After wrapping up stakeholder consultations, the department of commerce has begun inter-ministerial discussions on five Bills dealing with the plantation sector. The new legislation will will replace existing Acts governing tea, coffee, rubber, spices and tobacco. While Tea Act, 1953 is proposed to be replaced with the Tea (Promotion and Development) Act, Rubber Act,1947 will […]
Day: May 21, 2024
L&T shares climb over 2%; reach 52-week high level in intra-day tradeL&T shares climb over 2%; reach 52-week high level in intra-day trade
Shares of Larsen & Toubro (L&T) climbed over 2 percent on Thursday after the company bagged several ‘large’ projects under its various business units. The stock of the engineering and construction conglomerate advanced 2.35 percent to settle at Rs 3,097.35 apiece on the BSE. During the day, it climbed 2.90 per cent to reach its […]
India diesel exports to Singapore set for highs in Aug, drop for EuropeIndia diesel exports to Singapore set for highs in Aug, drop for Europe
India’s diesel exports to Singapore are set to hit a 19-month high in August and exceed 330,000 metric tons, boosted by cheaper freight costs and low inventories in the Asian oil hub, traders and analysts said. The country’s exports of the fuel for August to Europe, on the other hand, are poised to fall to […]