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Cashew India app for farmers launched

Mangaluru: The Directorate of Cashew Research  (DCR) in Karnataka has launched a mobile app that would provide information related to the crop’s cultivation, market data and research for stakeholders, including the farmers. The “Cashew India” app of DCR, which is under the Indian council of agricultural research (ICAR) and located at Puttur in Dakshina Kannada district, is available in 11 …

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GSL to build DCS at Port Blair naval base

Vasco: Goa Shipyard Ltd (GSL) is all set to build state-of-the-art Damage Control Simulator (DCS) for Indian Navy at the naval base in Port Blair. The GSL signed a contract with Indian Navy for setting up of the DCS on Friday.  This has enabled the GSL to consolidate its position in supply of ship simulators for DCS. As on date, …

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PM, top ministers ask people to be vocal for handmade products

New Delhi: Prime Minister Narendra Modi and top ministers such as Amit Shah and Piyush Goyal took to social media on Friday asking people to be “vocal for handmade” products to strengthen efforts for a self-reliant India on the occasion of the National Handloom Day. “On National Handloom Day, we salute all those associated with our vibrant handloom and handicrafts …

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Reorienting agricultural priorities towards more nutritious food

New Delhi: Vice President M Venkaiah Naidu on Friday highlighted the need to constantly review the country’s food, agriculture and trade policies according to changing times. He also called for reorienting agricultural priorities towards more nutrition-sensitive food. Inaugurating the virtual consultation ‘Science for Resilient Food, Nutrition and Livelihoods’ organised by the M S Swaminathan Foundation, Naidu drew attention towards impacts …

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RBI keeps interest rates on hold; raises limit for gold loans

PTI Mumbai The Reserve Bank of India (RBI) on Thursday kept interest rates unchanged to help tame inflation that in recent times had surged past 6 per cent mark, and said that the economy is in an extremely weak condition following the pandemic. The central bank also allowed lenders to restructure corporate and MSME loans as well as raised the …

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Microsoft unveils new platform to help Indian firms return to work

IANS New Delhi Microsoft on Thursday announced the general availability of its Power Platform Return to the Workplace solution in India to help organisations prepare for the returnto work. Returning to the workplace will be a phased process and it will be vital for organisations to be equipped to give their leaders and employees timely and accurate information. Designed for …

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RBI for online dispute resolution system in digital payments

​IANS Mumbai In a major development for digital payment services, the Reserve Bank of India has decided that payment system operators (PSOs) will have to implement Online Dispute Resolution (ODR) systems in a phased manner. The RBI has said that to begin with, authorised PSOs shall be required to implement ODR systems for failed transactions in their respective payment systems. …

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Retire old thermal power plants to reduce discoms’ debt: IEEFA

IANS New Delhi Reduce financial and operational inefficiencies across India’s power distribution sector, which as of May had accumulated massive overdue payment liabilities of Rs 1,16,340 crore to generation companies, by retiring old and expensive thermal power plants, a report by IEEFA said on Thursday. Written by Vibhuti Garg and Kashish Shah from the Institute for Energy Economics and Financial …

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First Kisan Parcel Train to be launched

PTI New Delhi The railways will begin its Kisan Rail services to transport perishables from August 7, it said on Thursday, adding the first such train, carrying vegetables and fruits, would run between Devlali in Maharashtra and Danapur in Bihar. Finance Minister Nirmala Sitharaman had announced this initiative in her Budget speech earlier this year envisaging setting up of a …

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KFW offers Rs 600cr loan to Bengal for solar park project

Kolkata: German KfW Development Bank has agreed to give a soft loan of Rs 600 crore to West Bengal power utility for the first phase of a 125MW solar park project in Purba Medinipur district, Power minister Sobhandeb Chattopadhyay said. The project to be executed by the West Bengal State Electricity Distribution Company Limited (WBSEDCL), on completion, will double the …

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