Despite having a cost advantage, domestic crushers are not purchasing locally grown soybeans, while the country continues to meet its rising soybean oil demand through expensive imports.
Govt submission comes in response to petitions against release of GM crops owing to concerns over side-effects. New technology would increase farm productivity and income of farmers, says Centre.
Indians spending 14% more on edible oil compared to last year. Experts expect a cooldown if no shocks prevail, government says ‘situation under control’.
While retail inflation hit an 8-year high of 7.8% in April, wholesale inflation surged to a 9-year high of 15.08% on the back of elevated food and energy prices in the same month.
Survey by LocalCircles also found that 17% were cutting discretionary spending to afford the oil and 1 in 2 households are dipping into savings to buy it.
India is witnessing record-high inflation in edible oil prices. Food Secretary says country can produce up to 18-19 lakh tonnes of rice bran oil, up from current 11 LT.
The VFX effects are what you’d expect from a run-of-the-mill video game or a mediocre fantasy show. But a film that supposedly cost thousands of crores? The audience deserves more.
The central bank has rolled out some of its toughest measures in more than a decade to curb speculation & support the currency, which has been setting successive record lows this year.
Three-day conflict between India and Pakistan underscored the growing importance of information warfare as a critical domain alongside conventional military operations.
It’s easy to understand why the government can’t speak the hard truth. When this war ends, as all wars do, India’s interests will lie with both the winner and the loser.
COMMENTS