Biz Journal - Business perfection

Centre offers processed moong, urad to states at subsidised rate for retail

The Centre has offered to provide processed moong and urad pulses from its buffer stock to state governments for retail sale at a subsidised rate in the current lean period in a bid to check any possible price rise, according to Consumer Affairs Secretary Leena Nandan.

Moong will be offered at Rs 92 per kg and urad at Rs 84-96 per kg, much lower than prevailing retail market prices, she said.

“This is a new retail price intervention mechanism which has been approved by the Group of Ministers recently. Under this initiative, the central government will provide processed moong and urad to state governments either in bulk quantity or in one or half kilo pack for retail sale,” Nandan told PTI.

Pulses will be offered from the buffer stock created with the Price Stabilisation Fund (PSF). States after evaluating

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Economic

Container cargo handling at major ports drops about 25% in April-Aug: IPA

September 27, 2020September 27, 2020 by Martha

Container cargo handling at India’s major ports fell about 25 per cent during April-August amid the COVID-19 pandemic, according to ports body IPA data.

Container cargo in terms of TEUs (twenty-foot equivalent unit) at India’s 12 major ports dropped 25 per cent to 3.25 million in the the April-August period of the current fiscal, showed the latest data from the Indian Ports’ Association (IPA).

In terms of tonnage, the container cargo declined 22.45 per cent to 49.26 million tonnes (MT) during the period.

These ports had handled containers to the tune of 4.34 million TEUs and 63.53 MT in terms of tonnage in the April-August period of the previous financial year.

The IPA, which maintains cargo data handled by these ports, in its latest report said “percentage variation from the previous year” in container handling in terms

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Invesment

10 Ways to Rethink Your Business Tools to Optimize Their Value

September 27, 2020September 27, 2020 by Martha

To make the most of the tools and platforms your business uses, you may need to change your thinking. You can look at things in new ways or find new uses for tools you already use. Here are tips from the online small business community to help you get more value out of everything.

Drive Local Foot Traffic With Twitter Ads

Twitter isn’t just for promoting online offerings. Local businesses can use the tool to drive foot traffic. Small Business Trends is pleased to share this Social Media Examiner post by our Executive Editor Shawn Hessinger. Check it out for tips on using Twitter to drive local foot traffic.

Learn How the Twitter Algorithm Changes

Twitter and other social sites are constantly updating their algorithms. And this can change the way you use those platforms. In this Inspire to Thrive post, Lisa Sicard goes over changes to the Algorithm. And

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Biz News

Delhi records ‘moderate’ air quality, may turn ‘poor’ by Monday

September 26, 2020September 26, 2020 by Martha

The national capital recorded its air quality in the “moderate” category on Saturday morning, while a government forecasting agency predicted that it will turn “poor” by Monday.

At 9.30 am, Delhi’s air quality index (AQI) was 168, which falls in the “moderate” category. On Friday, it recorded a 24-hour average AQI of 134.

An AQI between 0 and 50 is considered ‘good’, 51 and 100 ‘satisfactory’, 101 and 200 ‘moderate’, 201 and 300 ‘poor’, 301 and 400 ‘very poor’, and 401 and 500 ‘severe’.

The Ministry of Earth Science’s air quality monitor, SAFAR, said dust from arid regions in the southwest has started affecting Delhi.

“Farm fires have begun in Amritsar, Punjab, and neighbouring border regions and are likely to influence the city’s air quality,” it said.

The farm fire count on Friday was around

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Economic

India needs to copy China better when it comes to running successful SEZs

September 26, 2020September 26, 2020 by Martha

If India only reforms when under pressure, then now should be a moment for big changes: Gross domestic product contracted nearly 24% in the second quarter, more than any other large economy; tens of millions have lost jobs in the formal and informal sectors; and the country is adding over 85,000 confirmed coronavirus cases each day. There’s an obvious place for the government to start, too: fixing India’s failed special economic zones.

China, of course, pioneered the idea of testing politically difficult economic and legal reforms in a few such areas before rolling them out more widely. The experiment proved wildly successful. Shenzhen, one of the mainland’s first SEZs, grew from a population of 310,000 and a GDP of $160 million in 1981 to a population of 12.5 million, a GDP of $388 billion and per capita income in excess of $30,000 by 2019–surely the fastest-ever

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Invesment

Mike Katz of T-Mobile: The kinds of capabilities that 5G promises to present can be transformational

September 26, 2020September 26, 2020 by Martha

Heading into National Small Business Week T-Mobile launched new rate plans for small businesses with Microsoft 365 included, allowing customers access to Office apps, cloud services, device management and advanced security. To learn more about the offering and how T-Mobile is working with Microsoft to help SMBs succeed in these unprecedented times, I recently spoke with Mike Katz, Executive Vice President of T-Mobile for Business.

In addition to filling us in on the new offerings and the Microsoft partnership, Mike also shared how small businesses are using mobile and cloud technologies – and their own creativity and innovation – to transform their businesses to meet the changing needs of their customers. Mike also shares how 5G broadband wireless technology holds the promise of being a game changer to those businesses from a variety of perspectives.

Drive Local Foot Traffic With Twitter Ads

Learn How the Twitter Algorithm Changes

Interview with Mike Katz of T-Mobile