upcoming Punjab assembly elections. Punjab Chief Minister Bhagwant Singh Mann provided an update on the process for finalizing candidates. The first list of candidates is expected to be released on October 31st after further discussions. Meanwhile, the Election Commission of India reviewed poll preparedness across districts to ensure fair elections.

US trade deal will protect all sensitive Indian interests, says Piyush Goyal

Commerce Minister Piyush Goyal said India’s trade deal with the US would protect sensitive interests, including those of farmers, and give the country a competitive advantage. He criticised opposition parties for questioning the agreement before its details were released, while defending India’s trade strategy and its decision to stay out of RCEP.

Piyush Goyal on India-US Trade Deal: Farmers’ interests not compromised, we'll have strong advantage

India will gain strong comparative advantage after US trade deal: Piyush Goyal

Union Commerce and Industry Minister Piyush Goyal highlighted India's potential advantages from a trade deal with the United States. He asserted that the agreement would not harm the interests of farmers or any other stakeholders involved. Goyal made these statements during the 4th ISID-IDRA National Conference in Delhi. The trade deal aims to enhance India's economic landscape and strengthen its global standing.

Stocks in news: Jio Platforms, RIL, Infosys, L&T, Tata Capital, Waaree Energies and Vedanta Iron

Indian benchmark indices saw a volatile session amid the Nifty and Bank Nifty monthly expiry. Stocks like Jio Platforms made headlines following its IPO debut after raising significant funds. Reliance Industries remained a focus as its financial results and fundraising plans were announced. Infosys successfully implemented a transformation project for Syngenta, enhancing operations and governance. Tata Capital reported a substantial profit increase, driven by loan growth and higher interest income.

Govt should hike maize-based ethanol procurement rate by 9% to Rs 75 per litre: AIDA

The All India Distillers’ Association (AIDA) has approached the government with a request to elevate the maize-based ethanol procurement price to Rs 75 per litre. As maize prices continue to climb, AIDA expressed fears regarding the viability of grain-based distilleries and noted that current ethanol production plants are underutilized, which adversely affects profit margins.

Sugar stocks: Short-term pain is real; has the long-term case broken? 7 stocks from the sugar-ethanol ecosystem

Though this year's ethanol tender leaves sugar out, the long-term blending roadmap still points to rising ethanol use. The move is aimed at a short-term sugar-supply problem, not at ethanol itself. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.

Boost for green energy projects: Maharashtra govt waives 25 pc land transfer fee

Maharashtra announced a waiver for the 25 per cent transfer fee on land for renewable energy projects. This decision aims to alleviate financial pressure on companies and reduce project costs. Companies must use the land exclusively for renewable energy to qualify for this exemption. If the land is used for other purposes, the exemption will be revoked, and fees will be charged.

India-US trade deal enters fine-tuning stage as most talks conclude, says Piyush Goyal

India and the US are refining their bilateral trade agreement after concluding most discussions on the deal. Commerce Minister Piyush Goyal indicated significant progress has been made towards finalizing the agreement. Recent talks have involved high-level meetings between officials from both nations, focusing on tariff reductions and trade frameworks. Goyal is currently leading a significant delegation to the Netherlands and Germany to promote bilateral business ties.

ET Business Growth Summit, Nagpur: Maharashtra minister Jaiswal calls for a rethink of industrial incentives to ease investor stress

ET Business Growth Summit in Nagpur highlighted land shortages, financing constraints, and rising energy costs as major challenges.

Brazil stock market to crash today? What Lula’s surprise victory in elections means for emerging markets, commodities

Brazil’s stock market faces a potential sharp selloff after President Luiz Inácio Lula da Silva’s surprise election victory dashed investor hopes of a change in government and fiscal policy. Analysts warn of possible circuit breakers as the real weakens and soybean futures slide, with emerging markets also watching the fallout.

Halt water supply to construction projects, raise aid for drought-hit farmers: NCP (SP) to govt

NCP (SP) leaders are urging the Maharashtra government to prioritize water supply for farmers amid severe drought. They demand an increase in financial aid to Rs 25,000 per affected farmer before Diwali. Concerns were raised regarding the alleged political pressure affecting water allocation for construction projects. The party is also highlighting issues such as harassment of farmers by lenders during this crisis.

The age-old business of liberation & salvation

Moksa, or spiritual investment, mirrors historical practices like indulgences sold by the Church five centuries ago. Islamic finance offers similar concepts, rebranding interest-based transactions while still capitalizing on profit. In India, wealth managers curate portfolios aligned with moral principles while sidelining ethical considerations about labor. Temple towns, including Tirupati, create systems where money enhances access to religious experiences for the wealthy.