Latest news with #FinanceIntroduction
Time of India
3 days ago
- Business
- Time of India
Govt asks seafood exporters to explore new markets amid US tariff hike
New Delhi: The government on Monday asked seafood exporters to "bravely face" the current challenge of high US tariffs and explore alternative markets to ship shrimps and other fish varieties. Addressing a press conference, Union Minister for Fisheries , Animal Husbandry and Dairying Rajiv Ranjan Singh said alternative markets are available for India's seafood exports. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program "The EU, Japan, South Korea, UK, Russia, Australia, West Asia, South East Asia and many countries are available for export of Indian seafoods," he said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 15 most beautiful women in the world Undo "We have asked them (exporters) to face the current challenge bravely. There are alternative markets available... Where there is a will, there is a way," Singh added. The minister emphasised the need for improving value addition and packaging before reaching other markets. Live Events "We have told them that before reaching other markets, there is a need to improve value addition and packing. We have asked to work in this direction," he noted. Singh also asked exporters to take advantage of the Fishery Infrastructure Development Fund to upgrade and strengthen value-addition, processing and packaging facilities. To address export concerns, the Marine Product Export Development Authority (MPEDA) has been asked to meet exporters in four major producing states and help them prepare for new markets. The minister said MPEDA will help identify specific fish varieties, value addition, and modernising processing and packing infrastructure. "We had a fruitful meeting. Some positive suggestions were made," the minister said. Ministers of State for Fisheries , Animal Husbandry and Dairying S P Singh Baghel and George Kurian, and Fisheries Secretary Abhilaksh Likhi were also present. When asked if exporters demanded a financial package to tide over the current difficult situation, Singh said: "A few days back, the Prime Minister had clearly said that we will not compromise on the interest of farmers. All exporters said they side with the PM on this issue and accept the challenge and look for new avenues." Exporters have identified new markets and have started exploring them, he said. More than 50 individual exporters and representatives of key fish-growing states attended the meeting. The minister said exporters have made certain suggestions to be included in the Pradhan Mantri Matsya Sampada Yojana (PMMSY) during the 16th Finance Commission. He said the government has come out with draft guidelines on fishing in high seas and Exclusive Economic Zones, and sought public comments within a month. "This will harness fisheries, especially tuna fish in Lakshadweep islands and Andaman and Nicobar and give a further boost to India's export," he added. Last week, the US further increased reciprocal tariffs from 25 per cent to up to 50 per cent on Indian goods.
Time of India
3 days ago
- Climate
- Time of India
India sees normal monsoon rainfall; some states drenched, others parched
India has recorded normal rainfall so far this monsoon season, but the distribution is highly uneven across states, the latest state-wise compilation by the India Meteorological Department ( IMD ) shows. Between June 1 and August 10, the country recorded 539 mm of rain against a normal of 535.6 mm, about 1% above the long-period average. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Of the 36 states and union territories for which the IMD provides figures, 25 are in the "normal" category (within 19 per cent of the long-period average), five are "deficient" (20 to 59 per cent below normal), five are in the "excess" category (20 to 59% above normal) and one ( Ladakh ) is in the "large excess" category (more than 60 per cent above normal). by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo No state or union territory is in the cumulative "large deficient" category for the period. Arunachal Pradesh , Assam, Meghalaya, Sikkim and Bihar have recorded seasonal shortfalls. Live Events Arunachal Pradesh gauged 652.1 mm against a normal of 1,081.0 mm (about 40 per cent below normal), Assam 603.8 mm (37 per cent below normal), Meghalaya 978.7 mm (45 per cent below normal), Sikkim 837.4 mm (20 per cent below normal) and Bihar 438.3 mm (25 per cent below). Five states or union territories are in the excess category -- Jharkhand (853.7 mm; 41 per cent above normal), Delhi (433.5 mm; 37 per cent above), Rajasthan (430.6 mm; 58 per cent above), Madhya Pradesh (745.3 mm; 30 per cent above) and Puducherry (258.2 mm; 32% above). Ladakh stands out in the large-excess column with 31.8 mm against a normal of 14.8 mm (about 115% above normal). Twenty-five states and union territories, spanning north, central, east and south India , recorded seasonal totals within ±19% of the long-period average. This group includes Uttar Pradesh (478.0 mm; 11 per cent above normal), Maharashtra (585.2 mm; about 9 per cent below normal but within the normal band) and Karnataka (587.8 mm; 10 per cent above normal). While the cumulative picture shows the country close to normal, the season has been marked by sharp spatial and temporal variability. Parts of the western Himalayas, especially Himachal Pradesh and Uttarakhand, have seen cloudbursts, flash floods and widespread landslides in July and early August, disrupting roads and local life. The national capital region also faced episodes of heavy downpour and waterlogging in late July and early August. The IMD has noted the unevenness of rainfall so far and expects the second half of the monsoon (August-September) to be generally wetter, with above-normal rainfall likely over the country as a whole. However, some pockets, including parts of the northeast and adjoining eastern India, are expected to remain on the drier side. The IMD has also said that northeast India has experienced below-normal rainfall for several consecutive years and warned of continuing regional differences in rainfall activity. In May, the IMD predicted that India would receive 106 per cent of the long-period average rainfall of 87 cm during the June-September monsoon season. Rainfall ranging between 96 and 104 per cent of this 50-year average is considered "normal". The monsoon plays a critical role in India's agriculture sector, which supports the livelihood of around 42 per cent of the population and contributes 18.2% to the national GDP . It is also crucial for replenishing reservoirs used for drinking water and power generation.
Time of India
3 days ago
- Business
- Time of India
India shuts unit at country's largest nuclear power plant for maintenance
India has shut a unit at its Kudankulam nuclear reactor , the largest in the country, for scheduled maintenance last week, according to an outage report, possibly spiking power prices for southern regions. The 1,000 megawatt (MW) Unit 1 at Kudankulam in the southern state of Tamil Nadu was shut on August 3, the Central Electricity Authority, the country's power advisory body, said in a report dated August 7. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Confirming that one unit of Kudankulam is under maintenance, a senior official with Tamil Nadu Distribution and Generation Company said the state might have to tap market sources if the need for additional demand arises. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Remember Him? Sit Down Before You See What He Looks Like Now 33 Bridges Undo The official from the state government did not want to be identified as India's nuclear facilities are controlled by the federal government. Earlier, the Kerala State Electricity Board Ltd (KSEBL) filed a petition with the state's electricity regulator, saying the shutdown is expected to worsen the peak-hour electricity shortages in some southern states, driving up short-term power procurement costs. Live Events The 65-day outage, coupled with low volumes on power exchanges and increased demand from neighbouring states, had forced it to procure 300 MW of peak-hour power at rates as high as 9.18 rupees ($0.1048) per unit of electricity. The utility finalised purchases from Tata Power at 8.75 rupees per unit and Greenko Energies at 9.18 rupees per unit for the slot between 07:00 PM IST and 00:00 AM IST slot throughout August, the petition showed. "The projected peak-hour deficit of around 600 MW in August 2025 may worsen due to the scheduled refuelling outage of the Kudankulam nuclear power plant," KSEBL said. Kerala's electricity regulator approved the emergency procurement but flagged concerns over the high tariffs . The other 1,000 MW unit 2 at Kudankulam is operating normally, according to the Tamil Nadu government official. India aims to expand nuclear capacity to at least 100 gigawatt by 2047, up from about 9 gigawatt currently. ($1 = 87.6212 Indian rupees)
Time of India
3 days ago
- Politics
- Time of India
Rahul Gandhi demands clean, pure voter list
Congress leader Rahul Gandhi on Monday said the Opposition is protesting for the right to vote for every Indian, and demanded a "clean and pure" voter list. He said the Election Commission is silent as the truth is before the entire nation, after his charge that over one lakh votes in an assembly constituency in Karnataka were found to be fake in a research conducted by his party. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Gandhi participated in the protest march by Opposition MPs from Parliament House to the EC office, but was prevented midway by the police and detained. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Undo "They (EC) cannot talk as the truth is before the entire nation," he said as he was being taken away in a bus by the police. "This fight is not political, but for saving the Constitution ," he asserted. Live Events "This fight is for 'one man, one vote' and we want a clean, pure voter list," the Leader of Opposition in the Lok Sabha added.
Time of India
3 days ago
- Politics
- Time of India
Opposition MPs to march against Election Commission from Parliament's Makar Dwar today
Members of Parliament from Opposition parties in both Lok Sabha and Rajya Sabha are set to march from Makar Dwar in Parliament to the Election Commission office at Nirvachan Sadan on Monday. The march will begin at 11:30 AM and proceed via Transport Bhawan. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Earlier in the day, the Delhi Police said that no permission has been sought so far for the proposed march by the INDIA Bloc from Parliament to the Election Commission. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Only 3% Score Above 130 – What's Your IQ Try Now Undo On Sunday, senior Congress leader Digvijaya Singh said that the INDIA bloc MPs had marched from the Parliament to the Election Commission's office on Monday to protest the Special Intensive Revision (SIR) of electoral rolls in poll-bound Bihar and allegations of "voter fraud" during the 2024 Lok Sabha elections. At a press conference, Digvijaya Singh alleged that all the Booth Level Officers (BLOs) were filling out "fake forms" in one room. Live Events He stated, "Rahul Gandhi put forward such facts that no one could deny... The name of one person appeared at multiple locations, including polling booths... Rahul Gandhi's demand was for electronic data of the voter list, which could be scanned using software to determine how many votes were cast on a single EPIC number... The reason for the SIR happening in Bihar was questioned. It had been thoroughly tested in 2003, which took 2 years in Bihar, but this time they wanted to do it in 1 month..." Meanwhile, the Lok Sabha is set for a packed agenda on Monday, with multiple committee reports, ministerial statements, and significant legislative business scheduled for discussion. The day's proceedings will begin at 11 am with questions entered in a separate list to be asked and answers given. This will be followed by the laying of papers on the table by ministers from various departments, including Gajendra Singh Shekhawat for the Ministry of Culture; Jayant Chaudhary for the Ministry of Education; Pankaj Chaudhary for the Ministry of Finance; Kirtivardhan Singh for the Ministry of Environment, Forest and Climate Change; and Sukanta Majumdar for Ministry of Education.
