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Paswan sees bumper pulse output this year, warns hoarders

PTI The country will see a bumper pulse production this year leading to a fall in prices and hoarders will not stand to benefit, Food Minister Ram Vilas Paswan on Thursday said as he asked them to offload their stocks. Singling out hoarders and blackmarketeers for the sharp rise in retail prices of pulses, he felt that the states did not take stringent action against them. "The country will have a bumper production of pulses this year and hoarders will not get anything," Paswan said on the sidelines of an event here. "If hoarders are thinking that they will sell pulses at higher rate, then forget it. They should sell their stocks in the open market as production will be high this ...

Israels Pears foundation to hold bination hackathon

The Dollar Business Bureau Pears Foundation of Israel is hosting a bination hackathon focusing on affordable healthcare across four cities – Hyderabad, Bengaluru, Mumbai and Tel Aviv (Israel). The 36-hour hackathon in Hyderabad will be conducted by India's largest incubator for startups T-Hub in association with its Israel counterpart. The bination hackathon is the first outcome of T-Hub’s international partnership with StarTau, Israel. This hackathon will build bridges between the innovation ecosystems of Israel and India by providing a platform for entrepreneurs and industry experts from both the countries to work together to pioneer affordable healthcare solutions, T-Hub said in a statement. Winners of the hackathon will receive a minimum cash prize of Rs.1 lakh for each sponsored challenge and a fully paid ...

India to focus on high value items to double exports by 2019

The Dollar Business Bureau | @TheDollarBiz India plans to focus on its strengths and on labour intensive sectors to push total exports to over $900 billion in the next five years, a target that is almost double the total exports of $464 billion recorded in FY2013-14. This translates into a CAGR of approximately 14%, and is expected to improve India’s share of global exports to above 3% by FY2019. India’s exports have fluctuated in the last 10 years, with merchandise exports growing an astounding 40% in FY2010-11, while declining only twice, in FY2009-10 (-3.5%) and FY2012-13 (-1.8%). However, overall, India’s merchandise exports have grown around 76% in the last five years, up from around $178.7 billion in FY2009-10. Source - ...