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Vande Bharat phase-2: 149 flights to bring Indians home from 31 countries

by Malik Runswick | May 14, 2020 | Business Ownership‎

Giving the update for day eight of the ‘Vande Bharat mission’, the Ministry of External Affairs (MEA) on Thursday said 12,000 Indian nationals have safely returned until now. The MEA said it will launch the second phase of the mission from May 16 to 22 May. In the second phase, it […]

Arjun Indo Agro Oils to open a 50,000 tonnes capacity refinery in Angre Port

by Malik Runswick | May 14, 2020 | Business Education‎

Arjun Indo Agro Oils Ltd, the edible-oil making subsidiary of Kolhapur-based Arjun Refineries, will open an edible oil refining and packaging facility at Angre port in Jaigad located in Maharashtra’s Ratnagiri district. It plans to tap into a potential thrown up by...

Spot rubber prices tumble as physical market opens after 50-day lockdown

by Malik Runswick | May 14, 2020 | Business Ideas

Spot rubber prices were sharply down when the physical market resumed trading after a long gap of 50 days on Wednesday. RSS 4 declined to ₹116 (₹125) a kg, according to the Rubber Board. As per reports, the Board has bought 56 tonnes of rubber so far under the Price...

Govt extends deadline for import of additional quota of urad till May 31

by Malik Runswick | May 14, 2020 | Business Law‎

The deadline for import of additional quota of 2.5 lakh tonne of urad lentil for 2019-20 has been extended further till May 31 by the Commerce & Industry Ministry as the on-going lockdown for containing the Covid-19 virus resulted in delays for traders.“In this...

At Kochi auctions, orthodox leaf sale sees strong demand from CIS countries

by Malik Runswick | May 14, 2020 | Business News

A strong demand from CIS countries lifted orthodox leaf tea prices at Kochi auctions this week. There was a strong demand from exporters, which witnessed an 81 per cent of sale of the offered quantity of 1,78,934 kg in sale 18. The market for select best Nilgiri whole...

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