Business

New Delhi: India is not facing a sugar shortage as adequate stocks are available to meet domestic demand until the new crushing season begins in October, the government said Wednesday. It clarified that the share of sugar diverted for ethanol production has declined from around...

Washington: The global economy has weathered the oil shock caused by the closure of the Strait of Hormuz "better than feared" due to various factors, including an investment boom in artificial intelligence, IMF Managing Director Kristalina Georgieva has said. "What started out as a US...

Washington: Trump administration has paused all immigrant visa applications across the world as the State Department aims to tighten restrictions and limit access to applicants who may become dependent on US "public benefits" reserved for qualified Americans, according to a report. According to a Financial...

Bhubaneswar: In a bid to increase potato production and make Odisha self-sufficient in the production of the tuber, the state government had launched Potato Mission in 2014-15. The scheme was implemented in 2015-16 with an initial outlay of Rs 50 crore. The allocation has since...

Bhubaneswar/Baleshwar: Successive floods in the state have caused significant damage to shrimp farming, leaving many smallholder farmers in districts of Jajpur, Bhadrak, Baleshwar facing losses just weeks before harvest. The swelling of the Budhabalanga River in late July, followed by flooding in the Baitarani and...

Toronto: Canada struck back at the United States Tuesday with retaliatory tariffs on about USD 20 billion worth of American goods, including steel, dairy products, appliances and farm equipment, as the trade war between the once-friendly neighbours escalated sharply. The tension threatened one of the...

New Delhi/London: A can of Fanta sold in London contains 63 calories. The same brand in India has three times as much sugar alongside an artificial dye that requires a prominent health warning in Europe. In India, however, this colorant appears only in small print...

New Delhi: Food regulator FSSAI Tuesday said that many food companies, including Mondelez India and Amway India, have withdrawn misleading claims on labels of their products after its notices. In a social media post, the Food Safety and Standards Authority of India (FSSAI) said that...

New Delhi: The government has extended the time period for processing and domestic sale of imported raw sugar to two months from the date of its entry, in response to the concerns raised by the industry over shipping delays. While permitting the import of 1...

Washington: President Donald Trump said Tuesday that he is considering changing the name of Lake Ontario to "Lake America" as the trade war between the United States and Canada intensifies. Such a change would be reminiscent of the Republican president's unilateral action last year by...