Mon, Sep 6, 2021 4:58 PM
TARC offloads part of warehousing asset to Blackstone for Rs 295 crore
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Surging gold prices are prompting some Indians to exchange gold jewelry for new pieces as demand rises during the wedding season in the biggest consumer of the precious metal after China. More Indians are looking to reuse their gold, and the higher prices mean imports will remain pressured in the coming months, said Surendra Mehta, national secretary at the India Bullion and Jewellers Association.
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With an acute shortage in India of its favourite pulse, tur, the Centre has decided to procure the crop directly from farmers at market prices to build buffer stock, a senior official told Moneycontrol. The government will undertake procurement via the National Agricultural Cooperative Marketing Federation of India (NAFED) and the National Cooperative Consumers’ Federation of India Limited.
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Byju Raveendran likens current crisis to war on multiple fronts, says true entrepreneur is a war leader Byju Raveendran, the founder of the embattled edtech unicorn Byju's, rallied close to 50 of the firm's top leaders, assuring them that this was a war on multiple fronts that they would ultimately win. The meeting came amid a precarious liquidity crisis.
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