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India to Resume Subsidized Bharat Atta and Rice Sales Ahead of Festival Season
India's Ministry of Consumer Affairs is restarting subsidized Bharat Atta and Rice sales, allocating 50,000 tonnes of wheat and 300,000 tonnes of rice, to mitigate price increases (6-7% for Atta in one month) and El Nino impacts before the festival season. Bharat Rice will initially cost ₹35/kg, rising to ₹36/kg from November 1, while Bharat Atta is fixed at ₹32/kg for 2026-27.
Coal India Plans ₹68,000 Crore Capex Over Four Years for Capacity Expansion, Infrastructure
Coal India Ltd plans to spend ₹68,000 crore over FY27-FY30 on capacity expansion, mining infrastructure, land acquisition, coal evacuation systems, and solar projects to boost efficiency and diversification.
India Seeks Diversification of Tur and Urad Suppliers Amid El Nino Concerns
India's importers push for approval of new tur and urad supplier countries, notably Brazil and Australia, to mitigate El Nino's impact on pulse production and reduce reliance on current suppliers like Myanmar.
India-US Trade Agreement: First Tranche Awaits US Assurance for Comparative Advantage
India's Commerce Minister Piyush Goyal states the first tranche of the US-India bilateral trade agreement awaits US assurance to ensure India gains a comparative advantage over competitors, amidst ongoing trade negotiations and tariff implications.
JPMorgan CEO Jamie Dimon Shares Two Life-Changing Incidents
JPMorgan Chase CEO Jamie Dimon reflects on his 1998 firing from Citigroup and a near-fatal heart emergency in 2020, discussing how these events reshaped his career and outlook on life.
India to Launch Digital Platform for Unclaimed Shares and Dividends
India's government is developing a digital platform to manage unclaimed shares and dividends, connecting various official platforms via APIs, leveraging AI and data analytics for streamlined, consent-based transfers with enhanced fraud prevention.