The Pulse report which is based on PhonePe’s 32 crore user base said that transactions in the July to September quarter grew by 33.6 percent QoQ to 526.4 crore. Chandigarh topped the charts in digital payments with a 50 percent QoQ growth.
During Zero Hour in the Lok Sabha, BJD's Bhartruhari Mahtab raised the issue of import of pulses in which Glyphosate, which is harmful for humans, has been used.
Pulse-The Venture is an initiative to identify entrepreneurial ideas and give them a platform to compete and win up to Rs 1 crore as seed funding.
In January 2016, the print was (-)1.07 percent. The last comparable high level of WPI was witnessed in July 2014 at 5.41 percent. As per Commerce Ministry data, inflation in the 'fuel and power' basket more than doubled to 18.14 percent in January, up from 8.65 percent in the previous month.
The President also said the acreage under kharif and rabi crops has risen this year on account of favourable monsoon after consecutive years of drought.
Diversified firm Dharampal Satyapal Group (DS Group) expects its revenue to grow by 20-24 percent this fiscal with food and beverage and mouth freshener businesses driving the growth.
Government has created 6.38 lakh tonnes of pulse buffer stock so far through domestic purchase and imports.
Renault India is planning to hike prices of its passenger vehicles by up to 2 per cent to offset rising input costs.
The country imported 4.58 MT of the key kitchen staple worth Rs 17,063 crore, Minister of State for Agriculture S S Ahluwalia said in a written reply in the Rajya Sabha.
The Reserve Bank of India is most likely to cut down its key policy rate on August 9 by 25 basis points if the rains manage to dampen pulse prices, says a BofA Merrill Lynch Global Research report.
While increasing the size of the buffer stock of pulses to 20 lakh tonnes from the existing 8 lakh tonnes, the government decided to explore avenues for imports from more pulse-growing nations on a government-to-government basis.
This rapidly growing popularity has Pulse giving established brands like Parle's Mango Bite and ITC's Candyman a run for their money.
Even as prices of pulses went through the roof these last few months, the Centre and state governments haven't been sitting idle. After a series of raids, the Maharashtra government has decided to enact a law to cap the maximum prices of the pulses.
Recently, Sebi announced an increase in margins for farm sector derivatives.
Pulse, a hard-boiled candy launched early last year by the DS Group, has taken the Indian candy market by storm.
The state government has also reimposed the stock holding limits on traders, sources said. It was also informed that much of the seized quantity of pulses was unmilled, largely from Mumbai, Thane and Panvel.
"India is a strong market for Renault and we have strong presence in the country. We will launch MPV Lodgy by month-end or early next month. "After that we will also launch sub-Rs 4 lakh small car. It will be a global car," Renault India Country CEO and MD Sumit Sawhney told reporters.
The company will provide details of the increases later and said that "this (price hike) will be as per industry standards."
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