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Impavid Bulletin

economy

Exports of polished lab-grown diamonds may double in the current financial year started April 1 from $1.3 billion in the prior year, Vipul Shah, vice chairman of the Gem & Jewellery Export Promotion Council, said in an interview. “We have a huge potential to grow exports to $7 billion-$8 billion in the next few years on the back of US demand and acceptability in the UK and Australia,” he said.

SKM, which necessitated setting up of this committee on July 18 after leading the farmers' protest against three farm laws and forcing the government to repeal them, has already rejected this committee and decided not to nominate its representatives.

Exports of polished lab-grown diamonds may double in the current financial year started April 1 from $1.3 billion in the prior year, Vipul Shah, vice chairman of the Gem & Jewellery Export Promotion Council, said in an interview. “We have a huge potential to grow exports to $7 billion-$8 billion in the next few years on the back of US demand and acceptability in the UK and Australia,” he said.

Godrej Agrovet is the largest oil palm processor in India and works directly with the farmers for the entire lifecycle of their crop. The MoUs are in line with Godrej Agrovet’s long-term strategy to be the catalyst in India’s oil mission through sustainable growth of oil palm production and double farmer’s income.

Headline inflation may ease below 6% by March -analysts.

The bill further mandates the competition watchdog to form a prima facie opinion within 20 days of the receipt of notice. According to Gupta, these tweaks are in line with the antitrust regulator’s current practices as the average number of days to approve M&As that don’t have any adverse competition impact is currently 17 days.

Centro Credit Bank, Bank Soyuz and MTC Bank are also said to be part of the group of Russian lenders that are not under global economic sanctions and are negotiating with their local counterparts, such as the State Bank of India, IndusInd Bank, Bank of Baroda and Yes Bank.

"Inflationary concerns and government borrowing will continue to be at the forefront and will weigh on market sentiments. We expect the 10-year benchmark to trade in the 7.35-7.55% range going forward," says the head of fixed income at ICICI Prudential Life Insurance Company.

Even as good quality Indian tea prices have soared 40-50% over the past year, exporters are witnessing more enquiries from newer markets such as Turkey, Saudi Arabia and Iraq.