The government will formulate a strategy to achieve self-sufficiency in oilseeds — mustard, groundnut, sesame, soybean and sunflower — and expand usage of nano diammonium phosphate (DAP) fertiliser to reduce import dependence.
“Atmanirbhar Oilseeds Abhiyan will cover research for high-yielding varieties, widespread adoption of modern farm techniques, market linkages, procurement, value addition and crop insurance,” finance minister Nirmala Sitharaman said on Thursday. India imports around 56% of its domestic edible oil consumption of around 25 million tonne (MT).
According to the Solvent Extractors Association of India, the country’s import of palm, soybean and sunflower oils rose 17% to a record 16.47 MT (valued at Rs 1.38 trillion) in the 2022-23 …
Read moreDomestic retail investors have increased stake in fintech major Paytm to 12.85% as on December 31 from 8.28% a quarter ago, the company disclosed in an exchange filing on Saturday.
The portion of domestic institutional investors rose to 6.06% from 4.06% in the second quarter, owing to increased investment from mutual funds.
Mutual funds have increased their stake in Paytm by 2.2% to 4.99% in the reported quarter, led by investment from Mirae Mutual Fund and Nippon India Mutual Fund.
BrandWagon Exclusive: Helmet maker Steelbird Hi-Tech claims to be on track to achieving a revenue target of Rs 1,000 crore in FY25; attained more than 20% in Q1, FY25 Congress demands Joint Parliamentary Committee to investigate Hindenburg’s allegations against SEBI chairperso…
Read more