Author: Deshwale Business Desk

Prime Minister Narendra Modi addressed a post-budget webinar on agriculture and rural prosperity. He announced the ‘PM Dhan Dhanya Krishi Yojana’ to develop 100 low-yield agricultural districts. Focus on 100 Low-Yield Districts The scheme aims to improve agricultural productivity in the least developed farm districts. Modi highlighted past success with the Aspirational Districts programme. The new initiative will follow a similar model to increase farmers’ income. Investments in Agriculture and Nutrition Modi pointed out that India’s agricultural output has grown from 265 million tons to over 330 million tons in a decade. Horticulture production has crossed 350 million tons. He…

Toyota Kirloskar Motor (TKM) recorded a 13% sales growth in February 2025. The company sold 28,414 vehicles, up from 25,220 in February 2024. In India, domestic sales stood at 26,414 units. Exports added 2,000 more. From April 2024 to February 2025, Toyota’s total sales reached 3,06,105 units. This marks a 30% jump from the 2,36,332 units sold in the same period last year. SUVs and MPVs drove the growth, contributing 68% of sales. Best-selling models included the Innova Crysta, Innova Hycross, Urban Cruiser Hyryder, Hilux, Fortuner, Legender, and Rumion. Toyota reopened bookings for the Land Cruiser 300 to meet demand.…

India’s leading commodity derivatives exchange, the Multi Commodity Exchange (MCX), has achieved remarkable milestones during the week of February 21 to 27, 2025. The exchange recorded a total turnover of Rs. 12,85,062.24 crore in various futures and options contracts for listed commodities, with notable performance in precious metals, energy, agricultural commodities, and the Bullion Index. Gold Options Contracts Hit Record High Turnover The standout achievement for the week was the record-breaking turnover of Rs. 1,71,025 crore in GOLD (1 kg) options contracts, marking an all-time high for MCX. The exchange also saw a significant trading volume of 200 metric tonnes…

Mumbai’s real estate market has shown signs of stabilisation as property registrations slightly dipped in February 2025. According to Knight Frank India, a total of 11,541 properties were registered in the city, marking a 4% Year-on-Year (YoY) decline compared to 12,056 registrations in February 2024, based on data from the Maharashtra Inspector General of Registration (IGR). Despite the decline in registrations, Mumbai’s stamp duty collections remained stable at ₹896 crore in February 2025, closely matching the ₹885 crore collected in February 2024. However, compared to January 2025, when 12,249 properties were registered and stamp duty collections totalled ₹994 crore, February…

Kia India has secured the prestigious ‘Great Place to Work’ certification for February 2025 to February 2026. The recognition highlights Kia’s commitment to a trust-based, inclusive, and high-performance workplace culture. The certification process, led by the Great Place to Work® institute, evaluated workplace culture across five critical dimensions: Credibility, Respect, Fairness, Pride, and Camaraderie. Kia India excelled in all areas, showcasing its focus on employee engagement, well-being, and excellence. Over 92% of Kia India’s employees, from corporate, regional, and plant offices, participated in the evaluation. The certification reflects the company’s employee-friendly policies, which emphasise professional growth and development. Kia India’s…

HDFC Life has bagged top honours at the LACP Vision Awards FY 23/24, winning accolades for its Integrated and Annual Reports. The awards, given by the League of American Communications Professionals LLC, highlight excellence in annual report communications. The company secured its sixth consecutive Platinum award for its Integrated Report and seventh Gold for its Annual Report. HDFC Life’s global rank among the Top 100 Reports moved up to 37th in both categories, showcasing a significant leap from last year’s 47th and 79th positions, respectively. The insurer also received the Technical Achievement Award for its exceptional art and method in…

ક્રૂડ તેલના વાયદામાં રૂ. 62નો પ્રત્યાઘાતી ઘટાડોઃ કોટન-ખાંડી વાયદામાં રૂ. 360નો કડાકોઃ મેન્થા તેલમાં મામૂલી સુધારોઃ નેચરલ ગેસ ઢીલુંઃ કોમોડિટી વાયદાઓમાં રૂ. 12507 કરોડ અને કોમોડિટી ઓપ્શન્સમાં રૂ. 96987 કરોડનું ટર્નઓવરઃ સોના-ચાંદીના વાયદાઓમાં રૂ. 9727 કરોડનાં કામકાજઃ બુલિયન ઇન્ડેક્સ બુલડેક્સ વાયદો 20112 પોઇન્ટના સ્તરે કોમોડિટી ડેરિવેટિવ્ઝ એક્સચેન્જ એમસીએક્સ પર કોમોડિટી વાયદા, ઓપ્શન્સ અને ઇન્ડેક્સ ફ્યુચર્સમાં રૂ. 109497.15 કરોડનું ટર્નઓવર નોંધાયું હતું. કોમોડિટી વાયદાઓમાં રૂ. 12507.16 કરોડનાં કામકાજ થયાં હતાં. કોમોડિટી ઓપ્શન્સમાં રૂ. 96987.95 કરોડનું નોશનલ ટર્નઓવર નોંધાયું હતું. બુલિયન ઇન્ડેક્સ બુલડેક્સ માર્ચ વાયદો 20112 પોઇન્ટના સ્તરે પહોંચ્યો હતો. કોમોડિટી ઓપ્શન્સમાં કુલ પ્રીમિયમ ટર્નઓવર રૂ. 697.68 કરોડ હતું. કીમતી ધાતુઓમાં સોના-ચાંદીના…

InsuranceDekho, India’s fastest-growing insurtech platform, has achieved a 92% expansion in its agent partner network, now covering 99% of the country’s pin codes. In just one year, the company onboarded over 95,000 new agent partners, bringing the total to 2.2 lakh as of December 2024. This rapid growth focuses on Tier 2 and Tier 3 cities, with 86% of agents operating in these regions. The company has also made strides in remote areas like Lahaul-Spiti in Himachal Pradesh and Serchhip in Mizoram, demonstrating its mission to bridge the insurance gap in India. InsuranceDekho aims to reach six lakh villages, creating…

India’s leading commodity derivatives exchange, Multi Commodity Exchange (MCX) has recorded turnover of Rs.109497.15 crores in various futures and option contracts for commodities listed at MCX on 28 February 2025 till 5:00 pm. In which commodity futures accounted for Rs. 12507.16 crores and options on commodity futures for Rs. 96987.95 crores (notional). Bullion Index MCXBULLDEX Mar-25 futures was reached at 20112. Commodity Future Contracts: Bullion: In precious metals, Turnover of Gold and Silver variants clocked Rs. 9727.97 crores. GOLD Apr-25 contract was down by 0.61% to Rs. 84673 per 10 gram, GOLDGUINEA Feb-25 contract was down by 0.46% to Rs.…