M Sarita Varma

Telangana, Andhra Pradesh keep tabs as Kerala unwraps its NRI chitty

Telangana and Andhra Pradesh, which enjoy substantial diaspora population, have been keeping tabs on Kerala government’s experiment to garner Rs 10,000 crore this year through a diaspora chit fund.

Money News

Kerela gears up for e-bus pact with Goldstone Infratech

Kerala is teaming up with GIL is through ASRTU (Association of State Road Transport Undertakings). GIL, in its turn, has a vehicle assembly tie-up with Chinese company BYD Auto.

Industry News

Kerala to tap diaspora to raise Rs 10,000 crore via chit fund

Pravasi Chitty, a chit fund for the non-resident Keralites (NRKs), will be launched on June 12, with an initial plan to raise Rs 10,000 crore from NRKs in the UAE in the current fiscal.

kerala, diaspora, kerala to raise Rs 10000 crore, chit fund, NRI News

Monsoon rains make early entry through Kerala coast

Southwest Monsoon has made an unusually early date with the Indian peninsula, splashing in through its usual gateway of Kerala on Tuesday.

Monsoon rains, Kerala coast, India Meteorological Department, Kochi, Kottayam, Punalur News

Natural rubber bounces back on crude oil price rise

The sagging spot rubber market has bounced back dramatically this week, from Rs 120 per kg to Rs 127 per kg.

rubber, natural rubber News

Rs 29,000 crore business: In strike against strikes, Kerala to shield tourism industry from hartals

Close on the heels of hogging the headlines with a cheeky tweet on the Karnataka poll results and later quietly deleting it, Kerala Tourism has swung into action to insulate the state’s Rs 29,000-crore tourism sector from p

kerala, tourism, tourism industry, travel News

Kerala peps up poultry business as Tamil Nadu chicken price takes a high perch

Kerala is out to put together its homegrown poultry supply chain in a hurry, as the price of Tamil Nadu-sourced broiler chicken has left the coup to perch as high as Rs 220 per kg this week.

Meat of dead chicken, dead animals, New Town,  Mamata Banerjee, West Bengal government, North 24 Parganas district, bihar News

Pineapple trade sniffs bonanza in Centre’s crop export policy

India accounts for 7% of the world’s pineapple production, through three states — Kerala, Tripura and West Bengal.

pineapple, pineapple trade, centre, export policy News

Sweeten price of sugarless, milkless tea, Kerala government tells vendors

Can tea without milk and sugar, sugared tea without milk and the milky tea without sugar be charged the same price as tea brewed with all these? No, says Kerala government emphatically in a Government Order (GO) this week.

tea, milk, sugar, sugarless tea, sugarfree tea, milkless tea, Kerala News

Coal famine in Chhattisgarh, Madhya Pradesh plunges Kerala into blackouts

Shortage of coal at Jindal Tamnar Thermal Station, Chhattisgarh, and Jhabua Thermal Station, Madhya Pradesh, has hit power supply in Kerala.

shortage of coal in MP, Jindal Tamnar Thermal Station,  Chhattisgarh,  Jhabua Thermal Station, kerala, KSEB News

Kerala bets big on Rs 3,000-crore titanium project

The ambitious project, catering to the demand for rare mineral products vital for the country's aerospace and defence sectors, will be under the public-private partnership (PPP) mode.

Kerala, titanium project, Kerala Minerals, Metals, KMML, public-private partnership, PPP News

Not Delhi, Kerala to emerge as first state with 1000 free Wi-Fi hotspots

The state-wide network will provide citizens access to the internet with Wi-Fi spots deployed in parks, libraries and other public spaces.

Wi-Fi hotspots, wifi, kerala, Kerala chief minister Pinarayi Vijayan News

Indian Railways, BEML, Kerala government mull Rs 320-crore coach Joint Venture

The railway coach manufacturing factory project in Kanjikode, Kerala, is back on the Centre’s radar, exactly 10 years after it was first mooted.

railways, indian railways, railway projects, indian railways, suresh prabhu, central projects, overrun costs, MOSPI, railway government projects, railways loss News

Kerala plan to lease Andhra Pradesh land for cashew fails

Kerala’s much-touted initiative to lease 50,000 acre for cashew cultivation in Andhra Pradesh for the cashew processing industry in Kerala has drawn a blank.

cashew, kerala, andhra pradesh, cashew cultivation, raw cashew nuts News

Mirror image of Chinese E Class propels Mercedes sales in India

A mirror-image model of the Chinese version of its Long Wheelbase (LWB) E-Class model premium executive sedan has been the unsung dragon that drove the unprecedented sales volumes of the German carmaker Mercedes Benz in India

Chinese E Class, Mercedes sales in India, india, mercedes News

KIMS Global partners Dangote group to debut in Africa

Last week, Dangote Group president and CEO Aliko Dangote and Ayoki Fabricon managing director Ganesh Kumar had held parleys on the details of Nigerian healthcare initiative with KIMS Global chairman MA Sahadulla.

KIMS global, Dangote group, Africa, healthcare business News

Kerala laps up low potato prices in UP

Marxist government in Kerala is close to harvesting a business opportunity in Uttar Pradesh, where recently angry potato farmers threw quintals of potatoes at chief minister Yogi Adityanath’s office and residence protesting

India News

Cocoa turns sweeter for Kerala farmers as rubber profits fall

Even as thin price realisation from natural rubber (NR) has been making rubber plantations abandoned, cocoa is slowly turning sweeter to Kerala farmer.

Andhra Pradesh, Kerala, Karnataka, top cocoa-producing states, cocoa, india News

NCDC to part-fund Kerala’s coir fibre sourcing project

Coir sector in Kerala has readied Rs 1,200-crore backward integration plans to fine-tune its raw material sourcing issues. This would be part-funded by the NCDC.

NCDC, KERALA, COIR RECTOR, COIR INDUSTRY, ECONOMY, INDIA, KERALA News

Rubber growers go easy on tapping as price drops 22%

Natural Rubber (NR) price has fallen by 22.15% this week, on a year-on-year basis. This is despite the slowdown in the estate-to-market stock movements, in tandem with the tapering down of the latex production season.

natural rubber price, natural rubber production in india, natural rubber export in india, natural rubber import in india News

Infrastructure in Kerala: State turns to its expats to build 2 highways worth Rs 10,000 cr

The state is tapping money with its expats to build two highways worth `10,000 crore from north to south

Infrastructure in Kerala, Left Democratic Front, Kerala, Pinarayi Vijayan, Gulf countries, Vizhinjam, Kollam, KIIFB, TM Thomas Isaac, Harvard University News

Tyre business positive even as Centre hikes rubber licence fees

Centre has revised the fees charged for special licences issued to rubber manufacturers, dealers and processors, according to a communique from Rubber Board of India.

Tyre, Tyre business, rubber licence fees, Rubber Board, Automotive Tyre Manufacturers Association, ATMA, Rubber Board of India, GST  News

3 consortia in the race for Rs 1538 crore Smartcity Thiruvananthapuram

These consortia are led by New-Delhi-based IPE Global, Mahindra Consulting Engineers (formerly Mahindra Acres Consulting Engineers-MACE) and Wadia Techno-Engineering Services.

Smartcity, Smartcity Thiruvananthapuram, special purpose vehicle, Kerala, IPE Global, Mahindra Consulting Engineers, Wi-Fi News

Kerala Finance Ministry TM Thomas Isaac likely to plug deficits to lure funds for infrastructure

An unlikely deficit-tamer, Dr Isaac, who is also a respected economist, had been constantly arguing that taking on loans specifically to fuel development is no accounting sin.

Isaac, TM Thomas Isaac, Kerala Finance Ministry, deficits, funds, infrastructure, Non tax revenues, development projects, GST, GST revenue News

Kerala pitches for Rs 43,000 cr Indian Railways semi-high speed corridor between Kasargod and Thiruvananthapuram

The Kerala government has put forward before Railway Board a preliminary project report for setting up a semi high speed rail corridor between Kasargod and Thiruvananthapuram, above the existing rail line.

kerala, indian railways, semi high speed corridor, Kasargod and Thiruvananthapuram, preliminary project report News

Paper makers seek anti-dumping and safeguard duties on imports

The surge in paper imports by 60% in the first six months of the fiscal has led the Indian Paper Manufacturers Association (IPMA) to write to the Centre seeking an end to preferential tariff treatment to importers.

paper makers anti dumping, import duties on paper makers, Indian Paper Manufacturers Association, IPMA News

In a first in India, Kerala unveils GST enabled e-ticketing for movie houses

For the first time in the country, Kerala has readied a centrally-run, server-based e-ticketing mechanism for movie houses. The state government will also roll out its e-booking app to reserve movie tickets within two months.

gst ticket, kerala gst ticket, gst enabled ticket, e ticket gst News
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